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$700,979

NAL Estimated Property Value

8040 Knapp Dr, Waxahachie, TX, 75167

Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,760 Sq Ft
price_per_sqft$244.57 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2.5Bathrooms Full 2.5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave

Exterior

Private PoolPrivate Pool
Lot Size1.03 acres

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces3

Land Information

APN00.4844.905.009.00.108
Lot Number9
SubdivisionHorseshoe Meadows
Land UseResidential
Legal DescriptionLOT 9 BLK E HORSESHOE MEADOWS 1.034 AC
Census Tract060211
Assessed Land Value$145,000
Assessed Improvement Value$555,979
Assessment Year2025

About this property

LUXURY MODERN FARMHOUSE. This is a stunning Creative Homes custom build. 1.034 acres located in the heart of Texas. 5 bedroom, 2.5 bath. Open living space with large windows for natural light. Beautiful kitchen island with white farmhouse sink. Walk in pantry. TWO fireplaces located in the living room and on the back patio overlooking the pool. Laundry room located off of the primary bedroom closet for convenience. Three car garage. Spend your summer nights entertaining or relaxing in the spacious back yard with privacy fencing. This esquisit home has a Waxahachie address but is located in desirable MIDLOTHIAN ISD.

Investor Tools

Property Icon
$700,979
Estimated Property Value
$564,504Estimated Mortgage Balance
$136,475Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,206 /month
Positive
Cash Flow Estimate:
$1,402 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,003/month
$350/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,536
$700,979
2025
$145,000
$555,979
$700,979
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,536
$700,979

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$573,750
No
First
Jun 3, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$564,504
$136,475
19%
81%
$3,440/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.

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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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8040 Knapp Dr | Property Details | No Agent List