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$289,500

508 Wayward Pass, Schertz, TX, 78154

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,145 Sq Ft
price_per_sqft$134.97 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating CentralHeating Central
CoolingCooling
AppliancesDishwasher, Microwave, Oven, Range, Cooktop
FlooringOther

Exterior

Lot Size7,200 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces1

Land Information

APN1G-0126-2003-00300-000
Lot Number3
SubdivisionAshley Place #2
Land UseResidential
Legal DescriptionLOT: 3 BLK: 3 ADDN: ASHLEY PLACE UNIT 2
Census Tract210709
Assessed Land Value$36,335
Assessed Improvement Value$253,145
Assessment Year2025

About this property

Completely updated and beautiful. Kitchen features new quartz counters, new stainless appliances, and a breakfast bar. New light fixtures. New door and cabinet hardware. All faux wood floors. No carpet for easy cleaning. 2 inch blinds and window treatments are included. Open floor plan. 2 living areas. Fresh paint inside and out. New AC and heat system 2026.

Investor Tools

$248,418Estimated Mortgage Balance
$46,582Estimated Equity
15% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$520/month
$125/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,770
$289,480
2025
$36,335
$253,145
$289,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,770
$289,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Pilgrim Mortgage Llc
Fha
$255,290
Yes
First
Jul 29, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,418
$46,582
15%
84%
$1,609/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$2,060/mo
$1,734/mo
+$326/mo
8.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Schertz

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