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$259,000

3948 Rimfire Rd, Waco, TX, 76705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,493 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$192.1 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Ice Maker, Microwave, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Lot Size6,098 sqft

Building Information

Year Built2022
Stories1
Roof Type105
Garage Spaces1

Land Information

APN280430210017220
Lot Number22
SubdivisionSouth Fork Ph 13
Land UseResidential
Legal DescriptionSOUTH FORK PH 13 LOT 22 BLOCK 17 ACRES .14
Census Tract001700
Assessed Land Value$36,470
Assessed Improvement Value$222,320
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bathroom home nestled in the South Fork community, offering convenience, comfort and upgrades throughout. Adjacent to an open common area, you'll find plenty of privacy here, with no neighbors toward the back fence. The heart of this home lies in its spacious kitchen featuring granite countertops, stainless appliances, a gorgeous backsplash and under cabinet task lighting. The refrigerator in the kitchen conveys with the property. The large island is perfect for both casual meals and entertaining guests. The living and dining areas are open and airy, with designer window shades, and specialty trim and moldings. Tucked away for privacy, the isolated primary suite provides a peaceful retreat after a long day, with a spacious layout and an ensuite bathroom featuring a separate tub, shower and walk-in closet. The laundry room has built-in cabinetry with a butcher block counter, and the garage is finished out with baseboards, epoxy floor coating, and an overhead door opener. Outside, a newer roof with 30-year architectural shingles ensures peace of mind for years to come, a storage shed provides extra space for lawn equipment, and the large patio is a great place to enjoy morning coffee, cook out, and admire the irrigated lawn. To make the back yard the ultimate relaxation space, be sure to ask about the seller’s allowance toward a pergola. The convenient location provides easy access to Interstate 35 and Highway 6, simplifying your daily commute. Don't miss this better-than-new gem!

Investor Tools

Property Icon
$259,000
Estimated Property Value
$218,400Estimated Mortgage Balance
$46,761Estimated Equity
16% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,721 /month
Positive
Cash Flow Estimate:
$574 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$511/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,842
$258,790
2025
$36,470
$222,320
$258,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,842
$258,790

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Leader Bank Na
Conventional
$218,400
No
First
Oct 23, 2024
Nov 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,239
$46,761
18%
82%
$1,310/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,610/mo
$-303/mo
6.1%

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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3948 Rimfire Rd | Property Details | No Agent List