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$454,000

818 Amherst Dr, Waxahachie, TX, 75165

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$180.75 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Microwave, Double Oven, Refrigerator
FlooringCeramic Tile, Wood

Exterior

Exterior FeaturesPrivate Yard
Lot Size10,450 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces3

Land Information

APN90.4181.902.009.00.112
SubdivisionFranmarkay Terrace
Land UseResidential
Legal Description9 B FRANMARKAY TERRACE
Census Tract060601
Assessed Land Value$77,000
Assessed Improvement Value$325,291
Assessment Year2025

About this property

Welcome to this stunning, immaculately maintained home, boasting not only beauty, but a location that can't be beat. Whether you are looking to entertain, or relax, you will find it all in this property. Enjoy a cool evening on the covered side porch, with plenty of room for a cozy, outdoor living space. With over 2500 square feet, this spacious floor plan lends itself to ample storage, built in custom cabinets and charming touches everywhere you turn. Spoil yourself with a luxurious primary suite featuring an amazing walk-in closet. The kitchen is not only gorgeous, but a chef's dream stocked with a double oven, ton of cabinets, and plenty of counter space. Parking will never be an issue when you have a charming, circle drive, along with a side entry garage, and an additional gated parking area. The garage contains a 24x10 climate controlled storage room. Within minutes, you can hop on HWY 77 for a wide variety of restaurant and retail options. I-35 and HWY 287 are also easily accessible. Do not miss out on this opportunity for convenience wonderfully paired with fabulous attention to detail, both inside and out.

Investor Tools

Property Icon
$454,000
Estimated Property Value
$60,000Estimated Mortgage Balance
$395,969Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,789 /month
Positive
Cash Flow Estimate:
$930 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$764/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,901
$402,291
2025
$77,000
$325,291
$402,291
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,901
$402,291

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Citizens National Bank Of Texas
Stand Alone Second / Subordinate Position
$60,000
No
First
Jul 30, 2024
Aug 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,031
$395,969
87%
13%
$360/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$360/mo
+$2,212/mo
6.8%

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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