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
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated? Info

$1,209,000

2525 Lake Air Dr, Waco, TX, 76710

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,363 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$458.29 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Tankless Water Heater, Disposal, Double Oven, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
FlooringTile, Wood

Exterior

Lot Size1.62 acres

Building Information

Year Built1950
Stories2
Roof Type105
Garage Spaces4

Land Information

APN480781350001000
Lot Number1
SubdivisionRountree Addition
Land UseResidential
Legal DescriptionROUNTREE ADDITION LOT 1 BLOCK 1 ACRES 1.62
Census Tract002600
Assessed Land Value$169,360
Assessed Improvement Value$980,320
Assessment Year2025

About this property

- Along one of Waco’s most respected drives, past the cottages and large midcentury moderns of Lake Air Estates and the majestic streets of Old Oaks, sits this prominent community focal point. With over 4800 sf feet in total with a fully equipped guest apartment included, on over an acre and a half - this Waco home is incomparable. - Set back on the exceptionally large lot and peeking through hundred year old live oak trees, visitors are greeted by a distinguished wrought iron tracery and columns framing a southern French style front porch. The entire estate has been meticulously restored. Refinement continues with its interior, electrical, plumbing, HVAC including ductwork as well as each artistically selected finish and surface, with close attention to detail throughout. Welcoming you with a sweeping staircase and hardwood floors, the classical foyer is framed with formal dining and living spaces to your left and right. Each space is richly ornate with details such as the intricate cornices above each floor to ceiling window, providing stunning views of the surrounding gardens and sprawling lawns, as well as an elegant, marble, wood burning fireplace that centers the large room in a perfect flourish. - The second living area in the rear of the home is comfortably suited and open to the kitchen allowing for easy, more casual living and entertainment. A hidden powder room is adorned with a Sherryl Wagner sink and Artos tap adding elegance to necessity. The large, original, bay window with copper roof and French doors exit to the south and bring the back gardens and brickwork inside to give warmth and living artwork to the otherwise sheltered space. - Masterfully crafted wood floors have been extended through the informal dining area towards the kitchen, where a new 10 foot quartersawn oak island, topped with artistically shaped quartzite anchors the kitchen. - As you move forward, the left side features thoughtfully designed craftsmanship and storage wi

Investor Tools

Property Icon
$1,209,000
Estimated Property Value
$0Estimated Mortgage Balance
$1,209,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$11,997 /month
Positive
Cash Flow Estimate:
$3,999 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,726/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,662
$1,149,680
2025
$169,360
$980,320
$1,149,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,662
$1,149,680

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$1,209,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...