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$365,000

NAL Estimated Property Value

5155 S 3RD Street, Waco, TX, 76706

Off MarketInfo
Baths0 Bath
Baths1,000 Sq Ft
Year BuiltBuilt in 1981

Highlights

Interior

Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling

Exterior

Lot Size21.87 acres

Building Information

Year Built1981
Stories1
Roof Type105

Land Information

APN480317030569011
SubdivisionO'campo C
Land UseOther / Unknown
Legal DescriptionO'CAMPO C ACRES 21.872
Census Tract003701
Assessed Land Value$112,920
Assessed Improvement Value$137,080
Assessment Year2025

About this property

Discover your own 22-acre private oasis just minutes from downtown Waco and the famous Silos by Chip and Joanna Gaines. Once mined for gravel, this scenic property features 3+ acre lake, charming 1,000 sq ft cabin with all utilities, surrounded by mature trees, a fully fenced perimeter, and a tranquil 3+ acre pond with dock--perfect for fishing or relaxing. Enjoy the peace and privacy of country living with the convenience of city access, all from your perfect grilling porch. Whether you're looking for a weekend retreat or a build site for a forever home, this rare find near the Brazos River offers beauty, seclusion, and unbeatable location.

Investor Tools

Property Icon
$365,000
Estimated Property Value
$343,427Estimated Mortgage Balance
$21,573Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,994 /month
Positive
Cash Flow Estimate:
$998 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$465/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,752
$250,000
2025
$112,920
$137,080
$250,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,752
$250,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jpmorgan Chase Bank Na
Conventional
$348,000
No
First
Aug 29, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$343,427
$21,573
5%
94%
$2,087/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$800/mo
$2,087/mo
$-1,287/mo
2.6%

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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5155 S 3RD Street | Property Details | No Agent List