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Street View

$460

16124 Gholson Rd, Waco, TX, 76705

Off MarketInfo
Baths0 Bath
Unimproved LandUnimproved Land

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size5.01 acres

Land Information

APN241056000089050
SubdivisionWare Mary
Land UseAgriculture / Farming
Legal DescriptionWARE MARY ACRES 5.014
Census Tract004202
Assessed Land Value$460
Assessment Year2025

About this property

5 Acre Tract Near Waco – Ready for Your Dream Home! Discover this breathtaking 5 acre property just north of Waco offering the perfect backdrop for your custom dream home. With a brand new water meter recently installed and electricity available through Hilco Coop, this parcel is primed and ready to go. A new driveway with culvert has already been started, adding convenience and accessibility. Adjacent to a private pond and surrounded by several newly built homes, this property offers a serene setting giving you the flexibility to create your ideal country retreat. Enjoy peaceful surroundings, beautiful views, established trees and ample space for your future home, outdoor activities, or hobby farm. Don’t miss out on this amazing opportunity—your perfect slice of Texas countryside awaits!

Investor Tools

Property Icon
$460
Estimated Property Value
$100,500Estimated Mortgage Balance
$0Estimated Equity
-21748% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$839 /month
Positive
Cash Flow Estimate:
$280 /month

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Financing Details

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

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5
$460
2025
$460
N/A
$52,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5
$460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Na
Unknown
$100,500
No
First
Apr 29, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,580
N/A
0%
21430%
$603/mo

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.

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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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16124 Gholson Rd | Property Details | No Agent List