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$466,000

NAL Estimated Property Value

11209 Tree Lake Dr, Waco, TX, 76708

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,981 Sq Ft
price_per_sqft$251.84 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher
FlooringCarpet

Exterior

Lot Size38,193 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180354100001050
Lot Number5
SubdivisionSpring Wood
Land UseResidential
Legal DescriptionSPRING WOOD LOT 5 BLOCK 1 ACRES .8768
Census Tract004105
Assessed Land Value$48,130
Assessed Improvement Value$450,490
Assessment Year2025

About this property

NEED GUEST QUARTERS? Look no further! The main home offers 4 bedrooms and 3 baths, while the guest cottage has its' own fireplace, wet bar, and bath! Total Living Area: Appx 2,467 SF per MCAD (main home + guest quarters) Pride of ownership is obvious indoors and out! This beautifully updated 4 bedroom, 3 bath home is located in China Spring ISD, just minutes from Lake Waco Golf Club and a Lake Waco boat ramp. Built in 2005, the main home features a bright, open-concept layout with fresh updates to most finishes throughout the home. Truly move-in ready, this home has undergone extensive renovations, including granite counters and beautiful subway tile in the kitchen, updated flooring, paint, and lighting throughout the home, and much more. Beautiful natural lighting, a brick fireplace, and a split floor plan create a serene setting. Step out back to experience a true backyard oasis with a spacious patio, custom lighting, flagstone pavers that lead out into the lawn, extensive established landscaping, scattered trees for privacy, and plenty of space for the pool of your dreams! The spacious lot provides ample space for a half court, dog run, garden, and more. Located just off the back patio, detached guest quarters offer nearly 500 SF of quality construction—ideal for hosting extended visitors, caretakers, a home office, or studio space. The guest quarters has a shower bath, closet for storage, a beautiful brick fireplace, and wet bar. Great care was taken to ensure the guest quarters would blend seamlessly with the main home. Total Living Area: Appx 2,467 SF per MCAD (main home + guest quarters)

Investor Tools

Property Icon
$466,000
Estimated Property Value
$443,524Estimated Mortgage Balance
$22,476Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,993 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,239
$455,158
2025
$48,130
$450,490
$498,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,239
$455,158

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Conventional
$445,455
No
First
Feb 4, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$443,524
$22,476
4%
95%
$2,671/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$2,671/mo
$-1,301/mo
3.5%

City: Waco

11209 Tree Lake Dr | Property Details | No Agent List