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$925,000

NAL Estimated Property Value

3110 Inverness Dr, Waco, TX, 76710

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths4,285 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$350.06 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Disposal, Double Oven, Ice Maker, Microwave, Other, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size31,080 sqft

Building Information

Year Built1968
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480241030002009
Lot Number2
SubdivisionInverness Place
Land UseResidential
Legal DescriptionINVERNESS PLACE LOT 2 BLOCK 1 ACRES .7135
Census Tract002600
Assessed Land Value$126,180
Assessed Improvement Value$798,820
Assessment Year2025

About this property

Tucked away in an enclave of prominent Waco homes, a prospective homebuyer simply couldn’t ask for a better location. Just minutes from Baylor University, Ridgewood Country Club, downtown, and Waco’s hottest attractions, the Inverness Place neighborhood features tree canopied streets, an eclectic mix of contemporary and traditional architecture, and despite its central location, ultimate, serene tranquility. Here, 4,285 square feet of outstanding contemporary design sit perched high atop a bluff overlooking Lake Waco. Composed with careful intention to meld the home’s setting with the interior’s ambiance, nearly every room of the home reveals remarkable lake views and seamless integration of the natural elements of the lot’s setting. Yet, despite the panoramic views and design worthy of Architecture Digest coverage, this estate property offers tremendous value and a price point that is much more attractive than similar offerings despite this home’s superior aesthetic and amenities. Said another way: you simply must see this home in person to genuinely appreciate all that’s on offer! Navigating the winding walkway, entrants are greeted by the first of many hallmark design elements, the glass foyer. Sturdy, imposing double doors give way to a light airiness which perfectly transitions outdoor to indoor space and light. Once inside, another hallmark feature, the magnificent staircase, awes with utmost contemporary sophistication. This element gives way to a perfectly framed approach to the living room and another wall of glass, this time with the first of numerous lake views. Constructed with what was surely an eye towards entertaining, the home’s layout boasts two distinctive sets of living and dining areas fused by a central kitchen and butler’s pantry. Nearly identical in square footage, one area shows off the idyllic fireplace, another hallmark element, with a sunken living room and stepped-up dining room true to the era of the home, while what wo

Investor Tools

Property Icon
$925,000
Estimated Property Value
$0Estimated Mortgage Balance
$925,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$9,000 /month
Positive
Cash Flow Estimate:
$3,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,684/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$15,589
$925,000
2025
$126,180
$798,820
$925,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$15,589
$925,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$925,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
N/A
+$1,354/mo
1.8%

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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3110 Inverness Dr | Property Details | No Agent List