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$280,000

505 Lottie Street, Waco, TX, 76704

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,512 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.19 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Tankless Water Heater
FlooringCarpet, Concrete, Tile, Vinyl

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,131 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480456000043006
Lot NumberB3
SubdivisionWitt
Land UseResidential
Legal DescriptionWITT LOT B3 BLOCK 4 ACRES .1178
Census Tract001500
Assessed Land Value$10,110
Assessed Improvement Value$321,770
Assessment Year2025

About this property

The Best Opportunity to Own a Beautiful New Home This Year! Ask about special financing option, this property may qualify for 0% down payment through select local lenders! Welcome to 505 Lottie St, Waco, TX. A stunning new construction completed in 2024 that blends modern design, functional space, and thoughtful details throughout offering 3 beds, 2.5 baths, and modern design near Baylor, Downtown, Cameron Park, Magnolia, and I-35. Step into a spacious foyer leading to an open living-dining area filled with natural light. The kitchen is a true highlight, featuring beautiful quartz countertops, a large breakfast area, new appliances, ample cabinet space, and a well-sized pantry to keep everything organized. Enjoy the convenience of a dedicated laundry room, a guest-friendly half bath with exquisite tile selection, and a covered back patio overlooking the perfect-sized backyard with a storage shed. The primary suite is filled with natural light and offers a serene retreat, complete with a spa-like ensuite bathroom featuring an elegant tile selection, a spacious walk-in shower, and a generous closet. Two additional bedrooms, each with large closets, share a beautifully designed full bathroom with plenty of space and high-end finishes. Throughout the home, you’ll find modern touches, deep closets, and quality materials that reflect the thoughtful attention to detail in every room. A large two-car garage adds even more flexibility for parking, storage, or a workshop space. This home truly checks all the boxes, modern, functional, move-in ready, and in a prime location. Call to schedule your private showing! This house is move-in ready!

Investor Tools

$0Estimated Mortgage Balance
$315,562Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,893 /month
Positive
Cash Flow Estimate:
$631 /month

Interested in this property?

Lily Flores

Magnolia Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$313/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,172
$315,562
2025
$10,110
$321,770
$331,880
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,172
$315,562

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$315,562
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
5.0%

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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