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$289,000

2808 Risinger Rd, Waco, TX, 76655

$316,564 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths2 Bath
Baths1,837 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$157.32 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Microwave, Convection Oven, Refrigerator
FlooringCarpet, Vinyl

Exterior

Lot Size6,621 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362522310006230
Lot Number23
SubdivisionPark Meadows Addn Ph 2
Land UseResidential
Legal DescriptionPARK MEADOWS ADDN PH 2 LOT 23 BLOCK 6 ACRES .152
Census Tract003708
Assessed Land Value$39,070
Assessed Improvement Value$272,120
Assessment Year2025

About this property

Welcome to 2808 Risinger Rd. in Lorena, located in the desirable Park Meadows Subdivision – Phase 2! Built in 2021, this well-maintained 4-bedroom, 2-bath, single-story home offers approximately 1,837 square feet of comfortable living space on a 0.15-acre lot. The thoughtfully designed floor plan provides 4 bedrooms and versatile living space to accommodate a variety of needs. The kitchen features beautiful granite countertops and opens to the living area, creating a welcoming space for everyday living and entertaining. Conveniently located in the Midway ISD area, this home offers modern construction, functional living space, and an appealing neighborhood setting. Whether you’re a first-time buyer, looking for more space, 2808 Risinger Rd. is ready to welcome you home!

Investor Tools

$198,295Estimated Mortgage Balance
$113,705Estimated Equity
36% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$316,563
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,872 /month
Positive
Cash Flow Estimate:
$624 /month

Interested in this property?

Vickie Willoughby

Weichert, Realtors - The Eastland Group

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$584/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,445
$311,190
2025
$39,070
$272,120
$311,190
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,445
$311,190

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Dhi Mortgage Company Ltd
Fha
$209,718
Yes
First
May 25, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,295
$113,705
36%
64%
$1,318/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,318/mo
+$302/mo
6.2%

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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2808 Risinger Rd | Property Details | No Agent List