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$257,562

NAL Estimated Property Value

607 Dana Drive, Waco, TX, 76706

$296,531 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,318 Sq Ft
price_per_sqft$188.92 / sqft
Year BuiltBuilt in 1976

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Gas Water Heater
FlooringLaminate

Exterior

Exterior FeaturesStorage
Lot Size13,599 sqft

Building Information

Year Built1976
Stories1
Roof Type105
Garage Spaces3

Land Information

APN440090000008000
Lot Number4
SubdivisionLibra
Land UseResidential
Legal DescriptionLIBRA LOT 4 BLOCK 2 ACRES .3122
Census Tract003703
Assessed Land Value$24,070
Assessed Improvement Value$254,400
Assessment Year2025

About this property

607 Dana is a darling 3-bedroom, 2-bathroom, 1,318 square foot home with an open floor plan, nestled on a spacious .31-acre lot with mature trees that provide plenty of shade and privacy. The brick exterior gives classic curb appeal, and the fresh paint + flooring gives the perfect clean slate to customize. With two storage buildings on the property, there’s plenty of room for tools, equipment, or hobbies. Enjoy the convenience of BOTH carport and garage parking. The home is also equipped with a sprinkler system. Inside, you’ll find a cozy wood-burning fireplace perfect for chilly evenings and a gas oven in the kitchen to elevate your cooking experience. Located just 5 minutes from Highway 6 and I-35, this property offers easy access to local amenities, shopping, dining, and Baylor stadiums, all within the highly sought-after Robinson ISD. This home is perfect for anyone looking for a blend of comfort, convenience, and charm in a peaceful setting. Don’t miss out on this fantastic opportunity!

Investor Tools

Property Icon
$257,562
Estimated Property Value
$239,817Estimated Mortgage Balance
$17,745Estimated Equity
6% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$296,531
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,545 /month
Positive
Cash Flow Estimate:
$515 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,699
$257,562
2025
$24,070
$254,400
$278,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,699
$257,562

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Loans
Fha
$244,489
Yes
First
Apr 4, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$239,817
$17,745
6%
93%
$1,466/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,466/mo
$-136/mo
6.2%

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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607 Dana Drive | Property Details | No Agent List