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$284,900

386 N Rock Creek Rd, Waco, TX, 76708

PendingInfo
Beds1 Beds
Baths1 Bath
Baths464 Sq Ft
FarmFarm
price_per_sqft$614.01 / sqft
Year BuiltBuilt in 2020

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesElectric Oven, Electric Range, Refrigerator

Exterior

Lot Size6.58 acres

Building Information

Year Built2020
Stories1
Roof Type112
Garage Spaces5

Land Information

APN180487150002000
Lot Number2
SubdivisionK Parker Addition
Land UseResidential
Legal DescriptionK PARKER ADDITION LOT 2 BLOCK 1 ACRES 6.58
Census Tract004104
Assessed Land Value$78,220
Assessed Improvement Value$177,560
Assessment Year2025

About this property

Welcome to your charming country escape! This lovely ranchette offers the perfect blend of rustic living and modern convenience on a peaceful, partially wooded property. Nestled just minutes from China Spring, the land features a cozy 464 ± sf home — ideal for a weekend getaway, guest house, or the foundation for your dream build. Well within China Spring ISD, the property is already equipped with essential utilities, including a water meter, electricity, and a septic system, making it truly move-in ready. A covered RV space with electric hookup is perfect for hosting visitors or extended stays. Meandering through the land, a seasonal creek adds serene ambiance and invites local wildlife for a tranquil, country feel. The property also includes a 20’ shipping container, offering secure storage for tools, equipment, or supplies. With ample open space and tree coverage, this ranchette provides the privacy and freedom to garden, raise animals, graze cattle and horses, or simply relax under the stars. Whether you’re looking for a weekend retreat, a homestead site, or a quiet country investment, this versatile property checks all the boxes. Enjoy peaceful rural living without sacrificing proximity to town amenities. Opportunities like this don’t last long — come see all this charming ranchette has to offer! - 464 +- sf home with front and back porch - Water meter, electricity and septic system in place - White-tailed deer and wild turkeys seen on the property - 20' shipping container on property - Covered RV space with RV electric hookup - Covered parking space - Seasonal creek runs across the property - China Spring ISD

Investor Tools

Property Icon
$282,000
Estimated Property Value
$0Estimated Mortgage Balance
$282,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,709 /month
Positive
Cash Flow Estimate:
$570 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$196/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$937
$193,807
2025
$78,220
$177,560
$255,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$937
$193,807

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$800/mo
N/A
+$800/mo
3.4%

Learn About the Market: Opportunity in Texas

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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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386 N Rock Creek Rd | Property Details | No Agent List