Last 24 Hours
$80,180
NAL Estimated Property Value725 Washington Ln, Waco, TX, 76708
Off Market
Highlights
Interior
Bedrooms —
Bathrooms —Exterior
Lot Size34,412 sqft
Land Information
APN140580550001000
Lot Number1
SubdivisionMarino Estates
Land UseResidential
Legal DescriptionMARINO ESTATES LOT 1 BLOCK 1 ACRES .79
Census Tract004104
Assessed Land Value$80,180
Assessment Year2025
About this property
This is the deal you want! Excellent development potential in Bosqueville ISD at the corner of Rock Creek Rd and Washington Lane. Located in the ETJ of Waco and approximately 9.96+- acres. If you ever thought about developing you’ll want to take a look at this one. The road and utilities are already done for you. Approximately 1700’ of road frontage on Washington Lane across from Bosqueville elementary and the baseball fields. City of Waco water and electric run along Washington lane. Subject to city and county approval we estimate someone could have anywhere from 1-16 home sites possibly. There is a lot of potential here for anyone looking to invest in land!
Investor Tools
$80,180
Estimated Property Value
$49,973Estimated Mortgage Balance
$30,207Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$146/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,346
$80,180
2025
$80,180
N/A
$80,180
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,346
$80,180
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$55,250
No
First
May 13, 2021
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,973
$30,207
37%
62%
$332/mo
12.4%