Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$299,000

506 Timber Dr, Waxahachie, TX, 75165

$309,274 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,880 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.04 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesElectric Range, Microwave
FlooringCarpet, Laminate

Exterior

Lot Size5,489 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN90.7929.901.074.00.112
Lot Number74
SubdivisionRiver Oaks #4
Land UseResidential
Legal DescriptionLOT 74 BLK A RIVER OAKS #4 .126 AC
Census Tract060300
Assessed Land Value$60,000
Assessed Improvement Value$222,246
Assessment Year2025

About this property

**Four bedrooms, two bathrooms, flexible living spaces, a great backyard, and a location that makes getting around easy!** Just off Hwy 287, this home puts you close to shopping, dining, everyday essentials, and offers convenient access to I-35. Walk through the front door and you’ll immediately find a spacious dining and living area with plenty of room to entertain, host friends and family, or create a space that fits your lifestyle. Down the hallway, the kitchen brings plenty of cabinet storage, stainless steel appliances, and a large island to the heart of the home. The kitchen opens to the main living room, where a brick fireplace adds the perfect cozy touch for relaxing nights at home. And there’s more flexibility around the corner! A second dining area sits just off the kitchen and living room, giving you options for everyday meals, entertaining, or whatever works best for you. With lots of windows throughout the home, natural light pours into the living spaces and keeps things feeling bright and welcoming. The primary bedroom offers a private ensuite bathroom, while three additional bedrooms give you plenty of space for guests, work-from-home needs, hobbies, or whatever your household needs. Outside, the fenced backyard gives you room to enjoy the outdoors, play, entertain, or let the dogs run. Add in the convenient location, four bedrooms, three bathrooms, multiple gathering spaces, and a layout with plenty of possibilities, and you’ve got a home worth putting on your must-see list! **Come take a look and see how you can make this one your own!**

Investor Tools

$180,205Estimated Mortgage Balance
$107,795Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$309,273
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Jeremy Norman

Keller Williams Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$455/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,022
$282,246
2025
$60,000
$222,246
$282,246
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,022
$282,246

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Southwest Funding Lp
Conventional
$203,250
No
First
Dec 28, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$180,205
$107,795
37%
63%
$1,219/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,972/mo
$1,219/mo
+$753/mo
8.2%

City: Waxahachie

506 Timber Dr | Property Details | No Agent List