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$2,100

$2,200

2325 Lake Ridge Cir, Waco, TX, 76710

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths2,119 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$0.99 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesDog Run, Rain Gutters
Lot Size16,792 sqft

Building Information

Year Built1960
Roof Type105
Garage Spaces3

Land Information

APN480266030066004
Lot Number10
SubdivisionLake Shore Hills
Land UseResidential
Legal DescriptionLAKE SHORE HILLS LOT 10 BLOCK 4 ACRES .3855
Census Tract002600
Assessed Land Value$25,010
Assessed Improvement Value$280,660
Assessment Year2025

About this property

This spacious split-level home in the convenient Mountainview neighborhood is not your typical rental property. As soon as you pull up, you'll notice the picket fence, spacious front yard, and established landscaping. In addition to 3 bedrooms and 2 baths, this home also features a spacious living area with built-in bookcases and easy access to the back deck. The formal dining room is ideal for entertaining or could be used as a home office, as the kitchen also features a dining area. Downstairs, you'll find a surprise - a large finished bonus room! The 2 car rear entry garage and long driveway provide generous parking, while the storage shed in the backyard keeps your lawn and patio accessories out of the way when you don't need them. Ridgewood Village, Ridgewood Country Club, Lake Waco, medical facilities, banking, and more are all just moments away. Take a look at a house that really feels like home!

Investor Tools

$0Estimated Mortgage Balance
$316,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,896 /month
Positive
Cash Flow Estimate:
$632 /month

Interested in this property?

Carol Pope

Niche Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$702/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,842
$305,670
2025
$25,010
$280,660
$305,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,842
$305,670

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$338,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
5.0%

City: Waco

2325 Lake Ridge Cir | Property Details | No Agent List