$231,000
NAL Estimated Property Value216 Knight Ln, Waco, TX, 76705
$233,811 ARV
Off Market
Property Lead Type:
Off-Market ListAbsentee Owner
Highlights
Interior
AppliancesElectric Water Heater
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
$231,000
Estimated Property Value
$215,409Estimated Mortgage Balance
$15,591Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$233,810
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,386 /month
Positive
Cash Flow Estimate:
$462 /month
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%
