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$149,500

3820 Hiland Drive, Beverly Hills, TX, 76711

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.57 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Water Heater

Exterior

Lot Size10,494 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480228000673008
Lot Number25,26A
SubdivisionHiland
Land UseResidential
Legal DescriptionHILAND LOT 25 26A BLOCK J ACRES .2409
Census Tract004300
Assessed Land Value$18,890
Assessed Improvement Value$151,920
Assessment Year2025

About this property

Investor opportunity in a prime Waco location! This 2-bedroom, 1-bath home offers 1,020 square feet of functional living space on a generously sized lot with a fully fenced yard. The property includes a detached garage and separate storage shed, adding value and flexibility for tenants or future improvements. Ideally positioned near shopping, dining, Baylor University, and all that Waco has to offer, this home benefits from strong rental demand and convenient access to major amenities. With solid bones, outdoor space, and a desirable location, this property presents excellent potential for a 1st time home buyer, investor or anyone looking for a home to make their own.

Investor Tools

Property Icon
$170,810
Estimated Property Value
$0Estimated Mortgage Balance
$103,024Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,025 /month
Positive
Cash Flow Estimate:
$342 /month

Interested in this property?

Lana Honey

Texas Luxury and Land

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,549
$170,810
2025
$18,890
$151,920
$170,810
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,549
$170,810

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Tx
Open End Mortgage / Open End With Future Advance Clause
$74,800
No
First
Jun 30, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$67,786
$103,024
60%
40%
$449/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$449/mo
+$1,111/mo
11.0%

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: Beverly Hills

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3820 Hiland Drive | Property Details | No Agent List