$154,508*
●
Condo -
Off Market
1500 Lake Shore Drive #401
Waco, TX 76708
3 Beds
2 Baths,
1
Half Bath
1,092 Ft²
$117,000 - $141,000
Reference Base Price*
18.94%
Since Jun 1, 2021
National-US
Primary Model
About This Property
Charming 3 bedroom/1.5 bath condo in the gated complex at 1500 Lake
Shore Dr. This spacious unit is nicely situated at the back
of the complex and just a short walk to the community pool! Nicely
updated inside, the kitchen features newer countertops & stainless
appliances & new carpeting throughout the upstairs bedrooms.
Peaceful back patio with park-like greenery surroundings.
HOA covers water/sewer/trash, grounds keeping, lawn & pool
maintenance AND basic cable & internet! Convenient location - just
minutes to MCC, Baylor, airport & everything Waco has to offer!
The manager has listed the unit size as 1092 square feet.
The manager has listed the unit size as 1092 square feet.
Unit Size
1,092 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$119
Property Type
Condo
Property Taxes
$2,171
HOA Dues
$21
Year Built
1983
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 20, 2022 | No longer available | - | |
| No longer available | |||
| Sep 13, 2022 | Listed | $165,000 | |
| Listed | |||
| | |||
|
Charming 3 bedroom/1.5 bath condo in the gated complex at 1500 Lake Shore Dr. This spacious unit is nicely situated at the back of the complex and just a short walk to the community pool! Nicely updated inside, the kitchen features recently updated countertops & stainless appliances & carpeting throughout the upstairs bedrooms. Peaceful back patio with park-like greenery surroundings. HOA covers water/sewer/trash, grounds keeping, lawn & pool maintenance AND basic cable & internet! Convenient location - just minutes to MCC, Baylor, airport & everything Waco has to offer! The manager has listed the unit size as 1092 square feet.
| |||
| May 8, 2021 | No longer available | - | |
| No longer available | |||
| May 2, 2021 | Price Decreased |
$129,900
↓ $5K
(3.7%) | |
| Price Decreased | |||
| Apr 3, 2021 | Listed | $134,900 | |
| Listed | |||
Property Highlights
Air Conditioning
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
03/01/2026
|
3 Bed
|
1 Bath
|
1092 ft²
|
$150,000
3 Bed
1 Bath
1092 ft²
|
$143,000
-4.67%
05/12/2026
|
Daniel Sauceda Jr
Houston Realty
| |
|
07/18/2025
|
2 Bed
|
1 Bath
|
876 ft²
|
$149,900
2 Bed
1 Bath
876 ft²
|
$130,000
-13.28%
08/03/2026
|
Linda Alesi-Miller
Bosque Real Estate Inc
| |
|
03/12/2025
| |
2 Bed
|
1 Bath
|
876 ft²
|
$198,000
2 Bed
1 Bath
876 ft²
|
-
-
|
Thomas Hanson
Lake Country Real Estate
|
|
01/09/2025
|
3 Bed
|
1 Bath
|
1092 ft²
|
$159,000
3 Bed
1 Bath
1092 ft²
|
-
-
|
Daniel Sauceda Jr
Houston Realty
| |
|
12/12/2023
|
2 Bed
|
1 Bath
|
876 ft²
|
$129,900
2 Bed
1 Bath
876 ft²
|
-
-
|
Alison Brown
Paramount Realty & Management
| |
|
11/03/2023
|
2 Bed
|
1 Bath
|
876 ft²
|
$145,000
2 Bed
1 Bath
876 ft²
|
-
-
|
Colleen Hanks
Weichert, Realtors - The Eastland Group
| |
|
12/23/2022
|
3 Bed
|
1.5 Bath
|
1092 ft²
|
$150,000
3 Bed
1.5 Bath
1092 ft²
|
$179,550
+19.70%
02/10/2023
|
Kyle Begor
The McLeod Company
| |
|
09/13/2022
|
3 Bed
|
2 Bath
|
1092 ft²
|
$165,000
3 Bed
2 Bath
1092 ft²
|
-
-
|
Andrea Ridgway
Coldwell Banker Apex, REALTORS
| |
|
05/12/2022
|
2 Bed
|
1 Bath
|
876 ft²
|
$139,900
2 Bed
1 Bath
876 ft²
|
-
-
|
Mario Cruz-Gonzalez
Coldwell Banker Apex, REALTORS
| |
|
11/30/2021
|
2 Bed
|
2 Bath
|
996 ft²
|
$129,900
2 Bed
2 Bath
996 ft²
|
$146,965
+13.14%
12/29/2021
|
James Gilmore
Bentwood Realty
| |
|
10/01/2021
|
2 Bed
|
-
|
876 ft²
|
$104,000
2 Bed
-
876 ft²
|
$103,000
-0.96%
10/29/2021
|
Edwin Diaz
Coldwell Banker Apex, REALTORS
| |
|
10/01/2021
| |
2 Bed
|
1 Bath
|
876 ft²
|
$104,000
2 Bed
1 Bath
876 ft²
|
-
-
|
Edwin Diaz
Coldwell Banker Apex, REALTORS
|
|
08/20/2021
|
2 Bed
|
2 Bath
|
996 ft²
|
$130,000
2 Bed
2 Bath
996 ft²
|
-
-
|
Kyle Begor
The McLeod Company
| |
|
05/06/2021
|
2 Bed
|
1 Bath
|
876 ft²
|
$98,900
2 Bed
1 Bath
876 ft²
|
-
-
|
-
| |
|
04/03/2021
|
3 Bed
|
2 Bath
|
1092 ft²
|
$134,900
3 Bed
2 Bath
1092 ft²
|
-
-
|
-
| |
|
01/10/2021
|
2 Bed
|
-
|
876 ft²
|
$99,000
2 Bed
-
876 ft²
|
-
-
|
Danya Lane
Texas Luxury and Land
| |
|
03/17/2021
|
2 Bed
|
1 Bath
|
876 ft²
|
$85,000
2 Bed
1 Bath
876 ft²
|
-
-
|
-
| |
|
03/17/2020
| |
2 Bed
|
1 Bath
|
876 ft²
|
$75,000
2 Bed
1 Bath
876 ft²
|
-
-
|
-
|
|
01/06/2020
|
2 Bed
|
1 Bath
|
876 ft²
|
$74,900
2 Bed
1 Bath
876 ft²
|
-
-
|
-
| |
|
08/09/2018
|
2 Bed
|
1 Bath
|
876 ft²
|
-
2 Bed
1 Bath
876 ft²
|
-
-
|
-
|
Building Info
1500 Lake Shore Drive
1500 Lake Shore Drive, Waco, TX 76708
- 1 Unit for Sale
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017