25
Map
$179,900
●
Condo -
For Sale
4924 Cobbs Drive #4E
Waco, TX 76710
2 Beds
2 Baths
1,045 Ft²
$1,926
Est. Monthly
$788
HOA / Fees
About This Property
Welcome to your new home in the heart of Waco at the Lake Air
Towers. This beautifully freshly painted two-bedroom, two-bath
condo offers a lifestyle of safety, security and effortless living.
#4E is located on the fourth floor and boasts nice views from both
bedrooms and also living room, each with their own private balcony.
The condo's layout maximizes natural light, enhancing the warm and
welcoming feel. There is an abundance of trees throughout the
property and many community amenities; such as a large in-ground
pool with a pool house and a reflection pool, a large dog park, 2
space assigned covered parking. Also, the basement features a
free laundry room, game room with exercise equipment, a pool table,
a puzzle table and a cozy TV sitting area along with a storage
locker. The HOA takes care of your needs by covering electricity,
heating and cooling, water, trash, building and grounds
maintenance, insurance, internet, and cable-making this condo truly
worry-free. Don't miss this opportunity to experience easy living
in a vibrant community.
Unit Size
1,045 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$172
Property Type
Condo
Property Taxes
$254
HOA Dues
$788
Year Built
-
Listed By
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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: 5 days ago (NTREIS #21374933)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 3, 2026 | Listed by Camille Johnson | $179,900 | |
| Listed by Camille Johnson | |||
| Nov 8, 2021 | No longer available | - | |
| No longer available | |||
| Nov 2, 2021 | Listed by Keller Williams Realty - Waco | $165,000 | |
| Listed by Keller Williams Realty - Waco | |||
| | |||
|
This RESORT-LIKE Mid-Century high-rise condominium is located in the Waco Mountainview area. It is pet-friendly, safe, secure, and conveniently located! You will be just minutes from Target, HEB, Walmart, Dillards, downtown Waco, and Baylor University! This spacious 4th-floor corner unit condominium is ready for your family. All rooms receive ample natural lighting from the floor-to-ceiling sliding glass doors that provide access to the private balconies. The floors are wood and tile. Each bedroom has its own attached bathroom. The game room, exercise equipment, free laundry room, and additional private storage areas are located in the basement. The tennis court, dog park, and huge in-ground swimming pool with pool-house are free and private for the residents. HOA fees cover all electricity, heating/cooling, water, water heater, basic cable, covered parking, grounds maintenance, and handy trash chute. "Lock-and-Leave" living at its best! Call right now for a private showing appointment. The manager has listed the unit size as 1045 square feet.
| |||
Property Highlights
Elevator
Parking Available
Garage
Air Conditioning
Parking Details
Has Carport
Parking Features: Additional Parking, Asphalt, Assigned, Circular Driveway, Covered, Detached Carport, Driveway, Electric Gate, Gated, Lighted, No Garage, Off Street, On Site, Parking Lot, Paved, RV Access/Parking, RV Carport, RV Gated, Shared Driveway, Porte-Cochere
Interior Details
Full Bathrooms: 2
Interior Features: High Speed Internet, Pantry, Cable TV Available
Appliances: Dishwasher, Disposal, Electric Cooktop, Electric Range, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
Flooring Type: Laminate, Other
Laundry Features: On Site
Exterior Details
Has Property Attached
Square Footage: 1045
Security Features: Fire Alarm, Gated Community, Key Card Entry, Security Gate, Security Lights, Smoke Detector(s)
Year Built: 1966
Levels: One
Window Features: Window Coverings
Patio and Porch Features: Covered, Deck
Pool Features: Cabana, Fenced, Gunite, In Ground, Outdoor Pool, Pool Cover
Pool is Private
Lot Features: Corner Lot, Few Trees, Level, Zero Lot Line, Lrg. Backyard Grass, Oak, Sprinkler System, Subdivision
Lot Size Area: 0.043
Lot Size Units: Acres
Lot Size Acres: 0.043
Lot Size Square Feet: 1873.08
Lot Size Dimensions: .04
Tax Lot: A
Financial Details
Tax Annual Amount: $3,053
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric
Heating Type: Central, Electric
Location Details
HOA/Condo/Coop Fee Includes: Electricity, Internet, Maintenance Grounds, Maintenance Structure, Pest Control, Security, Sewer, Trash, Utilities, Water, Back Yard Maintenance, Concierge, Front Yard Maintenance, Full Use of Facilities, Management Fees
HOA Fee: $788
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: Donna Long, Camille Johnson
Last Updated: 5 days ago
Data Source: NTREIS MLS, MLS# 21374933
Details provided by NTREIS and may not match the public record
Last Updated: 5 days ago
Data Source: NTREIS MLS, MLS# 21374933
Details provided by NTREIS and may not match the public record
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Phone: 425-283-2930
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