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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 1311 Greathouse Rd, Waxahachie, TX, 75167 priced at $619,000 converts $2,900/mo rent into after a $3,030/mo obligation. Total monthly income equals $2,900/mo. Return on cash invested prints 11.21% in year one, and rental yield reads 5.62% against a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation compiles into $171,018 by year five. Five-year ROI reaches 57.37% and total cumulative return in cash sums $116,833. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,900/mo property income covering a $3,030/mo payment, not borrower’s personal income.
Single Family
Built in 1991
9.69 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 75167, Waxahachie, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,713 (100%) |
| Owner Occupied HU | 4,885 (85.5%) |
| Renter Occupied HU | 650 (11.4%) |
| Vacant Housing Units | 178 ( 3.1%) |
| Median Home Value | $474,412 |
| Average Home Value | $517,500 |
Residential
5,440
Single Family
5,430
Multi-Family
10
Businesses
120
Date | Event | Price |
|---|---|---|
| 2025-01-25 | Price change | $619,000 |
| 2024-11-20 | Price change | $634,000 |
| 2024-10-07 | Listed for sale | $649,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $370,008 | 10.00% |
| 2023-02-13 | $3552.21 | -15.00% | $336,371 | 10.00% |
| 2022-02-13 | $4178.88 | N/A | $305,792 | 10.00% |
Listed by: Janie Hendrix • City Real Estate
Mls Name: NTREIS
Mls ID: #20742063
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.
