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$62,000

305 W Moonlight Dr, Robinson, TX, 76706

$80,600 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,366 Sq Ft
Unimproved LandUnimproved Land
Year BuiltBuilt in 1960

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling

Exterior

Lot Size37,897 sqft

Building Information

Year Built1960
Stories1
Roof Type112
Garage Spaces1

Land Information

APN440024000358006
SubdivisionMartinez M
Land UseResidential
Legal DescriptionMARTINEZ M TRACT 2 ACRES 0.87
Census Tract003703
Assessed Land Value$13,310
Assessed Improvement Value$17,720
Assessment Year2025

About this property

Introducing a remarkable development opportunity in the prime location of Robinson, TX, on approximately 1.3 acres. This expansive property is situated in a highly sought-after area, offering not only a generous amount of land but also the allure of a wonderful school district. Nestled just minutes away from all that Waco has to offer, this parcel of land presents an ideal canvas for a variety of development possibilities. The property's strategic location combines the tranquility of Robinson with the convenience of proximity to Waco's amenities. Imagine the potential for residential development, where residents can enjoy a serene environment while having easy access to shopping, schools and work. The excellent school district further enhances the appeal, making it an attractive option for families seeking quality education for their children. Whether envisioning residential communities, commercial ventures, or a blend of both, this development potential property holds the promise of creating a harmonious blend of lifestyle and accessibility. With its prime location, ample acreage, and proximity to a thriving city, this property stands as a canvas for innovative and lucrative ventures in the heart of Robinson, TX.

Investor Tools

Property Icon
$62,000
Estimated Property Value
$0Estimated Mortgage Balance
$62,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$80,600
Rent-to-Value Ratio: 0.72%
Rent Estimate
$660 /month
Positive
Cash Flow Estimate:
$220 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,137
$31,030
2025
$13,310
$17,720
$31,030
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,137
$31,030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$62,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
N/A
+$1,010/mo
19.5%

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.

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: Robinson

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305 W Moonlight Dr | Property Details | No Agent List