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$264,460

NAL Estimated Property Value

10505 Hiawatha Dr, Waco, TX, 76712

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,504 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.22 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size14,488 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360012050024000
Lot Number12
SubdivisionArrowhead Est
Land UseResidential
Legal DescriptionARROWHEAD EST LOT 12 BLOCK 2 ACRES .3326
Census Tract003708
Assessed Land Value$34,780
Assessed Improvement Value$229,680
Assessment Year2025

About this property

Welcome to 10505 Hiawatha Dr, a charming 3-bedroom, 2-bathroom home nestled in the desirable Arrowhead Estates of Woodway, TX. Built in 1978, this 1,504 sq ft single-family residence sits on a generous 0.33-acre lot, offering ample space for outdoor activities. As you step inside, you're greeted by vaulted ceilings that enhance the spaciousness of the open-concept living area. A recently tiled wood-burning fireplace serves as the focal point, providing warmth and ambiance. The kitchen boasts stainless steel appliances, appealing countertops, and a stylish backsplash. Adjacent to the kitchen, the utility room offers convenient access to the attached two-car garage and a spacious exterior driveway, perfect for additional parking or recreational use. The sizable master bedroom features an en-suite bathroom with a walk-in tiled shower. Two additional bedrooms and a full bathroom provide comfortable accommodations for family or guests. Outside, the large backyard is fully fenced, ensuring privacy and security. A beautiful patio invites outdoor gatherings and relaxation, while the charming front porch adds to the home's curb appeal. The property's proximity to Hewitt Elementary School, local parks, Highway 84, shopping centers, and dining establishments enhances its convenience and desirability. This delightful home combines comfort, style, and a prime location, making it a must-see property in the Woodway area.

Investor Tools

Property Icon
$264,460
Estimated Property Value
$144,412Estimated Mortgage Balance
$120,048Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,587 /month
Positive
Cash Flow Estimate:
$529 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$479/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,423
$264,460
2025
$34,780
$229,680
$264,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,423
$264,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$147,000
No
First
May 12, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$144,412
$120,048
45%
55%
$882/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$882/mo
+$588/mo
6.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waco

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10505 Hiawatha Dr | Property Details | No Agent List