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$216,007

5030 Lake Shore Dr, Waco, TX, 76710

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,453 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$128.7 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Other
FlooringCarpet

Exterior

Private PoolPrivate Pool

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480241050001428
Lot Number1
SubdivisionIndian Creek
Land UseResidential
Legal DescriptionINDIAN CREEK LOT 1 BLOCK A UNT 2 BLD L 1.695% INDIAN CREEK CONDO UNT 2 BLD L 1.695% INDIAN CREEK CONDO
Census Tract002600
Assessed Land Value$21,750
Assessed Improvement Value$211,040
Assessment Year2025

About this property

Charming 2-bed, 2-bath Condo Near Lake Waco! Welcome to this wonderfully maintained 2-bedroom, 2-bath condo in one of the most sought-after communities just minutes from Downtown Waco, MCC and Baylor University! Nestled in a prime location, this home offers a perfect blend of comfort and convenience. Enjoy resort-style living with access to a sparkling community pool, close to well-maintained walking paths, and serene green spaces. Whether you love morning strolls by the lake or relaxing poolside, this condo has it all. With easy access to shopping, dining, and outdoor recreation, this home is perfect for anyone looking to experience the best of Waco living. New HVAC! Washer, Dryer and Fridge convey!

Investor Tools

Property Icon
$216,007
Estimated Property Value
$160,000Estimated Mortgage Balance
$58,585Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,296 /month
Positive
Cash Flow Estimate:
$432 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,386
$216,007
2025
$21,750
$211,040
$232,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,386
$216,007

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bank And Trust
Unknown
$160,000
No
First
Jun 27, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,422
$58,585
27%
73%
$960/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.

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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5030 Lake Shore Dr | Property Details | No Agent List