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$293,000

149 Driftwood Ln, Waxahachie, TX, 75165

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,573 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.27 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringLuxury Vinyl Plank, Tile

Exterior

Exterior FeaturesGarden, Lighting, Private Yard, Rain Gutters, Storage
Lot Size16,557 sqft

Building Information

Year Built1987
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.7927.010.020.00.112
Lot Number19
SubdivisionRiver Oaks #2
Land UseResidential
Legal DescriptionLOT 19 BLK 10 RIVER OAKS #2 0.251 AC
Census Tract060300
Assessed Land Value$100,000
Assessed Improvement Value$182,226
Assessment Year2026

About this property

**OPEN HOUSE SATURDAY, NOV. 7, 11:30 TO 1:30** Tucked on the outside of a quiet cul-de-sac in River Oaks #2, this well-cared-for home sits on a .38-acre lot with one of the biggest yards on the street. A park, the Waxahachie Police Department, and the sports complex are all close by, and historic downtown, shopping, and Hwy 287 are only minutes away. The backyard is the real showpiece. It is roomy and fully fenced, with new fencing on every side but the very back and a concrete base all the way around. You will find a covered patio, a playhouse, and a 16x20 storage building with electricity. Brick-bordered flower beds wrap the whole house, with azaleas out front and French drains that carry water away from the house and the yard. Inside, the walls and floors have been updated through the years, and all of the flooring has been replaced. The primary bath has been freshened up, including a tastefully done shower. The refrigerator stays, and the range, microwave, and dishwasher are all newer (2023 to 2025). There is also a laundry room, a pantry, a fireplace, pocket doors, and good closets with built-in shelving. The big expenses are already handled. The roof, gutters, garage door, and window screens were all replaced in June 2025, and the impact-resistant shingles can help lower homeowners insurance. The water heater is from 2018, the AC has had yearly checkups, and there is extra insulation in the attic, a solar-powered attic fan, and a transferable lifetime foundation warranty from pier work in 2005. Attached two-car garage, city water and sewer, no HOA, Waxahachie ISD.

Investor Tools

$0Estimated Mortgage Balance
$288,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,758 /month
Positive
Cash Flow Estimate:
$586 /month

Interested in this property?

Shawna Cunningham

Keller Williams Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$263/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,717
$282,226
2026
$100,000
$182,226
$282,226
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,717
$282,226

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$288,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,170/mo
N/A
+$2,170/mo
9.0%

City: Waxahachie

149 Driftwood Ln | Property Details | No Agent List