








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


Investment property for sale in Waxahachie at 1538 Owen Way, Waxahachie, TX, 75165 earns $471/mo cash flow from $2,604/mo rent with a $1,444/mo payment. Total monthly income totals $2,604/mo, and annual cash flow totals $5,653/yr on $97,793 capital. ROI tracks 25.69% on current figures, and rental yield reads 10.59% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 135.24% and total cumulative return in cash sums $132,254. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,604/mo property income instead of your personal income.
Single Family
Built in 2019
6,969 sqft lot
$N/A/sqft
$420 annually 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 |
|---|---|---|
| 2025-04-30 | Listed for sale | $295,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $4352.76 | 12.40% | $272,602 | 10.00% |
| 2023-04-30 | $3872.46 | -14.49% | $247,820 | 10.00% |
| 2022-04-30 | $4528.86 | N/A | $225,291 | 10.00% |



Listed by: Ashley Robinson • Orchard Brokerage, LLC
Mls Name: NTREIS
Mls ID: #20920325
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.