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$606,126

NAL Estimated Property Value

610 Water Street, Waxahachie, TX, 75165

Off MarketInfo
CommercialInfo
Baths0 Bath
Baths4,000 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1965

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete, Hardwood, Laminate

Exterior

Lot Size21,954 sqft

Building Information

Year Built1965
Stories1

Land Information

APN90.2002.071.901.00.112
Lot Number1
SubdivisionTown
Land UseCommercial
Legal DescriptionLOT 1 & 2 BLK 71 & LOT A BLK 71A TOWN 0.504 ACRES
Census Tract060500
Assessed Land Value$360,710
Assessed Improvement Value$245,416
Assessment Year2025

About this property

Commercial Property located near Downtown Waxahachie. Within walking distance of White Rhino Coffee Shop. Totaling 4000 SQFT, this space has 2400 SQFT currently dedicated to office spaces, reception and kitchen area. There is also a workshop inside. Additionally, there is 1600 SQFT of space that is currently allocated to residential living quarters. This can easily be converted back to office space. Endless Potential for this commercial space as the demand for office space in Ellis County is thriving. Schedule your appointment today. Please know the owner offices and resides here.

Investor Tools

Property Icon
$606,126
Estimated Property Value
$0Estimated Mortgage Balance
$606,126Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,749 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,254/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,016
$606,126
2025
$360,710
$245,416
$606,126
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,016
$606,126

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$606,126
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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610 Water Street | Property Details | No Agent List