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B+
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$261,000

6505 Mundo Dr, Waco, TX, 76712

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,493 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$174.08 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave, Electric Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesFire Pit
Lot Size7,802 sqft

Building Information

Year Built2008
Stories2
Roof Type105
Garage Spaces2

Land Information

APN363334000007310
Lot Number31
SubdivisionSendero Springs Phase Two
Land UseResidential
Legal DescriptionSENDERO SPRINGS PHASE TWO LOT 31 BLOCK 7 ACRES .1791
Census Tract003709
Assessed Land Value$40,330
Assessed Improvement Value$205,940
Assessment Year2025

About this property

[ BACK ON DUE TO BUYER FINANCING] Welcome to this charming split-level home boasting 3 spacious bedrooms and 2 full baths, plus half bath covering a comfortable 1,493 square feet. Nestled in a Sendero Springs neighborhood, this residence offers an ideal layout for both relaxation and entertaining. As you step inside, you'll be greeted by open living and tall ceilings, two living spaces (one up and down), and lots of natural light. The well-appointed kitchen features sleek stainless steel appliances, ample counter space, and a dining area that's perfect for enjoying meals. The primary bedroom is on the main level and features an ensuite bathroom with double sinks and a walk-in closet, providing ample storage and convenience. Guest bedrooms and full bathroom can be found on the second level of the home. The home is situated within Castleman Creek Elementary, Midway ISD. . Outside, you'll find a fully fenced backyard, providing a safe and private space for outdoor activities. A convenient storage shed adds extra space for your tools and belongings.

Investor Tools

Property Icon
$261,000
Estimated Property Value
$254,308Estimated Mortgage Balance
$2,103Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,566 /month
Positive
Cash Flow Estimate:
$522 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
$40/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,607
$246,270
2025
$40,330
$205,940
$246,270
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,607
$246,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Movement Mortgage
Fha
$254,308
Yes
First
Aug 9, 2024
Sep 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,897
$2,103
0%
99%
$1,603/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,470/mo
$1,643/mo
$-173/mo
6.8%

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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6505 Mundo Dr | Property Details | No Agent List