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$692,000

NAL Estimated Property Value

840 Cherokee Trl, Woodway, TX, 76712

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,944 Sq Ft
price_per_sqft$372.43 / sqft
Year BuiltBuilt in 2014

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Double Oven

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size10.91 acres

Building Information

Year Built2014
Stories1
Roof Type112
Garage Spaces5

Land Information

APN363434000001020
Lot Number2
SubdivisionWren Addition
Land UseAgriculture / Farming
Legal DescriptionWREN ADDITION LOT 2 BLOCK 1 ACRES 10.911
Census Tract002900
Assessed Land Value$15,340
Assessed Improvement Value$344,960
Assessment Year2025

About this property

Peaceful Country Living Just Minutes from Waco! Enjoy the best of both worlds—privacy and acreage just outside the city limits! This expansive 100x40 barndominium sits on over 10 acres. The living space has been reimagined and refreshed and offers an open concept with 1,944 sq ft of living space, including 3 bedrooms and 2 bathrooms. The attached 3-bay shop perfect for your hobbies, vehicles, or workspace. Inside, the open-concept living, dining, and kitchen area is ideal for entertaining, with large windows and patio doors that frame peaceful views of the pond, pasture and wildlife. The kitchen features quartz countertops, a gas range, wall oven and microwave, a wet bar, and an oversized island. A walk-in pantry and spacious laundry room connect to a bonus storage room that links both patios. The isolated primary suite opens to the back patio through glass doors and includes a spa-like bath with dual quartz vanities, a soaking tub, walk-in tiled shower, and a huge walk-in closet. Step outside to your covered patio, quiet mornings, perfect for cookouts, or watching deer cross the tree line. Just beyond, you’ll find a large garden, chicken coop, wet weather pond, and a second pond and creek nestled at the back of the property. Other features include: 30x40 detached workshop with 2 bays and RV parking, Woodworking shop, Several metal storage sheds, Commercial stainless steel sink, Large air compressor and multiple utility outlets, Hog pen, No city taxes & currently Ag exempt and Lake access just minutes away. This one-of-a-kind property is the perfect blend of rural charm and practical functionality. Schedule your private tour today! Listing agent has more than 10% ownership in the property, related to the sellers and a licensed realtor in the state of Texas.

Investor Tools

Property Icon
$692,000
Estimated Property Value
$621,721Estimated Mortgage Balance
$70,279Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,344 /month
Positive
Cash Flow Estimate:
$1,448 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$705/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,003
$360,300
2025
$15,340
$344,960
$495,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,003
$360,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Tx
Closed-End Mortgage / Closed-End With Future Advance Clause
$630,000
No
First
Aug 26, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$621,721
$70,279
10%
90%
$3,778/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,120/mo
$3,778/mo
$-2,658/mo
1.9%

City: Woodway

840 Cherokee Trl | Property Details | No Agent List