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$377,942

11001 Tree Lake Dr, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$194.44 / sqft
Year BuiltBuilt in 1980

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Microwave
FlooringTile, Vinyl

Exterior

Lot Size1 acre

Building Information

Year Built1980
Stories1
Roof Type105
Garage Spaces6

Land Information

APN180390070011004
Lot Number11
SubdivisionStone Tr
Land UseResidential
Legal DescriptionSTONE TR LOT 11 BLOCK A ACRES 1.0
Census Tract004105
Assessment Year2025

About this property

Here's a one in a million opportunity. Spacious home sitting on 5+ acres in China Spring ISD for less than $400k. Great option to own a little ranchette in town or maybe update and turn it into a beautiful flip. If you're open to having additional homesites, you might decide to sub-divide and build. Any direction you go adds up to a good investment. Nearly 2000 sqft of living space including 2 large living areas plus a formal dining room and a bonus or sunroom. If you're in need of a massive garage or workshop, take a look inside the additional 1200 ft building.

Investor Tools

Property Icon
$377,942
Estimated Property Value
$372,847Estimated Mortgage Balance
$7,798Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,310 /month
Positive
Cash Flow Estimate:
$770 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$642/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,809
$377,942
2025
N/A
N/A
$401,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,809
$377,942

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Va
$372,847
Yes
First
Dec 9, 2025
Jan 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$370,144
$7,798
2%
98%
$2,236/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$2,236/mo
$-906/mo
4.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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11001 Tree Lake Dr | Property Details | No Agent List