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$625,000

404 Greenwood Ln, Waco, TX, 76705

$705,322 ARVInfo
PendingInfo
Beds4 Beds
Baths4 Bath
Baths3,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.7 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave, Double Oven, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size1.43 acres

Building Information

Year Built2000
Stories2
Roof Type105
Garage Spaces2

Land Information

APN200212000001041
Lot Number4
SubdivisionBrazos Shores
Land UseResidential
Legal DescriptionBRAZOS SHORES BLOCK 1 LOT 4 .76 AC & MOORE LEWIS .67 AC TOTAL 1.43 AC .76 AC & MOORE LEWIS .67 AC TOTAL 1.43 AC
Census Tract003402
Assessed Land Value$62,020
Assessed Improvement Value$583,780
Assessment Year2025

About this property

Imagine coming home to this beautiful red brick Southern Colonial Revival, sitting pretty on almost an acre and a half of wooded land so you'll have all the privacy you could ever want. From the moment you pull up, you'll feel that classic charm. The full-length front porch, complete with those graceful columns, the symmetry of the dormer windows upstairs - all add such character. Inside, you'll find a home designed for comfortable living. The main living space is wonderfully open, with the kitchen, living, and dining areas flowing seamlessly together – perfect for entertaining or just keeping an eye on things while you cook. If you need a dedicated workspace, you're in luck! There's a formal office with elegant French doors and built-in cabinetry, making it a quiet and productive retreat. The master suite is a true sanctuary. It's generously sized, and that huge closet? It even has a built-in safe for your peace of mind. The master bathroom is equally impressive, with a separate shower and a relaxing tub, plus two vanities, so everyone has their own space. An additional downstairs bedroom has its own full bath. Upstairs, you'll find a large area perfect for a media or game room, two more spacious bedrooms, and multiple storage areas – because who doesn't need more storage? The bedrooms share a Jack-and-Jill bathroom, a practical setup for family or guests. Now, let's talk about the garages, because this house really delivers there. You've got an oversized two-car attached garage, plus a detached two-car garage offering even more space, and above it, you'll discover a fantastic bonus room – perfect for a craft room, a home gym, or whatever hobby brings you joy. In addition, the property includes another 0.67 acres to the left of the home. This house truly has so much to offer, blending classic elegance with modern convenience, all wrapped up in a private, natural setting that’s not too far out of town - just two short miles up Gholson Road from Lake Shore Drive.

Investor Tools

$0Estimated Mortgage Balance
$624,112Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$705,321
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,750 /month
Positive
Cash Flow Estimate:
$1,250 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,912
$624,112
2025
$62,020
$583,780
$645,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,912
$624,112

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$624,112
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
N/A
+$1,354/mo
2.6%

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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404 Greenwood Ln | Property Details | No Agent List