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$391,851

NAL Estimated Property Value

105 N Lacy Drive, Waco, TX, 76705

Off MarketInfo
Baths0 Bath
Baths4,832 Sq Ft
Year BuiltBuilt in 2011

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Refrigerator

Exterior

Lot Size13,678 sqft

Building Information

Year Built2011
Stories2
Roof Type105

Land Information

APN200245070001030
Lot Number3
SubdivisionLacy Center
Land UseApartments Residential Multi Family
Legal DescriptionLACY CENTER LOT 3 BLOCK 1 ACRES .314
Census Tract001402
Assessed Land Value$51,290
Assessed Improvement Value$340,561
Assessment Year2025

About this property

This listing covers four property ID's. 376015,376016,376017,376018 105-111 N. Lacy Dr. Built in 2011 113-127 N. Lacy Dr. Built in 2012 129-169 N. Lacy Dr. Built in 2015 101 S. New Dallas Hwy Built in 2018 Newer property with 42 total units. 21 one bedroom/one bath, 14 2 bedroom/1.5 bath and 7 2 bedroom/2 bath. Bulit in 2011, 2012, and 2015. All 1 bedrooms are ALL BILLS PAID. That includes water, electric and gas. 4 of the 2/1.5 units have the water/gas paid by the owner. All of the remaining units, the owner only pays the gas. There are 2 laundry facilities on property and a managers office. Please Documents for Rent Roll and Spreadsheet.

Investor Tools

Property Icon
$391,851
Estimated Property Value
$0Estimated Mortgage Balance
$391,851Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$21,000 /month
Positive
Cash Flow Estimate:
$7,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$989/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,903
$391,851
2025
$51,290
$340,561
$391,851
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,903
$391,851

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$391,851
100%
0%
$0/mo

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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105 N Lacy Drive | Property Details | No Agent List