503 Broken Spoke Trail
About This Property
A grand entry welcomes you with soaring ceilings, rich luxury vinyl flooring, and a striking staircase that creates an unforgettable first impression. Just off the entry, a beautifully appointed private office provides the perfect space for working from home or a quiet retreat. The downstairs guest bath connects with the second bedroom downstairs perfect for guests.
At the heart of the home, the expansive living room showcases dramatic two-story ceilings, a stately fireplace, and a wall of windows that bathe the space in natural light while framing views of the backyard. The open design flows effortlessly into the chef's kitchen and dining area, creating an inviting setting ideal for both everyday living and elegant entertaining. The kitchen features beautiful cabinetry, gas cooktop, stainless steel appliances, a generous island, and abundant workspace.
The luxurious primary suite offers a peaceful retreat with a spa-like bath featuring dual vanities, a soaking tub, a separate walk-in shower, and spacious walk-in closet.
Upstairs, a massive game room provides a versatile second living space perfect for media, recreation, or gatherings, while additional bedrooms and baths offer comfort and privacy for family and guests.
Outdoors, enjoy the covered patio overlooking the generously sized backyard-an ideal setting for relaxing evenings, weekend entertaining, or creating your dream outdoor oasis.
Situated on a spacious lot and offering four bedrooms, four full baths, a private office, and exceptional living spaces throughout, this home delivers luxury, comfort, and timeless design in one of Waco's most sought-after school districts.
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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 |
|---|---|---|---|
| Apr 20, 2026 | Sold | ||
| Sold | |||
| Mar 16, 2026 | In contract | - | |
| In contract | |||
| Mar 4, 2026 | Listed by Texas Luxury and Land | $735,000 | |
| Listed by Texas Luxury and Land | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017