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$294,000

NAL Estimated Property Value

9401 Colfax Dr, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,688 Sq Ft
price_per_sqft$133.29 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator
FlooringCarpet, Laminate, Tile

Exterior

Lot Size13,547 sqft

Building Information

Year Built2015
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180129290001070
Lot Number7
SubdivisionFlat Rock Village Addition Phase 1
Land UseResidential
Legal DescriptionFLAT ROCK VILLAGE ADDITION PHASE 1 LOT 7 BLOCK 1 ACRES .311
Census Tract004105
Assessed Land Value$47,960
Assessed Improvement Value$242,590
Assessment Year2025

About this property

HUGE YARD! China Spring ISD...Don't miss this 3 bedroom 2 bath one-owner home on 1/3 an acre. Biggest lot in the neighborhood! Located in Flat Rock village, this home boasts a split floor plan, large bedrooms, a jetted whirlpool tub in the master and his/her closets.

Investor Tools

Property Icon
$294,000
Estimated Property Value
$198,011Estimated Mortgage Balance
$95,989Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,764 /month
Positive
Cash Flow Estimate:
$588 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$550/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,129
$290,550
2025
$47,960
$242,590
$290,550
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,129
$290,550

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Fha
$219,780
Yes
First
Mar 2, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,011
$95,989
32%
67%
$1,318/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,318/mo
+$12/mo
5.4%

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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9401 Colfax Dr | Property Details | No Agent List