279 Thoroughbred St, Waxahachie, TX 75165

$379,900
4
BD
3
BA
2,081
SqFt

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List Price
$379,900
MLS#
21300492
Status
ACTIVE
Type
Single Family Residential
Subtype
Residential
Style
Traditional, Detached
Year Built
2022
Construction Status
Preowned
Bedrooms
4
Full Baths
2
Half Baths
1
Acres
0.15
Living Area
2,081
County
Ellis
City
Waxahachie
Subdivision
Saddlebrook Estates Ph 2a
Number of Stories
1
Architecture Style
Traditional, Detached

Property 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.

Additional Information

Unexempt Taxes
$7,375
HOA Fees
$350
HOA Freq
SemiAnnually
Lot Size
6,621
Acres
0.15
Lot Description
Subdivision
Interior Features
Decorative Designer Lighting Fixtures, Eat-In Kitchen, Kitchen Island, Cable TV
Flooring
Vinyl
Foundation
Slab
Roof
Composition
Stories
1
Pool Features
None
Garage Spaces
2
Parking Garage
Driveway, Garage
School District
Waxahachie Isd
Elementary School
Ray
Middle School
Howard
High School
Waxahachie
Possession
SubjectToTenantRights

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Calculator source: Real Geeks

Listing courtesy of Leslie Majors from Legacy Realty Group. Contact: 972-905-6333