1202 Panorama Loop
About This Property
There is something special about having nearly an acre to call your own. This 3Bed 2Bath home offers the perfect blend of right now comfort and down the road potential. As Waxahachie continues to grow and flourish, properties with this much land are true hidden gems. The home itself is warm and welcoming, offering a solid layout that's just waiting for a family to bring their modern vision to life. Whether you're dreaming of a massive playset, a sparkling pool, or just a quiet place to watch the Texas sunset without a neighbor's fence in your view, this lot delivers. Come see why so many families are choosing the charm and character of Waxahachie, this is the perfect spot to plant your roots and build equity for years to come.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 6, 2026 | In contract | - | |
| In contract | |||
| Jan 29, 2026 | Price Decreased |
$324,999
↓ $15K
(4.4%) | |
| Price Decreased | |||
| Dec 23, 2025 | Listed by Bison Creek Real Estate, LLC | $340,000 | |
| Listed by Bison Creek Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017