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$500,000

NAL Estimated Property Value

4917 Lockwood Dr, Waco, TX, 76710

$526,490 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,742 Sq Ft
price_per_sqft$182.31 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Vented Exhaust Fan, Gas Water Heater
FlooringLaminate, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size13,782 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480266020023006
Lot Number5
SubdivisionLake Oaks
Land UseResidential
Legal DescriptionLAKE OAKS LOT 5 BLOCK C ACRES .3164
Census Tract002600
Assessed Land Value$37,900
Assessed Improvement Value$417,630
Assessment Year2025

About this property

Welcome Home! This remodeled 4BR/3BA plus office NW Waco beauty has it all. Conveniently located off Lake Air Dr. Curb appeal greets you from the moment you drive up. Right away you'll notice the majestic oaks, lush landscaping, Old Chicago brick, front porch and stunning refinished wood double doors. Step inside to fresh light and bright paint throughout, new wood laminate flooring and stylish fixtures. Need to work from home? You won't want to leave your home office with bay window and view of the gorgeous neighborhood. The living room features a brick wood burning fireplace with built ins and opens to a show stopper kitchen. This one has everything you can imagine! Painted cabinetry, marble backsplash, butcher block counters, 5 burner gas range, pot filler and oversized island with Quartz counter. Plenty of room to entertain in the spacious dining room open to kitchen with charming wood surround. Guest bath features subway & penny tile, new vanity and fixtures. Primary suite comes off a darling mudroom with brick tile flooring. Relax in the spa inspired bath with gorgeous new vanity, oversized shower with marble look tile, penny flooring and custom barn door. 4th bedroom also makes a great guest suite with attached bath and patio doors or 2nd living area. Perfect for game room, man cave or den! Tranquil backyard with covered brick patio is the ideal spot to start or end your day. Roof is less than a year old and there's a sprinkler system. Agent related to owners.

Investor Tools

Property Icon
$500,000
Estimated Property Value
$269,783Estimated Mortgage Balance
$230,217Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$526,490
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,000 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,061/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,236
$455,530
2025
$37,900
$417,630
$455,530
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,236
$455,530

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$285,000
No
First
Jun 30, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,783
$230,217
46%
54%
$1,709/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$1,709/mo
$-355/mo
3.2%

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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4917 Lockwood Dr | Property Details | No Agent List