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$348,600

9917 Ridings Dr, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,870 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.19 / sqft
Year BuiltBuilt in 2024

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Water Heater, Microwave
FlooringTile, Vinyl

Exterior

Lot Size7,405 sqft

Building Information

Year Built2023
Stories1
Roof Type105
Garage Spaces2

Land Information

APN140383280004020
Lot Number2
SubdivisionSaddle Creek Ii Ph 2
Land UseReal, Residential Single-Family
Legal DescriptionSADDLE CREEK II PH 2 LOT 2 BLOCK 4 ACRES 0.17
Census Tract004104
Assessed Land Value$76,980
Assessed Improvement Value$271,620
Assessment Year2025

About this property

Talk about a prime location. This brand new build by Barn Light Homes sits directly in the middle of all the action that's happening in the China Spring/Bosqueville area. Known for their workmanship and trendy designs, Barn Light has done it again. 9917 Ridings is nearing completion and ready for that buyer who wants a brand new home they can move into over the Summer. With a refined country flair and a touch of contemporary charm, this open concept 3 bedroom home appeals to almost everyone. The spacious kitchen with oversized island serves as the heart of the home, and works perfect whether your entertaining a group of friends or just relaxing for a small dinner. This home is designed to be energy effecient, with full foam construction, Hardie siding, Low E galss and overly effecient HVAC systems. Located off of the CS Hwy, close to the airport, Lake Waco and the golf course.

Investor Tools

Property Icon
$348,600
Estimated Property Value
$167,500Estimated Mortgage Balance
$184,049Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$718/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,875
$348,600
2025
$76,980
$271,620
$348,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,875
$348,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$167,500
Yes
First
May 2, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,551
$184,049
52%
47%
$1,005/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,005/mo
+$365/mo
4.7%

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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9917 Ridings Dr | Property Details | No Agent List