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Days67Days on Market
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$798,900

$814,900

8230 Palmer Lane, Waxahachie, TX, 75167

On MarketInfo
Price DropInfo
Beds4 Beds
Baths4 Bath
Baths3,803 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$210.07 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Wood

Exterior

Lot Size1.02 acres

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces3

Land Information

APN00.5880.007.002.00.108
Lot Number2
SubdivisionLegacy Estates Ph 2
Land UseResidential
Legal DescriptionLOT 2 BLK 7 LEGACY ESTATES PH 2 1.022 AC
Census Tract060211
Assessed Land Value$145,000
Assessed Improvement Value$640,416
Assessment Year2025

About this property

Price Reduction! Don't Miss this Incredible Opportunity to own a beautifully designed 2020-Built Home situated on One Full Acre of land and completely fenced. The standout features include a one-of-a-kind Game Room with custom cabinetry and dedicated theater room, creating the ultimate setup for family fun, movie nights and entertaining family and friends. Overhead Movie Projector to Remain. This stunning modern home offers 3803 SF of thoughtfully designed living space. Located in a highly sought-after, well-established neighborhood and in the highly acclaimed MIDLOTHIAN ISD. A 3-car garage provides ample parking and storage space. The family room serves as the heart of the home featuring a soaring high beamed ceiling. The kitchen is a true showpiece, complete with a gas cooktop, an oversized walk-in pantry, a convenient butler's pantry, undercabinet lighting and prewiring for elegant pendant fixtures--ideal for both everyday living and entertaining. Practical spaces including a mud room and a generously sized utility room with built-in cabinetry. The primary suite is a luxurious retreat, highlighted by a huge bathroom with separate vanities, abundant cabinet space and a large walk-in shower. Secondary bedrooms are large connected by a Jack and Jill Bathroom. Guest bedroom features bathroom with shower--perfect for visitors. Custom, high quality plantation shutters allow for optimal light control and privacy. Outdoor living is just as inviting with a huge covered patio with gas line for grill and television, ideal for gatherings complemented by an additional open patio area that offers even more space to relax and enjoy. The expansive backyard offers plenty of space for a Pool, Outdoor Kitchen and to create your own Private Oasis. Why wait to build when you can move into a newer home with upgrades today? Take Advantage of the price reduction and schedule a showing today!

Investor Tools

$446,821Estimated Mortgage Balance
$360,179Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,842 /month
Positive
Cash Flow Estimate:
$1,614 /month

Interested in this property?

Elena Ripple

Asset Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$336/month
$330/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$785,416
2025
$145,000
$640,416
$785,416
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$785,416

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Va
$496,920
Yes
First
Mar 30, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$446,821
$360,179
44%
55%
$2,980/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$3,310/mo
$-120/mo
4.7%

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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8230 Palmer Lane | Property Details | No Agent List