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$322,000

NAL Estimated Property Value

3206 Village Park Dr, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,824 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.13 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Cooktop, Electric Range, Electric Water Heater

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Rain Barrel/Cistern(s)
Lot Size15,952 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480055010044005
Lot Number2
SubdivisionBlue Bonnet Cliffs
Land UseResidential
Legal DescriptionBLUE BONNET CLIFFS LOT 2 BLOCK 4 ACRES .3662
Census Tract003000
Assessed Land Value$35,730
Assessed Improvement Value$252,480
Assessment Year2025

About this property

Welcome to this lovely tranquil home on a beautiful, shady, low maintenance lot. Totally updated with a recent roof. Three bedrooms, two full bathrooms, two living and two dining areas. Isolated primary suite opens to the lovely backyard. Painted in soft, soothing colors, 3206 Village Park is a relaxing very well-maintained home. Tile floors, granite countertops in the kitchen and both bathrooms. High-quality kitchen appliances, separate laundry room with a convenient dog washing area and outside access. You will really enjoy the screened porch with a ceiling fan and view of the gorgeous backyard.

Investor Tools

Property Icon
$322,000
Estimated Property Value
$31,425Estimated Mortgage Balance
$290,825Estimated Equity
90% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,868
$281,460
2025
$35,730
$252,480
$288,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,868
$281,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Preference Mortgage Corp
Conventional
$74,400
No
First
Apr 8, 2005
May 2020

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$31,425
$294,575
90%
10%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
N/A
+$1,330/mo
5.0%

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: Waco

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3206 Village Park Dr | Property Details | No Agent List