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$295,000

602 Richmond Ln, Waxahachie, TX, 75165

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,374 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.7 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator
FlooringTile, Vinyl, Wood

Exterior

Lot Size9,932 sqft

Building Information

Year Built1957
Stories1

Land Information

APN90.2002.258.006.00.112
Lot Number6
SubdivisionTown
Land UseResidential
Legal DescriptionLOT 6 BLK 258 TOWN .228 AC
Census Tract060300
Assessed Land Value$70,000
Assessed Improvement Value$132,812
Assessment Year2025

About this property

This pristine home is the perfect blend of classic charm and thoughtful updates. From the moment you arrive, you'll be welcomed by a beautifully manicured front lawn, mature shade trees, and outstanding curb appeal that create a warm first impression. Inside, gorgeous hardwood floors flow throughout much of the home, adding warmth, character, and timeless appeal. The updated kitchen offers painted cabinetry, stainless steel appliances, subway tile backsplash, artisan concrete countertops, and an efficient layout that's both functional and inviting. One of the home's standout features is its delightful retro bathroom, lovingly maintained with its original vintage tile, offering a nostalgic touch that's both unique and full of personality. Outside, you'll find a covered carport, and a large backyard complete with a storage building including loft. Perfect for gardening tools, hobbies, or additional storage. This is the kind of home that simply feels welcoming the moment you walk through the front door. A rare combination of vintage charm, tasteful updates, and meticulous care.

Investor Tools

$0Estimated Mortgage Balance
$226,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Lindsay King

King Realty Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,907
$202,812
2025
$70,000
$132,812
$202,812
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,907
$202,812

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$226,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waxahachie

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602 Richmond Ln | Property Details | No Agent List