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$255,000

NAL Estimated Property Value

2038 La Porte Dr, Waco, TX, 76710

$259,181 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,888 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.42 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringTile, Vinyl, Wood

Exterior

Lot Size11,874 sqft

Building Information

Year Built1956
Stories1
Roof Type105

Land Information

APN480266030162001
Lot Number7
SubdivisionLake Shore Hills
Land UseResidential
Legal DescriptionLAKE SHORE HILLS LOT 7 BLOCK 12 ACRES .2726
Census Tract002600
Assessed Land Value$36,100
Assessed Improvement Value$152,080
Assessment Year2025

About this property

Welcome to this Mountainview gem at 2038 La Porte Dr. Positioned on a corner lot, this home is located in the highly desired Mountainview neighborhood and boasts an array of desirable updates and features that make it an ideal place to call home. This delightful 3 bedroom, 2 bathroom home spans a generous 1,888 square feet. The sizable living room is highlighted by multiple windows allowing natural light to fill the space and is balanced by the warmth of original hardwood floors that have been recently stained. Casual elegance welcomes you upon entry to this charming home. The beautifully updated eat-in kitchen features granite countertops, ceramic tile flooring and ample cabinet space. Access to the backyard and sizable wooden deck allow hosting and entertaining to flow easily. Additional highlights include a large flex space / bonus room with new vinyl flooring. The bonus room allows for an additional living space, could serve as a game room / TV room, a hobby area, or could also function as an additional bedroom. Adjacent to this room is a private office space graced by large window allowing an abundance of natural light and an enjoyable work from home environment. A spacious master suite awaits you with its renovated ensuite bath. Two additional secondary bedrooms share a sizable renovated bathroom with updated fixtures and lighting, a walk in tiled shower, and granite countertop vanity with dual sinks. The large bedrooms and generously sized closets within each bedroom are attractive features of this home. Enjoy the fenced yard complete with mature trees that provide plenty of shade during warm Texas summers. The sizable deck is an ideal location for hosting friends and family. The extra large (unfinished) storage shed is ready to fulfill your desires as a hobby space or an additional storage location with ease of access from the backyard and driveway. Outdoor opportunities are endless in the sizable fenced yard with space to add a garden, a fire p

Investor Tools

Property Icon
$255,000
Estimated Property Value
$251,176Estimated Mortgage Balance
$3,824Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$259,181
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$339/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,798
$188,180
2025
$36,100
$152,080
$188,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,798
$188,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Fha
$255,290
Yes
First
Jun 13, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,176
$3,824
1%
99%
$1,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,531/mo
$-224/mo
6.2%

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.

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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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2038 La Porte Dr | Property Details | No Agent List