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$242,000

NAL Estimated Property Value

5517 Fairview Dr, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
price_per_sqft$170.14 / sqft
Year BuiltBuilt in 1961

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Electric Oven, Gas Cooktop, Refrigerator, Washer

Exterior

Lot Size9,601 sqft

Building Information

Year Built1961
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480266000031006
Lot Number5
SubdivisionLake Air Village
Land UseResidential
Legal DescriptionLAKE AIR VILLAGE LOT 5 BLOCK 4 ACRES .2204
Census Tract002600
Assessed Land Value$33,020
Assessed Improvement Value$198,740
Assessment Year2025

About this property

This stunning 3-bedroom residence, perfectly positioned on a desirable corner lot just before a cul-de-sac, is ready to welcome you home. Step inside and prepare to be impressed by the thoughtful updates throughout. Both full bathrooms have been completely remodeled, boasting modern elegance. The heart of the home, the kitchen, has been beautifully updated and ready for your culinary adventures. Enjoy the peace of mind that comes with recent upgrades, including a new fence providing privacy and security for your outdoor enjoyment, and new garage doors adding to the home's pristine curb appeal. With three comfortable bedrooms, there's plenty of space for family, guests, or a home office. The corner lot location offers extra yard space and a sense of openness, while its placement just before the cul-de-sac ensures minimal through traffic, creating a serene environment for you and your loved ones. Living in Mountainview means enjoying close proximity to everything Waco has to offer. Close to the highway 6, Valley Mills Dr, Target, shopping malls, H-E-B, and so much more! Don't miss this incredible opportunity to own a meticulously updated home in one of Mountainview's most desirable locations.

Investor Tools

Property Icon
$242,000
Estimated Property Value
$149,957Estimated Mortgage Balance
$92,043Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,470 /month
Positive
Cash Flow Estimate:
$490 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$363/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,148
$227,598
2025
$33,020
$198,740
$231,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,148
$227,598

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$151,500
Yes
First
Oct 23, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$149,957
$92,043
38%
62%
$909/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$909/mo
+$398/mo
6.5%

City: Waco

5517 Fairview Dr | Property Details | No Agent List