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$351,620

506 David Davis Dr, McGregor, TX, 76657

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,880 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.51 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Microwave
FlooringConcrete

Exterior

Lot Size6,599 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces2

Land Information

APN341310000083058
Lot Number10
SubdivisionMcginley
Land UseResidential
Legal DescriptionMCGINLEY LOT 10 BLOCK 5 ACRES .1515
Census Tract003902
Assessed Land Value$14,520
Assessed Improvement Value$337,100
Assessment Year2025

About this property

Fall in love with this beauty located in the peaceful town of McGregor. Spacious bedrooms, open concept with gorgeous kitchen equipped with modern stainless steel appliances, gorgeous granite countertops and plenty of cabinet space making it a perfect space for cooking and entertaining. The dining area is adjacent to the kitchen with a door to access the coverd patio and backyard. The primary bedroom is a cozy retreat with an ensuite bathroom featuring double sinks and a spacious shower and a walk in closet. The other bedrooms are on the opposite side of the house and share a bathroom with plenty of storage space.Two car garage with ample driveway parking. Just a short drive from local shopping, dining, close to Waco,Temple and Gatesville.

Investor Tools

Property Icon
$351,620
Estimated Property Value
$322,547Estimated Mortgage Balance
$0Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,110 /month
Positive
Cash Flow Estimate:
$703 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$656/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,119
$351,620
2025
$14,520
$337,100
$351,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,119
$351,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$322,547
Yes
First
Aug 29, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$355,932
N/A
0%
101%
$2,237/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,510/mo
$2,237/mo
$-727/mo
5.2%

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: McGregor

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506 David Davis Dr | Property Details | No Agent List