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408 Dr Martin Luther King Jr Blvd

Waxahachie, TX 75165
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1.07 Lot Acres
Multi-Family - 5 Plus

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Description

Rare Investment Opportunity. Spring Creek Villas is a contemporary 18-unit apartment community built in 2021, located just minutes from historic downtown Waxahachie. The apartment complex offers a compact, walkable neighborhood feel while being walking distance to shopping, dining, and entertainment in the downtown area! The 18 units are arranged in a modern design with 1 bedroom and 2 bedroom floor plans ranging from 876 sq ft to 1220 sq ft. Every unit comes completely outfitted with all major appliances, including washer and dryer. Fully gated perimeter with assigned resident parking spaces. Pool with private cabana and a dedicated outdoor grilling area. Direct access points to the popular Waxahachie Creek hike and bike trail. This property appeals to today’s renter profile seeking modern finishes.

MLS#
NTREIS-21416184
List Price
$3,850,000
Listing Status
For Sale
Address
408 Dr Martin Luther King Jr Blvd
City
Waxahachie
State
TX
Zip Code
75165
County
Ellis County
Subdivision
Crescent Crk Villas
Legal Description
LOT 1 BLK A CRESCENT CREEK VILLAS 1.071 AC
Property Type
Multi-Family - 5 Plus
Stories
2
Year Built
2021 /Appraisal District
Lot Size
1.07 Lot Acres/PUBREC
LP / Acre
$3,594,771 / Acre

Exterior

Roof
Composition
Foundation
Slab
Private Pool
Yes
Private Pool Desc
Fenced,Gunite
Exterior Type
Brick
Lot Description
Few Trees, Interior Lot, Landscaped, Sprinkler System
Parking
Additional Parking, Assigned, Concrete, Electric Gate, Guest, On Street, Parking Lot
Fencing
Metal
Porch
Covered
Utility
City Sewer,City Water,Curbs,Sidewalk
Exterior
Balcony, Courtyard, Covered Patio/Porch, Lighting, Outdoor Grill

Interior

Floors
Ceramic Tile, Luxury Vinyl Plank
Cooling
Central Air, Electric
Heating
Central, Electric
Window
Window Coverings
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator
Security System
Fire Sprinkler System,Gated Community,Security Gate,Smoke Detector(s)
Interior
Cable TV Available, Decorative Lighting, Granite Counters, High Speed Internet Available, Kitchen Island, Open Floorplan, Walk-In Closet(s)

Lot Information

Lot Size
1.07 Lot Acres /PUBREC
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Oct 21, 2026 at 08:07 AM
Listing last updated Oct 21, 2026 at 01:19 PM
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.

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