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$247,000

NAL Estimated Property Value

905 N Fork Ranch Rd, Waco, TX, 76705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,265 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.84 / sqft
Year BuiltBuilt in 2021

Property Lead Type:

Off-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater
FlooringTile, Vinyl

Exterior

Lot Size6,098 sqft

Building Information

Year Built2020
Stories1
Roof Type105
Garage Spaces1

Land Information

APN280430300011060
Lot Number6
SubdivisionSouth Fork Ph 20
Land UseResidential
Legal DescriptionSOUTH FORK PH 20 LOT 6 BLOCK 11 ACRES .14
Census Tract001700
Assessed Land Value$36,480
Assessed Improvement Value$199,280
Assessment Year2025

About this property

Welcome to South Fork! This immaculate 3 bedroom, 2 bath home is waiting for you to make it your own. Built by Stylecraft in 2021, the residence offers impressive design and unmatched comfort. A light-filled living space harmoniously combines with an open-concept kitchen to deliver functional living and easy entertaining. The expertly-arranged kitchen with granite countertops and stainless steel appliances complements the property's plentiful entertainment spaces. A vinyl flooring spans the entire home, ensuring easy upkeep. Relax and rejuvenate within the confines of the spacious primary bedroom, which offers a plush retreat at the end of each day. The en-suite features a double sink with granit counters, a separate tub, and a shower. Adding to the charm is a large master closet that provides ample room for storage and organization. The home's exterior is just as captivating. Fenced and roomy, the large backyard provides a safe playground for pets and children. The installed sprinkler system ensures easy lawn maintenance. An attached two-car garage provides ample space for parking or storage. This home's new roof further confirms its excellent condition. Discover this beautiful blend of lifestyle and comfort in Waco, TX close to I35.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$219,827Estimated Mortgage Balance
$27,173Estimated Equity
11% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$611/month
$300/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,103
$235,760
2025
$36,480
$199,280
$235,760
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,103
$235,760

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mega Capital Funding Inc
Fha
$228,021
Yes
First
May 14, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$219,827
$27,173
11%
89%
$1,368/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,668/mo
$-361/mo
6.3%

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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905 N Fork Ranch Rd | Property Details | No Agent List