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$650,000

706 Norfolk Drive, Temple, TX, 76502

On MarketInfo
Beds4 Beds
Baths4 Bath
Baths2,927 Sq Ft
price_per_sqft$222.07 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms 4Bathrooms 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesDouble Oven, Dishwasher, Electric Water Heater, Gas Cooktop, Disposal, Gas Range, Multiple Water Heaters, Other, Refrigerator, Range Hood, See Remarks, Tankless Water Heater, Vented Exhaust Fan, Some Gas Appliances, Built In Oven, Microwave
FlooringCarpet, Combination, Ceramic Tile

Exterior

Exterior FeaturesCovered Patio, Gas Grill, Outdoor Grill, Outdoor Kitchen, Porch, Private Yard, Rain Gutters, Propane Tank Leased
Lot Size23,522 sqft

Building Information

Year Built2018
Stories1
Roof Type105
Garage Spaces2

Land Information

APN466582
Lot Number8
SubdivisionHartrick Valley Estates
Land UseResidential
Legal DescriptionHARTRICK VALLEY ESTATES, BLOCK 002, LOT 0008, 0.540AC 0.540AC
Census Tract021400
Assessed Land Value$90,000
Assessed Improvement Value$543,887
Assessment Year2025

About this property

Welcome to 706 Norfolk Drive, settled just beyond the city limits and within Academy School District; where thoughtful design, exceptional functionality, and meticulous care come together on more than half an acre in one of Temple’s desired and established neighborhoods. Offering just shy of 3,000 square feet, this beautifully maintained home features 4 bedrooms, 3.5 bathrooms, a dedicated office, formal dining room, and a versatile flex space designed to accommodate today’s evolving lifestyle. Soaring vaulted ceilings accented with wood beams create a striking focal point, while expansive picture windows fill the home with natural light. The heart of the home is built for both everyday living and entertaining, featuring a gas cooktop, coffee bar, abundant storage, and seamless flow into the spacious living area anchored by a gas-ignited fireplace. Step outside to enjoy the outdoor kitchen and expansive backyard, offering ample space to relax, entertain, or simply enjoy the privacy of your more than half-acre homesite. Designed with efficiency and peace of mind in mind, the property also includes propane gas service, on-demand water heater and electric water heater, septic system, whole-home generator, blown-in upgraded insulation and an oversized 3-car garage. What truly sets this home apart is the pride of ownership evident throughout. Every detail has been carefully maintained, creating a move-in ready opportunity for the next owner. Conveniently located less than 15 minutes from Baylor Scott & White Medical Center and the VA Medical Center, this exceptional property offers the perfect balance of luxury, functionality, and location.

Investor Tools

$275,315Estimated Mortgage Balance
$358,685Estimated Equity
56% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,900 /month
Positive
Cash Flow Estimate:
$1,300 /month

Interested in this property?

Monique Flores

Compass RE Texas, LLC

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$973/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,502
$633,887
2025
$90,000
$543,887
$633,887
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,502
$633,887

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bank Of America Na
Unknown
$325,000
No
First
Oct 10, 2018
Nov 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,315
$358,685
56%
43%
$1,949/mo

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: Temple

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706 Norfolk Drive | Property Details | No Agent List