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$1,700,000

3601 Hillcrest Drive, Waco, TX, 76708

On MarketInfo
Just AddedInfo
Beds5 Beds
Baths4 Bath
Baths4,606 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$369.08 / sqft
Year BuiltBuilt in 1903

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Gas Range, Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Gas Water Heater, Ice Maker, Microwave, Refrigerator, Washer
FlooringBrick, Ceramic Tile, Hardwood, Tile

Exterior

Exterior FeaturesFire Pit, Rain Gutters, Lighting, Private Yard
Lot Size1.92 acres

Building Information

Year Built1903
Stories2
Roof Type105
Garage Spaces1

Land Information

APN480056020014002
Lot Number14
SubdivisionBradshaw Tr
Land UseResidential
Legal DescriptionBRADSHAW TR LOT 14 BLOCK A ACRES 1.918
Census Tract002800
Assessed Land Value$99,420
Assessed Improvement Value$581,500
Assessment Year2025

About this property

Welcome to the beloved Hillcrest Estate, beautifully reimagined by Chip and Joanna Gaines. This extraordinary property embodies Southern charm at its finest, blending timeless character, refined updates, and thoughtful design throughout. Nestled on 1.9 picturesque acres in the heart of Waco, the estate features a fully renovated main residence and detached guest cottage, both impeccably designed and styled. All furnishings, decor, and accessories are included, creating a turnkey opportunity. Inside, rich hardwood floors, extensive trim and millwork, elegant wainscoting, and abundant natural light enhance the home’s inviting atmosphere. Generously sized living and dining spaces offer effortless flow for everyday living and entertaining. The kitchen features stainless steel appliances, custom cabinetry, quartz countertops, and a breakfast nook. Privately situated on the main level, the spacious primary suite offers a spa-inspired bath with an oversized soaking tub, separate shower, and dual vanities. The detached 1-bedroom, 1-bath guest cottage provides exceptional flexibility and privacy with its own patio, secluded backyard access, a 2-car garage, and additional carport parking. Ideal for multigenerational living, extended guests, or potential income, the space offers comfort and versatility. Impeccably landscaped and fully fenced, the grounds feature a private gated drive-through entrance, a firepit beneath sprawling oak trees, multiple patios for entertaining, a potting shed, and a charming children’s cottage. The separately fenced lawn offers space for a future pool, garden, sport court, or additional outdoor living. Conveniently located near downtown Waco, Ridgewood Country Club, and Baylor University, Hillcrest Estate offers a rare opportunity to own one of Waco’s most iconic properties, blending history, character, comfort, and style.

Investor Tools

Property Icon
$710,000
Estimated Property Value
$0Estimated Mortgage Balance
$710,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,200 /month
Positive
Cash Flow Estimate:
$3,400 /month

Interested in this property?

Melissa Miller

Magnolia Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,360
$680,920
2025
$99,420
$581,500
$680,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,360
$680,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$710,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
N/A
+$1,370/mo
2.3%

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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3601 Hillcrest Drive | Property Details | No Agent List