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Days32Days on Market
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$350,000

3301 N Ridge Drive, Waco, TX, 76710

On MarketInfo
Baths0 Bath

Highlights

Interior

Bathrooms 0Bathrooms 0

Exterior

Lot Size31,799 sqft

Land Information

APN480241030051000
Lot Number9
SubdivisionInverness Place
Land UseResidential
Legal DescriptionINVERNESS PLACE LOT 9 BLOCK 4 ACRES .73
Census Tract002600
Assessed Land Value$255,660
Assessment Year2025

About this property

Don’t miss this incredible opportunity to build your custom dream home on one of the last available lots in this highly desirable neighborhood. This exceptional 0.73-acre corner lot offers a level building site with city utilities already in place and NO HOA, making it truly ready to build. Surrounded by elegant custom homes, mature trees, and a peaceful setting with partial views of Lake Waco, this property offers the perfect blend of privacy, beauty, and convenience. Located just minutes from Lake Waco, shopping, and restaurants, you’ll enjoy the tranquility of a welcoming neighborhood while remaining close to everything Waco has to offer. With plenty of room to create your dream home, a resort-style pool, and exceptional outdoor living spaces, the possibilities are endless. Welcome to 3301 North Ridge Drive—where your dream home begins.

Investor Tools

$0Estimated Mortgage Balance
$239,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

Interested in this property?

Kristin Clements

Camille Johnson

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$451/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,218
$224,400
2025
$255,660
N/A
$255,660
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,218
$224,400

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$239,000
100%
0%
$0/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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3301 N Ridge Drive | Property Details | No Agent List