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$362,000

1300 Mesa Verde Dr, Waco, TX, 76712

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,087 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.89 / sqft
Year BuiltBuilt in 1989

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, Dryer, Electric Cooktop, Electric Oven, Microwave, Refrigerator, Washer

Exterior

Lot Size10,681 sqft

Building Information

Year Built1989
Stories1
Roof Type105
Garage Spaces2

Land Information

APN361500000036001
Lot Number3
SubdivisionWestern Ridge Est
Land UseResidential
Legal DescriptionWESTERN RIDGE EST LOT 3 BLOCK 3 ACRES .2452
Census Tract003712
Assessed Land Value$41,760
Assessed Improvement Value$302,240
Assessment Year2025

About this property

Welcome to this beautifully maintained three bedroom, two bathroom home offering just over 2,000 square feet of comfortable living space. Situated in a quiet, and highly desirable neighborhood. This property boasts solid bones, and a layout that perfectly balances function and flexibility. Inside, you’ll find a dedicated office flex space, ideal for working from home or a potential fourth bedroom. This home has never been smoked in leaving you with a well cared for property reflecting years of thoughtful maintenance along with a serviced HVAC in 2024.With its prime location, peaceful surroundings and strong structural condition this home is an exceptional value. It’s priced very well for its condition, making it the perfect opportunity for anyone looking for quality and long-term potential. Outside, you will find a spacious yard that offers plenty of room to relax or entertain. The property is fully fenced, providing security and set up for outdoor activities. Enjoy year-round living beneath the covered patio, an ideal spot for morning coffee. Come see see this beautiful home.

Investor Tools

Property Icon
$362,000
Estimated Property Value
$354,050Estimated Mortgage Balance
$0Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$534/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,593
$344,000
2025
$41,760
$302,240
$344,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,593
$344,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lubbock National Bank
Credit Line (Revolving) / Heloc
$25,000
No
First
Aug 11, 2022
Aug 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$376,316
N/A
0%
104%
$2,277/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$2,277/mo
$-807/mo
4.9%

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.

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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