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B+
NoAgentList RatingHow are grades calculated? Info

$314,000

5521 Tama Dr, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,024 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.55 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Lot Size7,928 sqft

Building Information

Year Built2016
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180129300005060
Lot Number6
SubdivisionFlat Rock Village Addition Phase Ii
Land UseResidential
Legal DescriptionFLAT ROCK VILLAGE ADDITION PHASE II LOT 6 BLOCK 5 ACRES .182
Census Tract004105
Assessed Land Value$37,180
Assessed Improvement Value$271,360
Assessment Year2025

About this property

Amazing new listing in an established neighborhood zoned to China Spring ISD! This beautiful brick home has so much charm and curb appeal with its warm colors and cheerful landscaping, that it will excite you to take a tour inside! Upon entering you will be welcome by a large open concept living, kitchen, and dining room. The brand new hardwood floors throughout the home are absolutely stunning. To the right is a huge bonus room with French doors that could be proposed as an office, play room, sitting room, or even craft room. The possibilities are truly endless with this versatile space. The oversized living room has a great flow into the kitchen and dining room providing the perfect space to host and entertain guests. The sleek kitchen showcases granite countertops, artistic tile backsplash, and stainless steel appliances. Down the hall are two bedrooms and a bathroom. In addition is the generously sized master bedroom with an ensuite bathroom. Here you will find your oasis retreat where you can relax. The bathroom offers dual sinks, soaking tub, separate shower, and walk in closet! Enjoy time in the back yard under the covered patio with friends and family!!

Investor Tools

Property Icon
$314,000
Estimated Property Value
$314,204Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$742/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,338
$308,540
2025
$37,180
$271,360
$308,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,338
$308,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Envoy Mortgage Ltd
Fha
$314,204
Yes
First
Jul 15, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$382,873
N/A
0%
122%
$2,412/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$2,412/mo
$-1,082/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.

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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5521 Tama Dr | Property Details | No Agent List