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$593,000

NAL Estimated Property Value

195 Rayford Dr, Lorena, TX, 76655

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,980 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$302.53 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven
FlooringHardwood, Tile

Exterior

Lot Size1.19 acres

Building Information

Year Built2024
Stories1
Roof Type105
Garage Spaces2

Land Information

APN303346000016000
Lot Number2
SubdivisionSouthern Heights
Land UseResidential
Legal DescriptionSOUTHERN HEIGHTS LOT 2 BLOCK 3 ACRES 1.186
Census Tract003801
Assessed Land Value$71,290
Assessed Improvement Value$492,600
Assessment Year2025

About this property

Stunning farm house sitting on just a little over an acre. A property that offers the perfect blend of comfort, functionality, and space to spread out. Situated in a desirable location with easy access to Waco and surrounding areas, this property features a versatile 30 x 40 shop ideal for hobbies, storage, a home business, or additional workspace. The spacious shop provides endless possibilities with ample room for equipment, vehicles, recreational toys, or workshop needs. Whether you're looking for extra storage, a place to work on projects, or room to grow, this property delivers both convenience and flexibility. Enjoy the peaceful setting of Lorena while still being close to schools, shopping, dining, and major highways. A rare opportunity to own a property with valuable shop space and small-town charm.

Investor Tools

Property Icon
$593,000
Estimated Property Value
$0Estimated Mortgage Balance
$593,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$328/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$977
$563,890
2025
$71,290
$492,600
$563,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$977
$563,890

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$593,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
N/A
+$1,540/mo
3.1%

City: Lorena

195 Rayford Dr | Property Details | No Agent List