$195,000
●
Condo -
Off Market
4924 Cobbs Drive #2E
Waco, TX 76710
2 Beds
2 Baths
1,045 Ft²
$1,724
Est. Monthly
$766
HOA / Fees
4.69%
Cap Rate
About This Property
This Lake Air Tower condo is the perfect place to call your own!
Welcome to 4924 Cobbs Drive, Unit 2E - located in the heart of
Waco, this 2 bedroom, 2 bathroom offers everything you may need.
Being sold fully furnished, this corner unit with an open concept
floor plan has had many updates throughout. Granite countertops in
the kitchen and both bathrooms showcase updates. Tile and wood
flooring throughout. Two large balconies offers both privacy
and the perfect spot to start your day or relax and unwind after a
full day. The many on-site amenities including exercise
equipment area, outdoor pool, and more. The HOA covers utilities,
City of Waco water, trash and sewer, as well as basic cable,
landscaping, pool maintenance, and surveillance. Two gated, covered
parking spots are included, along with a climate controlled storage
unit in the basement, and access to a laundry space. The Towers
provides a safe, secure environment plus a low-maintenance
lifestyle - an opportunity like this doesn't come around often.Come
and experience easy, turnkey living in the heart of it all-Lake Air
Towers awaits!
Unit Size
1,045 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$187
Property Type
Condo
Property Taxes
-
HOA Dues
$766
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: 9 months ago (NTREIS #21088440)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 10, 2026 | Sold | ||
| Sold | |||
| Dec 19, 2025 | In contract | - | |
| In contract | |||
| Nov 17, 2025 | Price Decreased |
$195,000
↓ $5K
(2.5%) | |
| Price Decreased | |||
| Oct 16, 2025 | Listed by Camille Johnson | $200,000 | |
| Listed by Camille Johnson | |||
| Apr 1, 2023 | No longer available | - | |
| No longer available | |||
Show More
Property Highlights
Elevator
Parking Available
Garage
Air Conditioning
Parking Details
Parking Features: Asphalt, Assigned, Covered, On Site, Paved, Porte-Cochere
Interior Details
Full Bathrooms: 2
Interior Features: Built-in Features, Eat-in Kitchen, Granite Counters, Open Floorplan, Pantry, Decorative Lighting
Appliances: Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator
Flooring Type: Tile, Luxury Vinyl Plank
Laundry Features: On Site
Exterior Details
Square Footage: 1045
Security Features: Key Card Entry, Security Service, Smoke Detector(s)
Year Built: 1966
Levels: One
Window Features: Window Coverings
Patio and Porch Features: Covered
Pool Features: Fenced, In Ground, Outdoor Pool
Pool is Private
Lot Size Area: 0.043
Lot Size Units: Acres
Lot Size Acres: 0.043
Lot Size Square Feet: 1873.08
Tax Lot: A
Utilities Details
Cooling Type: Central Air
Heating Type: Electric
Location Details
