$365,000
513 Clearlake Drive, Waxahachie, TX, 75165
$402,031 ARV
On Market
Just Added
Property Lead Type:
High Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave
Exterior
Lot Size8,276 sqft
Building Information
Year Built2020
Stories2
Roof Type105
Garage Spaces2
Land Information
APN90.2890.904.001.00.112
Lot Number1
SubdivisionCamden Park Ph 1 Addn
Land UseResidential
Legal DescriptionLOT 1 BLK D CAMDEN PARK PH 1 ADDN 0.19 AC
Census Tract060400
Assessed Land Value$66,000
Assessed Improvement Value$302,000
Assessment Year2025
About this property
4 bedrooms and 2.5 baths. The first floor features a study, living room, kitchen with center island and breakfast area. Upstairs includes four bedrooms and a game room, providing flexible living space. The kitchen offers ample cabinetry and counter space with an island and breakfast bar. Tile flooring is featured in select main living areas. The fenced backyard provides outdoor space with covered patio, while the attached two-car garage offers parking and storage. Walking distance to spring fed lake.
Investor Tools
$218,664Estimated Mortgage Balance
$120,336Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$402,030
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$547/month
$420/month
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,872
$325,441
2025
$66,000
$302,000
$368,000
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,872
$325,441
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Conventional
$239,000
No
First
Mar 2, 2022
Apr 2037
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$218,664
$120,336
35%
65%
$1,433/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,572/mo
$1,853/mo
+$719/mo
9.1%
