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$349,000

512 Meadowland Dr, Waco, TX, 76657

$417,210 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths2,154 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.02 / sqft
Year BuiltBuilt in 1994

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven

Exterior

Lot Size22,956 sqft

Building Information

Year Built1994
Stories1
Roof Type105
Garage Spaces2

Land Information

APN362433000016096
Lot Number25
SubdivisionMeadowland Est
Land UseResidential
Legal DescriptionMEADOWLAND EST LOT 25 BLOCK 1 ACRES .527
Census Tract003902
Assessed Land Value$55,550
Assessed Improvement Value$305,918
Assessment Year2025

About this property

Ultra private yard! Perfect floorplan! Ready for your personal touch! Welcome to this traditional-style home with a floor plan that truly works! Ideally situated on a quiet cul-de-sac in Midway ISD, this home offers an isolated primary suite, four bedrooms, a dedicated office, and spacious living areas designed for everyday living and entertaining. The inviting living room features an ideal fireplace and an abundance of natural light, while the formal dining room showcases beautiful wood floors and vaulted ceilings and opens seamlessly to the living space. The kitchen offers a comfortable eat-in breakfast area for casual meals. Outside, the backyard is where this property really shines… huge, ultra-private, and surrounded by mature trees with no rear neighbors. An extended back patio creates the perfect spot for outdoor living, entertaining, or simply enjoying the peaceful setting. Fresh paint throughout most of the home adds a clean, fresh feel. With an excellent floor plan, a private backyard, and an ideal Midway ISD location, this one is easy to call home.

Investor Tools

$210,515Estimated Mortgage Balance
$177,485Estimated Equity
45% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$417,209
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,328 /month
Positive
Cash Flow Estimate:
$776 /month

Interested in this property?

Kellie Gore

Camille Johnson

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$710/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,582
$361,468
2025
$55,550
$305,918
$361,468
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,582
$361,468

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$236,470
No
First
Dec 31, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$210,515
$177,485
45%
54%
$1,418/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,510/mo
$1,418/mo
+$92/mo
4.7%

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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512 Meadowland Dr | Property Details | No Agent List