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$382,074

NAL Estimated Property Value

7641 Fm 1387, Waxahachie, TX, 75167

$385,004 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,537 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1.5Bathrooms Full 1.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave
FlooringCeramic Tile, Laminate

Exterior

Lot Size2.18 acres

Building Information

Year Built1969
Stories1
Garage Spaces5

Land Information

APN99.0793.000.027.00.108
SubdivisionA R Newton
Land UseResidential
Legal Description793 A R NEWTON 2.18 ACRES
Census Tract060221
Assessed Land Value$180,000
Assessed Improvement Value$202,074
Assessment Year2025

About this property

OUTSIDE OF THE CITY LIMITS Cozy 3-2-2 Ranch Style Home on over 2 acres in sought after Midlothian ISD. Home has upgrades including metal roof, double pane windows, vinyl wood floors, Trane HVAC 2014. Beautiful outdoor living space with towering trees and lots of room to run and play.

Investor Tools

Property Icon
$382,074
Estimated Property Value
$219,640Estimated Mortgage Balance
$162,434Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$385,003
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$497/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,056
$382,074
2025
$180,000
$202,074
$382,074
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,056
$382,074

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$244,750
No
First
Jan 12, 2021
Feb 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,640
$162,434
42%
57%
$1,468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,440/mo
$1,468/mo
+$972/mo
7.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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7641 Fm 1387 | Property Details | No Agent List