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Waco 76708 North Lake Waco
10124 Salem Way
Photo of 10124 Salem Way
Sold on Jun 12, 2026

1

Map

$249,900
● House - Off Market

10124 Salem Way

Waco, TX 76708
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,831 Ft²
$1,228
Est. Monthly

About This Property

This price for 4 bedrooms and 2 bathrooms with almost a quarter of an acre in China Spring ISD DO NOT show up often. Come in and make this home your own. Open floor plan with a great kitchen with all black appliances, newer roof as a few years ago, large fenced backyard. What more could you want.
Unit Size
1,831 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$136
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (NTREIS #21255826)

Price History

Date / Event Date Event Price
Jun 12, 2026 Sold
Premium
Sold
Apr 28, 2026 Listed by Bentwood Realty $249,900
Listed by Bentwood Realty

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,044
  • Lot Size Depth Feet: 1,730
  • Lot Size Frontage Feet: 580
  • Total Building Area: 2,271
  • Gross Building Area: 2,271
  • Building Area: 1,831
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,831
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WILLOW BEND
  • Land Acres: 0000000231
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: WILLOW BEND LOT 7 BLOCK 3 ACRES .2306

Neighborhood

  • School District Name: China Spring Independent School District
  • Census Tract: 004105

Zoning

  • Zoning: R1B

Geography

  • Parcel: 18-090908-000307-0
  • Block: 3
  • Lot: 7
  • Municipality: CITY OF WACO
  • Latitude: 31.6265
  • Longitude: -97.2392

    Address

  • Full Address: 10124 Salem Way
  • Address - House Number: 10124
  • Address - Street Name: Salem
  • Address - Suffix Type: Way
  • State: TX
  • City Name: Waco
  • Carrier Code: R025
  • 4-Digit Zip Code: 5879
  • Zip Code: 76708

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $699,443
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.2364
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 67
  • Final Value: 323,164
  • High Value: 399,578
  • Low Value: 246,750

    Market Valuation

  • Market Total Value: $288,240
  • Market Land Value: $36,860
  • Market Improvement Value: $251,380

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $288,240
  • Assessed Land Value: $36,860
  • Assessed Improvements Value: $251,380

    Exemptions

  • Veteran Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 25, 2007
  • Current Sale Recording Date: Oct 03, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007035906
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Lake Waco

Stats & Trends

Median Asking:

$301,965

Sale Price/ft²

$175

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2061 ft²

Average Home Age

18.7 years

Currently For Sale

54 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 10120 Salem Way, Waco, TX, 76708

$2,200 /mo

  • 3 Beds
  • 2 Baths
  • 1,613 ft²
10120 Salem Way, Waco, TX, 76708 Listing by Aaron Tucker

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Amber Sheehan, Bentwood Realty
Last Updated: 5 months ago
Data Source: NTREIS MLS, MLS# 21255826
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 10124 Salem Way built and last sold?
The property at 10124 Salem Way was built in 2006 and last sold on Sep 25, 2007 for $178,900.
How much is this home worth?
The estimated value of the home located at 10124 Salem Way is $0.
What are some comparable homes to 10124 Salem Way?
There are currently no comparable homes to 10124 Salem Way.
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