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Waco 76708 North Lake Waco
10609 Granada Drive
$197,000
● House - Off Market

10609 Granada Drive

Waco, TX 76708
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,613 Ft²
$225,905
RealtyHop Estimate
13.52%
Since Oct 1, 2021
National-US
Primary Model

About This Property

You won't want to miss out on this great opportunity with this brick home in China Spring school district. The living room is vey spacious with high vaulted ceiling. Home will need new paint and there is a flooring allowance so you can make this home your own!
Unit Size
1,613 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$123
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2010

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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: 6 months ago (NTREIS #14630309)

Price History

Date / Event Date Event Price
Sep 2, 2021 Sold
Premium
Sold
Jul 16, 2021 Listed by Ranch Masters $199,000
Listed by Ranch Masters
You won't want to miss out on this great opportunity with this brick home in China Spring school district. The living room is vey spacious with high vaulted ceiling. Home will need new paint and there is a flooring allowance so you can make this home your own!

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2010
  • Effective Year Built: 2010
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • 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: 6,600
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,053
  • Gross Building Area: 2,053
  • Building Area: 1,613
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,613
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUGAR RIDGE ADDN PT II PH II
  • Land Acres: 0000000152
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: COUGAR RIDGE ADDN PT II PH II LOT 11 BLOCK 5 ACRES .1515

Neighborhood

  • School District Name: China Spring Independent School District
  • Census Tract: 004104

Zoning

  • Zoning: R

Geography

  • Parcel: 18-021006-000511-0
  • Block: 5
  • Lot: 11
  • Municipality: CITY OF WACO
  • Latitude: 31.6325
  • Longitude: -97.2367

    Address

  • Full Address: 10609 Granada Dr
  • Address - House Number: 10609
  • Address - Street Name: Granada
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Waco
  • Carrier Code: R023
  • 4-Digit Zip Code: 6149
  • Zip Code: 76708

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $546,455
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.2759
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 60
  • Final Value: 265,227
  • High Value: 338,427
  • Low Value: 192,027

    Market Valuation

  • Market Total Value: $212,670
  • Market Land Value: $18,810
  • Market Improvement Value: $193,860

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $212,670
  • Assessed Land Value: $18,810
  • Assessed Improvements Value: $193,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 03, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021035877
  • Previous Sale Recording Date: Aug 17, 2010
  • Previous Sale Contract Date: Aug 16, 2010
  • Previous Sale Amount: $118,900
  • Previous Sale Document Type: 70
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:

$301,983

Sale Price/ft²

$175

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2043 ft²

Average Home Age

18.2 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 5717 Berkley Heights Drive, Waco, TX, 76708

$2,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,953 ft²
5717 Berkley Heights Drive, Waco, TX, 76708 Listing by Cameron Gomez

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Lori Proctor, Ranch Masters
Last Updated: 6 months ago
Data Source: NTREIS MLS, MLS# 14630309
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 10609 Granada Drive built and last sold?
The property at 10609 Granada Drive was built in 2010 and last sold on Sep 3, 2021 for $197,000.
How much is this home worth?
The estimated value of the home located at 10609 Granada Drive is $204,659.
What are some comparable homes to 10609 Granada Drive?
There are currently no comparable homes to 10609 Granada Drive.
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