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B+
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$550,000

1614 River Rd, Waco, TX, 76705

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,289 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$240.28 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave, Vented Exhaust Fan
FlooringConcrete, Laminate, Tile, Vinyl

Exterior

Exterior FeaturesFire Pit
Lot Size7.09 acres

Building Information

Year Built2005
Stories1
Roof Type105

Land Information

APN240283000060040
SubdivisionDees Nalcisso
Land UseAgriculture / Farming
Legal DescriptionDEES NALCISSO ACRES 7.09
Census Tract004202
Assessment Year2025

About this property

Discover a hidden gem in Gholson, Texas, where serene seclusion meets the charm of country living. Set on 7 picturesque acres, this 2,289 sqft home is a retreat of comfort and tranquility. The 3-bedroom, 2.5-bath layout is thoughtfully designed, featuring an isolated master suite, a second living area/ flex room bathed in natural light, thanks to a full wall of windows that frame the breathtaking landscape outside. Soaring 10-foot ceilings in the kitchen, dining, and living rooms add an airy elegance to the heart of the home. The land itself is nothing short of amazing. As the wind dances through the oak, cedar and mulberry, the rustling leaves mimic the soothing sound of ocean waves. Wildflowers blanket the property seasonally, while wildlife sightings are a daily delight. This is a place where nature’s beauty is always on display. At the heart of the property lies a massive 1800 sqft shop with a 1200 sqft canopy , a haven for creativity and craftsmanship. With multiple 220V outlets, a compressor pad, and an installed airline with numerous compressed-air outlets, the possibilities are limitless. This is a space where dreams are built, whether they’re personal projects or professional pursuits. Privacy reigns here and the land offers endless potential, whether you’re envisioning a homestead, a thriving hobby farm, or simply a peaceful retreat. A chicken coop and run are already in place, waiting for someone to call it home. For those who love to entertain, this property is a dream come true. A dedicated area including a sprawling treehouse, zip line and a ton of extra room for outdoor adventures. Three fire pits invite gatherings under the stars, with one large pit overlooking the meadow and two smaller ones perfect for roasting s’mores! As the Fourth of July and New Year’s Eve roll around, the end of the driveway becomes the best seat in the house, offering a panoramic view of fireworks across Waco. A large, covered back patio provides the per

Investor Tools

Property Icon
$631,360
Estimated Property Value
$0Estimated Mortgage Balance
$631,360Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,788 /month
Positive
Cash Flow Estimate:
$1,263 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$667/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,846
$631,360
2025
N/A
N/A
$639,650
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,846
$631,360

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$631,360
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
N/A
+$1,354/mo
2.6%

Learn About the Market: Opportunity in Texas

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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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