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$198,000

2901 Lake Shore Dr Apt 401, Waco, TX, 76708

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,178 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$148.56 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Microwave, Refrigerator, Vented Exhaust Fan
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size17,515 sqft

Building Information

Year Built1974
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480055010075217
Lot Number1
SubdivisionBlue Bonnet Cliffs
Land UseResidential
Legal DescriptionBLUE BONNET CLIFFS LOT 1 BLOCK 6 UNIT 1 BLDG D 3.55% WINDOW BOX CONDOS UNIT 1 BLDG D 3.55% WINDOW BOX CONDOS
Census Tract003000
Assessed Land Value$19,310
Assessed Improvement Value$178,690
Assessment Year2025

About this property

Hill Country Rustic meets Industrial Modern in this super cool Window Box Condo. Split-level floor plan with the entry way, kitchen/breakfast area, one bedroom, full bath and laundry closet on main floor. Authentic Saltillo tile flooring creates a warm vibe with a breakfast/dining area overlooking the living room below. Right around the corner is a kitchen filled with so much character you'll never want to leave! Brushed ebony cabinetry, granite counters and glazed rough-hewn subway tile back-splash perfectly blend together with the unique hardware, gorgeous hammered-copper apron sink and sleek appliances. Refrigerator is included. One bedroom with hand scraped, wide plank engineered wood flooring is on the main level with plentiful closet space and window overlooking front patio area. The adjoining bath has just been remodeled with tile flooring, large frameless glass shower and river rock shower floor. Antique mirror above the vanity adds charm as does the vanity, sink and faucet. There is nothing "plain" or "vanilla" about this condo! The open stairs lead to the living area with wood-burning fireplace, built-ins for a TV or works of art and additional storage for books, blankets, etc. The deck area is more living space with exceptional privacy and views of the heavily wooded space on the "green side" of Lake Waco's dam. The primary bedroom feels as if you are in a treehouse! You will love the huge picture windows, high ceilings, more built-ins and a private door to the deck. The ensuite bath boasts a soaking tub, waterfall faucet and a suprisingly huge walk-in closet that will have you saying, "OH YES, this IS the one!" HOA dues of $236/month which includes water, sewer, trash, exterior insurance coverage, grounds maintenance, sparkling swimming pool and clubhouse. One assigned covered parking space is included along with plenty of additional parking in the Window Box private parking lot.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$0Estimated Mortgage Balance
$198,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,188 /month
Positive
Cash Flow Estimate:
$396 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
$236/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,481
$198,000
2025
$19,310
$178,690
$198,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,481
$198,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$198,000
100%
0%
$0/mo

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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