Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
View AllArrow
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
View AllArrow
Auction List
Auction List
  • Real estate scheduled for county or online auction
View AllArrow
Deals List
Deals List
  • Discounted properties priced below market value
View AllArrow
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
View AllArrow
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS
View AllArrow

$190,000

$200,000

2408 Lake Air Dr, Waco, TX, 76710

$247,000 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,683 Sq Ft
price_per_sqft$112.89 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Must-SellAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Refrigerator
FlooringVinyl

Exterior

Lot Size13,299 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480287020016003
Lot Number8
SubdivisionMeadow Wood
Land UseResidential
Legal DescriptionMEADOW WOOD LOT 8 BLOCK 3 ACRES .3053
Census Tract002600
Assessed Land Value$37,510
Assessed Improvement Value$199,190
Assessment Year2025

About this property

Located in the desirable Meadow Wood neighborhood, this 3-bedroom, 2-bath home offers a great opportunity in the heart of Waco. Featuring luxury vinyl plank flooring, a fenced backyard, and several recent improvements, this home is full of potential.

Investor Tools

$139,726Estimated Mortgage Balance
$97,220Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$247,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,420 /month
Positive
Cash Flow Estimate:
$473 /month

Interested in this property?

Jennifer Robbins

CIF Real Estate Services, Inc.

ContactContact

Want alerts when something changes with this property?

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
$5,320
$236,700
2025
$37,510
$199,190
$236,700
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,320
$236,700

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
City Bank
Conventional
$149,150
No
First
Feb 14, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,726
$96,974
40%
59%
$895/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$895/mo
+$412/mo
6.6%

City: Waco

2408 Lake Air Dr | Property Details | No Agent List