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$332,000

NAL Estimated Property Value

6400 Summit Ridge Dr, Waco, TX, 76710

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,084 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.1 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesBuilt-In Gas Range, Double Oven

Exterior

Lot Size10,328 sqft

Building Information

Year Built1958
Stories2
Roof Type105
Garage Spaces4

Land Information

APN480266030374004
Lot Number13
SubdivisionLake Shore Hills
Land UseResidential
Legal DescriptionLAKE SHORE HILLS LOT 13 BLOCK B ACRES .2371
Census Tract002600
Assessed Land Value$24,890
Assessed Improvement Value$280,710
Assessment Year2025

About this property

This spacious split-level home in Waco’s desirable Mountainview area checks every box. With a three-car garage, two large living areas, three full bathrooms, and a flexible bonus room that could serve as a home office, hobby space, or fourth bedroom, there’s room for everyone and everything. Curb appeal starts with a mature oak tree, updated windows, gutters, and modern garage doors. Step inside the entry with floor-to-ceiling judge’s paneling and ample closet space. Just off the entry is the main living area, bathed in natural light from bay windows. The adjacent kitchen has been fully updated with custom cabinetry, granite countertops, stainless steel appliances—including a double oven—and sleek fixtures. The breakfast bar easily accommodates 4-5 stools. The spacious dining area is large enough to seat 8 or more and an additional seating area features a floor to ceiling stone fireplace with gas logs. Toward the back of the home, a second, more private living space offers a beautiful original brick wall, full bathroom, and access to the backyard deck via French doors (would make a great guest suite or second primary). An adjoining room with a sliding glass door is currently used as the 4th bedroom, and would make a great office, or creative space. Up a half-flight of stairs are two large bedrooms, a renovated guest bath, and the primary suite, complete with bay windows, and an updated en suite bathroom. Down a half-flight from the main level is the oversized three-car garage, featuring separate storage rooms and a utility area with a sink. Out back, a large deck offers room for multiple seating areas, complete with a retractable awning. There’s plenty of grassy space to enjoy and even has a charming potting shed. Centrally located and just minutes from Mountainview Park with its walking path, playground, and tennis courts—this is a rare find in one of Waco’s most established neighborhoods.

Investor Tools

Property Icon
$332,000
Estimated Property Value
$282,690Estimated Mortgage Balance
$49,310Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,039 /month
Positive
Cash Flow Estimate:
$680 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$513/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,494
$300,141
2025
$24,890
$280,710
$305,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,494
$300,141

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Meridian Bank
Conventional
$286,025
No
First
Sep 3, 2025
Oct 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,690
$49,310
14%
85%
$1,715/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$1,715/mo
$-361/mo
4.9%

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.

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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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6400 Summit Ridge Dr | Property Details | No Agent List