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Waco 76710 Mountainview
5219 Loch Lomond Drive
$233,500
● House - Off Market

5219 Loch Lomond Drive

Waco, TX 76710
bedrooms
3 Beds
bathrooms
0 Bath
square feet
1,486 Ft²
$1,733
Est. Monthly
5.74%
Cap Rate

About This Property

You will want to see this home on a large corner lot in Waco. This 3BR/2BA home features formal living/dining combo plus second living area open to kitchen. Kitchen features granite counter tops, built in gas cooktop, dishwasher, built in oven and disposal. Second living features built in shelves/cabinets. Screened in sun porch for entertaining. Large 16x30 workshop with electricity. Newer HVAC system (approx. 3-4 years). Attached, side entry two car garage. Garden area. Sprinkler system. $249,900
Unit Size
1,486 Ft²
Days on Market
-
Land Size
0.33 acres
Price per sqft
$168
Property Type
House
Property Taxes
$505
HOA Dues
-
Year Built
1962

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Last updated: 2 years ago (NTREIS #219147)

Price History

Date / Event Date Event Price
Jan 9, 2024 Sold
Premium
Sold
Nov 17, 2023 Listed by Kelly, Realtors $249,900
Listed by Kelly, Realtors

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 3
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 495
  • Parking Space Count: 2
  • Patio Type: 98
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,500
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,981
  • Gross Building Area: 2,354
  • Building Area: 1,486
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,486
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE AIR EST
  • Land Acres: 0000000333
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: LAKE AIR EST LOT 20 BLOCK 23 ACRES .3329

Neighborhood

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

Zoning

  • Zoning: R1B

Geography

  • Assessors Map Reference: PG 276
  • Parcel: 48-026607-035300-2
  • Block: 23
  • Lot: 20
  • Municipality: CITY OF WACO
  • Latitude: 31.5382
  • Longitude: -97.1945

    Address

  • Full Address: 5219 Loch Lomond Dr
  • Address - House Number: 5219
  • Address - Street Name: Loch Lomond
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Waco
  • Carrier Code: C063
  • 4-Digit Zip Code: 2961
  • Zip Code: 76710

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $475,915
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 76
  • Final Value: 257,923
  • High Value: 304,583
  • Low Value: 211,262

    Market Valuation

  • Market Total Value: $270,340
  • Market Land Value: $38,280
  • Market Improvement Value: $232,060

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $207,964

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 09, 2024
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 821
  • Previous Sale Recording Date: Jun 04, 2012
  • Previous Sale Contract Date: May 29, 2012
  • Previous Sale Amount: $50,000
  • 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 Mountainview

Stats & Trends

Median Asking:

$295,000

Sale Price/ft²

$161

Below Asking

0.03%

Average Days on Market

72

Average Home Size

2251 ft²

Average Home Age

62.5 years

Currently For Sale

45 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

Unit for rent at 2015 Windsor, Waco, TX, 76708

$1,695 /mo

  • 3 Beds
  • 1 Bath
  • 1,223 ft²
2015 Windsor, Waco, TX, 76708 Listing by Robyn Wilbanks

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Trish Griffin, Kelly, Realtors
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 219147
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5219 Loch Lomond Drive built and last sold?
The property at 5219 Loch Lomond Drive was built in 1962 and last sold on Jan 9, 2024 for $119,700.
How much is this home worth?
The estimated value of the home located at 5219 Loch Lomond Drive is $253,096.
What are some comparable homes to 5219 Loch Lomond Drive?
There are currently no comparable homes to 5219 Loch Lomond Drive.
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