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131 Elder Street
About This Property
Welcome to 131 Elder! This 3-bedroom, 1-bath home is updated from top to bottom and sits on a lot with plenty of room to spread out.
Inside, vinyl flooring runs throughout, and crisp 4 inch shaker baseboards and trim add a custom touch. The kitchen features brand-new stainless steel appliances, granite countertops, and a tiled backsplash. Every bedroom has soaring 12-foot ceilings, and the huge closets mean no more storage headaches. The bathroom has a tiled shower with a shower panel.
Outside, relax on the inviting front porch or head to the huge backyard, with plenty of room for entertaining, pets, or play. Two sheds give you extra storage or workshop space.
Close to Waxahachie's historic downtown, shopping, and dining, with easy access to I-35E. Schedule your showing today!
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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 |
|---|---|---|---|
| Oct 1, 2026 | Listed by All City | $219,900 | |
| Listed by All City | |||
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About Waxahachie
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017