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$336,000

NAL Estimated Property Value

1421 Meadow Mountain Drive, Waco, TX, 76712

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,844 Sq Ft
price_per_sqft$184.33 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Washer

Exterior

Lot Size12,750 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces2

Land Information

APN361500000081251
Lot Number29
SubdivisionWestern Ridge Est
Land UseResidential
Legal DescriptionWESTERN RIDGE EST LOT 29 BLOCK 11 ACRES .2927
Census Tract003711
Assessed Land Value$44,750
Assessed Improvement Value$271,350
Assessment Year2025

About this property

Beautifully updated 4 bedroom, 2 bath in highly sought-after Midway ISD! This well-maintained 2000-built home features hardwood style vinyl plank floors, an open layout, and a cozy wood-burning fireplace. The kitchen shines with white cabinetry, granite countertops, stainless steel appliances, and a chandelier-lit dining nook with arched windows. All of this made more serene with the tons of natural light radiating from the many big windows through-out the home. The primary suite offers a soaking tub, separate shower, and dual-sink vanity. Out back, a custom metal roof pergola creates the perfect outdoor retreat over a spacious fenced yard. Located in an established neighborhood just minutes from HEB, Walmart, and everything Hewitt Drive has to offer. This one won’t last so schedule your showing today!

Investor Tools

Property Icon
$336,000
Estimated Property Value
$0Estimated Mortgage Balance
$336,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,039 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$604/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,570
$316,100
2025
$44,750
$271,350
$316,100
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,570
$316,100

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$336,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
N/A
+$1,520/mo
5.4%

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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