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$443,000

3612 Hillcrest Dr, Waco, TX, 76708

$482,144 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,680 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$205.19 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Vented Exhaust Fan, Gas Water Heater
FlooringTile, Wood

Exterior

Lot Size22,433 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces3

Land Information

APN480388000132002
SubdivisionStephens J M
Land UseResidential
Legal DescriptionSTEPHENS J M ACRES .515
Census Tract002700
Assessed Land Value$31,860
Assessed Improvement Value$411,140
Assessment Year2025

About this property

OWNER HAS POURED A BEAUTIFUL CIRCULAR DRIVE TO THE FRONT TO GIVE EXTRA PARKING AND MAKE IT OH SO SIMPLE TO GET IN AND OUT OF THE DRIVE! Very large patio was also added to the back off the brick porch to give ample room to entertain out back. He also added a sodded front yard and new landscaping! Might as well call me new!! Another Schocke & Sons master renovation is complete! New owner will have nothing to do! Schocke & Sons is a high end, high quality builder who has completed work for some of the most prestigious families in the central Texas area. This home was literally stripped down to the studs! 3 bed, 2 1/2 bath, 2680 Sq. Ft. of high quality renovations. Builder has touched every surface of this home and very little besides the original frame is remaining. New electrical, new plumbing, new hardwood flooring, new roof, new gorgeous Pella windows, new HVAC system just to name a few. Whole house spray foam insulation was added even under the floors to give this home an abundance of energy efficiency! Walk in the front door and the quality is apparent everywhere you look. Some stunning features have been included to bring out the modern farmhouse vibe; butler's pantry, bricked back porch, freestanding tub, unique farmhouse sink in powder bath, 2 fireplaces, NXR stainless gas range with convection oven, for example. The open concept of this home allows plenty of spaces to entertain where even the cook can be included in everything happening in the home. An absolutely stunning chandelier in the dining area is a real conversation piece. All bedrooms are open and spacious. Even the unique tiles for bathrooms were chosen with care. Beautiful 1/2 acre lot with new wooden fencing. New survey has already been completed. All measurements are approximate and should be verified by buyer if important. Gate and fence have been extended down the driveway to complete the privacy of the drive and backyard.

Investor Tools

Property Icon
$443,000
Estimated Property Value
$0Estimated Mortgage Balance
$443,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$482,144
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,299 /month
Positive
Cash Flow Estimate:
$1,100 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$733/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,575
$443,000
2025
$31,860
$411,140
$443,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,575
$443,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$443,000
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
3.7%

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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3612 Hillcrest Dr | Property Details | No Agent List