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Waco 76633 North Lake Waco
5813 Elephant Butte Drive
$324,900
● House - Off Market

5813 Elephant Butte Drive

Waco, TX 76708
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,109 Ft²
$2,258
Est. Monthly
3.83%
Cap Rate

About This Property

Immaculate 3BR/2.5BA home in desirable China Spring ISD. Spacious living room features large windows that allow great natural light, vinyl wood look flooring and opens to kitchen and breakfast area. Kitchen features granite counters, pantry and stainless appliances to include freestanding range, built-in microwave and built-in dishwasher. Large breakfast area with view of backyard. Downstairs primary bedroom. Primary bathroom has dual vanities, separate tub, separate shower and walk-in closet. Large downstairs laundry room and half bath. Upstairs guest bedrooms. Loft with storage closet could be used for second living area, play room or office space. Large privacy fenced backyard with covered patio that has been extended. Sprinkler system. Gutters. Attached, front entry, 3 car garage. $324,900
Unit Size
2,109 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$154
Property Type
House
Property Taxes
$662
HOA Dues
-
Year Built
2019

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 #220375)

Price History

Date / Event Date Event Price
Mar 28, 2024 Sold
Premium
Sold
Feb 1, 2024 Listed by Kelly, Realtors $324,900
Listed by Kelly, Realtors

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 619
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,458
  • Lot Size Depth Feet: 2,210
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,727
  • Gross Building Area: 2,727
  • Building Area: 2,108
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,108
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FOXBOROUGH ADDN PH 7
  • Land Acres: 0000000286
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: FOXBOROUGH ADDN PH 7 LOT 18 BLOCK 4 ACRES .286

Neighborhood

  • School District Name: Waco Independent School District
  • Census Tract: 004105

Geography

  • Parcel: 18-018311-000418-0
  • Block: 4
  • Lot: 18
  • Municipality: CITY OF WACO
  • Latitude: 31.6296
  • Longitude: -97.2678

    Address

  • Full Address: 5813 Elephant Butte
  • Address - House Number: 5813
  • Address - Street Name: Elephant Butte
  • State: TX
  • City Name: Waco
  • Carrier Code: R030
  • 4-Digit Zip Code: 7502
  • Zip Code: 76708

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $693,865
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.182
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 76
  • Final Value: 331,043
  • High Value: 391,300
  • Low Value: 270,786

    Market Valuation

  • Market Total Value: $355,660
  • Market Land Value: $51,450
  • Market Improvement Value: $304,210

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $297,043

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2024
  • Current Sale Recording Date: Mar 28, 2024
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 9351
  • Previous Sale Recording Date: Mar 28, 2024
  • Previous Sale Contract Date: Mar 27, 2024
  • Previous Sale Document Type: 71
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:

$300,115

Sale Price/ft²

$175

Below Asking

0.02%

Average Days on Market

70

Average Home Size

2091 ft²

Average Home Age

17.8 years

Currently For Sale

57 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

Rentals Near You

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NTREIS

Listed by: Trish Griffin, Kelly, Realtors
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 220375
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 5813 Elephant Butte Drive built and last sold?
The property at 5813 Elephant Butte Drive was built in 2019 and last sold on Mar 27, 2024 for $0.
How much is this home worth?
The estimated value of the home located at 5813 Elephant Butte Drive is $0.
What are some comparable homes to 5813 Elephant Butte Drive?
There are currently no comparable homes to 5813 Elephant Butte Drive.
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