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$231,000

NAL Estimated Property Value

216 Knight Ln, Waco, TX, 76705

$233,811 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,350 Sq Ft
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
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

Property Icon
$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

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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%

City: Waco

216 Knight Ln | Property Details | No Agent List