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$550,000

264 Emily Ln, Waco, TX, 76708

$653,570 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,327 Sq Ft
price_per_sqft$165.31 / sqft
Year BuiltBuilt in 1992

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCarpet, Ceramic Tile

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Covered Courtyard, Rain Gutters, Private Yard
Lot Size4.82 acres

Building Information

Year Built1992
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180033000316106
SubdivisionRabago M
Land UseResidential
Legal DescriptionRABAGO M ACRES 4.816
Census Tract004102
Assessed Land Value$124,430
Assessed Improvement Value$574,830
Assessment Year2025

About this property

Rare 4.8-acre retreat in a gated community with privacy, space and endless outdoor possibilities. Set behind a canopy of mature trees with a creek just steps away, this quiet, tucked-away property feels like a private sanctuary where wildlife is part of the daily backdrop. The expansive grounds are perfect for outdoor living, gardening, play, or simply soaking in nature. Outdoor amenities are exceptional: an in-ground pool and a covered cabana create a resort like entertaining zone, while secluded nooks around the yard provide peaceful places to relax. The parcel’s topography and tree cover offer natural privacy from neighbors and beautiful seasonal views. The home offers 3,327 sq ft with 4 bedrooms, 3 full baths, two living areas and a bonus room and a layout designed for family life and effortless entertaining. So many possibilities to create style and charm with this home. Additional parking in front of the home would allow for parking a boat or an RV

Investor Tools

$274,151Estimated Mortgage Balance
$502,849Estimated Equity
64% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$653,570
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,662 /month
Positive
Cash Flow Estimate:
$1,554 /month

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Cindy Gough

Camille Johnson

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,196/month
$450/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,464
$699,260
2025
$124,430
$574,830
$699,260
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,464
$699,260

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Va
$361,033
Yes
First
Jun 23, 2015
Jul 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$274,151
$502,849
64%
35%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$450/mo
+$920/mo
2.1%

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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264 Emily Ln | Property Details | No Agent List