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$338,000

NAL Estimated Property Value

3432 Forrester Ln, Waco, TX, 76708

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,885 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$159.1 / sqft
Year BuiltBuilt in 1996

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Vented Exhaust Fan, Gas Water Heater
FlooringLaminate, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size14,000 sqft

Building Information

Year Built1996
Stories1
Roof Type105
Garage Spaces4

Land Information

APN480425050034003
Lot Number4
SubdivisionVillage Green
Land UseResidential
Legal DescriptionVILLAGE GREEN LOT 4 BLOCK C ACRES .3214
Census Tract002800
Assessed Land Value$39,480
Assessed Improvement Value$255,910
Assessment Year2025

About this property

Beautiful home located off of Lakeshore Drive, has a unique layout. The home has been divided into 2 separate living areas. Each area has 2 bedrooms and 1 bathroom on each side with a full kitchen. One side could be used as a mother in law/guest quarters. Both areas have 2 car garage, kitchen, laundry room, they have been updated with new flooring and paint. They share a common courtyard between the 2 living areas. There is a side yard, with new wood fence. This is a great home with versatile unique layout for your family. .

Investor Tools

Property Icon
$338,000
Estimated Property Value
$263,791Estimated Mortgage Balance
$74,209Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,028 /month
Positive
Cash Flow Estimate:
$676 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$744/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,242
$295,390
2025
$39,480
$255,910
$295,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,242
$295,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Capital Bank Na
Conventional
$291,650
No
First
May 17, 2021
Jun 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$263,791
$74,209
21%
78%
$1,749/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,749/mo
$-379/mo
4.9%

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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3432 Forrester Ln | Property Details | No Agent List