1052 Meandering WAY
About This Property
Inside, the home features a functional, family-oriented layout with an open living area centered around a wood-burning fireplace, creating a warm focal point for everyday living. The kitchen offers a practical layout with ample cabinetry, a large pantry, and a microwave mounted above the stove that conveys with the home. The open flow between the kitchen, dining, and living areas makes this space ideal for both daily living and entertaining.
The primary suite provides a comfortable retreat with a walk-in closet featuring a custom California closet system and a barn door entry into the ensuite bath. The bathroom includes a custom walk-in shower, additional storage, and a separate water closet. Two secondary bedrooms offer flexibility for guests, family, or a home office setup, along with a full guest bathroom that includes extra storage. The home is finished with durable LVP flooring throughout and has been well-maintained since ownership.
Step outside to enjoy the expansive lot with plenty of usable space for outdoor activities or future improvements. The detached workshop is powered with a dedicated panel, making it perfect for equipment, hobbies, or mechanical work. Conveniently located near the Bosque and Brazos River areas, this property offers easy access to fishing, hiking, and outdoor recreation, while still being close to growing local amenities, shopping, dining, and Waco-area conveniences. Ideal for anyone seeking space without the upkeep of larger acreage.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 23, 2026 | Listed by Watters International Realty | $380,000 | |
| Listed by Watters International Realty | |||
| May 7, 2022 | No longer available | - | |
| No longer available | |||
| May 3, 2022 | Relisted | $364,900 | |
| Relisted | |||
| Apr 28, 2022 | No longer available | - | |
| No longer available | |||
| Apr 16, 2022 | Price Decreased |
$364,900
↓ $8K
(2.2%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017