About 279 Thoroughbred Street
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.
Features of 279 Thoroughbred Street
| MLS® # | 21300492 |
|---|---|
| Price | $369,900 |
| Bedrooms | 4 |
| Bathrooms | 2.10 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 2,081 |
| Acres | 0.15 |
| Year Built | 2022 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Style | Traditional |
| Status | Active |
Community Information
| Address | 279 Thoroughbred Street |
|---|---|
| Subdivision | Saddlebrook Estates Ph 2a |
| City | Waxahachie |
| County | Ellis |
| State | TX |
| Zip Code | 75165-7544 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| # of Garages | 2 |
| Garages | Driveway, Garage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Cable TV Available, Decorative Lighting, Eat-in Kitchen, Kitchen Island |
|---|---|
| Heating | Central, Electric |
| Fireplace | No |
Exterior
| Exterior Features | Covered Porch(es) |
|---|---|
| Lot Description | Subdivision |
| Roof | Composition |
| Construction | Brick |
| Foundation | Slab |
School Information
| District | Waxahachie ISD |
|---|---|
| Elementary | Ray |
| High | Waxahachie |
Financial Information
| HOA | Mandatory |
|---|---|
| HOA Fees | $350 |
| HOA Fees Frequency | Semi-Annual |
| HOA Includes | Management Fees |
| Tax Unexempt | $7,375 |
Listing Details
| Agent | Leslie Majors |
|---|---|
| Office | Legacy Realty Group |
| Contact Info | 972-905-6333 |
