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$503,000

NAL Estimated Property Value

240 Barker Ln, Waco, TX, 76705

$625,716 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,496 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.28 / sqft
Year BuiltBuilt in 2012

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal
FlooringCeramic Tile

Exterior

Lot Size4.80 acres

Building Information

Year Built2012
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200034000105006
SubdivisionRutherford Joseph
Land UseResidential
Legal DescriptionRUTHERFORD JOSEPH ACRES 4.801
Census Tract003402
Assessed Land Value$119,530
Assessed Improvement Value$405,470
Assessment Year2025

About this property

Experience country living just 20 minutes from Waco on this beautifully renovated 4-bedroom, 3-bath home nestled on approximately 5 fully fenced acres. Tucked deep into the property for added privacy, this 2,500 sq ft home offers a seamless blend of comfort and functionality. Surrounded by the renowned Homestead Heritage Community, it features a custom electric gate, a rear covered metal carport, and a front patio with custom decking perfect for entertaining. Equestrian enthusiasts will love the enclosed horse training area beside the home, while those with equipment will appreciate the oversized covered storage space for a tractor, trailer, or large truck. There’s also an RV hookup for added convenience. The master suite includes its own dedicated HVAC system for enhanced comfort, and beyond the home lies a peaceful, shaded pasture—ideal for grazing or simply relaxing. Whether you’re looking to grow, entertain, or enjoy quiet space, this versatile property offers it all. So come by and make this country abode your next home!

Investor Tools

Property Icon
$503,000
Estimated Property Value
$467,253Estimated Mortgage Balance
$35,747Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$625,715
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,018 /month
Positive
Cash Flow Estimate:
$1,006 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,986
$431,421
2025
$119,530
$405,470
$525,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,986
$431,421

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$474,906
No
First
Jun 9, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$467,253
$35,747
7%
93%
$2,848/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,848/mo
$-1,541/mo
3.1%

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.

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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240 Barker Ln | Property Details | No Agent List