$290,000

508 Karen Dr Unit 512 Hewitt, TX 76643

Estimated payment $1,889/month

Total Views 162
4 Beds
4 Baths
2,323 Sq Ft
$125 Price per Sq Ft

Highlights

  • Private Yard
  • Walk-In Closet
  • 1-Story Property
  • Castleman Creek Elementary School Rated A
  • Ceramic Tile Flooring
  • 4 Detached Carport Spaces

About This Home

This all-brick duplex features two spacious 2-bedroom, 2-bath units being sold together. Each unit includes a comfortable living area, dedicated laundry space, and covered parking.

Both units are currently tenant-occupied, providing immediate rental income. Rents have not been raised in several years, leaving strong potential for increased cash flow with updates to market rates. The property also features a large fenced backyard, mature trees, and a convenient location near shopping, dining, and schools.

Listing Agent

Camie Cross

Logan Capital Real Estate, PLLC License #0688965 Listed on: 10/23/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,418

Year Built

  • Built in 1981

Lot Details

  • 0.34 Acre Lot
  • Wood Fence
  • Private Yard

Home Design

  • Duplex
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1-Story Property
  • Fire and Smoke Detector

Kitchen

  • Electric Oven
  • Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Linoleum
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms

Parking

  • 4 Detached Carport Spaces
  • No Garage
  • Driveway

Outdoor Features

  • Outdoor Storage

Schools

  • Castleman Creek Elementary School
  • Midway High School

Utilities

  • Central Air
  • Heating Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 2 / 7
  • Assessor Parcel Number 363410000054005

Community Details

Overview

  • 2 Units
  • 2,323 Sq Ft Building
  • Wiethorn Subdivision

Amenities

  • Community Mailbox

Building Details

  • Gross Income $19,200
  • Net Operating Income $13,782

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,418

Year Built

Built in 1981

Lot Details

0

Listing Details

  • OWNERNAME: SCHLOSS PROPERTIES LTD
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Security: Smoke Detector(s)
  • Year Built Details: Preowned
  • CapRate: 4.75
  • Co List Office Mls Id: A829589868
  • Special Features: VirtualTour
  • Year Built: 1981

Interior Features

  • Interior Amenities: Cable TV, Walk-In Closet(s)
  • Flooring: Carpet, Ceramic Tile, Linoleum
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 4
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Slab
  • Community Features: Community Mailbox, Curbs
  • Fencing: Wood
  • Roof: Asphalt, Shingle
  • Construction Materials: Brick
  • Exterior Features: Private Yard, Storage
  • Pool Features: None
  • Waterfront: No
  • RoadFrontageType: All Weather Road

Garage/Parking

  • Cooling System: Central Air
  • Carport Spaces: 4.0
  • Parking Features: Covered, Carport, Detached Carport, Driveway, No Garage
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Utilities: Electricity Connected, Phone Available, Sewer Available, Water Available, Cable Available
  • Heating Yn: Yes

Schools

  • Elementary School: Castleman Creek
  • High School: Midway
  • Junior High Dist: Midway ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.34
  • Parcel Number: 363410000054005
  • Lot Size Acres: 0.34
  • Lot Size Sq Ft: 14810.4

Building Info

  • Year Built: 1981
  • Units Total: 2

Multi Family

  • Insurance Expense: 4500.0
  • Annual Gross Income: 19200.0
  • Property Net Operating Income: 13782.0

Tax Info

  • TaxBlock: 7
  • Tax Lot: 2
  • Tax Annual Amount: 4418.0

MLS Schools

  • MiddleOrJuniorSchool: Midway

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $4,499 $227,410 $29,470 $197,940
2024 $4,499 $233,370 $29,470 $203,900
2023 $4,862 $250,070 $29,470 $220,600
2022 $5,014 $229,990 $29,470 $200,520
2021 $4,520 $188,110 $29,470 $158,640
2020 $4,144 $171,070 $28,070 $143,000
2019 $4,288 $172,030 $26,730 $145,300
2018 $4,122 $163,880 $25,460 $138,420
2017 $3,502 $138,200 $17,320 $120,880
2016 $3,386 $133,640 $16,980 $116,660
2015 $3,123 $124,030 $16,650 $107,380
2014 $3,123 $122,720 $16,320 $106,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2025 10/23/25 For Sale $290,000 -- $125 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- First American Title Waco
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $95,250 Purchase Money Mortgage
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21092574

North Texas Real Estate Information Systems (NTREIS)

APN: 36-341000-005400-5

Texas Mclennan County Hewitt 76643

508 Karen Dr Unit 512, Hewitt, TX

This home is located at 508 Karen Dr Unit 512, Hewitt, TX 76643 and is currently priced at $290,000, approximately $124 per square foot. This property was built in 1981. 508 Karen Dr Unit 512 is a home located in McLennan County with nearby schools including Castleman Creek Elementary School, Midway Middle School, and Midway High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

North Texas Real Estate Information Systems (NTREIS) Listing information provided in part by the North Texas Real Estate Information Systems, Inc, for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. All information is deemed reliable but not guaranteed. Copyright © NTREIS 2025. All rights reserved

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Camie Cross
Listing Agent
Camie Cross
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Logan Capital Real Estate, PLLC
(254) 275-6786