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B+
NoAgentList RatingHow are grades calculated? Info

$270,000

10121 Salem Way, Waco, TX, 76708

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,684 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$166.21 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Oven, Microwave
FlooringCarpet, Ceramic Tile

Exterior

Lot Size9,091 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180909080001130
Lot Number13
SubdivisionWillow Bend
Land UseResidential
Legal DescriptionWILLOW BEND LOT 13 BLOCK 1 ACRES .2087
Census Tract004105
Assessed Land Value$35,280
Assessed Improvement Value$214,720
Assessment Year2025

About this property

Traditional charm meets practical living in this spacious, move-in ready, 4 bedroom, 2 bath home with flex space, located in desirable China Spring ISD. The floor plan is overly accommodating with a spacious living area featuring vaulted ceilings & a wood burning fireplace, a generously sized kitchen with island & loads of cabinet & counter space, an open dining area, plus an additional flex space, perfect for an office nook or play area. The Primary suite is situated to the front of the home with a sizable en suite featuring dual vanity spaces & dual closets for storage. The guest bedrooms are ample-sized with nice closet space. Outdoors, you have a covered patio space that overlooks the privacy fenced backyard, perfect for enjoying evenings at home. Home has been freshly painted throughout and is ready for new owners!!

Investor Tools

Property Icon
$270,000
Estimated Property Value
$146,250Estimated Mortgage Balance
$141,132Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,679 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$576/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,563
$250,000
2025
$35,280
$214,720
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,563
$250,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$146,250
No
First
Apr 6, 2020
May 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,868
$141,132
52%
48%
$877/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$877/mo
+$493/mo
6.1%

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 Salem Way | Property Details | No Agent List