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$506,900

NAL Estimated Property Value

309 Desert Sky Dr, Waco, TX, 76657

$509,557 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$175.13 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Gas Cooktop, Microwave
FlooringCarpet, Ceramic Tile, Wood

Exterior

Lot Size10,237 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APN363362090009210
Lot Number21
SubdivisionSunwest Village Pt 8
Land UseResidential
Legal DescriptionSUNWEST VILLAGE PT 8 LOT 21 BLOCK 9 ACRES .235
Census Tract003901
Assessed Land Value$49,550
Assessed Improvement Value$457,350
Assessment Year2025

About this property

Welcome to this stunning 4-bedroom, 3-bathroom home in the highly sought-after Sunwest Addition! Designed with entertaining in mind, this spacious two-story home features an open-concept layout, a large granite island, and custom cabinetry throughout. The kitchen is a chef’s dream with a gas cooktop, built-in stainless steel oven, dishwasher, and oversized pantry. Downstairs, you’ll find beautiful hardwood floors, LED lighting with dimmers, and a private primary suite for your comfort and convenience. Upstairs offers a large bonus room with a full bath and pre-wired surround sound, perfect for movie nights, gaming, or hosting guests. Step outside to enjoy the extended covered patio, a fully fenced backyard, and a sprinkler system to keep your lawn lush and green. With thoughtful upgrades and a layout made for everyday living and entertaining, this home is ready to welcome you.

Investor Tools

Property Icon
$506,900
Estimated Property Value
$370,763Estimated Mortgage Balance
$136,137Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$509,557
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,041 /month
Positive
Cash Flow Estimate:
$1,014 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$964/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,035
$506,900
2025
$49,550
$457,350
$506,900
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,035
$506,900

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Highlands Residential Mortgage Ltd
Conventional
$375,700
No
First
Aug 18, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,763
$136,137
26%
73%
$2,253/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$2,253/mo
$-623/mo
3.9%

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: Waco

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309 Desert Sky Dr | Property Details | No Agent List