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$385,000

2228 Garnet Drive, Waxahachie, TX, 75167

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,217 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.66 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
AppliancesDishwasher, Electric Oven, Disposal, Gas Range, Microwave, Vented Exhaust Fan
FlooringLuxury Vinyl Plank

Exterior

Exterior FeaturesLighting, Private Yard
Lot Size10,019 sqft

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.7900.001.008.00.112
Lot Number8
SubdivisionRidge Crossing
Land UseReal Res Single-Family Imp
Legal DescriptionLOT 8 BLK 1 RIDGE CROSSING 0.23 AC
Census Tract060211
Assessed Land Value$70,000
Assessed Improvement Value$341,235
Assessment Year2025

About this property

This is your chance to own the popular Oleander floor plan below current builder pricing, with no build timeline to wait out and an upgrade you won't find in any new build here: a safe room built into the primary closet. Inside, 2,217 square feet of wide-open living makes a striking first impression, with upgraded wood floors and 8-foot doors opening straight through to the great room. The kitchen anchors the home with a full-function island, custom cabinetry, and stainless steel appliances. The owner's suite is a true retreat, featuring a private bath with dual sinks, a soaking tub, and an oversized walk-in closet that houses the safe room. Three additional bedrooms and a dedicated study sit in their own sections of the home, creating privacy and flexibility for guests, a home office, or a hobby space. Residents enjoy a community pickleball court and playground, with quick access to I-35E and US-287 for an easy commute across the Metroplex. Mid-Way Regional Airport, shopping, dining, and major medical and employment centers are close by, while downtown Waxahachie keeps small-town charm right at home.

Investor Tools

$357,075Estimated Mortgage Balance
$69,925Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,562 /month
Positive
Cash Flow Estimate:
$854 /month

Interested in this property?

Leslie Majors

Legacy Realty Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
$800/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$411,235
2025
$70,000
$341,235
$411,235
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$411,235

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Brookhollow Mortgage Services Ltd
Fha
$366,290
Yes
First
May 1, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$357,075
$69,925
16%
84%
$2,197/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$2,997/mo
+$193/mo
9.0%

City: Waxahachie

2228 Garnet Drive | Property Details | No Agent List