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.
| MLS # | 21300492 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| HOA Dues | $350 |
| Sub-Type | Resale |
| Status | Active |
| Year | 2022 |
| Days On Site | 144 |
| Listing Provided By | Legacy Realty Group | Leslie Majors |
| Bed(s) | 4 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 2,081 |
| Garage | 2 |
| Story(s) | 1 |
| Acreage | 0.15 |
| Room Count | 2 |
|---|---|
| Cooling | Central Air, Electric |
| Heating | Central, Electric |
| Interior Features | Cable TV Available, Decorative Lighting, Eat-in Kitchen, Kitchen Island |
| Appliances | Dishwasher, Electric Range, Microwave |
| Exterior Features | Covered Patio/Porch |
|---|---|
| Roof | Composition |
| Construction Materials | Brick |
| Foundation Details | Slab |
| Lot Features | Subdivision |
| Garage Yn | 1 |
|---|---|
| Attached Garage Yn | 1 |
| Parking Features | Driveway, Garage |
| Utilities | City Sewer, City Water |
|---|
| Unexempt Taxes | 7375 |
|---|---|
| Tax Lot | 52 |
| Tax Block | D |
| Tax Legal Description | LOT 52 BLK D SADDLEBROOK EST PH 2A 0.1515 AC |
| State | TX |
|---|---|
| County | Ellis |
| City | Waxahachie |
| Zip Code | 75165 |
| Area | Ellis |
| Community Name | Saddlebrook Estates Ph 2a |
| School District | Waxahachie ISD |
| Elementary School | Ray |
| High School | Waxahachie |
| Listing VS Median (in Saddlebrook Estates Ph 2a) | |
Price: $359,900 low | high Med: $337,450 sqft: 2,081 low | high Med: 1,923 $ / sqft: $173 low | high Med: $176 On site: 144 low | high Med: 84 | |
| State | TX |
|---|---|
| County | Ellis |
| City | Waxahachie |
| Zip Code | 75165 |
| Area | Ellis |
| Community Name | Saddlebrook Estates Ph 2a |
| School District | Waxahachie ISD |
| Elementary School | Ray |
| High School | Waxahachie |
| Listing VS Median (in Saddlebrook Estates Ph 2a) | |
Price: $359,900 low | high Med: $337,450 sqft: 2,081 low | high Med: 1,923 $ / sqft: $173 low | high Med: $176 On site: 144 low | high Med: 84 | |