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$808,643

5316 Hillcrest Dr, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,870 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size24,002 sqft

Building Information

Year Built1961
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480184080001008
Lot Number1
SubdivisionFord
Land UseResidential
Legal DescriptionFORD LOT 1 BLOCK 1 ACRES .551
Census Tract002800
Assessed Land Value$279,860
Assessed Improvement Value$551,840
Assessment Year2025

About this property

Breathtaking lake views in this mid-century modern located in a private, peaceful neighborhood. Located in a gated area, the home has lovely views of Lake Waco from almost every room. Open kitchen/family room arrangement with retro wood-burning fireplace and featuring a wall of windows which showcases the lake views once again. Kitchen is open and has a neat island where you can look out to see beautiful lake views. All of the bedrooms are a nice size and have pretty views. Upstairs bedroom and bath are a great size and features a balcony and a large glass door to see beautiful scenery. Home has wonderful storage and has many cool features including raised ceiling in the family room and retro titles on the corner fireplace. This home needs updating but it is a private, pretty contemporary in a an upscale neighborhood with fabulous lake views that are hard to beat!

Investor Tools

Property Icon
$808,643
Estimated Property Value
$704,500Estimated Mortgage Balance
$136,113Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,852 /month
Positive
Cash Flow Estimate:
$1,617 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,507/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,037
$808,643
2025
$279,860
$551,840
$831,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,037
$808,643

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Na
Assumption
$704,500
Yes
First
Nov 30, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$672,530
$136,113
16%
83%
$4,224/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$4,224/mo
$-2,870/mo
2.0%

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.

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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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5316 Hillcrest Dr | Property Details | No Agent List