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$147,000

NAL Estimated Property Value

3050 Clater Powell Rd, Waco, TX, 76705

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths336 Sq Ft
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling

Exterior

Lot Size3.79 acres

Building Information

Year Built2023
Stories1
Roof Type112

Land Information

APN240066200003000
Lot Number3
SubdivisionCagayano Addition
Land UseOther / Unknown
Legal DescriptionCAGAYANO ADDITION LOT 3 BLOCK 1 ACRES 3.79
Census Tract004202
Assessed Land Value$64,190
Assessed Improvement Value$55,120
Assessment Year2025

About this property

3050 Clater Powell Rd. – A Private, Ready-to-Build Retreat Near Waco Nestled on 3.79 acres of serene countryside, this stunning property is the perfect place to build your dream home. With a home site ready to go, you can start construction at your leisure while enjoying the privacy and beauty of mature trees that provide a peaceful, secluded setting. The groundwork has already been laid with a brand-new septic system, electric, and water meter in place—plus an RV hookup for added convenience. A gravel road leads you onto the property, making access easy while maintaining the natural charm of the land. Located just 20-25 minutes from Waco, TX, this property offers the best of both worlds: the tranquility of country living with quick access to city amenities. Whether you're looking to build now or invest in land for the future, this ready-to-go homesite is a rare find.

Investor Tools

Property Icon
$147,000
Estimated Property Value
$0Estimated Mortgage Balance
$147,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$990 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$169/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,294
$119,310
2025
$64,190
$55,120
$119,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,294
$119,310

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$147,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$787/mo
N/A
+$787/mo
6.4%

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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3050 Clater Powell Rd | Property Details | No Agent List