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$397,000

NAL Estimated Property Value

4524 Concord Road, Bellmead, TX, 76705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,810 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.94 / sqft
Year BuiltBuilt in 2001

Property Lead Type:

Off-Market ListHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range
FlooringVinyl

Exterior

Exterior FeaturesStorage
Lot Size4.21 acres

Building Information

Year Built2001
Stories1
Roof Type105
Garage Spaces2

Land Information

APN280570000442006
SubdivisionTomas De La Vega
Land UseResidential
Legal DescriptionTOMAS DE LA VEGA TRACT 36 ACRES 4.21
Census Tract001700
Assessed Land Value$45,220
Assessed Improvement Value$301,530
Assessment Year2025

About this property

Country living minutes from downtown Waco and near Waco Regional Airport, this beautifully renovated 3-bedroom, 2-bath home sits on 4.21 acres and offers the perfect blend of peaceful rural space with convenient access to city amenities and local attractions. Inside, you’ll find a spacious living room plus a bright sunroom filled with natural light—ideal for a second living area, office, or relaxing retreat. The home features granite countertops throughout, new flooring, updated lighting, brand-new kitchen appliances, and fresh interior and exterior paint. Major system updates provide peace of mind, including a recently leveled foundation, new HVAC system, new appliances, and a new hot water heater. A dedicated laundry and mud room adds everyday functionality and convenience. This versatile property features city utilities, a barn-style structure, detached 2-car carport, and a separate garage and storage building. The acreage offers a mix of open land with trees lining the back of the property, creating both usable space and added privacy. Whether you’re looking to create a private retreat, invest, or explore future development potential, this tract offers convenience, flexibility, and opportunity in a prime Waco location—enjoying country living just minutes from downtown, shopping, dining, and area attractions.

Investor Tools

Property Icon
$397,000
Estimated Property Value
$0Estimated Mortgage Balance
$397,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,399 /month
Positive
Cash Flow Estimate:
$800 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$321/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,867
$326,041
2025
$45,220
$301,530
$346,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,867
$326,041

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$397,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
4.0%

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: Bellmead

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4524 Concord Road | Property Details | No Agent List