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A+
NoAgentList RatingHow are grades calculated?Info
Days83Days on Market
Views4view
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$559,000

$569,000

2566 Southwinds Dr, Lorena, TX, 76655

$726,700 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths2,910 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.1 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater
FlooringCarpet, Concrete, Tile, Vinyl

Exterior

Lot Size2.31 acres

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN300574000005002
SubdivisionMiller H
Land UseAgriculture / Farming
Legal DescriptionMILLER H ACRES 2.31
Census Tract003801
Assessed Land Value$56,640
Assessed Improvement Value$446,940
Assessment Year2025

About this property

This four bedroom, three bath home on 2.31 acres in Lorena, Texas offers a functional layout with room for animals, projects, guests, and everything in between. Natural light fills the main living spaces through large windows, and a dedicated sunroom extends your usable square footage year round. A bedroom and full bath with a separate exterior entrance gives you a private space that works as a guest suite, game room, or multigenerational setup without disrupting the main home. The property includes a 60x40 workshop, covered RV parking, underground storm shelter, two covered animal pens, a fenced backyard, and a side yard ideal for a garden or coop. No HOA. Zoned to Lorena ISD, a highly regarded small-town district known for its strong academics, tight-knit community, and the kind of personalized attention that larger districts simply cannot offer. Positioned with easy highway access approximately 20 minutes from downtown Waco and Temple.

Investor Tools

$952,283Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$726,700
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,414 /month
Positive
Cash Flow Estimate:
$1,138 /month

Interested in this property?

Jennifer McCaslin

Kelly, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$503,580
2025
$56,640
$446,940
$503,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$503,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Michigan Mutual Inc
Va
$490,000
Yes
First
Mar 29, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$952,283
N/A
0%
167%
$5,912/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$5,912/mo
$-4,372/mo
3.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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.

Explore Texas Explore This Area
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: Lorena

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2566 Southwinds Dr | Property Details | No Agent List