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$692,000

4800 Ridgeview Dr, Waco, TX, 76710

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,532 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.09 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Double Oven, Microwave
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size15,242 sqft

Building Information

Year Built1969
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480351010001001
Lot Number1
SubdivisionRidgeview
Land UseResidential
Legal DescriptionRIDGEVIEW LOT 1 BLOCK A ACRES 0.3499
Census Tract002600
Assessed Land Value$50,760
Assessed Improvement Value$652,710
Assessment Year2025

About this property

We are thrilled to present this stately home and rare opportunity to the spring listing market. Built in one of Waco's most illustrious neighborhoods in 1969 - the wide and quiet street has already been largely reclaimed with new owners investing and enhancing the existing elegance of their homes. With over 3500 square feet, 4 bedrooms, 3 bathrooms and practical updates such as fresh paint in many areas, various kitchen updates, and a recently replaced HVAC system - this home is a project waiting to be revived, while still already both beautiful and comfortable. The back garden was once featured in numerous publications as one of Central Texas' most coveted and could be the ideal venue for your next garden soiree. With so many refined and well maintained details throughout, the vision of what could be is clear. Make it your own!

Investor Tools

Property Icon
$692,000
Estimated Property Value
$465,000Estimated Mortgage Balance
$262,597Estimated Equity
33% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,152 /month
Positive
Cash Flow Estimate:
$1,384 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,270/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,777
$687,500
2025
$50,760
$652,710
$703,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,777
$687,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Watermark Capital Inc
Conventional
$465,000
No
First
Apr 1, 2022
May 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$429,403
$262,597
37%
62%
$2,788/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$2,788/mo
$-1,434/mo
2.3%

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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