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A+
NoAgentList RatingHow are grades calculated? Info

$902,000

2508 Lake Oaks Rd, Waco, TX, 76710

$923,770 ARVInfo
Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,227 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.02 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Double Oven, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan, Electric Water Heater, Tankless Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size26,101 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480274030004000
Lot NumberD
SubdivisionLockwood Re Sub
Land UseResidential
Legal DescriptionLOCKWOOD RE SUB LOT D BLOCK E ACRES .5992
Census Tract002600
Assessed Land Value$44,640
Assessed Improvement Value$628,360
Assessment Year2025

About this property

Mid-century modern on one of the prettiest lots in North Waco! Home is surrounded by grand oaks with a gorgeous pool, yard, outside bath and bar area. Interior of the home includes a beautiful formal living space with gas log fireplace and has an open family room/kitchen/breakfast area with wall of windows for great views. Home has 4 bedrooms but 4th could easily be converted into a nice den. Master suite is a dream with master bath featuring rain/steam shower, whirlpool tub, fireplace, and dual closets. Dual sided fireplace can be seen from the master bedroom which also has French doors leading to the pool. New interior paint, new wood floors in many areas and great storage throughout are just a few of the fantastic features this home has to offer!

Investor Tools

Property Icon
$902,000
Estimated Property Value
$507,217Estimated Mortgage Balance
$445,022Estimated Equity
44% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$923,769
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,412 /month
Positive
Cash Flow Estimate:
$1,804 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,439/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,762
$673,000
2025
$44,640
$628,360
$673,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,762
$673,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$507,217
No
First
Mar 22, 2021
Apr 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$456,978
$445,022
49%
51%
$3,042/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$3,042/mo
$-1,688/mo
1.8%

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.

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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2508 Lake Oaks Rd | Property Details | No Agent List