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$305,000

NAL Estimated Property Value

9420 Colfax Dr, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,922 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$124.82 / sqft
Year BuiltBuilt in 2015

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

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

Exterior

Lot Size7,971 sqft

Building Information

Year Built2015
Stories2
Roof Type105
Garage Spaces2

Land Information

APN180129290001010
Lot Number1
SubdivisionFlat Rock Village Addition Phase 1
Land UseResidential
Legal DescriptionFLAT ROCK VILLAGE ADDITION PHASE 1 LOT 1 BLOCK 1 ACRES .183
Census Tract004105
Assessed Land Value$37,230
Assessed Improvement Value$262,010
Assessment Year2025

About this property

Modern Design and Style hold the heart of this 3 bedroom 2 and a half bath well maintained home in top-rated China Spring ISD. Recently refreshed and move-in ready! All bedrooms are privately and quietly tucked away upstairs with a game room so the down stairs spaces remain clean and presentable. The Open Kitchen-to-dining-to-Living space faces the rear of the home and is well lit by windows that over look the spacious back yard - small shed included with sale! Situated on a corner lot with no back-yard neighbors extends your line of sight to surrounding trees. This street is closed to eliminate any "through traffic" making it safe for front yard play. You could, literally, walk to the Lake Waco Golf Club and course - grab one of their famous burgers from the grill after a winning round! Elementary and Intermediate School bus' pick up and drop off at the corner! Yep! this is home!

Investor Tools

Property Icon
$305,000
Estimated Property Value
$248,796Estimated Mortgage Balance
$56,204Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,830 /month
Positive
Cash Flow Estimate:
$610 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$568/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,297
$299,240
2025
$37,230
$262,010
$299,240
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,297
$299,240

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Sente Mortgage Inc
Va
$274,540
Yes
First
Jun 11, 2021
Jul 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,796
$56,204
18%
82%
$1,647/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,647/mo
$-317/mo
5.2%

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.

Explore Texas Explore This Area
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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9420 Colfax Dr | Property Details | No Agent List