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3716 Laguna Vista Drive
About This Property
Designed for elegant entertaining & comfortable everyday living, this home features 4 bedrooms, 3.5 baths, 2 spacious living areas, 2 dining areas, dedicated office, laundry room, 4-car garage, extensive built-ins & remarkable storage. Walls of windows fill the home with natural light while showcasing the stunning backyard & lake views.
The chef's kitchen is the heart of the home, offering expansive granite countertops, abundant custom cabinetry, premium appliances, large center island, generous workspace & seamless flow into the living & dining areas.
The secluded primary suite is a private retreat with direct patio access, peaceful backyard views, a luxurious bath featuring dual vanities, soaking tub, oversized walk-in shower, abundant cabinetry & 2 oversized walk-in closets.
Upstairs offers 3 generously sized bedrooms, exceptional closet space & spacious second living area ideal for a game room or family retreat. Step onto the private balcony to enjoy panoramic views overlooking the pool, mature trees & the natural beauty surrounding Lake Waco.
The resort-style backyard is designed for year-round enjoyment with a sparkling inground pool, outdoor kitchen, covered patio, beautifully landscaped grounds with rock waterfall & multiple entertaining spaces perfect for hosting unforgettable gatherings.
More than a home, this is a lifestyle. From peaceful mornings overlooking the lake to evenings spent entertaining by the pool, this property offers a rare opportunity to own one of Waco's premier luxury homes with unmatched views, exceptional outdoor living & an incredible setting just minutes from everything Waco has to offer.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 23, 2026 | Price Decreased |
$1,090,000
↓ $60K
(5.2%) | |
| Price Decreased | |||
| Aug 31, 2026 | Price Decreased |
$1,150,000
↓ $48K
(4%) | |
| Price Decreased | |||
| Jul 6, 2026 | Listed by Graceland Real Estate | $1,197,777 | |
| Listed by Graceland Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017