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$1,175,000

651 Bandera Drive, Waxahachie, TX, 75167

Under ContractInfo
Beds6 Beds
Baths4 Bath
Baths5,888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.56 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop, Gas Water Heater, Microwave, Double Oven, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Private Yard
Lot Size1.70 acres

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces5

Land Information

APN00.5880.007.005.00.108
Lot Number5
SubdivisionLegacy Estates Ph 2
Land UseResidential
Legal DescriptionLOT 5 BLK 7 LEGACY ESTATES PH 2 1.698 AC
Census Tract060211
Assessed Land Value$187,000
Assessed Improvement Value$996,642
Assessment Year2025

About this property

Welcome to 651 Bandera Dr., a custom estate crafted in 2020 by John Houston Homes, perfectly positioned on 1.698 pristine acres in the highly coveted Midlothian ISD. Offering a rare blend of architectural sophistication, resort-style entertaining, and true privacy, this 4-bedroom, 3.5-bath sanctuary redefines modern luxury living. Step inside to an expansive, open-concept floor plan where the kitchen, sunlit breakfast nook, and inviting living room flow seamlessly together. A custom built-in fish tank serves as a striking focal point between the daily living spaces and the dedicated dining room. A wine cellar, framed by dramatic black iron-and-glass doors, adds a refined architectural statement just off the dining space. The layout thoughtfully includes a private executive office, a dedicated home gym, and a state-of-the-art 4D media room featuring motion-vibrating theater seating with integrated charging tables. Host unforgettable gatherings in the massive arcade game room, fully equipped for classic pinball, air hockey, and racing simulators. Car enthusiasts and hobbyists will marvel at the dual two-car garages accommodating 4 vehicles. Complete with luxury car lifts, modern geometric ceiling lighting, premium built-in storage lockers, integrated car-wash hoses, and a built-in shop vac system, this space is a true dream. Even four-legged family members get a five-star setup, with a dedicated, fully air-conditioned shed and attached dog run to beat the Texas heat. The sprawling lot offers a blank canvas to design your dream resort-style pool and outdoor oasis, all while enjoying the peace of acreage living just 30 minutes from Downtown Dallas. Experience the perfect harmony of scale, luxury, and unmatched entertainment amenities.

Investor Tools

$654,110Estimated Mortgage Balance
$469,909Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$7,050 /month
Positive
Cash Flow Estimate:
$2,350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$472/month
$335/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$48
$1,124,019
2025
$187,000
$996,642
$1,183,642
No

Tax History

Year
Tax Paid
Assessed Value
2024
$48
$1,124,019

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Trinity Oaks Mortgage Llc
Va
$736,254
Yes
First
Dec 30, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$654,110
$469,909
41%
58%
$4,415/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$3,190/mo
$4,750/mo
$-1,560/mo
3.4%

City: Waxahachie