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$255,000

605 Catalina Drive, Waco, TX, 76712

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,572 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$162.21 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

High EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Cooktop, Electric Oven, Gas Water Heater, Microwave
FlooringCarpet, Ceramic Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size17,851 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480366010505007
SubdivisionSampier J M
Land UseResidential
Legal DescriptionSAMPIER J M TRACT 505 ACRES .4098
Census Tract002503
Assessed Land Value$24,100
Assessed Improvement Value$215,300
Assessment Year2025

About this property

Welcome to Catalina Drive, where comfort, convenience, and community come together seamlessly. Located next to Woodway, but considered actually Waco—one of the most desirable areas nearby—this beautifully remodeled ranch-style home offers a rare combination of modern updates and timeless charm. Positioned on a quiet cul-de-sac and set on an expansive .4-acre lot, the shaded streets by mature trees provide a sense of established beauty. This house has everything you need. From the moment you arrive, the home invites you in with its classic exterior and welcoming presence. With an updated interior featuring new flooring, fresh carpet in bedrooms, updated plumbing, a newer roof, a newer water heater, HVAC system, and garage doors—ensuring peace of mind for years to come. The living area is filled with natural light and designed for both everyday comfort and entertaining. The kitchen connects effortlessly to the dining space, creating a natural flow for gatherings and providing a great view to the expansive backyard Each bedroom has a comfortable size while the updated bathrooms feature clean, fresh finishes. Every detail has been considered to create a move-in ready experience. Step outside and experience one of the home’s standout features: the spacious backyard. With plenty of room for outdoor living, recreation, or future additions, it’s a space that adapts to your lifestyle. A storage shed adds practicality, and the two-car garage enhances convenience and offers more storage space. Beyond the home itself, the location is exceptional—just minutes from Hwy 6, offering quick access to shopping, dining, parks, the YMCA, banking, and everyday essentials including medical facilities and specialties. This is more than a home—it’s a lifestyle in a community you’ll love. This is the place where you belong.

Investor Tools

$0Estimated Mortgage Balance
$252,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Lily Flores

Magnolia Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$343/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,850
$209,000
2025
$24,100
$215,300
$239,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,850
$209,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$252,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
N/A
+$1,470/mo
7.0%

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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