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$280,000

NAL Estimated Property Value

3017 Risinger Road, Waco, TX, 76655

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,520 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$184.14 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater
FlooringCeramic Tile, Laminate

Exterior

Lot Size6,621 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362522310020330
Lot Number33
SubdivisionPark Meadows Addn Ph 2
Land UseResidential
Legal DescriptionPARK MEADOWS ADDN PH 2 LOT 33 BLOCK 20 ACRES .152
Census Tract003708
Assessed Land Value$39,070
Assessed Improvement Value$233,770
Assessment Year2025

About this property

NO REAR NEIGHBORS! Unlike most, this home backs directly to the community park, giving you added privacy and easy access just steps from your backyard. Inside, the layout is open and functional, with a spacious living area, wood laminate flooring, and a bright dining space that connects seamlessly to the kitchen. The kitchen features granite countertops, stainless appliances, a spacious pantry and an island with additional seating. The primary bedroom is isolated and generously sized, offering an en suite bathroom with a separate tub and shower, dual vanities, and a large walk-in closet. Two additional bedrooms and a full guest bathroom complete the interior.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$0Estimated Mortgage Balance
$280,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,680 /month
Positive
Cash Flow Estimate:
$560 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
$20/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,652
$272,840
2025
$39,070
$233,770
$272,840
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,652
$272,840

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$280,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,540/mo
$20/mo
+$1,520/mo
6.6%

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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3017 Risinger Road | Property Details | No Agent List