See Home Value
Waco 76710 Mountainview
5001 Lake Arrowhead Drive
$448,326*
House - Off Market

5001 Lake Arrowhead Drive

Waco, TX 76710
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
2858 Sqft
$405,000 - $495,000
Reference Base Price*
-0.37%
Since Nov 1, 2023
National-US
Primary Model
Sold Jun 03, 2020
$452,600

About This Property

This Scandinavian inspired minimalist modern home is just starting to take shape JUST in time for you to select finishes, flooring, fixtures, and colors!

   ---     Currently undergoing a massive, top to bottom redesign by noted designers Construction Chic and The McLeod Company , this wonderful, 2,858 square foot, five bedroom, three bathroom home located Waco's always coveted "Lake Streets" neighborhood is super unique, offers stellar floorplan flexibility (did someone say TWO primary suites on OPPOSITE sides of the home???), and will be the crown jewel of the area once complete!      ---     With much of the heavy lifting already performed (a new roof, new windows, electrical rough-in, plumbing rough-in and top out, reframing of interior walls, insulation, and sheetrock), the home is primed for you to make it your own on your own when buying at a discount, or working with the acclaimed design duo Construction Chic and The McLeod Company to realize your own vision!     ---     Offering an exceptionally open, spacious layout, current plans call for extension of the fireplace wall, a MASSIVE island and even larger cooking area featuring a 48" professional range, dual primary suites, and optional office or fifth bedroom, decadent, spa-like primary bathrooms, and high style rarely seen in Waco.  Additional options to move the existing carport, add a garage, and creation of a pool patio space are available as well!     ---     If you're looking for a sophisticated aesthetic in the heart of Waco or just need ample space with an option for multiple primary suites; this home must be seen in person.  What's more: buyers who opt to exercise the variable rate commission options save as much as $15,000 making this a win-win in terms of value AND benefit!     ---     Construction and completion will continue.  If you'd like to make this home your own and add your own style cues, call or text immediately.  There's so much here that you absolutely don't want to miss!     ---     Stay tuned for installation of cabinetry and shelving, a custom fireplace surround and hearth, professional appliances, amazing tile and flooring selections, luxurious bathroom fixtures, and SO MUCH MORE!    ---     *****NOTE*****  This property is presently under construction and in process.  Photographs were taken 2 August 2023.  Updates are continuous.  Photographs may not accurately depict the home in it's present condition.  Price is subject to change as more work is performed.  Please inquire for further details.

The manager has listed the unit size as 2858 square feet.
Unit Size
2,858Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$157
Property Type
House
Property Taxes
$571
HOA Dues
-
Year Built
1968

Price History

Date / Event Date Event Price
Oct 20, 2023 No longer available -
No longer available
Mar 29, 2023 Price Increased $450,000
↑ $50K (12.5%)
Price Increased
Jul 22, 2022 Listed $400,000
Listed
Jun 5, 2022 No longer available -
No longer available
Jan 26, 2022 Price Increased $400,000
↑ $50K (14.3%)
Price Increased
Show More

Property Highlights

Fireplace
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Roof Shape Type: Flat
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Carport
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,394
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 860
  • Total Building Area: 2,858
  • Gross Building Area: 2,858
  • Building Area: 2,858
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,858
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKE AIR EST
  • Land Acres: 0.285
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE AIR EST LOT 11 BLOCK 20 ACRES .2845

Ownership

  • Current Owner : JAMES RUSSELL HOLDINGS LLC
  • Previous Owner : POWELL HARRY C
  • Previous Owner 2: POWELL LOUISE ANN
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Waco Independent School District
  • Census Tract: 002600

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: PG 275
  • Parcel: 48-026607-028500-6
  • Block: 20
  • Lot: 11
  • Municipality: CITY OF WACO
  • Latitude: 31.5413
  • Longitude: -97.1939

    Address

  • Full Address: 5001 Lake Arrowhead Dr
  • Address - House Number: 5001
  • Address - Street Name: Lake Arrowhead
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Waco
  • Carrier Code: C076
  • 4-Digit Zip Code: 2930
  • Zip Code: 76710

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,481
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.2644
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 62
  • Final Value: 407,587
  • High Value: 515,372
  • Low Value: 299,802

    Market Valuation

  • Market Total Value: $378,990
  • Market Land Value: $36,690
  • Market Improvement Value: $342,300

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $378,990
  • Assessed Land Value: $36,690
  • Assessed Improvements Value: $342,300

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jun 03, 2020
  • Current Sale Transaction ID: 11763600756
  • Current Sale Price: $452,600
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020018023

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OF MCGREGO
  • First Mortgage Transaction Date: Jun 03, 2020
  • First Mortgage Loan Amount: $362,050
  • First Mortgage Terms: 12
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jun 02, 2021



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2.5 Baths
2,840 ft²
$141/ft²
$399,900 Aug 31, 2022
-
$933/mo
House
3 Beds
2.5 Baths
3,010 ft²
$155/ft²
$468,000 Feb 7, 2023
-
$626/mo
House
3 Beds
2.5 Baths
2,414 ft²
$186/ft²
$450,000 Feb 22, 2023
-
$784/mo
House
3 Beds
2 Baths
2,260 ft²
$166/ft²
$374,900 Oct 24, 2022
-
$651/mo
House
3 Beds
3 Baths
2,285 ft²
$160/ft²
$364,999 Sep 8, 2022
-
$530/mo
House
3 Beds
2 Baths
1,713 ft²
$204/ft²
$349,900 Feb 13, 2023
-
$411/mo

About Mountainview


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Frequently Asked Questions

When was property at 5001 Lake Arrowhead Drive built and last sold?
The property at 5001 Lake Arrowhead Drive was built in 1968 and last sold on Jun 1, 2020 for $452,600.
How much is this home worth?
The estimated value of the home located at 5001 Lake Arrowhead Drive is $457,330.
What are some comparable homes to 5001 Lake Arrowhead Drive?
There are currently no comparable homes to 5001 Lake Arrowhead Drive.

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