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$461,000

769 Radio Tower Rd, Waco, TX, 76705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,717 Sq Ft
FarmFarm
price_per_sqft$401.72 / sqft
Year BuiltBuilt in 1959

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Oven, Gas Range
FlooringCarpet, Hardwood, Linoleum, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size2 acres

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces2

Land Information

APN260043000151040
SubdivisionTomas De La Vega
Land UseReal, Residential Single-Family
Legal DescriptionTOMAS DE LA VEGA ACRES 2.0
Census Tract003500
Assessed Land Value$31,630
Assessed Improvement Value$360,370
Assessment Year2025

About this property

Own a BEAUTIFUL piece of TEXAS! 68.736 Acres, with TWO Homes (Fixer Uppers with good structure), Brick home is 1717 Sq ft, 3 bd 1.5 bath, attached garage, wood burning fireplace, cedar paneling, some hardwood floors, 2nd home is 1607 Sq FT, 3 bd, 2 bath. Property features a Small Lake loaded with fish, creek, plenty of wildlife, Deer & Turkey, AG EXEMPTION! Barn, Coral, storage container & sheds, Storm-Bomb Shelter with Electricity. Plenty of beautiful trees surround the property along with a creek in the back. COUNTRY LIFE with CITY AMENITIES. Kids can choose between Mart and Riesel HS too! There is plenty of room on this wonderful farm, for raising livestock and horses, gardening, family and friend picnics and entertaining, riding ATVs, hunting, and fishing, so just let your imagination run wild! Schools are Hallsburg, then Riesel or Mart. There is a small corner at the back of the property that is considered a flood zone, Sellers have never had issues with it before.

Investor Tools

Property Icon
$461,000
Estimated Property Value
$512,000Estimated Mortgage Balance
$0Estimated Equity
-11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,139 /month
Positive
Cash Flow Estimate:
$1,380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$645/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,436
$392,000
2025
$31,630
$360,370
$392,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,436
$392,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank
Commercial
$512,000
No
First
Aug 15, 2023
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$677,679
N/A
0%
147%
$4,246/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$4,246/mo
$-2,939/mo
3.4%

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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769 Radio Tower Rd | Property Details | No Agent List