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Days300Days on Market
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$950,000

3901 W Waco Dr, TX, 76710

On MarketInfo
CommercialInfo
Baths6,570 Sq Ft
OfficeOffice
Year BuiltBuilt in 1978

Highlights

Interior

HeatingHeating
CoolingCooling
FlooringCarpet, Vinyl

Exterior

Lot Size17,677 sqft

Building Information

Year Built1978
Stories2
Roof Type183

Land Information

APN480382000013020
Lot NumberC
SubdivisionSouth Overlook
Land UseCommercial
Legal DescriptionSOUTH OVERLOOK LOT C BLOCK A ACRES .4058
Census Tract002498
Assessed Land Value$140,250
Assessed Improvement Value$439,599
Assessment Year2025

About this property

This landmark office building, recognized by all for the big Knight out front, offers unmatched visibility and a central location on Waco Drive. Recently refreshed with modern updates and well-appointed amenities, the property is designed to support a wide range of professional and business uses. The building features a secured lobby with key card access, numerous private offices, and abundant parking, providing both convenience and peace of mind for staff and visitors. Its flexible layout and strong presence along one of Waco’s busiest corridors make it an exceptional opportunity for an investor or business owner looking to establish a prominent footprint in the community. With its combination of security, functionality, and iconic recognition, this property stands out as one of the most versatile and desirable office buildings in the area. The sky is the limit with what this property can become.

Investor Tools

$466,650Estimated Mortgage Balance
$113,199Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,700 /month
Positive
Cash Flow Estimate:
$1,900 /month

Interested in this property?

Matthew Stufflebeam

CIF Real Estate Services, Inc.

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,079
$579,849
2025
$140,250
$439,599
$579,849
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,079
$579,849

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Unknown
$520,000
No
First
Feb 16, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$466,650
$113,199
19%
80%
$3,118/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.

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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3901 W Waco Dr | Property Details | No Agent List