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$422,000

NAL Estimated Property Value

117 Hollygrove Dr, Hewitt, TX, 76643

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,180 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.13 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Lot Size12,240 sqft

Building Information

Year Built2014
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362231080002030
Lot Number3
SubdivisionEllis Farms South Ph 1
Land UseResidential
Legal DescriptionELLIS FARMS SOUTH PH 1 LOT 3 BLOCK 2 ACRES 0.281
Census Tract003708
Assessed Land Value$58,630
Assessed Improvement Value$338,320
Assessment Year2025

About this property

Welcome home to this gorgeous single story stone home in the serene and peaceful Ellis Farms neighborhood near Waco/Hewitt, Texas. Zoned to Midway ISD and Park Hill Elementary, 117 Hollygrove Dr will catch your eye and steal your heart immediately. Nestled in the quiet Ellis Farms addition just off Ritchie Road, 117 Hollygrove Drive stands as a testament to thoughtful design and quality construction. With minimal traffic, this neighborhood offers an idyllic setting that's conveniently close to all the amenities you could want or need. Upon arrival, your attention will be immediately drawn to the warm tones of the stone and brick exterior. The wooden door and arched entryway and porch lend an air of sophistication and comfortable elegance. As you step into the foyer, the open layout invites you into a space designed for easy living and entertaining. Natural light fills the main living spaces through large windows and transoms complimented by tall ceilings allowing for a spacious yet comfortable ambiance. The main living area features durable tile flooring cleverly designed to mimic wood, adding an elevated touch to the interior aesthetics. The seamless flow between the living room, kitchen, and dining area promotes effortless movement throughout these key spaces--perfect for hosting family and friends with ease. The kitchen is a chef's dream with a large island providing additional workspace and ample countertop space for meal preparation. Generous cabinet storage meets all your culinary needs, there is ideal space for a coffee bar, and the kitchen is complete with an adjacent pantry. Nearby a separate laundry room near the garage is equipped with a sink and extra counter space. You'll enjoy the drop zone at the back door with storage and hooks to collect the shoes, jackets, bags and backpacks upon entry from the garage. The isolated primary suite allows for added privacy. The room is complimented by tray ceiling enhancing the spacious feel. Ample space h

Investor Tools

Property Icon
$422,000
Estimated Property Value
$201,390Estimated Mortgage Balance
$220,610Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$873/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,362
$396,950
2025
$58,630
$338,320
$396,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,362
$396,950

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Granite Community Bank
Conventional
$205,000
No
First
May 8, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,390
$220,610
52%
48%
$1,230/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,780/mo
$1,230/mo
+$550/mo
5.1%

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: Hewitt

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117 Hollygrove Dr | Property Details | No Agent List