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$580,000

NAL Estimated Property Value

3720 Herwol Ave, Waco, TX, 76710

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,255 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.69 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Gas Water Heater, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Laminate, Tile, Wood

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size16,387 sqft

Building Information

Year Built1936
Stories2
Roof Type112
Garage Spaces4

Land Information

APN480080000146009
Lot Number1,2
SubdivisionCastle Hts
Land UseResidential
Legal DescriptionCASTLE HTS LOT 1 2 BLOCK L ACRES .3762
Census Tract002498
Assessed Land Value$66,370
Assessed Improvement Value$523,560
Assessment Year2025

About this property

Welcome to 3720 Herwol Avenue, a stunning example of timeless architecture and modern convenience, nestled in the heart of the prestigious Castle Heights neighborhood. This 90-year-old Colonial-style home, occupying two expansive lots, has been lovingly maintained by only two owners, preserving its original charm while enhancing it with thoughtful updates. As you approach the home, the grandeur is immediately apparent. A brick-lined pathway winds through the beautifully landscaped front yard, leading to an impressive entrance shaded by mature trees. Step inside to an inviting foyer, where a gracefully curved staircase and gleaming original hardwood floors set the tone for the elegance that flows throughout. This well-built residence offers flexibility with four spacious bedrooms or the option of three bedrooms and a large office. The formal dining room and two distinct living rooms provide ample space for entertaining, while the kitchen, complete with sleek countertops and modern appliances, makes meal preparation a delight. Energy efficiency is a hallmark of this home, with added insulation and an attic fan ensuring lower utility costs. The three-car garage offers not only parking but also additional storage, and a bonus game room or media room above the garage provides the perfect space for family fun or a private retreat. The heart of the home is the expansive family room, where striking black-and-white checkered flooring adds bold character. High ceilings and walls of windows offer panoramic views of the lush backyard, creating a seamless indoor-outdoor living experience. Step outside to the brick-paved patio, a serene retreat ideal for entertaining or relaxing under the shade of the mature trees. Located in the historic Castle Heights neighborhood, this home offers a unique blend of historical significance and modern amenities. With its impeccable craftsmanship, versatile living spaces, and unbeatable location, 3720 Herwol Avenue is more than just a house

Investor Tools

Property Icon
$580,000
Estimated Property Value
$524,022Estimated Mortgage Balance
$55,978Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$629/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,650
$572,458
2025
$66,370
$523,560
$589,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,650
$572,458

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$531,000
No
First
Aug 18, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$524,022
$55,978
9%
90%
$3,184/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$3,184/mo
$-1,830/mo
2.8%

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: Waco

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3720 Herwol Ave | Property Details | No Agent List