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$197,000

NAL Estimated Property Value

2903 Lake Shore Dr Apt 306, Waco, TX, 76708

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,178 Sq Ft
price_per_sqft$168.93 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range
FlooringOther

Exterior

Private PoolPrivate Pool
Lot Size17,515 sqft

Building Information

Year Built1974
Stories1
Roof Type105

Land Information

APN480055010075180
Lot Number1
SubdivisionBlue Bonnet Cliffs
Land UseResidential
Legal DescriptionBLUE BONNET CLIFFS LOT 1 BLOCK 6 UNIT 6 BLDG C 3.55% WINDOW BOX CONDOS UNIT 6 BLDG C 3.55% WINDOW BOX CONDOS
Census Tract003000
Assessed Land Value$19,310
Assessed Improvement Value$170,690
Assessment Year2025

About this property

Wake up to stunning, unobstructed views of Lake Waco in this peaceful and inviting 2-bedroom, 2-bath condo—all conveniently situated on one level. The spacious primary suite offers a serene retreat with breathtaking lake views right from your bedroom, creating the perfect place to unwind.Enjoy even more of the scenery from the living area and back patio, enhanced by newly installed windows and a patio door that maximize natural light and showcase the water like never before. Whether you're sipping your morning coffee or relaxing in the evening, the setting is calm, private, and truly special.This well-priced condo offers low-maintenance living with an HOA that covers exterior insurance and maintenance, plus water, trash, and sewer—making ownership simple and stress-free.If you're looking for comfort, convenience, and incredible views, this Lake Waco gem is priced to sell and ready for its next owner.

Investor Tools

Property Icon
$197,000
Estimated Property Value
$173,732Estimated Mortgage Balance
$23,268Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,194 /month
Positive
Cash Flow Estimate:
$398 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$226/month
$388/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,721
$190,000
2025
$19,310
$170,690
$190,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,721
$190,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First Guaranty Bank
Purchase Money Mortgage
$180,500
No
First
May 24, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$173,732
$23,268
11%
88%
$1,083/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.

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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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2903 Lake Shore Dr Apt 306 | Property Details | No Agent List