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$441,000

NAL Estimated Property Value

2901 Gilchrist Drive, Waco, TX, 76655

Off MarketInfo
Beds4 Beds
Baths4 Bath
Baths3,057 Sq Ft
price_per_sqft$145.57 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size9,017 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces3

Land Information

APN362522000010010
Lot Number1
SubdivisionPark Meadows Addn Ph 1-A
Land UseResidential
Legal DescriptionPARK MEADOWS ADDN PH 1-A LOT 1 BLOCK 10 ACRES .207
Census Tract003708
Assessed Land Value$47,160
Assessed Improvement Value$332,840
Assessment Year2025

About this property

Are you a little extra? Do you need a spacious home with upgrades inside and out? Meet your match with this former Model Home designed to accommodate a large household and those extra hobbies too! From the moment you arrive, it's obvious that the mood is elevated. Out front, you will find extensive mature landscaping on a beautiful corner lot, while a 2 story entry welcomes you into an open but elevated entertaining area, complete with a formal dining room {currently used as a den} as well as a spacious living area open to the breakfast nook and spacious kitchen. Gorgeous counters, upgraded lighting, a corner pantry, and island seating allow the chef to impress and entertain all at once. A beautiful powder bath is tucked away under the staircase for convenience! This semi-custom layout features a downstairs primary suite as well as a multi-use room with low maintenance flooring, hanging rods, and an exterior door {currently used as a bedroom}. Upstairs is its' own domain with a massive bonus room that centers three bedrooms and two full baths. However, if you really need to get away from it all and get down to business, be sure to stake your claim of the current office. Tucked away on the other side of the garage, this generous space is another unique feature due to the home's previous Model status. With low maintenance flooring and beautiful natural lighting, this dynamic space is bursting with potential as your full-time workspace, personal gym or studio, personal arcade, or hobby room. Step out onto the extended patio {partially covered} to relax and unwind or head over to the neighborhood playground via the community sidewalks. Located on a corner lot in Park Meadows, you're sure to enjoy easy access to restaurants, shopping, medical care, and more. Sellers are licensed Texas real estate agents.

Investor Tools

Property Icon
$441,000
Estimated Property Value
$387,404Estimated Mortgage Balance
$53,596Estimated Equity
12% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,670 /month
Positive
Cash Flow Estimate:
$890 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$752/month
$240/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,823
$380,000
2025
$47,160
$332,840
$380,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,823
$380,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$415,000
No
First
Oct 7, 2022
Nov 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$387,404
$53,596
12%
88%
$2,489/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$2,729/mo
$-1,109/mo
4.4%

City: Waco

2901 Gilchrist Drive | Property Details | No Agent List