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3820 Hiland Dr, Waco, TX, 76711

2beds
1baths
1,020sqft
$149,500
$147price/sqft
$1,359/moest. monthly cost
$54,360/yrincome needed

About This Home

Investor opportunity in a prime Waco location! This 2-bedroom, 1-bath home offers 1,020 square feet of functional living space on a generously sized lot with a fully fenced yard. The property includes a detached garage and separate storage shed, adding value and flexibility for tenants or future improvements. Ideally positioned near shopping, dining, Baylor University, and all that Waco has to offer, this home benefits from strong rental demand and convenient access to major amenities. With solid bones, outdoor space, and a desirable location, this property presents excellent potential for a 1st time home buyer, investor or anyone looking for a home to make their own.

Getting Around

56
WalkingSomewhat Walkable
0
TransitVery Limited Transit
36
BikeSomewhat Bikeable

Schools

3/10
2/10
3/10
University High SchoolGrades 9-121.7 mi

Construction

Condition

  • Year built: 1955

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Gas Oven,Gas Water Heater

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Chandelier,Paneling/Wainscoting

Interior Area

  • Total interior livable area: 1,020 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 480228000673008
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 10,497 sqft

Parking

  • Total spaces: 3
  • Parking features: Carport,Detached Carport,Driveway,Garage Faces Front,Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 3
  • Has uncovered spaces: Yes
  • Carport: Yes
  • Carport spaces: 2

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveVery High
  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Heat Wave
    Heat WaveRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Lightning
Tornado
Heat Wave
Hail
Inland Flooding
Strong Wind
Winter Weather

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $755$9,060
Home Insurance *$134$1,608
Property Taxes $232$2,784
Electricity $238$2,859
Total$1,359$16,308
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$46,594/yr
40% on housing$40,770/yr
45% on housing$36,240/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$147This listing

vs Other Active Listings

Avg $/sqft

ZIP 76711$80
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76711$148
McLennan County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-06Price change$159,500
2026-02-23Price change$169,500
2026-01-06Listed for sale$179,500

For Sale by Agent

AgentLana Honey
BrokerageTexas Luxury and Land

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