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Beds26
Baths2
Sq.Ft.19,504
Year2021
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Status:
Active
Property Type:Multiple Single Units
MLS #:20497821
Sq. Feet:19,504
On Site:67 Days
Lot Size:1.07 Acres
County:Ellis
SPRING CREEK VILLAS.....OPPORTUNITY TO BUY LUXURY APARTMENTS IN BOOMING AREA OF WAXAHACHIE. ENJOY WALKING DISTANCE TO DOWNTOWN! GREAT INVESTMENT PROPERTY WITH 18 UNITS. BUILDINGS COMPLETED IN 2022. Located close to shopping, spas, art, weekend events and great restaurants! All appliances including washer and dryer. Contemporary open floor plan with huge kitchen island and so much natural lighting. The kitchen and bathroom have custom cabinetry and many upgraded amenities. Tall ceilings and huge windows! Gated assigned parking and beautiful landscaping. Pool with cabana and outdoor cooking area. Access to Waxahachie Creek Hike and Bike Trail.
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Price Change History
| Date | Old Price | New Price | Percent Change |
| 1/15/2024 | $5,656,500 | $4,800,000 | -15.1% |
Community Information
Address:408 Dr Martin Luther King Jr, Waxahachie, TX 75165
County:Ellis
City:Waxahachie
Subdivision:Crescent Crk Villas
Zip Code:75165
Condo Project:Spring Creek Villas
School Information
School:Waxahachie ISD
High School:Waxahachie
Junior High School:Evelyn Love Coleman
Elementary School:Marvin
Architecture
Bedrooms:
26
Bathrooms:
2
Year Built:2021
Stories:2
Construction Materials: Brick
Roof: Composition
Foundation Details: Slab
Parking Features: Assigned
Features / Amenities
Interior Features: Cable TV Available, Decorative Lighting, Granite Counters, Kitchen Island, Open Floorplan, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Flooring: Ceramic Tile, Luxury Vinyl Plank
Pool Features: Fenced, Gunite, In Ground, Water Feature
Exterior Features: Balcony, Covered Patio/Porch, Lighting, Outdoor Grill, Private Entrance
Security Features: Fire Sprinkler System, Security Gate
Patio and Porch: Covered
Heating: Electric
Cooling: Central Air
Property Features
Lot Size:
1.07 Acres
Lot Dimensions:1 to < 3 Acres
Lot Features: Few Trees, Interior Lot, Landscaped, Sprinkler System
Waterfront: No
Utilities: City Sewer, City Water, Community Mailbox, Curbs, Sidewalk
Utilities: City Sewer, City Water, Community Mailbox, Curbs, Sidewalk
Fencing: Metal
Directions:I35...EXIT 287 BUSINESS...GO PAST DOWNTOWN SQUARE...PROPERTY IS ON THE RIGHT
Tax and Financial Info
Listing Terms: 1031 Exchange, Cash, Conventional
Unexempt Taxes: $59,711
Capitalization Rate: 4.49
Gross Annual Expenses: $159,492
Gross Annual Income: $375,192
Insurance Expense: $27,000
Tenancy: No Smoking, No Sublease, Over 9 Months, Pet Restrictions, Pets Allowed, Written Application Only
Listing Agent/Office
Listing provided courtesy of Irma Monkres, CENTURY 21 Judge Fite Co. (972-938-3636).Schools
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408 Dr Martin Luther King Jr Waxahachie, TX 75165
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Schedule a showing to view this multiple single units for sale in the Crescent Crk Villas Subdivision in Waxahachie, TX 75165 today!
Located at 408 Dr Martin Luther King Jr in Waxahachie, TX 75165 in Ellis County.
Asking Price $4,800,000
Square Feet: 19504
Lot Size: 1.07 acres
Bedrooms: 26
Bathrooms: 2
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Information is deemed reliable, but is not guaranteed accurate by the MLS or NTREIS. The information being provided is for the consumer's personal, non-commercial use, and may not be reproduced, redistributed or used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than My Texas Home Resource are marked with the NTREIS IDX logo and information about them includes the name of the listing brokerage.NTREIS data last updated February 24, 2024.
