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$319,900

4662 Water Works Road, Belton, TX, 76513

PendingInfo
Beds2 Beds
Baths2 Bath
Baths1,076 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$297.3 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
Garage AvailableGarage Available
AppliancesDishwasher, Electric Water Heater, Gas Range, Plumbed For Ice Maker, Water Heater, Microwave, Range
FlooringLaminate, Vinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesBalcony, Storage
Lot Size1 acre

Building Information

Year Built2016
Stories2
Roof Type112
Garage Spaces2

Land Information

APN40829
SubdivisionM Tongate
Land UseResidential
Legal DescriptionA0828BC M TONGATE, 1-1, ACRES 1.0 1-1,
Census Tract022002
Assessed Land Value$60,000
Assessed Improvement Value$170,386
Assessment Year2025

About this property

Beautiful lake-view property on 1 acre near Lake Belton offering comfort, versatility, and incredible investment potential. This charming 2 bedroom, 2 bath home features granite countertops, luxury vinyl flooring, and two spacious living areas (upstairs & downstairs) creating plenty of room to relax or entertain. Large windows and inviting porches capture peaceful lake views, bringing the outdoors in and making this property a perfect retreat. The property includes two washer and dryer areas (one upstairs, one downstairs) , ideal for flexible living arrangements or short-term rental setups. Outside you’ll find multiple storage buildings and a 3-sided oversized covered carport providing ample space for vehicles, boats, and lake gear. Situated on 1 acre with an upgraded, oversized septic system already in place, the property offers excellent potential for a future new build while using the current home as a guest house, rental, or mother-in-law suite. With its location near the lake and dual living potential, this property would make an excellent income-producing opportunity or Airbnb-style retreat with the possibility of two separate rental options. A rare find with lake views, space to expand, and endless possibilities!

Investor Tools

$0Estimated Mortgage Balance
$322,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,932 /month
Positive
Cash Flow Estimate:
$644 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$234/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,201
$230,386
2025
$60,000
$170,386
$230,386
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,201
$230,386

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$322,000
100%
0%
$0/mo

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: Belton

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