








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 280 Thoroughbred St, Waxahachie, TX, 75165 priced at $325,500 converts $2,860/mo rent into $319/mo cash flow after a $1,593/mo obligation. Total monthly income equals $2,860/mo, and annual cash flow totals $3,828/yr on $107,903 invested. Return on cash invested prints 23.46% in year one, and rental yield reads 10.54% against a $325,500 entry. Equity gained on principal adds $2,100/yr, while 5% annual appreciation compiles into $89,930 by year five. Five-year ROI reaches 124.04% and total cumulative return in cash sums $133,838. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,860/mo property income covering a $1,593/mo payment, not borrower’s personal income.
Single Family
Built in 2022
6,621 sqft lot
$N/A/sqft
$670 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 |
|---|---|---|
| 2024-12-13 | Listed for sale | $325,500 |
| 2024-09-22 | Listing removed | $2,550 |
| 2024-09-22 | Price change | $2,550 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-13 | N/A | N/A | $317,840 | -5.81% |
| 2023-02-13 | $7449.40 | 413.45% | $337,456 | 718.08% |
| 2022-02-13 | $1450.85 | N/A | $41,250 | N/A |



Listed by: Felicia Frazier • JPAR Dallas
Mls Name: NTREIS
Mls ID: #20795153
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.