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McLennan 76705 Brazos Shores
478 Greenwood Lane
$340,000
● House - Off Market

478 Greenwood Lane

Waco, TX 76705
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,368 Ft²
$1,717
Est. Monthly

About This Property

This impressive corner lot home offers 2,368 square feet of beautifully renovated living space. Featuring 4 bedrooms including two primary suites, and 3 upgraded bathrooms, this house is perfect for families or those needing home office space. The newly renovated kitchen pairs wonderfully with fresh flooring throughout and a freshly painted exterior. Mature trees provide natural shade for the generous outdoor space. Located in a desirable Waco neighborhood, you'll appreciate the convenience to Connally High School, local grocery shopping, and TSTC Waco Airport. This relaxing retreat combines modern updates with classic charm in one of Waco's most sought-after areas.??
Unit Size
2,368 Ft²
Days on Market
-
Land Size
0.46 acres
Price per sqft
$148
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1987

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 8 months ago (NTREIS #20921135)

Price History

Date / Event Date Event Price
Mar 20, 2026 Sold
Premium
Sold
Feb 20, 2026 In contract -
In contract
Feb 17, 2026 Price Decreased $349,500
↓ $11K (2.9%)
Price Decreased
Jan 30, 2026 Relisted $360,000
Relisted
Nov 25, 2025 In contract -
In contract
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1993
  • 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
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 20,560
  • Lot Size Depth Feet: 1,760
  • Lot Size Frontage Feet: 1,280
  • Total Building Area: 2,368
  • Gross Building Area: 2,368
  • Building Area: 1,908
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,908
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MOORE LEWIS
  • Land Acres: 0000000472
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MOORE LEWIS ACRES .472

Neighborhood

  • School District Name: Connally Independent School District
  • Census Tract: 003400

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: PG 13G
  • Parcel: 20-002700-001226-3
  • Municipality: WACO
  • Latitude: 31.6308
  • Longitude: -97.1404

    Address

  • Full Address: 478 Greenwood Ln
  • Address - House Number: 478
  • Address - Street Name: Greenwood
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Waco
  • Carrier Code: R022
  • 4-Digit Zip Code: 5224
  • Zip Code: 76705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $453,206
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.259
  • Valuation Date: Dec 28, 2022
  • Confidence Score: 63
  • Final Value: 319,668
  • High Value: 402,471
  • Low Value: 236,866

    Market Valuation

  • Market Total Value: $282,770
  • Market Land Value: $29,210
  • Market Improvement Value: $253,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $282,770
  • Assessed Land Value: $29,210
  • Assessed Improvements Value: $253,560

    Sales

  • Current Sale Contract Date: Apr 15, 2005
  • Current Sale Recording Date: Apr 19, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2005014620
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 Brazos Shores

Stats & Trends

Median Asking:

$446,750

Sale Price/ft²

$211

Above Asking

0.00%

Average Days on Market

35

Average Home Size

2154 ft²

Average Home Age

20.8 years

Currently For Sale

5 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: Gabrielle Robles, Texas Luxury and Land
Last Updated: 8 months ago
Data Source: NTREIS MLS, MLS# 20921135
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 478 Greenwood Lane built and last sold?
The property at 478 Greenwood Lane was built in 1987 and last sold on Apr 15, 2005 for $117,500.
How much is this home worth?
The estimated value of the home located at 478 Greenwood Lane is $363,469.
What are some comparable homes to 478 Greenwood Lane?
There are currently no comparable homes to 478 Greenwood Lane.
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