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$244,797

NAL Estimated Property Value

501 Richland Dr, Waco, TX, 76710

$318,236 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,522 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.09 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave
FlooringLaminate, Tile

Exterior

Lot Size9,601 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480349050107011
Lot NumberQ
SubdivisionRichland Hills
Land UseResidential
Legal DescriptionRICHLAND HILLS LOT Q BLOCK H ACRES .2204
Census Tract002302
Assessed Land Value$29,760
Assessed Improvement Value$266,060
Assessment Year2025

About this property

More Space, More Possibilities! If you’ve been dreaming of a home with room to breathe, without breaking the bank, this is it! You'll enjoy a flexible floorplan ready to fit your needs with a cozy fireplace, 2 living areas, and a 4th bedroom that includes its own private entrance with a full bath. Tucked in a convenient location close to shopping and hospitals, this property is ready to welcome you home!

Investor Tools

Property Icon
$244,797
Estimated Property Value
$196,679Estimated Mortgage Balance
$48,118Estimated Equity
19% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$318,236
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$390/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,462
$244,797
2025
$29,760
$266,060
$295,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,462
$244,797

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Security Bank Of Texas
Commercial
$199,900
No
First
Jun 23, 2025
Jun 2045

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,679
$48,118
19%
80%
$1,199/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,199/mo
+$108/mo
6.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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501 Richland Dr | Property Details | No Agent List