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$1,750,000

295 Rozwell Pass, Waco, TX, 76505

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths2,044 Sq Ft
FarmFarm
price_per_sqft$856.16 / sqft
Year BuiltBuilt in 1965

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesElectric Water Heater, Microwave, Refrigerator

Exterior

Private PoolPrivate Pool
Lot Size75.61 acres

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces1

Land Information

APN241056000039017
SubdivisionWare Mary
Land UseAgriculture / Farming
Legal DescriptionWARE MARY TRACT 34 ACRES 75.61, LAND ACCT, MH ONLY PID:385052 LAND ACCT, MH ONLY PID:385052
Census Tract004202
Assessed Land Value$35,830
Assessed Improvement Value$327,370
Assessment Year2025

About this property

Discover an exceptional 75-acre turnkey farm and ranch located less than 30 minutes from Waco. With a long history of agricultural production, this property is well-suited for cattle, horses, hay production, or a variety of other farming operations. The property features over 70 acres of improved Bermuda pasture with an established history of high-yield hay production. The land is primarily level, offering excellent usability, and includes one large stock tank that provides water for livestock while attracting abundant wildlife. The ranch is improved with a well-maintained 2-bedroom, 1-bath home offering over 2,000 square feet of living space, complete with an in-ground swimming pool. Additional improvements include a 2,100-square-foot climate-controlled metal shop with office space, restroom, and large roll-up bay door, a 4,000-square-foot metal barn with concrete flooring, a 2,000-square-foot equipment shed, an approximately 1,200-square-foot former dairy barn with renovation potential, and a 6,000-cubic-foot grain silo. Water is supplied by two Gholson Water meters and a private irrigation well drawing from the Lower Trinity Aquifer. The property is partially perimeter fenced and is equipped to support a productive agricultural operation from day one. Whether you’re looking to expand your ranching operation, establish an equestrian property, or invest in highly productive Central Texas farmland, this property offers an outstanding combination of quality improvements, agricultural productivity, and convenient access to Waco.

Investor Tools

Property Icon
$572,000
Estimated Property Value
$0Estimated Mortgage Balance
$272,140Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$10,500 /month
Positive
Cash Flow Estimate:
$3,500 /month

Interested in this property?

Amy Garbett

CENTURY 21 Judge Fite Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$567/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,943
$363,200
2025
$35,830
$327,370
$732,370
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,943
$363,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Of America
Unknown
$256,000
No
First
Sep 28, 2009
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$299,860
$272,140
47%
52%
$3,070/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$3,070/mo
$-1,716/mo
2.8%

Learn About the Market: Opportunity in Texas

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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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295 Rozwell Pass | Property Details | No Agent List