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B+
NoAgentList RatingHow are grades calculated? Info

$409,700

1413 Fossil Ridge Trail, Waco, TX, 76712

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,393 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.21 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Tankless Water Heater
FlooringCarpet, Concrete

Exterior

Exterior FeaturesRain Gutters, Lighting, Private Yard, Other
Lot Size11,626 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362274000002018
Lot Number1
SubdivisionFossil Ridge
Land UseResidential
Legal DescriptionFOSSIL RIDGE LOT 1 BLOCK 2 ACRES .2669
Census Tract003712
Assessed Land Value$50,110
Assessed Improvement Value$374,630
Assessment Year2025

About this property

Seller willing to pay $2000 towards closing costs! Welcome Home! Discover this bright, airy home in Midway ISD, where elegance meets functionality. With 4 bedrooms and 2.5 bathrooms, this residence beams with natural light, high ceilings and tall windows. Features include an elegant formal dining or sitting room, a gas fireplace, built ins, a smart home system, and surround sound. The open concept kitchen offers plenty of custom wood cabinetry and granite counter space. Wired for an emergency generator, this home ensures peace of mind during all weather. Tucked on a cornet lot, the versatile backyard, half grass and half smooth concrete, is perfect for outdoor fun, be it playtime or sports like pickleball and basketball. Experience all that 1413 Fossil Ridge has to offer, schedule a visit today!

Investor Tools

Property Icon
$424,740
Estimated Property Value
$0Estimated Mortgage Balance
$38,347Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,548 /month
Positive
Cash Flow Estimate:
$849 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,005/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,937
$424,740
2025
$50,110
$374,630
$424,740
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,937
$424,740

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Finance Services Llc
Conventional
$389,215
No
First
Nov 14, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$386,393
$38,347
9%
91%
$2,334/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
$2,334/mo
$-814/mo
4.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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