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$634,000

10215 China Spring Rd, Waco, TX, 76708

Under ContractInfo
CommercialInfo
Baths0 Bath
Baths3,531 Sq Ft
BusinessBusiness
Year BuiltBuilt in 2004

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringConcrete

Exterior

Lot Size24,089 sqft

Building Information

Year Built2004
Stories1
Roof Type112

Land Information

APN180210030002000
Lot Number1A
SubdivisionCougar Ridge Pt 2
Land UseCommercial
Legal DescriptionCOUGAR RIDGE PT 2 LOT 1A BLOCK 2 ACRES 0.553
Census Tract004104
Assessed Land Value$207,770
Assessed Improvement Value$252,230
Assessment Year2025

About this property

North side of China Spring Rd SH1637 with direct road frontage, surface parking with drive-around circulation, west side borders Granada Dr, near intersection of Saddle Creek Rd, neighboring uses include restaurant, tobacco shop, auto detailing, and insurance offices, residential subdivision to the north along Valencia Dr, C3 zoning, 0.55 AC 22,216 SF lot, single-story masonry building 4,500 SF, built 2003

Investor Tools

$0Estimated Mortgage Balance
$460,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,804 /month
Positive
Cash Flow Estimate:
$1,268 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,045/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,236
$460,000
2025
$207,770
$252,230
$460,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,236
$460,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$460,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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.

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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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10215 China Spring Rd | Property Details | No Agent List