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$1,139,999

20 Independence Trl, Waco, TX, 76708

On MarketInfo
Beds5 Beds
Baths6 Bath
Baths5,020 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$227.09 / sqft
Year BuiltBuilt in 2013

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 5Bathrooms Full 5
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesRefrigerator, Built-In Gas Range, Built-In Refrigerator, Dishwasher, Disposal, Microwave
FlooringCeramic Tile, Concrete

Exterior

Lot Size3.13 acres

Building Information

Year Built2013
Stories1
Roof Type105
Garage Spaces6

Land Information

APN180003000001250
Lot Number25
SubdivisionAustin Colony Addn Pud
Land UseResidential
Legal DescriptionAUSTIN COLONY ADDN PUD LOT 25 BLOCK 1 ACRES 3.1344
Census Tract004105
Assessed Land Value$102,550
Assessed Improvement Value$1,205,660
Assessment Year2025

About this property

Stunning 5-bedroom, 6-bathroom estate, on 3.1344 acres within the highly sought-after Austin Colony in the China Spring ISD a harmonious blend of elegance and modernity. Step inside to high ceilings and an open floor plan designed for both relaxation and grand entertaining, an office or dining room, fireplace, plantation shutters, crown molding, and concrete floors throughout. The gourmet kitchen, a culinary masterpiece, showcases top-of-the-line stainless steel appliances, gas stove, custom cabinetry, and a spacious island that serves as the heart of the home. The primary suite is a private retreat with lavish en-suite facilities, including a deep soaking tub, walk-in rain shower, and dual vanities. Each additional bedroom is generously sized, with private bath access. Indoor also features a private media room, an oversized laundry room with sink and ample cabinets to ensure functionality for everyday living, a computer nook, mud room, and a whole home generator. Outdoor, dive into the sparkling saltwater fiberglass pool, or enjoy BBQ outdoor kitchen area for dining and gatherings under the TX stars. The property also includes a three-car garage, and 30 x 30 2 garage door workshop with a heat & cool mini split providing ample room for vehicles and additional storage. The 1300 square foot pool house includes its very own open concept living, dining, and kitchen area, with a bedroom, bath, and very large office with custom cabinets, and its own private patio. Every detail of this gated residence in this private community speaks to a life of luxury, where sophistication meets comfort.

Investor Tools

Property Icon
$1,129,000
Estimated Property Value
$543,000Estimated Mortgage Balance
$635,968Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$6,840 /month
Positive
Cash Flow Estimate:
$2,280 /month

Interested in this property?

Dana Mitchell

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$2,027/month
$425/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$18,675
$1,099,527
2025
$102,550
$1,205,660
$1,308,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$18,675
$1,099,527

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Amerisave Mortgage Corp
Credit Line (Revolving) / Heloc
$543,000
No
First
Aug 2, 2021
Aug 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$493,977
$644,023
56%
44%
$3,256/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$3,681/mo
$-2,311/mo
1.5%

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.

Explore Texas Explore This Area
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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20 Independence Trl | Property Details | No Agent List