$1,427,000
NAL Estimated Property Value1901 Ridgewood Dr, Waco, TX, 76710
Off Market
Property Lead Type:
Off-Market ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesGas Water Heater, Tankless Water Heater, Disposal, Double Oven, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Concrete, Wood
Exterior
Exterior FeaturesRain Gutters
Lot Size1.02 acres
Building Information
Year Built1957
Stories2
Roof Type112
Garage Spaces2
Land Information
APN480007020002000
Lot Number2
SubdivisionAnderson Gilbert I
Land UseResidential
Legal DescriptionANDERSON GILBERT I BLOCK 1 LOT 2 AC .966, BETSY BLOCK A LOT 3B .051 AC TOTAL 1.017 AC
Census Tract002501
Assessed Land Value$207,770
Assessed Improvement Value$923,530
Assessment Year2025
Investor Tools
$1,427,000
Estimated Property Value
$452,530Estimated Mortgage Balance
$974,470Estimated Equity
68% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$8,562 /month
Positive
Cash Flow Estimate:
$2,854 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,799/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$26,459
$1,131,300
2025
$207,770
$923,530
$1,131,300
No
Tax History
Year
Tax Paid
Assessed Value
2024
$26,459
$1,131,300
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bancorpsouth Bank
Conventional
$510,400
No
First
Jul 31, 2020
Aug 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$452,530
$974,470
68%
32%
$3,061/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$3,061/mo
$-1,707/mo
1.1%
