$359,900
 $2,043 est/mo Sourced by Back At You

279 Thoroughbred Street,Waxahachie, TX 75165

Waxahachie, TX 75165

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Description

Immediate rental income. Long-term upside. This tenant-occupied investment property is already producing income with a lease in place through March 2027, giving investors the opportunity to purchase a performing asset without the expense or uncertainty of finding a tenant. Located in one of Waxahachie's fastest-growing areas, this property offers the combination investors seek: stable cash flow today and long-term appreciation potential tomorrow. The home features a well-designed floor plan with spacious living areas, an open-concept kitchen, generously sized bedrooms, and low-maintenance finishes that continue to appeal to today's rental market. Situated in an established neighborhood with convenient access to schools, shopping, dining, and major commuter routes, the location supports long-term tenant demand while benefiting from Waxahachie's continued growth and development. Whether you're expanding your rental portfolio, completing a 1031 exchange, or purchasing your first investment property, this is a true turnkey opportunity with immediate income already in place.

Details

MLS #21300492
Listing TypeFor Sale
StyleHouse
HOA Dues$350
Sub-TypeResale
StatusActive
Year2022
Days On Site144
Listing Provided ByLegacy Realty Group | Leslie Majors

Features

Bed(s)4
Bath(s) 3 Total
SQ Feet2,081
Garage2
Story(s)1
Acreage0.15

Interior

Room Count2
CoolingCentral Air, Electric
HeatingCentral, Electric
Interior FeaturesCable TV Available, Decorative Lighting, Eat-in Kitchen, Kitchen Island
AppliancesDishwasher, Electric Range, Microwave

Exterior

Exterior FeaturesCovered Patio/Porch
RoofComposition
Construction MaterialsBrick
Foundation DetailsSlab
Lot FeaturesSubdivision

Parking

Garage Yn1
Attached Garage Yn1
Parking FeaturesDriveway, Garage

Utilities

UtilitiesCity Sewer, City Water

Taxes

Unexempt Taxes7375
Tax Lot52
Tax BlockD
Tax Legal DescriptionLOT 52 BLK D SADDLEBROOK EST PH 2A 0.1515 AC

Area Information

StateTX
CountyEllis
CityWaxahachie
Zip Code75165
AreaEllis
Community NameSaddlebrook Estates Ph 2a
School DistrictWaxahachie ISD
Elementary SchoolRay
High SchoolWaxahachie
Listing VS Median (in Saddlebrook Estates Ph 2a)
Price:
$359,900
low | high
Med:
$337,450
56.237843845513% of Average
sqft:
2,081
low | high
Med:
1,923
57.616530514176% of Average
$ / sqft:
$173
low | high
Med:
$176
48.373556146549% of Average
On site:
144
low | high
Med:
84
100% of Average
Sourced by Back At You

Market Activity 75165

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All information provided by the seller and is deemed to be correct, but is not guaranteed. Buyer to verify and satisfy themselves with all information listed including but not limited to lot size, room sizes and square footage.  Buyers are encouraged to have property inspected by inspector of their choice.  Price subject to change. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. You may not reproduce or redistribute this data—it is for viewing purposes only. This data is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS.

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Learn More About This Property

StateTX
CountyEllis
CityWaxahachie
Zip Code75165
AreaEllis
Community NameSaddlebrook Estates Ph 2a
School DistrictWaxahachie ISD
Elementary SchoolRay
High SchoolWaxahachie
Listing VS Median (in Saddlebrook Estates Ph 2a)
Price:
$359,900
low | high
Med:
$337,450
56.237843845513% of Average
sqft:
2,081
low | high
Med:
1,923
57.616530514176% of Average
$ / sqft:
$173
low | high
Med:
$176
48.373556146549% of Average
On site:
144
low | high
Med:
84
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $269K - $449K
sqft: 1,500 - 2,500
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Listing Updated: September 29, 2026 at 1:37:26 AM PDT