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$297,000

NAL Estimated Property Value

605 Rolling Hills Dr, Hewitt, TX, 76643

$335,592 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,868 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.06 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Ice Maker, Microwave, Refrigerator
FlooringVinyl

Exterior

Exterior FeaturesAwning(s)
Lot Size12,410 sqft

Building Information

Year Built1978
Stories1
Roof Type105
Garage Spaces2

Land Information

APN363310000154003
Lot Number3
SubdivisionRolling Hills
Land UseResidential
Legal DescriptionROLLING HILLS LOT 3 BLOCK G ACRES .2849
Census Tract003710
Assessed Land Value$25,820
Assessed Improvement Value$236,780
Assessment Year2025

About this property

$5,000 seller contribution to closing cost! Welcome to your fully renovated retreat in the heart of Hewitt, TX—just minutes from Waco and nestled in the Midway ISD, consistently ranked one of the best school districts in Texas. This 3-bedroom, 2-bathroom home blends function, warmth, and peace of mind with over $85k in upgrades, including:Brand new HVAC system, Unlimited transferable foundation warranty, All-new flooring throughout, Fully updated bathrooms & designer fixtures, New appliances, sinks, and lighting,Fresh interior & exterior updates for modern curb appeal. Step inside and you’ll find textured finishes, natural light, and a layout that just makes sense. The kitchen flows into the open-concept living space, while the bedrooms offer cozy, quiet corners away from the action. Outside you will find an expansive backyard, a perfect setting for outdoor entertaining. Located in the heart of Hewitt, this home is just minutes away from popular local spots such as George's Restaurant & Bar and Hewitt Park. Plus, with easy access to major highways, commuting to nearby Waco or other surrounding areas is a breeze.

Investor Tools

Property Icon
$297,000
Estimated Property Value
$171,128Estimated Mortgage Balance
$125,872Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$335,592
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,969
$255,543
2025
$25,820
$236,780
$262,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,969
$255,543

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Randolph Brooks Fcu
Conventional
$174,999
No
First
Feb 11, 2025
Mar 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$171,128
$125,872
42%
58%
$1,050/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,720/mo
$1,050/mo
+$670/mo
6.9%

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: Hewitt

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605 Rolling Hills Dr | Property Details | No Agent List