HOA/Condo/Coop Fee Includes: Electricity, Gas, Internet, Maintenance Grounds, Maintenance Structure, Security, Sewer, Trash, Utilities, Water, Back Yard Maintenance, Front Yard Maintenance, Full Use of Facilities, Management Fees
HOA Fee: $766
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 |
|---|---|---|---|---|---|---|---|
|
04/10/2026
|
2 Bed
|
2 Bath
|
1538 ft²
|
$320,000
2 Bed
2 Bath
1538 ft²
|
$270,000
-15.63%
09/25/2026
|
Marcia Bennett
Keller Williams - Waco
| |
|
04/03/2026
|
2 Bed
|
2 Bath
|
1125 ft²
|
$219,375
2 Bed
2 Bath
1125 ft²
|
$202,500
-7.69%
08/07/2026
|
Fran Good
Coldwell Banker Apex, REALTORS
| |
|
03/19/2026
|
2 Bed
|
2 Bath
|
1070 ft²
|
$179,900
2 Bed
2 Bath
1070 ft²
|
$162,500
-9.67%
05/15/2026
|
Marcia Bennett
Keller Williams - Waco
| |
|
10/16/2025
|
2 Bed
|
2 Bath
|
1045 ft²
|
$200,000
2 Bed
2 Bath
1045 ft²
|
$195,000
-2.50%
02/10/2026
|
Ellen White
Camille Johnson
| |
|
06/30/2025
|
2 Bed
|
2 Bath
|
1125 ft²
|
$179,000
2 Bed
2 Bath
1125 ft²
|
$191,000
+6.70%
08/01/2025
|
Lisa Hooper
AG Real Estate & Associates
| |
|
07/08/2025
|
2 Bed
|
2 Bath
|
1045 ft²
|
$195,000
2 Bed
2 Bath
1045 ft²
|
$190,000
-2.56%
07/31/2025
|
Lisa Hooper
AG Real Estate & Associates
| |
|
06/27/2025
|
2 Bed
|
2 Bath
|
1082 ft²
|
$210,000
2 Bed
2 Bath
1082 ft²
|
$200,000
-4.76%
07/10/2025
|
Marcia Bennett
Keller Williams - Waco
| |
|
04/23/2025
|
2 Bed
|
2 Bath
|
1273 ft²
|
$212,000
2 Bed
2 Bath
1273 ft²
|
-
-
|
Ashley Weist
Kelly, Realtors
| |
|
03/30/2025
|
2 Bed
|
2 Bath
|
1070 ft²
|
$215,000
2 Bed
2 Bath
1070 ft²
|
$205,000
-4.65%
05/12/2025
|
Joshua Barrett
Turner Brothers Real Estate, LLC
| |
|
03/18/2025
|
2 Bed
|
3 Bath
|
1538 ft²
|
$299,900
2 Bed
3 Bath
1538 ft²
|
$243,000
-18.97%
10/15/2025
|
Marcia Bennett
Keller Williams - Waco
| |
|
02/10/2025
|
2 Bed
|
1 Bath
|
1070 ft²
|
$139,000
2 Bed
1 Bath
1070 ft²
|
$139,000
07/07/2025
|
Chris Laird
Woody Butler Properties
| |
|
04/12/2024
|
2 Bed
|
2 Bath
|
1070 ft²
|
$225,000
2 Bed
2 Bath
1070 ft²
|
-
-
|
Genny Davis
Coldwell Banker Apex, REALTORS
| |
|
04/11/2024
|
2 Bed
|
2 Bath
|
1070 ft²
|
$145,000
2 Bed
2 Bath
1070 ft²
|
-
-
|
Mike Millard
Millard Real Estate Advisors, Inc.
| |
|
04/08/2024
|
2 Bed
|
2 Bath
|
1124 ft²
|
$215,000
2 Bed
2 Bath
1124 ft²
|
-
-
|
Alan Cooper
Duck Brothers Real Estate
| |
|
03/01/2024
|
2 Bed
|
2 Bath
|
1045 ft²
|
$224,900
2 Bed
2 Bath
1045 ft²
|
-
-
|
Marcia Bennett
Keller Williams - Waco
| |
|
02/10/2024
|
2 Bed
|
2 Bath
|
1070 ft²
|
$215,000
2 Bed
2 Bath
1070 ft²
|
-
-
|
Leslie Edwards
Better Homes and Gardens
| |
|
06/30/2023
|
2 Bed
|
2 Bath
|
1124 ft²
|
$220,000
2 Bed
2 Bath
1124 ft²
|
-
-
|
Alan Cooper
Duck Brothers Real Estate
| |
|
03/21/2023
|
2 Bed
|
2 Bath
|
1273 ft²
|
$219,000
2 Bed
2 Bath
1273 ft²
|
-
-
|
Marcia Bennett
Keller Williams - Waco
| |
|
02/11/2023
|
