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$436,000

NAL Estimated Property Value

1990 Sommerfeld Dr, Waco, TX, 76705

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,199 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.05 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringVinyl

Exterior

Lot Size1.76 acres

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN260376100002000
Lot Number2
SubdivisionGrace Landing
Land UseResidential
Legal DescriptionGRACE LANDING LOT 2 BLOCK 1 ACRES 1.764
Census Tract003602
Assessed Land Value$29,950
Assessed Improvement Value$399,161
Assessment Year2025

About this property

Back on market, buyer’s home sale fell through - inspection and appraisal available by request. It’s a country setting and city convenience It’s clean, contrasting lines and modern design It’s a lake view within reach It’s peace of mind and stability It’s the best of all worlds It’s 1990 Sommerfeld Dr. And now it’s finally for sale, for you. Proudly presenting the house that you have been looking for, just outside of town. 1990 Sommerfeld Drive is a four bedroom, three bathroom, 2,200 square foot home with space to spread out and take in the setting. This property combines the convenience and access you want with the space you need. Built in 2021, the vaulted ceilings, deliberate design, perfect execution, and modern finishes all blend together perfectly to create the type of house that feels like home. The open kitchen-dining-living room area brings everyone together while the four spacious bedrooms offer privacy to unwind. Granite counters, custom shaker cabinets, modern fixtures, large energy-efficient windows, walk-in closets, covered back patio, EV charger, backup battery, and proximity to Tradinghouse Creek Reservoir, make this property unique in the best ways. Call for your private tour today.

Investor Tools

Property Icon
$436,000
Estimated Property Value
$298,843Estimated Mortgage Balance
$137,157Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,639 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$560/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,544
$429,111
2025
$29,950
$399,161
$429,111
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,544
$429,111

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$328,500
No
First
Aug 26, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$298,843
$137,157
31%
69%
$1,970/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$1,970/mo
$-616/mo
3.7%

City: Waco

1990 Sommerfeld Dr | Property Details | No Agent List