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$231,000

216 Knight Ln, Waco, TX, 76705

$236,646 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,350 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.81 / sqft
Year BuiltBuilt in 2006

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Range Hood
FlooringLaminate, Vinyl

Exterior

Lot Size8,904 sqft

Building Information

Year Built2006
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200235040006110
Lot Number11
SubdivisionComanche Creek Ph Iv
Land UseResidential
Legal DescriptionCOMANCHE CREEK PH IV LOT 11 BLOCK 6 ACRES .2044
Census Tract003200
Assessed Land Value$26,000
Assessed Improvement Value$193,750
Assessment Year2025

About this property

This charming 3-bedroom, 2-bathroom home is ideally located near TSTC College and IH-35, offering convenience and easy access to major roads. Situated within the sought-after Connally ISD, it’s perfect for families or students. The home features a spacious floor plan with comfortable living areas and a fenced backyard, providing privacy and a great space for outdoor activities. With shopping and essential amenities just a short drive away, this home combines practicality and comfort in a prime location. Don't miss the opportunity to make this your new home!

Investor Tools

Property Icon
$231,000
Estimated Property Value
$219,942Estimated Mortgage Balance
$15,591Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$236,646
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$447/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,212
$219,750
2025
$26,000
$193,750
$219,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,212
$219,750

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$219,942
Yes
First
Mar 14, 2025
Apr 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$215,409
$15,591
6%
93%
$1,319/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,319/mo
$-12/mo
6.8%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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216 Knight Ln | Property Details | No Agent List