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$386,600

3505 Heatherstone Cir, Waco, TX, 76708

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,539 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$155.57 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Tankless Water Heater, Disposal, Ice Maker, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size7,022 sqft

Building Information

Year Built1983
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480090040082009
Lot Number12
SubdivisionChimney Hill
Land UseResidential
Legal DescriptionCHIMNEY HILL LOT 12 BLOCK 3 ACRES .1612
Census Tract002800
Assessed Land Value$46,000
Assessed Improvement Value$340,600
Assessment Year2025

About this property

Architectural delight in the sought after Chimney Hill addition! Custom built in 1983 by Waco’s renowned developer, Jerry Rogers, this one owner home has a truly unique layout that captivates the eye as soon as you walk through the front door. Soaring ceilings in the living area with an open staircase in the middle of the home. Polished parquet wood flooring throughout warms the space and a bank of windows overlooking the wooded area beyond provides generous natural lighting along with ultimate privacy due to the siting of the home. An additional vaulted ceiling in the large loft area opens the space even more. This flex area may be used as a large office, art studio, library or 4th bedroom AND there is a Powder Bath conveniently located on this level. Dedicated dining area for entertaining and a breakfast nook for everyday use. The updated cheery kitchen has ample cabinets and an icemaker for the ice enthusiast! Three bedrooms are located on the main level with the primary suite boasting a vaulted ceiling and ensuite bath. Beautiful wood shutters throughout, walk-in closets in each bedroom, tankless WH and a new roof installed Jan. 2024 are added bonuses. The landscaping and green space around the property are lush and lovely. The adjoining lot, 3501 Heatherstone Circle, is included with the sale of 3505. The Sellers purchased the lot many years ago as it is unbuildable unless the giant Live Oak is removed, and they could not let this happen. This additional green space provides not only a beautiful setting but also a natural buffer from neighbors. The community space between the homes has large flagstone pathways and a wooden swing for your enjoyment. Come discover this jewel box shaded by magnificent Oaks with the lawn care handled by the HOA!

Investor Tools

Property Icon
$386,600
Estimated Property Value
$0Estimated Mortgage Balance
$386,600Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,370 /month
Positive
Cash Flow Estimate:
$790 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$789/month
$149/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,534
$386,600
2025
$46,000
$340,600
$386,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,534
$386,600

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$386,600
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$149/mo
+$1,221/mo
4.3%

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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3505 Heatherstone Cir | Property Details | No Agent List