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$484,710

NAL Estimated Property Value

5104 Meyers Ln, Waco, TX, 76705

Off MarketInfo
Beds5 Beds
Baths2 Bath
Baths2,943 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$84.91 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave, Vented Exhaust Fan
FlooringTile

Exterior

Private PoolPrivate Pool
Exterior FeaturesDog Run
Lot Size7 acres

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200885000133040
SubdivisionWalker Jacob
Land UseReal, Farm/Ranch, House
Legal DescriptionWALKER JACOB ACRES 7.0
Census Tract001700
Assessed Land Value$28,390
Assessed Improvement Value$456,320
Assessment Year2025

About this property

Bring the animals! Property offers a great set up on this approximate 1.57 acre lot including a livestock living area, separate fenced sections, cute workshop that could be turned into guest quarters and almost 3000 square feet of living space in the main house. 5 bedrooms and 2 baths, along with another room that's currently used as an office and huge laundry room. Entire property is fenced, including an entry gate for privacy. Located just up the road from TSTC and only 1.5 miles from I-35. Be to downtown Waco in just 10 minutes. ALSO available- 5-35 +/- acres for sale if you're needing more land!

Investor Tools

Property Icon
$484,710
Estimated Property Value
$311,900Estimated Mortgage Balance
$172,810Estimated Equity
35% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,908 /month
Positive
Cash Flow Estimate:
$969 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$913/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,537
$484,710
2025
$28,390
$456,320
$542,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,537
$484,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Fha
$328,932
Yes
First
Jul 21, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$311,900
$172,810
35%
64%
$1,973/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,973/mo
$-666/mo
3.2%

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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5104 Meyers Ln | Property Details | No Agent List