








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Waxahachie at 1301 Azalea Ln, Waxahachie, TX, 75165 generates $2,310/mo in rent, after a $1,647/mo payment. Total monthly income is $2,310/mo. Return on cash invested sits at 19.02% in year one, and rental yield is 8.24% on a $336,455 entry. Equity gained on principal adds $2,171/yr, while 5% annual appreciation builds toward $92,956 over five years. Five-year ROI reaches 99.31% and total cumulative return in cash sums $110,769. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,310/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75165, Waxahachie, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 21,815 (100%) |
| Owner Occupied HU | 14,366 (65.9%) |
| Renter Occupied HU | 6,168 (28.3%) |
| Vacant Housing Units | 1,281 ( 5.9%) |
| Median Home Value | $351,258 |
| Average Home Value | $396,397 |
Residential
21,540
Single Family
18,284
Multi-Family
3,256
Businesses
1,381
Date | Event | Price |
|---|---|---|
| 2025-08-29 | Price change | $336,455 |
| 2025-08-12 | Price change | $343,500 |
| 2025-07-20 | Listed for sale | $349,990 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-11 | $3951.99 | 821.15% | $260,412 | 32.25% |
| 2023-10-11 | $429.03 | -50.85% | $196,907 | 10.00% |
| 2022-10-11 | $872.91 | N/A | $179,006 | 10.00% |



Listed by: Jason Baker • Local Pro Realty LLC
Mls Name: NTREIS
Mls ID: #20992774
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.