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Days146Days on Market
Views7view
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$514,900

203 Saffles RD, Waco, TX, 76706

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,680 Sq Ft
price_per_sqft$306.49 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesNone
FlooringTile

Exterior

Exterior FeaturesPrivate Yard, Rv Hookup
Lot Size6.12 acres

Building Information

Year Built2001
Stories1
Roof Type112
Garage Spaces2

Land Information

APN440024000270149
SubdivisionMartinez M
Land UseAgriculture / Farming
Legal DescriptionMARTINEZ M ACRES 6.12
Census Tract003701
Assessed Land Value$14,520
Assessed Improvement Value$389,170
Assessment Year2025

About this property

Horse lovers, don't miss this exceptional 6.12 (+/-) property in the highly desirable Robinson ISD. Designed with equestrian and livestock enthusiasts in mind, this property features a well-equipped 6 stall barn complete with a wash rack, tack room, overhead plumbing, fly spray system, tankless water heater, security system, and all new electrical. The acreage is fully fenced and cross fenced with four run in sheds, providing excellent functionality for horses and other livestock, as well as a great spot for an arena. Additional improvements include a 2 car carport, RV cover with hook ups, extra covered parking, and a private second entrance from Moonlight Drive, offering easy access and added versatility. After enjoying everything this outstanding horse property has to offer, you'll appreciate the beautifully updated 3 bedroom, 2 bath home featuring remodeled bathrooms, new tile flooring, new appliances, and a new HVAC system. A rare opportunity to own a turnkey horse property with all of the amenities already in place.

Investor Tools

$0Estimated Mortgage Balance
$535,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

Interested in this property?

Jessica Armstrong

Armstrong Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$797/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,889
$403,690
2025
$14,520
$389,170
$475,150
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2024
$6,889
$403,690

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$535,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
N/A
+$1,370/mo
3.1%

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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203 Saffles RD | Property Details | No Agent List