








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 715 E University Ave, Waxahachie, TX, 75165 priced at $280,000 converts $2,699/mo rent into $708/mo cash flow after a $1,370/mo obligation. Total monthly income equals $2,699/mo, and annual cash flow totals $8,500/yr on $92,820 invested. Return on cash invested prints 29.07% in year one, and rental yield reads 11.57% against a $280,000 entry. Equity gained on principal adds $1,807/yr, while 5% annual appreciation compiles into $77,359 by year five. Five-year ROI reaches 153.17% and total cumulative return in cash sums $142,173. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,699/mo property income covering a $1,370/mo payment, not borrower’s personal income.
Single Family
Built in 1996
10,585 sqft 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 |
|---|---|---|
| 2025-05-25 | Listed for sale | $280,000 |
| 2020-08-21 | Sold | N/A |
| 2020-08-02 | Pending sale | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-26 | $4483.34 | 12.30% | $279,017 | 10.00% |
| 2023-05-26 | $3992.19 | -14.12% | $253,652 | 10.00% |
| 2022-05-26 | $4648.30 | N/A | $230,593 | 10.00% |



Listed by: Greg Pickett • Gemstone Realty
Mls Name: NTREIS
Mls ID: #20945900
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.