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$292,000

NAL Estimated Property Value

11209 Patera Street, Waco, TX, 76655

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,469 Sq Ft
price_per_sqft$200.81 / sqft
Year BuiltBuilt in 2026

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesOther
Lot Size7,187 sqft

Building Information

Garage Spaces2

Land Information

APN364058020005210
Lot Number21
SubdivisionPark Meadows South Ph 2
Land UseRes Inventory Vacant Land
Legal DescriptionPARK MEADOWS SOUTH PH 2 LOT 21 BLOCK 5 ACRES 0.165
Census Tract003708
Assessed Land Value$41,040
Assessment Year2025

About this property

Welcome to 11209 Patera Street in charming Waco, TX! This beautiful 3-bedroom, 2-bathroom home features the sought-after Trinity floor plan and offers 1,469 square feet of thoughtfully designed living space. Step inside to discover an inviting open-concept layout, perfect for everyday life and entertaining. Unique architectural touches lend warmth and personality throughout the home. With a smart, versatile floor plan, it’s ideal for families or anyone who loves to host. The spacious living area flows seamlessly into the kitchen and dining spaces, creating a welcoming atmosphere for gatherings. Verify School District. Additional highlights include a 2-car garage and a convenient location close to schools, shopping, dining, and more. Don’t miss your chance to call this stunning property home—schedule your private tour today! Start Your 2026 Story With Us — where craftsmanship meets the moments that matter most. Now offering interest rates as low as 2.99% with a 2-1 buydown (6.23% APR)* on select homes, making this a great opportunity to begin your buyer’s home search. Incentives available on select homes only and may vary by community and homesite with preferred lender. Restrictions apply. Contact the sales team for complete details.

Investor Tools

Property Icon
$292,000
Estimated Property Value
$2,965,015Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$289
$41,040
2025
$41,040
N/A
$41,040
No

Tax History

Year
Tax Paid
Assessed Value
2024
$289
$41,040

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Na
Commercial
$3,000,000
No
First
Sep 19, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$2,965,015
N/A
0%
1015%
$17,987/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.

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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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11209 Patera Street | Property Details | No Agent List