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$250,000

4601 Cedar Mountain Dr, Waco, TX, 76708

$277,617 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,774 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$191.09 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size10,999 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480401020007003
Lot Number7
SubdivisionTanglewood
Land UseResidential
Legal DescriptionTANGLEWOOD LOT 7 BLOCK 1 ACRES .2525
Census Tract003000
Assessed Land Value$31,460
Assessed Improvement Value$213,840
Assessment Year2025

About this property

A Stunning 3-Bedroom Home with Modern Upgrades This home has been beautifully renovated to offer a spacious open-concept layout, complete with an extra large island for gatherings, soft-close kitchen cabinets, leathered granite counters, and recessed lighting. The isolated master retreat has it's own glam ensuite, and down the hall of floor to ceiling picture windows overlooking the backyard, is the perfect office space with with separate entry. Not only is there extensive storage space in the 2-car garage, but don't miss the massive shed in the backyard, which would make a perfect tiny home!

Investor Tools

Property Icon
$250,000
Estimated Property Value
$345,000Estimated Mortgage Balance
$0Estimated Equity
-38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$277,617
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,034 /month
Positive
Cash Flow Estimate:
$678 /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
N/A
$177,870
2025
$31,460
$213,840
$245,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$177,870

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Va
$345,000
Yes
First
Jul 10, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$327,136
N/A
0%
131%
$2,069/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$2,069/mo
$-739/mo
6.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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4601 Cedar Mountain Dr | Property Details | No Agent List