Price Reduction
Address
279 Thoroughbred Street, Waxahachie, TX
Price
$ 359,900
Property Attributes
- MLS#21300492
- TypeSingle Family
- Listing Status Active
- CountyELLIS
- CityWaxahachie
- NeighborhoodSaddlebrook Estates Ph 2a
- Zip75165
- StyleTraditional
- Year Built2022
- Taxes$ 7375
- Price$ 359,900
- Bedrooms4
- Full Bathrooms2
- Half Bathrooms1
- Sqr Footage2081
- Lot Size0.152 Acres
Data Source:
North Texas Real Estate Info Systems (NTREIS)
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.
| Elementary School |
|---|
| Ray Elementary School |
| Price History | |
|---|---|
| 6/13/2026 | Listed $379,900 |
| 8/9/2026 | 3$369,900 |
| 9/3/2026 | 3$359,900 |
General Features
| Heating | Central,Electric |
|---|---|
| Cooling | Central Air,Electric |
| Utilities | City Sewer,City Water |
| Possession | Subject to Lease |
| Roof | Composition |
| Appliances | Dishwasher,Electric Range,Microwave |
| Assoc Fees | 350 |
| Number of Garage Spaces | 2 |
| School District | Waxahachie ISD |
| HOA Fee Includes | Management Fees |
| Year Built | 2022 |
| Architectural Style | Traditional |
| Levels | One |
| Unexempt Taxes | 7375 |
| Will Subdivide | No |
| Property Subtype | Single Family Residence |
| Subdivision Name | Saddlebrook Estates Ph 2a |
| Transaction Type | For Sale |
| Occupant Type | Tenant |
| County | Ellis |
| Property Type | Residential |
| Construction Materials | Brick |
| Association Fee Frequency | Semi-Annual |
| Year Built Details | Preowned |
| HOA Type | Mandatory |
| Full Baths | 2 |
| Status | Active |
| Directions | From Hwy 287 South,Left into Saddle brook estates. Use GPS to navigate to the home. |
| City | Waxahachie |
| Elementary School Name | Ray |
| High School | Waxahachie |
| Elementary School | Ray |
| Virtual Tour URL Unbranded | https://www.propertypanorama.com/instaview/ntreis/21300492 |
| Standard Status | Active |
| Junior High School | Howard |
Interior Features
| Interior Features | Cable TV Available,Decorative Lighting,Eat-in Kitchen,Kitchen Island |
|---|---|
| Flooring | Luxury Vinyl Plank |
| Dining Areas | 1 |
| Living Areas | 1 |
| Room Count | 2 |
| Half Baths | 1 |
| Lock Box Type | Supra |
| Total Bedrooms | 4 |
| Total Baths | 3 |
| Laundry Features | Utility Room |
Exterior Features
| Exterior Features | Covered Patio/Porch |
|---|---|
| Lot Features | Subdivision |
| Fencing | Wood |
| Parking Features | Driveway,Garage |
| Lot Size | Less Than .5 Acre (not Zero) |
| Covered Spaces | 2 |
| Foundation | Slab |
| Lot Size Area | 0.1520 |
| Lot Size Units | Acres |
| Structural Style | Single Detached |
| Garage Y/N | Yes |
| Lot Size Square Feet | 6621.1200 |
| Lot Size Acres | 0.1520 |
| Attached Garage Y/N | Yes |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Single Family Average in 75165
Price
Taxes
Year Built
Visits
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