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$493,680

NAL Estimated Property Value

5201 Lake Arrowhead Dr, Waco, TX, 76710

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,492 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.61 / sqft
Year BuiltBuilt in 1968

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Disposal, Double Oven, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Storage
Lot Size12,166 sqft

Building Information

Year Built1968
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480266070270000
Lot Number17
SubdivisionLake Air Est
Land UseResidential
Legal DescriptionLAKE AIR EST LOT 17 BLOCK 19 ACRES .2793
Census Tract002600
Assessed Land Value$36,380
Assessed Improvement Value$457,300
Assessment Year2025

About this property

Welcome to your dream home in the highly sought-after Mountainview neighborhood of Waco, Texas. This stunning 4-bedroom, 2 1/2-bath brick home is a perfect combination of elegance and comfort. As you step inside, you'll be greeted by a spacious dining room that sets the stage for memorable family gatherings and special occasions. The warm and inviting family room features a beautiful wood-burning fireplace, creating a cozy ambiance during chilly evenings. The galley kitchen boasts updated appliances and newly installed butcher block countertops and backsplash, ensuring both style and functionality. Additionally, there's a breakfast room that can easily be transformed into a home office to suit your needs. One of the highlights of this exceptional home is the sunroom, located just off the primary bedroom. It provides a tranquil retreat where you can unwind while enjoying the picturesque views of the completely redesigned and landscaped backyard. Imagine spending mornings sipping coffee or curling up with a good book in this peaceful oasis. For added convenience, an iron electric gate (installed in 2022) provides access to a rear entry 2-car garage, ensuring your vehicles are secure. But that's not all – in 2023, an exquisite pool and hot tub were completed by the renowned pool builders Aquanauts, creating a private paradise for endless relaxation and entertaining. Pool can be heated as well. As for the interior, white oak floors were tastefully installed throughout the home in 2023, adding a touch of elegance and timeless charm. The seamless connection between the living spaces creates an open and welcoming atmosphere, perfect for creating cherished memories with your loved ones. The attention to detail extends to the outdoor spaces as well. The front and back yards have been meticulously landscaped to enhance the overall curb appeal while providing a serene backdrop for outdoor activities or simply enjoying the Texas sunshine. Don't miss this incredible opportunity

Investor Tools

Property Icon
$493,680
Estimated Property Value
$201,815Estimated Mortgage Balance
$291,865Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,962 /month
Positive
Cash Flow Estimate:
$987 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$907/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,418
$493,680
2025
$36,380
$457,300
$493,680
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,418
$493,680

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$209,000
No
First
Jun 11, 2024
Jul 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$201,815
$291,865
59%
41%
$1,254/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$1,254/mo
+$100/mo
3.3%

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.

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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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5201 Lake Arrowhead Dr | Property Details | No Agent List