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Robinson 76706 Lux
240 Headrick Drive
$299,000
● House - Off Market

240 Headrick Drive

Waco, TX 76706
bedrooms
4 Beds
bathrooms
0 Bath
square feet
1,826 Ft²
$1,924
Est. Monthly
5.78%
Cap Rate

About This Property

Lovely home on corner lot in Robinson ISD.  This 4BR/2BA home features large living area with wood burning fireplace and vinyl plank wood look flooring. Formal dining room is open to living area for easy entertaining.  Kitchen features walk in pantry, freestanding range, microwave, dishwasher and large breakfast area.  Laundry room is separate room off the kitchen. Spacious isolated primary suite with carpet and walk in closet. Primary bath has dual vanity and tub/shower. Covered patio and large privacy fenced backyard. Two car side entry garage. New roof in April 2024. Recently painted inside and exterior. $299,000
Unit Size
1,826 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$164
Property Type
House
Property Taxes
$455
HOA Dues
-
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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.

Last updated: 2 years ago (NTREIS #223926)

Price History

Date / Event Date Event Price
Oct 18, 2024 Sold
Premium
Sold
Jul 8, 2024 Listed by Kelly, Realtors $299,000
Listed by Kelly, Realtors

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 3
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,645
  • Lot Size Depth Feet: 1,130
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 2,244
  • Gross Building Area: 2,244
  • Building Area: 1,826
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,826
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LUX
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LUX LOT 32 BLOCK 3 ACRES .2903

Neighborhood

  • School District Name: Robinson Independent School District
  • Census Tract: 003701

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: PG 90D
  • Parcel: 44-009500-008200-8
  • Block: 3
  • Lot: 32
  • Municipality: CITY OF ROBINSON
  • Latitude: 31.4515
  • Longitude: -97.1052

    Address

  • Full Address: 240 Headrick Dr
  • Address - House Number: 240
  • Address - Street Name: Headrick
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Waco
  • Carrier Code: C015
  • 4-Digit Zip Code: 6288
  • Zip Code: 76706

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $455,739
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.2489
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 64
  • Final Value: 321,351
  • High Value: 401,361
  • Low Value: 241,341

    Market Valuation

  • Market Total Value: $295,510
  • Market Land Value: $36,290
  • Market Improvement Value: $259,220

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $238,742

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 03, 2006
  • Current Sale Recording Date: Mar 08, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2006008055
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Lux

Stats & Trends

Median Asking:

$408,000

Sale Price/ft²

$162

Below Asking

0.09%

Average Days on Market

110

Average Home Size

2413 ft²

Average Home Age

39 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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NTREIS

Listed by: Trish Griffin, Kelly, Realtors
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 223926
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 240 Headrick Drive built and last sold?
The property at 240 Headrick Drive was built in 2006 and last sold on Mar 3, 2006 for $119,900.
How much is this home worth?
The estimated value of the home located at 240 Headrick Drive is $301,990.
What are some comparable homes to 240 Headrick Drive?
There are currently no comparable homes to 240 Headrick Drive.
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