1 Bed
|
2 Bath
|
1070 ft²
|
$169,900
1 Bed
2 Bath
1070 ft²
|
-
-
|
Marcia Bennett
Keller Williams - Waco
| |
|
02/03/2023
|
2 Bed
|
2 Bath
|
1905 ft²
|
$450,000
2 Bed
2 Bath
1905 ft²
|
-
-
|
Celina Fuller Eastland
Weichert, Realtors - The Eastland Group
| |
|
01/18/2023
|
1 Bed
|
1 Bath
|
856 ft²
|
$139,900
1 Bed
1 Bath
856 ft²
|
-
-
|
Rebekah Rodriguez
Coldwell Banker Apex, REALTORS
| |
|
12/07/2022
|
2 Bed
|
2 Bath
|
1045 ft²
|
$230,000
2 Bed
2 Bath
1045 ft²
|
-
-
|
Marcia Bennett
Keller Williams - Waco
| |
|
06/28/2022
| |
1 Bed
|
2 Bath
|
1290 ft²
|
$235,000
1 Bed
2 Bath
1290 ft²
|
-
-
|
Jack McLemore
ListingResults.com
|
|
03/03/2022
|
2 Bed
|
2 Bath
|
1312 ft²
|
$180,000
2 Bed
2 Bath
1312 ft²
|
-
-
|
Shannon Weil
eXp Realty, LLC
| |
|
11/02/2021
|
2 Bed
|
2 Bath
|
1045 ft²
|
$165,000
2 Bed
2 Bath
1045 ft²
|
-
-
|
Marcia Bennett
Keller Williams - Waco
| |
|
08/04/2021
|
2 Bed
|
2 Bath
|
1905 ft²
|
$345,000
2 Bed
2 Bath
1905 ft²
|
-
-
|
Jack McLemore
ListingResults.com
| |
|
07/28/2021
|
2 Bed
|
2 Bath
|
1070 ft²
|
$165,000
2 Bed
2 Bath
1070 ft²
|
-
-
|
Sherry Pattillo
Coldwell Banker Apex, REALTORS
| |
|
05/25/2021
| |
2 Bed
|
-
|
1045 ft²
|
$168,500
2 Bed
-
1045 ft²
|
$156,750
-6.97%
08/30/2021
|
Lori Proctor
Weichert, Realtors - The Eastland Group
|
|
04/24/2021
|
2 Bed
|
2 Bath
|
1273 ft²
|
$172,900
2 Bed
2 Bath
1273 ft²
|
$172,900
06/07/2021
|
Lori Proctor
Weichert, Realtors - The Eastland Group
| |
|
11/01/2020
|
2 Bed
|
2 Bath
|
1124 ft²
|
$151,200
2 Bed
2 Bath
1124 ft²
|
-
-
|
-
| |
|
07/15/2020
|
2 Bed
|
2 Bath
|
1905 ft²
|
$335,000
2 Bed
2 Bath
1905 ft²
|
-
-
|
Marcia Bennett
Keller Williams - Waco
| |
|
01/06/2020
|
2 Bed
|
3 Bath
|
1538 ft²
|
$215,000
2 Bed
3 Bath
1538 ft²
|
-
-
|
-
| |
|
10/22/2019
|
2 Bed
|
2 Bath
|
1045 ft²
|
$115,000
2 Bed
2 Bath
1045 ft²
|
-
-
|
-
| |
|
08/08/2019
|
2 Bed
|
2 Bath
|
1273 ft²
|
$159,000
2 Bed
2 Bath
1273 ft²
|
-
-
|
Marcia Bennett
Keller Williams - Waco
| |
|
09/19/2018
|
2 Bed
|
2 Bath
|
-
|
-
2 Bed
2 Bath
|
-
-
|
Marcia Bennett
Keller Williams - Waco
| |
|
09/01/2018
|
3 Bed
|
3 Bath
|
1905 ft²
|
-
3 Bed
3 Bath
1905 ft²
|
-
-
|
Marcia Bennett
Keller Williams - Waco
| |
|
08/02/2018
|
3 Bed
|
4 Bath
|
2608 ft²
|
-
3 Bed
4 Bath
2608 ft²
|
-
-
|
-
| |
|
07/28/2017
| |
4 Bed
|
4 Bath
|
2763 ft²
|
-
4 Bed
4 Bath
2763 ft²
|
-
-
|
-
|
|
08/26/2016
|
3 Bed
|
1 Bath
|
2608 ft²
|
$254,900
3 Bed
1 Bath
2608 ft²
|
-
-
|
Camille Johnson
Camille Johnson
|
Building Info
About Mountainview
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Ellen White, Camille Johnson
Last Updated: 9 months ago
Data Source: NTREIS MLS, MLS# 21088440
Details provided by NTREIS and may not match the public record
Last Updated: 9 months ago
Data Source: NTREIS MLS, MLS# 21088440
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017