31
Map
$187,500
●
Condo -
Off Market
2901 Lake Shore Drive #405
Waco, TX 76708
2 Beds
2 Baths
1,178 Ft²
$1,684
Est. Monthly
$398
HOA / Fees
About This Property
Welcome home to this beautifully updated 2-bedroom, 2-bath condo
offering comfort, style, and low-maintenance living. Immaculately
clean and filled with natural light, this light and bright home
features an inviting living room with a cozy wood-burning fireplace
- perfect for relaxing evenings at home.
The updated kitchen showcases granite countertops, stainless steel appliances, and plenty of cabinet space, with the refrigerator conveying with the home for added convenience. Both bedrooms are spacious and well-appointed, creating a comfortable retreat for owners and guests alike.
Step outside onto the beautiful deck and enjoy scenic views in a peaceful setting - the perfect spot for morning coffee or evening unwinding.
The HOA provides exceptional value by maintaining the community pool, landscaping, water utility bill, and exterior structure insurance, allowing for easy, worry-free living. This move-in-ready condo combines modern updates, beautiful surroundings, and convenient amenities in one exceptional package.
The updated kitchen showcases granite countertops, stainless steel appliances, and plenty of cabinet space, with the refrigerator conveying with the home for added convenience. Both bedrooms are spacious and well-appointed, creating a comfortable retreat for owners and guests alike.
Step outside onto the beautiful deck and enjoy scenic views in a peaceful setting - the perfect spot for morning coffee or evening unwinding.
The HOA provides exceptional value by maintaining the community pool, landscaping, water utility bill, and exterior structure insurance, allowing for easy, worry-free living. This move-in-ready condo combines modern updates, beautiful surroundings, and convenient amenities in one exceptional package.
Unit Size
1,178 Ft²
Days on Market
-
Land Size
0.10 acres
Price per sqft
$165
Property Type
Condo
Property Taxes
$328
HOA Dues
$398
Year Built
1974
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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: 2 months ago (NTREIS #21266043)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 25, 2026 | Sold | ||
| Sold | |||
| Aug 24, 2026 | In contract | - | |
| In contract | |||
| Jul 27, 2026 | Price Decreased |
$194,900
↓ $5K
(2.5%) | |
| Price Decreased | |||
| May 14, 2026 | Listed by Camille Johnson | $199,900 | |
| Listed by Camille Johnson | |||
Property Highlights
Parking Available
Fireplace
Parking Details
Parking Features: Assigned
Interior Details
Full Bathrooms: 2
Interior Features: Granite Counters, High Speed Internet, Walk-In Closet(s)
Appliances: Dishwasher, Disposal, Electric Range, Refrigerator
Has Fireplace
Fireplace Features: Wood Burning
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1178
Year Built: 1974
Levels: Multi/Split
Lot Size Area: 0.1
Lot Size Units: Acres
Lot Size Acres: 0.1
Lot Size Square Feet: 4356
Tax Lot: 1
Financial Details
Tax Annual Amount: $3,939
Location Details
HOA/Condo/Coop Fee Includes: Insurance, Maintenance Grounds, Maintenance Structure, Trash, Water, Back Yard Maintenance, Front Yard Maintenance, Full Use of Facilities
HOA Fee: $398
HOA Fee Frequency: Monthly
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 |
|---|---|---|---|---|---|---|---|
|
04/01/2026
|
2 Bed
|
2 Bath
|
1178 ft²
|
$220,000
2 Bed
2 Bath
1178 ft²
|
$207,500
-5.68%
05/06/2026
|
Joslyn Horn
Camille Johnson
| |
|
08/28/2025
|
2 Bed
|
2 Bath
|
1178 ft²
|
$220,000
2 Bed
2 Bath
1178 ft²
|
-
-
|
Joslyn Horn
Camille Johnson
| |
|
05/16/2022
|
2 Bed
|
2 Bath
|
1178 ft²
|
$175,000
2 Bed
2 Bath
1178 ft²
|
-
-
|
Celina Fuller Eastland
Weichert, Realtors - The Eastland Group
| |
|
09/24/2021
|
2 Bed
|
-
|
1178 ft²
|
$175,000
2 Bed
-
1178 ft²
|
$177,500
+1.43%
10/01/2021
|
Ashley Burgess Weist
Kelly
|
Building Info
2901 Lake Shore Drive
2901 Lake Shore Drive, Waco, TX 76708
- 1 Unit for Sale
About Cedar Ridge
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Listed by: Joslyn Horn, Camille Johnson
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21266043
Details provided by NTREIS and may not match the public record
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21266043
Details provided by NTREIS and may not match the public record
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