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$217,950

NAL Estimated Property Value

5004 Lake Shore Dr, Waco, TX, 76710

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,325 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$128.3 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Deal ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Half 2Bathrooms Half 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Water Heater
FlooringVinyl

Exterior

Private PoolPrivate Pool
Exterior FeaturesFire Pit
Lot Size7,253 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480241050001530
Lot Number1
SubdivisionIndian Creek
Land UseResidential
Legal DescriptionINDIAN CREEK LOT 1 BLOCK A UNT 5 BLD O 1.695% INDIAN CREEK CONDO UNT 5 BLD O 1.695% INDIAN CREEK CONDO
Census Tract002600
Assessed Land Value$21,750
Assessed Improvement Value$196,200
Assessment Year2025

About this property

Adorable, well maintained condo in the heart of Waco is blank canvas just waiting for you to paint your new picture. This home features two bedrooms with large closets, two full baths, updated bathroom in the hallway. Other features include new flooring, newer roof , several closets for storage and is nestled in a lovely manicured neighborhood. The grounds offer huge, mature oak trees and a sparkling pool with clubhouse. This condo has a cute breakfast bar, breakfast nook with a pantry that opens up into one of the two living areas giving you plenty of room to spread. Two large living areas serve as a bonus for entertaining. The open kitchen features a beautiful copper brushed back splash and lots of windows for plenty of light. The covered patio is a great area for relaxing, gardening or just sitting outside in the mornings. The patio opens up to the covered parking area making it easy to get in the home and stay dry in bad weather. McLennan Community College, TSTC, Baylor University, Waco Airport, Downtown Waco,local eateries,shopping, and hospitals are all in a very close range to this property as well as a local favorite, Lake Waco and the dam for walking or enjoying the stunning sunsets!

Investor Tools

Property Icon
$217,950
Estimated Property Value
$0Estimated Mortgage Balance
$217,950Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,308 /month
Positive
Cash Flow Estimate:
$436 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$504/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,959
$217,950
2025
$21,750
$196,200
$217,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,959
$217,950

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$217,950
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.

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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: Waco

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5004 Lake Shore Dr | Property Details | No Agent List