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$381,000

NAL Estimated Property Value

4617 Scottwood Dr, Waco, TX, 76708

$423,037 ARVInfo
Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,746 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.84 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater
FlooringLaminate, Tile

Exterior

Lot Size12,537 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480372030011000
Lot Number7
SubdivisionScottwood
Land UseResidential
Legal DescriptionSCOTTWOOD LOT 7 BLOCK 2 ACRES .2878
Census Tract003000
Assessed Land Value$33,220
Assessed Improvement Value$347,780
Assessment Year2025

About this property

Ready to Fall in Love? You will be with this recently renovated mid century modern home. 3BR plus office, 2.5 baths and 2 living areas. Drive up to the tree covered lot and feel like you’re in a spacious cabin in the woods with the warm exterior paint, new and modern garage and front door plus a recently replaced roof! Step inside to light and airy fresh paint and waterproof laminate flooring throughout. Right off you’ll notice the stylish light fixtures. The front living/dining room features walls of windows and a brick wall feature. Stunning remodeled kitchen pops with designer colors, tile backsplash, new stainless appliances and fixtures, white farm sink, custom wood vent a hood and island with Quartz counter showcasing a waterfall edge. Cozy up with a good book around the den fireplace or take it outside on the charming brick patio. Such a spacious primary suite overlooking backyard including a luxurious en suite bath with new modern vanity w/dual sinks, tiled shower and gorgeous fixtures. Guest bath has been updated with new marble vanity, fixtures, tile surround and patterned tile floor. The half bath mixes that perfect blend of vintage and new with original tile, new vanity and plaid wallpaper. The office/study and third bedroom are isolated from the other two bedrooms and would make a perfect living suite. Roof and sewer lines replaced in Fall 2023. Just minutes to Lake Waco, MCC, Cameron Park and Waco's thriving downtown!

Investor Tools

Property Icon
$381,000
Estimated Property Value
$326,005Estimated Mortgage Balance
$54,995Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$423,036
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,699 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,043/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,607
$381,000
2025
$33,220
$347,780
$381,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,607
$381,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$336,000
No
First
Sep 12, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$326,005
$54,995
14%
86%
$2,015/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$2,015/mo
$-685/mo
4.2%

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: Waco

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4617 Scottwood Dr | Property Details | No Agent List