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$299,999

221 Highland Ave, Waxahachie, TX, 75165

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,047 Sq Ft
DuplexDuplex
price_per_sqft$146.56 / sqft
Year BuiltBuilt in 1984

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
AppliancesDryer, Dishwasher, Electric Range, Microwave, Refrigerator
FlooringLaminate

Exterior

Lot Size12,894 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.9335.017.007.02.112
Lot Number7B
SubdivisionWest End-Rev
Land UseResidential
Legal DescriptionLOT 7B BLK 17 WEST END-REV .296 AC
Census Tract060500
Assessed Land Value$70,000
Assessed Improvement Value$219,850
Assessment Year2025

About this property

Well-maintained single-story duplex in Waxahachie offering an excellent opportunity for investors or owner-occupants. Each unit features a practical one-level floor plan with comfortable living spaces and a brick exterior. Each unit includes its own covered back porch, fenced yard, and detached one-car garage, providing private outdoor space and convenient parking. The back door and porch areas are covered for added functionality. Located within Waxahachie ISD with convenient access to nearby schools, shopping, dining, and downtown Waxahachie. Both units are currently unoccupied, offering flexibility for an investor to place tenants or an owner-occupant to utilize one unit while leasing the other. Each unit is estimated to lease at approximately $1,475 per month, for potential combined gross rental income of approximately $2,950 per month. Seller is a licensed real estate agent. Survey and other property documents are available in TransactionDesk. Buyer and buyer’s agent to verify all information, measurements, schools, zoning, rental rates, and other property details.

Investor Tools

$108,432Estimated Mortgage Balance
$210,568Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,914 /month
Positive
Cash Flow Estimate:
$638 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,948
$289,850
2025
$70,000
$219,850
$289,850
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,948
$289,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community National Bank & Trust Of Texas
Purchase Money Mortgage
$128,000
No
First
Feb 1, 2019
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$108,432
$210,568
66%
34%
$768/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$768/mo
+$1,204/mo
7.4%

City: Waxahachie