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$991,000

NAL Estimated Property Value

16 Hillandale Rd, Waco, TX, 76710

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,916 Sq Ft
price_per_sqft$383.04 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Double Oven, Ice Maker, Microwave, Refrigerator
FlooringBrick, Carpet, Tile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters, Garden
Lot Size13,748 sqft

Building Information

Year Built1984
Roof Type104
Garage Spaces2

Land Information

APN480229050008006
Lot Number8
SubdivisionHillandale
Land UseResidential
Legal DescriptionHILLANDALE LOT 8 BLOCK 1 ACRES .3156
Census Tract002501
Assessed Land Value$164,170
Assessed Improvement Value$579,350
Assessment Year2025

About this property

Prestigious and private and located at the back of a cul-de-sac, 16 Hillandale exemplifies quality design and construction. From the solid wood front door to the custom hand carved mesquite floors and the red tile roof, everything was selected with care and an eye for quality and detail. With direct access to the Ridgewood Golf Course, views of Lake Waco and the Ridgewood Marina, this home has it all. As you enter, the beautiful view greets you. Massive great room with high ceilings and a gorgeous custom stone fireplace opens to the dining room. Four bedrooms, two upstairs and two down, each with a private ensuite bath, provide plenty of room for your family and guests. In addition to large closets and built-ins, the primary bedroom includes a large vault. The gourmet kitchen includes a Sub-Zero refrigerator and freezer and two large ovens with an abundance of cabinets and storage. Opening to the great room is a wet bar complete with ice maker and beautiful mahogany countertop. This luxury home also includes a wine seller. Whether you enjoy a cozy evening at home or entertaining a large group, 16 Hillandale is the perfect home for you. Come see this paradise for yourself!

Investor Tools

Property Icon
$991,000
Estimated Property Value
$93,018Estimated Mortgage Balance
$897,982Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,805/month
$200/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$16,700
$743,520
2025
$164,170
$579,350
$743,520
No

Tax History

Year
Tax Paid
Assessed Value
2024
$16,700
$743,520

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tfnb Your Bank For Life
Purchase Money Mortgage
$100,000
No
First
Aug 3, 2022
Aug 2023

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$93,018
$897,982
90%
9%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$800/mo
+$554/mo
1.6%

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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16 Hillandale Rd | Property Details | No Agent List