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$799,000

3700 Hillwood Way, Bedford, TX, 76021

PendingInfo
Beds3 Beds
Baths2 Bath
Baths5,513 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$144.93 / sqft
Year BuiltBuilt in 1987

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesTrash Compactor, Dishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave, Convection Oven
FlooringCarpet, Ceramic Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size18,800 sqft

Building Information

Year Built1987
Stories2
Garage Spaces4

Land Information

APN3915-4-19
Lot Number19
SubdivisionBrookwood Hills
Land UseResidential
Legal DescriptionBROOKWOOD HILLS BLOCK 4 LOT 19
Census Tract113625
Assessed Land Value$100,000
Assessed Improvement Value$639,000
Assessment Year2025

About this property

Beautiful custom brick home on a landscaped corner lot offering 5,513 sq. ft. of living space with 5 bedrooms, 5 bathrooms, and three spacious living areas. Rich hardwood floors, plantation shutters, custom molding, and elegant tray, coffered, and vaulted ceilings create timeless appeal throughout. The functional floor plan includes a private front office with built-ins and a closet, a large formal dining room, and an expansive kitchen featuring granite countertops, abundant cabinetry, a built-in pantry, built-in desk, quality appliances, trash compactor, and a pass-through bar perfect for entertaining. The main family room overlooks the backyard through a wall of windows and offers a wet bar, built-ins, and a gas fireplace. Upstairs you'll find a large family room plus an oversized game room with a built-in wet bar, gas fireplace, and plenty of space for entertaining. Dual staircases provide convenient access to both levels. The private primary suite features direct access to the covered patio and pool, along with a spa-like bath offering granite countertops, double sinks, a soaking tub, and a spacious walk-in closet. Every closet includes custom built-ins, with additional storage throughout, including a cedar-lined hallway closet. Enjoy the oversized backyard with a sparkling pool, updated in 2021 with a new liner installed in 2026, covered patio, pool bath, and plenty of green space. Additional features include a long driveway, 3-car garage with workbench, large laundry room, two water heaters, and four HVAC units replaced in 2025 and 2026.

Investor Tools

$152,255Estimated Mortgage Balance
$647,732Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,794 /month
Positive
Cash Flow Estimate:
$1,598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,465/month
$150/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$13,590
$739,000
2025
$100,000
$639,000
$739,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$13,590
$739,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$175,000
No
First
Oct 24, 2019
Nov 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,255
$668,745
81%
19%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,120/mo
$1,200/mo
+$920/mo
3.2%

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.

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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: Bedford

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3700 Hillwood Way | Property Details | No Agent List