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$355,000

2625 Lake Oaks Rd, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,774 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.51 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Vented Exhaust Fan, Gas Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesDog Run
Lot Size23,784 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480266020026005
Lot Number8
SubdivisionLake Oaks
Land UseResidential
Legal DescriptionLAKE OAKS LOT 8 BLOCK C ACRES .546
Census Tract002600
Assessed Land Value$43,760
Assessed Improvement Value$283,740
Assessment Year2025

About this property

This gorgeous home was renovated in 2013 and is located on a quiet cul-de-sac off Lockwood Dr. Shaded lot is over 1/2 acre. Formal living/dining, kitchen/den combo with large built-in cabinet and stone fireplace. Kitchen features include quartz counters with an island and under-mounted sink, stainless gas cooktop, oven, microwave, dishwasher, subway tile back splash and pendant lighting. Sparkling baths have cool tile floors and subway tile surrounds, frameless glass enclosures, pedestal sinks and attractive plumbing fixtures. Beautiful, hand-scraped wood flooring throughout. Updated lights, fans and brushed nickel hardware. Custom paint colors, recessed lighting, 2" blinds. Attractive, energy efficient windows. Wood deck with great nature views, some new landscaping. Ring doorbell, cameras and TV mounts convey. Dog run.

Investor Tools

Property Icon
$355,000
Estimated Property Value
$254,140Estimated Mortgage Balance
$128,755Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,130 /month
Positive
Cash Flow Estimate:
$710 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$619/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,649
$327,500
2025
$43,760
$283,740
$327,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,649
$327,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$254,140
No
First
Sep 4, 2020
Oct 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,245
$128,755
36%
64%
$1,524/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,524/mo
$-217/mo
4.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2625 Lake Oaks Rd | Property Details | No Agent List