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Waco 76708 North Lake Waco
4305 Rance Lane
$284,000
● House - Off Market

4305 Rance Lane

Waco, TX 76708
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,867 Ft²
$1,395
Est. Monthly

About This Property

4305 Rance Lane, Waco, TX 76708 - China Spring area. Updated open-concept brick home minutes from China Spring Road shops. 4 beds, 3 baths. Spacious great room that includes kitchen, living and dining, with a large island and brand-new range, finished in tasteful blue and wood tones. A versatile additional room for office, playroom, den or formal dining located just off of the great room and filled with sunlight. An oversized primary suite with space for king sized bed and sitting area is paired with a primary bath that offers dual vanities, large walk-in shower and expansive walk-in closet. Private backyard with raised garden boxes and large back deck. Established neighborhood. Easy access to local and chain amenities.
Unit Size
1,867 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$152
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2006

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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: 13 months ago (NTREIS #21071573)

Price History

Date / Event Date Event Price
Oct 29, 2025 Sold
Premium
Sold
Oct 3, 2025 In contract -
In contract
Sep 26, 2025 Listed by Camille Johnson $284,000
Listed by Camille Johnson

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,287
  • Gross Building Area: 2,287
  • Building Area: 1,867
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,867
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WORTHAM BEND ESTATES
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: WORTHAM BEND ESTATES LOT 20 BLOCK 2 ACRES .23

Neighborhood

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

Zoning

  • Zoning: R1B

Geography

  • Parcel: 18-046100-000220-0
  • Block: 2
  • Lot: 20
  • Municipality: CITY OF WACO
  • Latitude: 31.6348
  • Longitude: -97.2496

    Address

  • Full Address: 4305 Rance Ln
  • Address - House Number: 4305
  • Address - Street Name: Rance
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Waco
  • Carrier Code: R010
  • 4-Digit Zip Code: 5854
  • Zip Code: 76708

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $588,551
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.2527
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 64
  • Final Value: 318,565
  • High Value: 399,073
  • Low Value: 238,056

    Market Valuation

  • Market Total Value: $245,000
  • Market Land Value: $28,750
  • Market Improvement Value: $216,250

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $245,000
  • Assessed Land Value: $28,750
  • Assessed Improvements Value: $216,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 16, 2019
  • Current Sale Recording Date: May 17, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2019016251
  • Previous Sale Recording Date: Feb 18, 2011
  • Previous Sale Contract Date: Feb 16, 2011
  • Previous Sale Amount: $114,100
  • 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:

$301,965

Sale Price/ft²

$175

Below Asking

0.02%

Average Days on Market

72

Average Home Size

2070 ft²

Average Home Age

18.1 years

Currently For Sale

56 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

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NTREIS

Listed by: Katherine Snapp, Camille Johnson
Last Updated: 13 months ago
Data Source: NTREIS MLS, MLS# 21071573
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 4305 Rance Lane built and last sold?
The property at 4305 Rance Lane was built in 2006 and last sold on May 16, 2019 for $235,100.
How much is this home worth?
The estimated value of the home located at 4305 Rance Lane is $0.
What are some comparable homes to 4305 Rance Lane?
There are currently no comparable homes to 4305 Rance Lane.
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