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$342,170

6605 Elephant Butte, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,158 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.59 / sqft
Year BuiltBuilt in 2020

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringCarpet, Tile

Exterior

Lot Size8,276 sqft

Building Information

Year Built2020
Stories2
Roof Type105
Garage Spaces2

Land Information

APN180183140004570
Lot Number57
SubdivisionFoxborough Addn Ph 8
Land UseResidential
Legal DescriptionFOXBOROUGH ADDN PH 8 LOT 57 BLOCK 4 ACRES .19
Census Tract004105
Assessed Land Value$42,130
Assessed Improvement Value$300,040
Assessment Year2025

About this property

Delightful well maintained two-story home nestled in the China Spring ISD! Offering 3 bedrooms and 2.5 baths, this home effortlessly combines style with functionality. Step inside to discover a spacious open-concept living, kitchen and dining area, perfect for entertaining and everyday living. Upstairs, an open flex room provides versatility to suit your lifestyle, whether you envision it as a secondary living space or a dedicated home office. The master suite is a retreat within itself, featuring a luxurious bathroom complete with dual sinks and a large shower, ideal for unwinding after a long day. The exterior of the home is equally impressive; enjoy the perks of a two-year-old roof and a fully wooden fenced backyard, ensuring privacy and peace of mind. An extended back porch and covered patio enhances the outdoor living experience, offering a wonderful space for family and friend gatherings. Situated in a vibrant community, this property is a true Waco treasure! Make an appointment! Make it Your Home!

Investor Tools

Property Icon
$342,170
Estimated Property Value
$312,000Estimated Mortgage Balance
$34,270Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,053 /month
Positive
Cash Flow Estimate:
$684 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$643/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,009
$342,170
2025
$42,130
$300,040
$342,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,009
$342,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$312,000
No
First
Aug 13, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$307,900
$34,270
10%
90%
$1,871/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,871/mo
$-501/mo
4.8%

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.

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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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6605 Elephant Butte | Property Details | No Agent List