503 3rd Street
About This Property
Retreat to the primary suite, where a spacious walk-in closet and spa-like bathroom offer a private oasis. The additional bedrooms provide plenty of space, each designed with comfort in mind. Spray foam insulation ensures energy efficiency, while the instant hot water system adds everyday convenience. Outside, the backyard offers endless possibilities, whether it's entertaining under the Texas sky or simply enjoying a quiet evening on the backyard concrete patio.
Located just 20 minutes from Waco's shopping, dining, and medical facilities, this home offers the perfect balance of small-town charm and city convenience. A rare gem that feels like new, ready to welcome its next chapter.
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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 |
|---|---|---|---|
| Jul 30, 2025 | Sold | ||
| Sold | |||
| Jun 30, 2025 | In contract | - | |
| In contract | |||
| May 12, 2025 | Price Decreased |
$234,900
↓ $15K
(6%) | |
| Price Decreased | |||
| Apr 20, 2025 | Withdrawn | - | |
| Withdrawn | |||
| Mar 17, 2025 | Listed by Keller Williams Realty Waco | $249,900 | |
| Listed by Keller Williams Realty Waco | |||
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In the heart of Valley Mills, this beautifully reimagined 3-bedroom, 2-bath home is practically brand new from the inside out. Thoughtfully renovated down to the studs, every detail has been carefully selected to blend modern style with timeless comfort. Step inside to a bright and airy great room, where soaring vaulted ceilings create a welcoming space that flows seamlessly from the living and dining areas into a stunning kitchen. Richly painted custom cabinetry, gleaming quartz and granite countertops, and sleek stainless steel appliances make this kitchen a true showpiece, complete with an oversized island and gold-accented fixtures for a touch of elegance.
Retreat to the primary suite, where a spacious walk-in closet and spa-like bathroom offer a private oasis. The additional bedrooms provide plenty of space, each designed with comfort in mind. Spray foam insulation ensures energy efficiency, while the instant hot water system adds everyday convenience. Outside, the backyard offers endless possibilities, whether it's entertaining under the Texas sky or simply enjoying a quiet evening on the backyard concrete patio.
Located just 20 minutes from Waco’s shopping, dining, and medical facilities, this home offers the perfect balance of small-town charm and city convenience. A rare gem that feels like new, ready to welcome its next chapter.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017