Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$489,900

For Sale - Active
1705 Live Oak Valley Cir, Waco, TX 76710
3 Beds
3 Baths
2,456 Square Feet
0.30 Acres Lot
Built in 1973
For Sale - Active
Units n/a
Checked: 17 hours ago
Updated: May 30, 2025 at 10:30AM

Investment Summary


Monthly Cash Flow
-$1,525
Cap Rate
2.5%
Cash-on-Cash Return
-16.2%
Debt Coverage Ratio
0.40
Internal Rate of Return (5 years)
-11.7%

Property Description


0.30 Acres Lot
Built in 1973
For Sale - Active
Units n/a

Don't miss your chance to see this amazing home with the character of a timeless neighborhood and the finish out of a brand new build! This charming traditional brick home is on a quiet cul-de-sac in the heart of Waco. The location is minutes from Ridgewood Country Club and close to shopping, restaurants, and local medical facilities. The interior has been completely redone and updated with all new finishes, fixtures, flooring, and designer paint colors. The family room ceiling was lifted and taken up to a vault that's accented with gorgeous wood beams -- enhancing the open concept and feel of the space. There's plenty of room in this area off the entry to combine a formal dining area with a large family room that has a fireplace as its focal point. French doors separate an entrance to another space that would be the perfect home office or second living area. It has a wall of built-ins and is also accessible from the kitchen. The kitchen has a huge eating bar and serving counter, brand new GE appliances, an oversized walk in pantry, and a cozy breakfast nook. There's a nice covered back patio that connects to the flatwork for the rear entry 2 car garage and the additional 2 car covered carport. This provides plenty of space to not only park vehicles, but to also have a big concrete area for play or entertaining. There's a half bath down a hallway near the entry that is accessible for guests, and the three bedrooms are all down this wing of the home. The master suite has separate closets, granite counters in the bathroom, a big tiled shower, and plenty of open dressing space. The other two bedrooms are a good size with ample closet space, and they share a hall bathroom. Plantation shutters cover most all of the windows, and the vinyl plank flooring that runs throughout the house is both beautiful and functional. The street, Live Oak Valley Circle, is lined and filled with beautiful mature oaks and other lovely trees....creating a picturesque scene as you dr

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Mixed
  • Details: Detached Carport, Garage Faces Rear
  • Garage Spaces: 4
  • Spaces Total: 4

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 9
  • # of Stories: 1
  • Fireplace: Yes

Exterior Features

  • Exterior Walls Materials: Brick
  • Foundation: Slab
  • Roof Material: Composition

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 480274070006007
  • Lot Size: 12980 sqft

Property Information

  • Property Type: Single Family Residence
  • Year Built: 1973

Tax Information

  • Annual Tax: $8,435

Utilities

  • Heating: Exhaust Fan, Central, Electric, Natural Gas
  • Cooling: Central Air, Electric, Gas

Location

  • County: Mc Lennan

Listing Details


Listed by:
Lisa Horn
Camille Johnson
(254) 744-4517

Source:
North Texas Real Estate Information Systems (NTREIS)
MLS#: 227714
North Texas Real Estate Information Systems (NTREIS)

Investment Summary


Monthly Cash Flow
-$1,525
Cap Rate
2.5%
Cash-on-Cash Return
-16.2%
Debt Coverage Ratio
0.40
Internal Rate of Return (5 years)
-11.7%

Purchase Details

Find an Agent

Purchase price:
$489,900
Amount financed:
-$391,920
Down payment:
$97,980
Closing costs:
$14,697
Rehab costs:
$0
Initial cash invested:
$112,677
Square feet:
2,456
Cost per square foot:
$199
Monthly rent per square foot:
$1.02

Financing Details

Find a Lender

Loan amount:
$391,920
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.770%
Principal & interest:
$2,547
Property tax:
$703
Insurance:
$175
Private mortgage insurance (PMI):
$0
Monthly payment:
$3,425

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$2,500 $30,000
Vacancy loss: (6%)
6% -$150 -$1,800
Operating income:
$2,350 $28,200

Operating Expenses


% Rent Monthly Yearly
Property taxes: (28%)
28%-$703-$8,435
Insurance: (7%)
7%-$175-$2,100
Property management: (8%)
8%-$200-$2,400
Repairs & maintenance: (5%)
5%-$125-$1,500
Capital expenditures: (5%)
5%-$125-$1,500
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (53%)
53%-$1,328-$15,935

Cash Flow


Monthly Yearly
Net operating income:
$1,022 $12,264
Mortgage payments:
-$2,547 -$30,564
Cash flow:
$1,525 $18,300