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$275,000

NAL Estimated Property Value

706 Indian Springs Dr, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,566 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$188.38 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,581 sqft

Building Information

Year Built1995
Stories1
Roof Type105
Garage Spaces2

Land Information

APN140385050065620
Lot Number2
SubdivisionStation Creek
Land UseResidential
Legal DescriptionSTATION CREEK LOT 2 BLOCK 9 ACRES .197
Census Tract004104
Assessed Land Value$39,300
Assessed Improvement Value$229,190
Assessment Year2025

About this property

Bosqueville Beauty! The ideal location; minutes to Cameron Park, downtown Waco, Magnolia, MCC and Baylor University. Lovingly maintained and updated, this 3BR/2BA has the features and custom details you’ve been looking for. Spacious living with vaulted wood ceiling, built-ins and woodburning fireplace with river rock surround. Updated eat-in kitchen features stainless appliances including the counter depth refrigerator, granite counters, and glass tile backsplash. The warm wood focal wall in the dining area lends to a cozy feel. French doors off the dining lead to the tranquil backyard. Enjoy that cup of coffee or evening cocktail on the patio under the mature majestic oaks. Wood laminate flooring in kitchen, living and halls. Split bedroom floor plan with isolated primary suite. En suite bath with dual sinks & closets, separate tub and shower. Second bedroom features custom full sized built-in bunk beds and walk in closet. Third bedroom is perfect for those work from home days. Currently used as an office with wood ceiling and built-in desk in closet. Two car side entry garage (garage door replaced in 2020) with built in cabinetry, sprinkler system, roof replaced in 2020, double gate off driveway with RV or boat parking and 50 amp breaker.

Investor Tools

Property Icon
$275,000
Estimated Property Value
$0Estimated Mortgage Balance
$275,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$484/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,436
$268,490
2025
$39,300
$229,190
$268,490
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,436
$268,490

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$275,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
N/A
+$1,330/mo
5.8%

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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706 Indian Springs Dr | Property Details | No Agent List