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$230,000

10121 Colony Dr, Waco, TX, 76708

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,302 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$176.65 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size4,404 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180210040001050
Lot Number5
SubdivisionCougar Ridge Pt 3
Land UseResidential
Legal DescriptionCOUGAR RIDGE PT 3 LOT 5 BLOCK A ACRES .1011
Census Tract004105
Assessed Land Value$21,040
Assessed Improvement Value$198,830
Assessment Year2025

About this property

A 2.75% assumable VA oan is available for qualified buyers!!!! Discover the charm of this 3-bedroom, 2-bathroom home in the peaceful Cougar Ridge Addition of Waco, TX. Situated in a quiet cul-de-sac, this property offers an open floor plan ideal for relaxation and entertaining. Home is located in the China Srping ISD. Step inside to enjoy a bright interior where natural light pours through large windows, enhancing the living area’s spacious feel. The stylish living room flows seamlessly into a modern kitchen, equipped with granite countertops, and a refrigerator—perfect for culinary enthusiasts. The primary suite serves as a serene retreat, featuring a spacious bedroom and an ensuite bath. Two additional bedrooms offer versatility for a home office or guest bedroom. Located on a cul-de-sac, the property ensures minimal traffic for a peaceful neighborhood vibe. The two-car garage provides ample parking and storage space. Enjoy tranquil community living with easy access to Waco.

Investor Tools

$207,782Estimated Mortgage Balance
$20,218Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,380 /month
Positive
Cash Flow Estimate:
$460 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,479
$219,870
2025
$21,040
$198,830
$219,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,479
$219,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc D/B/A Veter
Va
$227,106
Yes
First
Nov 2, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$207,782
$20,218
8%
91%
$1,362/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,362/mo
$-32/mo
7.0%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waco

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10121 Colony Dr | Property Details | No Agent List