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$718,000

NAL Estimated Property Value

1124 Queen Elizabeth Dr, Waco, TX, 76657

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,815 Sq Ft
price_per_sqft$257.55 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Double Oven
FlooringBrick, Carpet, Tile, Vinyl

Exterior

Exterior FeaturesDog Run
Lot Size38,551 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces3

Land Information

APN363053030001260
Lot Number26
SubdivisionBuckingham Estates Addition Part Five
Land UseResidential
Legal DescriptionBUCKINGHAM ESTATES ADDITION PART FIVE LOT 26 BLOCK 1 ACRES .885
Census Tract003902
Assessed Land Value$88,660
Assessed Improvement Value$514,000
Assessment Year2025

About this property

Tucked away at the edge of a quiet cul-de-sac, this beautiful 4-bedroom, 3-bath home sits on a private, almost an acre tree filled lot with a small portion of Bear Creek running along the back—offering a peaceful setting and frequent deer sightings from your back patio. Built in 2023, this thoughtfully designed two-story home features an open-concept layout, a spacious upstairs bonus living area with an office nook. The main level flows seamlessly between the kitchen, dining, and living areas—perfect for everyday living and entertaining. The kitchen includes granite countertops, stainless steel appliances, a pantry, and a large island for extra prep space. A wood-burning fireplace adds warmth and coziness to the main living room. Downstairs, two bedrooms share a convenient Jack and Jill bathroom, while the generously sized primary suite offers privacy and comfort with a vaulted ceiling. The ensuite bath features a large soaking tub, separate walk-in shower, double vanities, and an oversized walk-in closet. Located in Midway ISD and near River Valley Middle School, this home blends natural beauty, smart design, and a prime location. This is your chance for privacy and convenience—schedule your private showing today!

Investor Tools

Property Icon
$718,000
Estimated Property Value
$697,709Estimated Mortgage Balance
$20,291Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,350 /month
Positive
Cash Flow Estimate:
$1,450 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,444
$602,660
2025
$88,660
$514,000
$602,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,444
$602,660

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Investor Non-Conforming Loan
$707,000
No
First
Aug 25, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$697,709
$20,291
2%
97%
$4,239/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$4,239/mo
$-2,609/mo
2.7%

City: Waco

1124 Queen Elizabeth Dr | Property Details | No Agent List