$137,250
●
Condo -
Off Market
2903 Lake Shore Drive #302
Waco, TX 76708
2 Beds
1 Bath
1,017 Ft²
$1,072
Est. Monthly
$335
HOA / Fees
9.85%
Cap Rate
About This Property
Charming 2-Bedroom, 1-Bath Condo with Scenic Lake View is
available.
Nestled in a peaceful, well-maintained community, this charming 2-bedroom, 1-bath condominium offers an open-concept living space brimming with natural light. Perfect for relaxing or entertaining, the spacious layout is move-in ready, featuring a refrigerator and washer and dryer included for your convenience.
Step outside to your private deck and soak in the stunning lake view - the ideal backdrop for morning coffee or evening relaxation.
The HOA covers many essential services, including water, lawn care, and outdoor maintenance, so you can focus on enjoying all that this community has to offer. Take advantage of the refreshing community pool, perfect for those warm Waco days.
With its unbeatable location just minutes from Baylor University, Waco Regional Airport, and Magnolia, this condo offers the ultimate blend of comfort, convenience, and tranquility.
Call today to schedule your private showing! Owners are eager to sell!
Nestled in a peaceful, well-maintained community, this charming 2-bedroom, 1-bath condominium offers an open-concept living space brimming with natural light. Perfect for relaxing or entertaining, the spacious layout is move-in ready, featuring a refrigerator and washer and dryer included for your convenience.
Step outside to your private deck and soak in the stunning lake view - the ideal backdrop for morning coffee or evening relaxation.
The HOA covers many essential services, including water, lawn care, and outdoor maintenance, so you can focus on enjoying all that this community has to offer. Take advantage of the refreshing community pool, perfect for those warm Waco days.
With its unbeatable location just minutes from Baylor University, Waco Regional Airport, and Magnolia, this condo offers the ultimate blend of comfort, convenience, and tranquility.
Call today to schedule your private showing! Owners are eager to sell!
Unit Size
1,017 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$147
Property Type
Condo
Property Taxes
-
HOA Dues
$335
Year Built
-
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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: 2 years ago (NTREIS #228378)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 16, 2025 | Sold | ||
| Sold | |||
| Jun 18, 2025 | In contract | - | |
| In contract | |||
| Feb 24, 2025 | Listed by Camille Johnson | $149,900 | |
| Listed by Camille Johnson | |||
Property Highlights
Parking Available
Air Conditioning
Fireplace
Parking Details
Parking Features: Assigned, Carport, Detached Carport
Interior Details
Full Bathrooms: 1
Interior Features: Built-in Features, Cable TV Available, High Speed Internet Available
Appliances: Disposal, Electric Water Heater, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
Flooring Type: Carpet, Laminate, Tile
Fireplace Features: Free Standing, Wood Burning
Fireplaces: 1
Exterior Details
Has Property Attached
Square Footage: 1017
Year Built: 1974
Window Features: Window Coverings
Construction Materials: Stone Veneer
Patio and Porch Features: Covered, Patio
Pool Features: In Ground
Lot Features: Water/Lake View
Lot Size Area: 0.35
Lot Size Units: Acres
Lot Size Acres: 0.35
Lot Size Square Feet: 15246
Tax Lot: 1
Utilities Details
Cooling Type: Central Air, Electric
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Fee Includes: Maintenance Grounds, Maintenance Structure, Water, Back Yard Maintenance, Front Yard Maintenance, Full Use of Facilities
HOA Fee: $335
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 |
|---|---|---|---|---|---|---|---|
|
05/01/2026
|
2 Bed
|
2 Bath
|
1178 ft²
|
$199,000
2 Bed
2 Bath
1178 ft²
|
$188,000
-5.53%
06/26/2026
|
Melissa Youmans
Kelly
| |
|
02/13/2026
|
2 Bed
|
2 Bath
|
1178 ft²
|
$189,000
2 Bed
2 Bath
1178 ft²
|
$180,400
-4.55%
05/08/2026
|
Douglas Eastland
Weichert, Realtors - The Eastland Group
| |
|
03/14/2025
|
2 Bed
|
2 Bath
|
1178 ft²
|
$199,900
2 Bed
2 Bath
1178 ft²
|
-
-
|
Celina Fuller Eastland
Weichert, Realtors - The Eastland Group
| |
|
02/24/2025
|
2 Bed
|
1 Bath
|
1017 ft²
|
$149,900
2 Bed
1 Bath
1017 ft²
|
$137,250
-8.44%
07/16/2025
|
Joslyn Horn
Camille Johnson
| |
|
11/04/2024
|
3 Bed
|
2 Bath
|
1389 ft²
|
$195,000
3 Bed
2 Bath
1389 ft²
|
$195,000
10/08/2025
|
Blair Gulley
AG Real Estate & Associates
| |
|
10/25/2023
|
3 Bed
|
2 Bath
|
1389 ft²
|
$220,000
3 Bed
2 Bath
1389 ft²
|
-
-
|
Marilyn Cameron
Texas Premier Realty
| |
|
09/28/2023
|
2 Bed
|
2 Bath
|
1178 ft²
|
$197,500
2 Bed
2 Bath
1178 ft²
|
-
-
|
Renee Gillette
Local Life Realty
| |
|
03/03/2023
|
2 Bed
|
2 Bath
|
1178 ft²
|
$219,900
2 Bed
2 Bath
1178 ft²
|
-
01/02/2024
|
Celina Fuller Eastland
Weichert, Realtors - Realty Experts
| |
|
05/13/2020
|
3 Bed
|
2 Bath
|
1389 ft²
|
$145,000
3 Bed
2 Bath
1389 ft²
|
-
-
|
-
| |
|
04/12/2020
|
2 Bed
|
2 Bath
|
1178 ft²
|
$134,900
2 Bed
2 Bath
1178 ft²
|
-
-
|
-
|
Building Info
About Cedar Ridge
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Listed by: Joslyn Horn, Camille Johnson
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 228378
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 228378
Details provided by NTREIS and may not match the public record
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