279 Thoroughbred Street
Waxahachie, TX 75165
Listing courtesy of Leslie Majors, Legacy Realty Group
About this home
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.
Schools
- Elementary
- Ray
- Middle
- Howard
- High
- Waxahachie
School assignments per NTREIS. Confirm current attendance zones with the district before relying on them.
Property details
- MLS #
- 21300492
- Property Type
- Residential
- Status
- Active
- County
- Ellis
- Subdivision
- Saddlebrook Estates Ph 2a
- Lot Size
- 6,621.12 sqft
- Garage
- 2-car
- HOA Dues
- $350/6 mo
- Annual Taxes
- $7,375
- Days on Market
- 7 days
- Listed
- Jun 12, 2026
- Price per Sqft
- $183
Estimate your monthly payment
Estimate only, not a loan offer. Taxes, insurance, and HOA are approximate.
- Principal & interest
- $2,022
- Property taxes
- $615
- Homeowner's insurance (est.)
- $111
- HOA dues
- $58
Based on a 30-year fixed loan. Talk to a lender for an accurate quote.
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