$249,999
203 Farrar Rd, Waxahachie, TX, 75165
$324,999 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh Equity
Highlights
Interior
Exterior
Lot Size5.59 acres
Building Information
Year Built1980
Stories1
Roof Type105
Garage Spaces2
Land Information
APN99.1117.000.018.00.110
SubdivisionG R Wheelock
Land UseResidential
Legal Description1117 G R WHEELOCK 5.586 ACRES
Census Tract060217
Assessment Year2025
About this property
This property provides the opportunity to bring your renovation ideas and add new life to this home sitting on 1.5 Acres within Palmer ISD. Conveniently located just a few minutes into Waxahachie and I-35 or I-45 for quick access into DFW yet far enough from the city to enjoy country living and space from your neighbors! Home will need significant repairs. Adjoining lots also available for purchase if desired.
Investor Tools
$0Estimated Mortgage Balance
$397,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$324,999
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,382 /month
Positive
Cash Flow Estimate:
$794 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$225/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$718
$321,850
2025
N/A
N/A
$463,502
No
Tax History
Year
Tax Paid
Assessed Value
2024
$718
$321,850
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$397,000
100%
0%
$0/mo
