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$448,000

$454,900

3241 Village Park Dr, Waco, TX, 76708

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,076 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$215.8 / sqft
Year BuiltBuilt in 1981

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Tankless Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Lot Size29,908 sqft

Building Information

Year Built1981
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480055010064004
Lot Number11
SubdivisionBlue Bonnet Cliffs
Land UseResidential
Legal DescriptionBLUE BONNET CLIFFS LOT 11 BLOCK 5 ACRES .6866
Census Tract003000
Assessed Land Value$43,670
Assessed Improvement Value$283,510
Assessment Year2025

About this property

Huge Rolling wooded cul-de-sac lot • 2025 designer renovation • Near Lake Waco trails * Vaulted Ceilings * Wood Beams Single-story brick ranch in Waco’s Blue Bonnet Cliffs-Cedar Ridge area, set on an oversized 0.687-acre partially wooded lot near Lake Shore Dr, Lake Waco, and Waco Dam Hike & Bike Trail access. The 3-bed, 3-bath, 2,076-sq-ft layout features vaulted ceilings with wood beams, a wood-burning fireplace, custom built-ins, new flooring, decorative lighting, and a full-size utility room. Renovated kitchen includes Taj Mahal quartzite leather countertops, marble mosaic backsplash, solid walnut cabinetry, brass hardware, farmhouse sink, 2025 Electrolux appliance suite, and 36-inch induction range. Primary suite offers patio access and a new walk-in closet. All 3 baths are renovated with frameless glass showers, Kohler toilets, Delta fixtures, and double-vanity space. Major updates include 2025 30-year roof, tankless Rheem water heater, PEX plumbing, updated electrical with GFCI and recessed lighting, blown-in attic insulation, solar screens, and fresh interior-exterior paint. Outdoor features include covered patio, mature pecan and peach trees, wooded backyard, lower-lot stairway, storage shed, and oversized 2-car garage with workshop. Includes floor plan and virtual tour. ## Nearby Amenity List * Lake Shore Dr access — nearby * Lake Waco — nearby * Waco Dam Hike & Bike Trail — nearby; 2.8-mile trail * Airport Park - Waco Dam parking — off Airport Rd * Cameron Park — minutes away * Waco Mammoth National Monument — minutes away * Downtown Waco - Magnolia area — minutes away * Baylor University — minutes away * I-35 access — minutes away

Investor Tools

$314,923Estimated Mortgage Balance
$146,059Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,760 /month
Positive
Cash Flow Estimate:
$920 /month

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Cristi McGowan

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$381/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,267
$327,180
2025
$43,670
$283,510
$327,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,267
$327,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Fha
$322,547
Yes
First
Feb 28, 2025
Mar 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$314,923
$160,077
33%
68%
$1,934/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,934/mo
$-604/mo
3.5%

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: Waco

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3241 Village Park Dr | Property Details | No Agent List