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B+
NoAgentList RatingHow are grades calculated? Info

$375,650

10148 Orchid Ln, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,660 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2004

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Refrigerator

Exterior

Lot Size14,231 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces4

Land Information

APN180210040006060
Lot Number6
SubdivisionCougar Ridge Pt 3
Land UseResidential
Legal DescriptionCOUGAR RIDGE PT 3 LOT 6 BLOCK 6 ACRES .3267
Census Tract004105
Assessed Land Value$35,000
Assessed Improvement Value$340,650
Assessment Year2025

About this property

Investment property. Great duplex in China Spring ISD. Roof replaced in 2023. 100% occupied. Short drive to Baylor, Magnolia Silos, MCC, TSTC, Waco Regional Airport, and Lake Waco. Each unit has 3 beds and 2 baths, privacy fenced backyard, and 2 car garages. Great property whether your just starting your rental portfolio or looking to add another one.

Investor Tools

Property Icon
$375,650
Estimated Property Value
$262,500Estimated Mortgage Balance
$125,062Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$841/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,210
$375,650
2025
$35,000
$340,650
$375,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,210
$375,650

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$262,500
No
First
Nov 7, 2023
Dec 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,588
$125,062
33%
67%
$1,574/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,574/mo
$-244/mo
4.2%

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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10148 Orchid Ln | Property Details | No Agent List