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$217,950

NAL Estimated Property Value

5006 Lake Shore Dr, Waco, TX, 76710

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,325 Sq Ft
price_per_sqft$157.36 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave
FlooringTile, Vinyl

Exterior

Private PoolPrivate Pool
Lot Size7,253 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480241050001528
Lot Number1
SubdivisionIndian Creek
Land UseResidential
Legal DescriptionINDIAN CREEK LOT 1 BLOCK A UNT 4 BLD O 1.695% INDIAN CREEK CONDO UNT 4 BLD O 1.695% INDIAN CREEK CONDO
Census Tract002600
Assessed Land Value$21,750
Assessed Improvement Value$196,200
Assessment Year2025

About this property

The perfect abode for beginnings and endings at popular Indian Creek! This 2 bedroom 2 bathroom condo was recently remodeled and updated with quality cabinetry, granite countertops, tile and vinyl plank flooring - all you need to do is move in and enjoy the pool! Park right at the back door of this unit for quick, ground level access straight in to the kitchen - no stairs! Two living or dining areas for flexible furniture arrangements depending on your needs. Sizeable private and covered patio attached with storage shed. Step out the front door for a manicured, English patio feel, to meet and greet other neighbors walking their dogs or enjoying the sun. HOA covers water and trash, grounds/pool maintenance and exterior insurance. Minutes from Target, HEB Grocery, personal services and restaurants.

Investor Tools

Property Icon
$217,950
Estimated Property Value
$145,292Estimated Mortgage Balance
$72,658Estimated Equity
33% 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

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nexa Mortgage Llc
Conventional
$153,750
No
First
May 16, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,292
$72,658
33%
67%
$922/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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5006 Lake Shore Dr | Property Details | No Agent List