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$275,000

272 Locklar Loop, Waco, TX, 76705

SoldInfo
6/04/26
Beds3 Beds
Baths2 Bath
Baths1,531 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$179.62 / sqft
Year BuiltBuilt in 1985

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
AppliancesDishwasher, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRV Hookup, Storage
Lot Size16,204 sqft

Building Information

Year Built1985
Stories1
Roof Type105
Garage Spaces4

Land Information

APN200009000023050
SubdivisionDarneill Ansell
Land UseResidential
Legal DescriptionDARNEILL ANSELL ACRES .372
Census Tract003402
Assessed Land Value$25,440
Assessed Improvement Value$221,360
Assessment Year2025

About this property

This charming three-bedroom, two-bath home offers generous space both inside and out. Conveniently located off Gholson Rd, only 3 minutes from Homestead Heritage. The ample two-car garage can accommodates 2 large vehicles and an additional large carport offers RV parking with hookups. A laundry room just off the kitchen adds to the home’s practicality. For peace of mind, the property is wired for a generator to keep the kitchen and living areas functional during outages. Windows with a lifetime warranty were installed November 2024. Outdoors, the fully fenced backyard is ideal for entertaining, gardening, or even adding a pool. A majestic live oak tree provides shade during summer months, while an outdoor storage building keeps yard tools and equipment neatly tucked away. Easy access to Baylor University, downtown Waco, and I-35, this home combines charm, functionality, and convenience.

Investor Tools

Property Icon
$275,000
Estimated Property Value
$244,800Estimated Mortgage Balance
$37,859Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,557
$246,800
2025
$25,440
$221,360
$246,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,557
$246,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Va
$244,800
Yes
First
Sep 15, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$237,141
$37,859
13%
86%
$1,468/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,468/mo
$-161/mo
5.7%

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.

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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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