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$355,000

401 Fm 55, Waxahachie, TX, 75165

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,423 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$249.47 / sqft
Year BuiltBuilt in 1975

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 Cooktop, Electric Range, Microwave
FlooringLuxury Vinyl Plank, Tile

Exterior

Exterior FeaturesBarbecue, Outdoor Grill, Outdoor Kitchen, Rain Gutters
Lot Size1 acre

Building Information

Year Built1975
Stories1
Roof Type105
Garage Spaces2

Land Information

APN00.2414.903.003.00.112
Lot Number3
SubdivisionBarclay Acres Ph 2
Land UseResidential
Legal DescriptionLOT 3 BLK C BARCLAY ACRES PH 2 1.0 AC
Census Tract061100
Assessed Land Value$140,000
Assessed Improvement Value$182,917
Assessment Year2025

About this property

Enjoy the space and slower pace of country living while staying just minutes from historic Downtown Waxahachie. Situated on a fully fenced one-acre lot with an electric gated entry, this refreshed 4-bedroom, 1.5-bath home offers a flexible floor plan with plenty of room to enjoy both indoors and out. Fresh paint and all-new flooring throughout create a bright, cohesive feel from room to room. The kitchen features newly installed countertops, painted cabinetry, black hardware, and an open connection to the main living area. Four bedrooms provide versatile living options, with one oversized bedroom offering plenty of space to also function as a second living area, game room, home office, or media room. Outside is where this property really shines. The expansive covered patio features a wood-plank ceiling, ceiling fan, lighting, bar seating, smoker, built-in grill, and mini refrigerator, creating an inviting outdoor kitchen and entertaining space. Mature trees, a firepit area, expansive lawn, a long gated driveway, covered parking near the home, and additional covered parking at the rear of the property provide space for vehicles, trailers, recreational equipment, and storage. Enjoy the freedom of one-acre living with convenient access to Waxahachie shopping, dining, and everyday amenities. Buyer and buyer’s agent to verify schools, square footage, measurements, and property information.

Investor Tools

$148,472Estimated Mortgage Balance
$193,528Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,232
$247,482
2025
$140,000
$182,917
$322,917
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,232
$247,482

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Financial Bank A Texas Banking Ass
Credit Line (Revolving) / Heloc
$150,000
No
First
Mar 23, 2026
Mar 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$148,472
$193,528
56%
43%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$900/mo
+$1,072/mo
6.9%

City: Waxahachie

401 Fm 55 | Property Details | No Agent List