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$381,000

NAL Estimated Property Value

603 Highland Avenue, Waxahachie, TX, 75165

$417,645 ARVInfo
Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths2,838 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.42 / sqft
Year BuiltBuilt in 1900

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Heating CentralHeating Central
CoolingCooling
AppliancesDisposal, Gas Range, Gas Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size20,996 sqft

Building Information

Year Built1900
Stories2
Roof Type105

Land Information

APN90.9335.025.001.04.112
Lot Number1D
SubdivisionWest End-Rev
Land UseResidential
Legal DescriptionLOT 1D BLK 25 WEST END-REV 0.482 AC
Census Tract060602
Assessed Land Value$88,000
Assessed Improvement Value$258,093
Assessment Year2025

About this property

***MULTIPLE OFFERS RECEIVED. HIGHEST AND BEST DUE BY SUNDAY MAY 31ST AT 12:00P*** Built in 1900 and positioned on a prominent corner lot, 603 Highland Avenue in Waxahachie captures the elegance of early architecture while offering expansion opportunities. The main level spans 1,838 square feet and has been renovated, while the partially finished 890+ square-foot second floor presents a rare chance to expand and customize. Original hardwood floors, two functional fireplaces, and preserved architectural details showcase the home’s craftsmanship and character. The thoughtfully remodeled first floor blends historic charm with modern livability, featuring formal living and dining spaces, a private study, and a custom kitchen with high-end finishes. A main-level bedroom offers added comfort with luxury carpet and electric shades. Upstairs, the unfinished space is a blank canvas ready to be transformed into additional bedrooms, a primary suite, or creative living areas tailored to your vision. Outside, generous yard space provides the perfect setting for entertaining or relaxing. Located just minutes from Historic Downtown Waxahachie, this one-of-a-kind property pairs timeless Victorian character with the flexibility to create something truly exceptional.

Investor Tools

Property Icon
$381,000
Estimated Property Value
$56,445Estimated Mortgage Balance
$324,555Estimated Equity
85% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$417,644
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,286 /month
Positive
Cash Flow Estimate:
$762 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,362
$346,093
2025
$88,000
$258,093
$346,093
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$5,362
$346,093

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ladd Vien
Seller Carryback / Seller Financing / Seller Take-Back
$75,000
No
First
Feb 19, 2015
Mar 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$56,445
$324,555
85%
15%
$450/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$450/mo
+$1,522/mo
6.2%

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.

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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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603 Highland Avenue | Property Details | No Agent List