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$322,000

NAL Estimated Property Value

5500 Black Horse, Waco, TX, 76708

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,640 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$198.17 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator

Exterior

Lot Size9,583 sqft

Building Information

Year Built2021
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180101160001100
Lot Number10
SubdivisionCopper Springs Addn Ph 2
Land UseResidential
Legal DescriptionCOPPER SPRINGS ADDN PH 2 LOT 10 BLOCK 1 ACRES .22
Census Tract004105
Assessed Land Value$46,290
Assessed Improvement Value$198,710
Assessment Year2025

About this property

Move-In Ready 4-Bedroom, 2 Bath brick home in China Spring ISD! Built in 2021, this beautifully maintained house sits on a spacious corner lot in the highly sought-after China Spring ISD. Featuring stained concrete floors throughout—no carpet—this home offers durability and style in every room. The open-concept floor plan is perfect for entertaining, allowing you to prepare meals in the kitchen while staying connected with guests in the living room. The kitchen is complete with granite countertops, custom cabinetry, stainless steel appliances (including refrigerator), and a bar top providing extra seating. The isolated master suite provides a private retreat with dual vanities, a large walk-in shower, and an oversized walk-in closet. Three additional bedrooms offer flexibility for family, guests, or a home office. Enjoy the outdoors in the fully fenced yard, complete with a sprinkler system for easy lawn maintenance. Conveniently located near schools, restaurants, and China Spring Highway...you don't want to miss this one!

Investor Tools

Property Icon
$322,000
Estimated Property Value
$286,371Estimated Mortgage Balance
$35,629Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$644/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,120
$245,000
2025
$46,290
$198,710
$245,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,120
$245,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Nfm Lending
Conventional
$289,750
No
First
Sep 5, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$286,371
$35,629
11%
89%
$1,738/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,738/mo
$-368/mo
5.1%

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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5500 Black Horse | Property Details | No Agent List