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$481,000

NAL Estimated Property Value

838 Country Lane Drive, Waco, TX, 76657

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,622 Sq Ft
price_per_sqft$190.66 / sqft
Year BuiltBuilt in 1995

Property Lead Type:

Off-Market ListHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size23,527 sqft

Building Information

Year Built1995
Stories2
Roof Type105
Garage Spaces4

Land Information

APN362433000024250
Lot Number33
SubdivisionMeadowland Est
Land UseResidential
Legal DescriptionMEADOWLAND EST LOT 33 BLOCK 2 ACRES .5401
Census Tract003902
Assessed Land Value$21,880
Assessed Improvement Value$434,450
Assessment Year2025

About this property

Fabulous move-in ready 4-bed, 3-bath on over a half acre with a 3-car garage zoned for South Bosque Elementary! Impossible to find all of that under $500K? Just keep reading! Inside, you’ll find a bright, open living space with soaring vaulted ceilings and massive windows that flood the home with natural light. The flexible floor plan includes two bedrooms downstairs, including the spacious primary suite, and two additional bedrooms upstairs, ideal for guests, kids, or a home office setup. A formal dining room and cozy breakfast nook provide space for both entertaining and everyday living, while the kitchen features granite countertops and a new built-in oven. Step outside to a huge backyard shaded by mature trees, perfect for play, pets, or future outdoor projects. The rare 3-car garage offers plenty of space for vehicles, storage, or a workshop. With thoughtful updates throughout, this home is clean and move-in ready with just enough left for you to make it your own. Offered at $499,900, come see what makes this one special.

Investor Tools

Property Icon
$481,000
Estimated Property Value
$354,735Estimated Mortgage Balance
$126,265Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,999 /month
Positive
Cash Flow Estimate:
$1,000 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$731/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,362
$419,265
2025
$21,880
$434,450
$456,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,362
$419,265

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Conventional
$360,000
No
First
Jul 30, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$354,735
$126,265
26%
74%
$2,159/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,630/mo
$2,159/mo
$-529/mo
4.1%

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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838 Country Lane Drive | Property Details | No Agent List