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1012 E Jefferson St, Waxahachie, TX, 75165

2beds
1baths
1,242sqft
$152,000
$122price/sqft
$1,254/moest. monthly cost
$50,160/yrincome needed

About This Home

Prime Investment Opportunity in Rapidly Growing Waxahachie! Calling all investors, builders, and visionaries—this is the project you’ve been looking for. Situated on a versatile 5,000+ square foot lot. This property offers incredible upside potential in the heart of one of Ellis County’s most dynamic markets. With Waxahachie experiencing continuous economic expansion and high housing demand, this location is perfectly positioned for a profitable return on investment. Whether your strategy involves a heavy renovation of the existing 1955-built structure or clearing the lot for a profitable ground-up new build, this site provides a fantastic blank canvas. The current footprint offers a starting point for a strategic fix-and-flip or a buy-and-hold rental property, while builders can take advantage of the established neighborhood setting to introduce a modern new-construction home. Future buyers or builders will love the central location, situated just minutes away from the charming boutiques, dining, and entertainment of historic downtown Waxahachie, with convenient highway access for an easy commute into the broader metroplex. Capitalize on the upward trajectory of the Waxahachie real estate market. Properties with this level of flexibility don't last long. Bring your contractor, your architect, and your vision to unlock the true value of this property.

Getting Around

27
WalkingCar-Dependent
0
TransitVery Limited Transit
29
BikeSomewhat Bikeable

Schools

5/10
Waxahachie High SchoolGrades 9-124.8 mi

Construction

Condition

  • Year built: 1955

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Board & Batten Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Range

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Cooling

  • Cooling features: Window Unit(s)

Dining Room

  • Level: First
  • Dimensions: 1 x 1

Features

  • Eat-in Kitchen
  • Flooring: Vinyl

Interior Area

  • Total interior livable area: 1,242 sqft

Living Room

  • Level: First
  • Dimensions: 1 x 1

Master Bedroom

  • Level: First
  • Dimensions: 1 x 1

Property

Details

  • Parcel number: 262054

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Wood

Lot

  • Lot size: 5,009 sqft

Parking

  • Parking features: None,Open
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveRelatively High
  • Hail
    HailRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate
  • Tornado
    TornadoModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Hail
Heat Wave
Inland Flooding
Lightning
Tornado
Winter Weather

FEMA Declared Disasters Across Texas Counties

Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $768$9,216
Home Insurance *$91$1,092
Property Taxes $157$1,884
Electricity $238$2,859
Total$1,254$15,048
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,994/yr
40% on housing$37,620/yr
45% on housing$33,440/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 5.6%
5.6%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 1.9%
1.9%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$122This listing

vs Other Active Listings

Avg $/sqft

ZIP 75165$169
Ellis County$196

vs Homes Sold Last Month

Median $/sqft

ZIP 75165$178
Ellis County$182

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-07-18Listed for sale$152,000

For Sale by Agent

AgentJohnnell Worthen
BrokerageDHS Realty

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