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$314,820

NAL Estimated Property Value

10513 Rayburn Way, Waco, TX, 76708

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,621 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.32 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesNone
FlooringCarpet, Ceramic Tile, Laminate

Exterior

Lot Size10,799 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180034000003090
Lot Number9
SubdivisionReserve @ Lakeland Meadows
Land UseResidential
Legal DescriptionRESERVE @ LAKELAND MEADOWS LOT 9 BLOCK 3 ACRES .2479
Census Tract004105
Assessed Land Value$34,670
Assessed Improvement Value$280,150
Assessment Year2025

About this property

Welcome to this cozy and inviting home nestled on a beautifully shaded lot in the highly sought-after China Spring ISD. Enjoy the serene surroundings from the front, back, and side porches—perfect for relaxing or entertaining. Step inside to a warm and open floorplan featuring a spacious family room with built-ins, a dedicated dining area, and a centrally located kitchen complete with an island for added functionality. The isolated primary suite offers a peaceful retreat with a large en-suite bathroom that includes a walk-in shower, oversized soaking tub, and dual vanities. Three additional bedrooms share a charming hall bath with a tub-shower combo, stylish vanity, and attractive flooring. Additional highlights include a laundry room, two-car front-entry garage, sprinkler system, new roof, and an outdoor storage shed. The private backyard is ideal for enjoying quiet evenings or gatherings with friends and family. Located in a friendly neighborhood with top-rated schools, this home is the perfect blend of comfort, functionality, and location. Come see why this is the perfect place to call home!

Investor Tools

Property Icon
$314,820
Estimated Property Value
$295,540Estimated Mortgage Balance
$19,280Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$548/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,003
$314,820
2025
$34,670
$280,150
$314,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,003
$314,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Fha
$299,475
Yes
First
Aug 1, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$295,540
$19,280
6%
94%
$1,796/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,796/mo
$-426/mo
5.2%

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.

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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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10513 Rayburn Way | Property Details | No Agent List