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$203,872

NAL Estimated Property Value

5226 Lake Shore Dr, Waco, TX, 76710

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,325 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$120 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringCarpet, Vinyl

Exterior

Private PoolPrivate Pool

Building Information

Year Built1969
Stories1
Roof Type105

Land Information

APN480241050001030
Lot Number1
SubdivisionIndian Creek
Land UseResidential
Legal DescriptionINDIAN CREEK LOT 1 BLOCK A UNT 3 BLD A 1.695% INDIAN CREEK CONDO UNT 3 BLD A 1.695% INDIAN CREEK CONDO
Census Tract002600
Assessed Land Value$21,750
Assessed Improvement Value$196,200
Assessment Year2025

About this property

Welcome to this charming condo in the desirable Indian Creek neighborhood, ideally situated in the heart of Waco. Enjoy the convenience of a central location close to healthcare facilities, shopping, schools, and restaurants -- all while living in an established neighborhood known for its secure, welcoming atmosphere. This particular unit offers a rare sense of privacy, backing up to a spacious green area that creates an open, peaceful setting. The private back patio is the perfect place to relax and to take in the view. The unit also has two dedicated covered carport parking spaces. Inside, you'll find a flexible floor plan featuring two living spaces that can be arranged to suit your needs....ideal for separate living and dining areas or a home office setup. The kitchen is centrally positioned and open to both spaces, making it perfect for everyday living and entertaining. A cozy wood burning fireplace in the family room adds warmth and character. The primary bedroom includes an ensuite bathroom with a walk in shower and a large walk in closet. The second bedroom is conveniently located near a full hall bath -- perfect for guests or family members. Ample storage throughout the home adds to the functionality and appeal. Residents of Indian Creek enjoy wonderful community amenities, including a swimming pool, clubhouse, and plenty of paved sidewalks for walking. Even better, exterior maintenance is handled by the association, allowing for low-maintenance, lock-and-leave living. The home is priced to allow you to come in and refresh it to perfectly fit your needs and style. Comfort, convenience, and community -- this condo offers it all!

Investor Tools

Property Icon
$203,872
Estimated Property Value
$0Estimated Mortgage Balance
$203,872Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,223 /month
Positive
Cash Flow Estimate:
$408 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$180/month
$365/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,139
$203,872
2025
$21,750
$196,200
$217,950
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,139
$203,872

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$203,872
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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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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5226 Lake Shore Dr | Property Details | No Agent List