Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$232,000

NAL Estimated Property Value

4517 Cedar Mountain Dr, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,330 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$214.29 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Disposal
FlooringLaminate, Tile

Exterior

Lot Size10,999 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480401020009006
Lot Number9
SubdivisionTanglewood
Land UseResidential
Legal DescriptionTANGLEWOOD LOT 9 BLOCK 1 ACRES .2525
Census Tract003000
Assessed Land Value$31,460
Assessed Improvement Value$173,840
Assessment Year2025

About this property

Redefining “renovation” on Cedar Mountain Drive! This 3 bedroom / 2 bathroom plus a 2-car garage home is located on a lovely, established street surrounded by mature trees in a charming little pocket of Waco. The modern dark grey exterior and gorgeous, solid mahogany wood front door set the tone for what you’ll experience on the interior, which is basically all NEW: brand new HVAC and ductwork, new plumbing, newly renovated bathrooms and kitchen, new flooring throughout (no carpet!), new hot water tank, new interior and exterior paint, new cedar front porch posts and a freshly finished out 2-car garage. The open concept kitchen boasts luxurious quartz countertops and has new appliances (gas stove and dishwasher), cabinetry and backsplash. Most of the electrical is new as well including light fixtures, ceiling fans and recessed lighting. Roof is approximately 4 years old. On the exterior, you'll find a sprawling front porch, fenced backyard and additional storage shed. 4517 Cedar Mountain Drive is in a very convenient location close to amenities: If you wanted to, you could walk to McLennan Community College. It's a short drive to Camp Fimfo, Downtown Waco and Cameron Park Zoo and less than a 10 minute drive to Lake Waco and the China Spring area which has many shops, restaurants, and other conveniences. But wait - the cherry on top? All of the furniture comes with the sale of the home!

Investor Tools

Property Icon
$232,000
Estimated Property Value
$268,155Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,710 /month
Positive
Cash Flow Estimate:
$570 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$538/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,293
$205,300
2025
$31,460
$173,840
$205,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,293
$205,300

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cardinal Financial Company Lp
Fha
$283,765
Yes
First
May 25, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$268,155
N/A
0%
116%
$1,702/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,702/mo
$-372/mo
6.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

4517 Cedar Mountain Dr | Property Details | No Agent List