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$685,000

23 Independence Trail, Waco, TX, 76708

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$241.03 / sqft
Year BuiltBuilt in 2017

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Water Heater
FlooringTile

Exterior

Exterior FeaturesDog Run, Fire Pit, Rain Gutters, Other
Lot Size38,368 sqft

Building Information

Year Built2017
Stories1
Roof Type105
Garage Spaces3

Land Information

APN180003000002190
Lot Number19
SubdivisionAustin Colony Addn Pud
Land UseResidential
Legal DescriptionAUSTIN COLONY ADDN PUD LOT 19 BLOCK 2 ACRES .8808
Census Tract004105
Assessed Land Value$64,840
Assessed Improvement Value$702,420
Assessment Year2025

About this property

Welcome to Southern elegance in the prestigious gated community of Austin Colony, zoned to the highly acclaimed China Spring ISD. Originally featured as a 2017 Parade of Homes showcase, this exceptional 4-bedroom, 3-bathroomresidence offers 2,842 square feet of timeless craftsmanship, thoughtful design, and modern comfort. From the moment you step inside, you'll appreciate the warmth of plantation shutters, custom built-ins, soaring ceilings, and light-filled living spaces designed for both everyday living and effortless entertaining. The open-concept kitchen is the heart of the home, featuring granite countertops, custom cabinetry, abundant workspace, and seamless flow into the spacious living area. The isolated primary suite provides a private retreat with a spa-inspired bath, while the split-bedroom floor plan offers comfort and flexibility for family and guests. Step outside and discover what truly sets this property apart. Situated on an expansive 0.88-acre homesite, the backyard is a rare opportunity—a true blank canvas with room to create the outdoor oasis you've always envisioned. Whether you dream of a resort-style pool, outdoor kitchen, pickleball court, workshop, garden, or simply wide-open green space for entertaining and play, there's room here to bring your vision to life. Enjoy it today from the covered patio, or make it your own tomorrow. Additional amenities include built-in surround sound, a security system, gutters, a whole-home generator, a sprinkler system, and an oversized three-car garage. Homes that offer this combination of custom quality, nearly an acre of usable land, and the opportunity to personalize the outdoor living experience are becoming increasingly difficult to find. Experience luxury, space, and the best of Southern living in Austin Colony.

Investor Tools

Property Icon
$585,640
Estimated Property Value
$0Estimated Mortgage Balance
$585,640Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,110 /month
Positive
Cash Flow Estimate:
$1,370 /month

Interested in this property?

Lindsey Wachsmann

Bramlett Partners

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,022/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,332
$585,640
2025
$64,840
$702,420
$767,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,332
$585,640

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$585,640
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$450/mo
+$920/mo
2.8%

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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23 Independence Trail | Property Details | No Agent List