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$280,000

NAL Estimated Property Value

5819 Fairview Dr, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,890 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$153.39 / 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
AppliancesDisposal, Electric Oven, Gas Range, Gas Water Heater, Microwave, Double Oven, Refrigerator
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size14,301 sqft

Building Information

Year Built1961
Roof Type105
Garage Spaces2

Land Information

APN480266000099004
Lot Number5
SubdivisionLake Air Village
Land UseResidential
Legal DescriptionLAKE AIR VILLAGE LOT 5 BLOCK 11 ACRES .3283
Census Tract002600
Assessed Land Value$38,180
Assessed Improvement Value$211,370
Assessment Year2025

About this property

Located in the desirable Mountainview area and uniquely situated on a large corner lot, this thoughtfully updated 1.5-story home offers both space and flexibility. The main level features a bright living area with vinyl plank flooring and updated double-pane windows throughout. The kitchen and dining area has been beautifully remodeled with granite countertops, a stainless steel appliances including a Bosch smart dishwasher, smart fridge and a duel fuel stove with gas cooktop and electric double oven. Nearby, you’ll find a great-sized pantry tucked beneath the stairs—perfect for extra storage or small appliance overflow. Two spacious downstairs bedrooms and a full bath completely updated with beautiful marble tile are set apart by a privacy door, creating an ideal setup for an optional lower level owner’s suite. Upstairs features oak hardwood floors and a second living area with enough space for guest room accommodations. A third bedroom and a second full bath with flawless vintage tile round out the upstairs space. Along the sloped roofline, you’ll also find lots of storage tucked behind the knee walls, as well as additional attic space, perfect for keeping seasonal items out of sight. Other improvements include updated insulation, drywall, interior doors, trim, baseboards, crown molding, recessed lighting, and a Wi-Fi enabled attic fan with additional venting to improve energy efficiency. There’s even a utility sink in the garage for easy cleanup after yard work or projects! Outside, a covered patio opens to a spacious and inviting backyard, complete with an additional seating area centered around a fire pit—ideal for relaxed evenings or entertaining.

Investor Tools

Property Icon
$280,000
Estimated Property Value
$231,366Estimated Mortgage Balance
$48,634Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,739 /month
Positive
Cash Flow Estimate:
$580 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,511
$247,052
2025
$38,180
$211,370
$249,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,511
$247,052

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$234,800
No
First
Jul 25, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,366
$48,634
17%
83%
$1,408/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,408/mo
$-101/mo
5.6%

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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5819 Fairview Dr | Property Details | No Agent List