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Waco 76657 Meadowland Estates
609 Harvest Lane
$302,000
● House - Off Market

609 Harvest Lane

McGregor, TX 76657
bedrooms
3 Beds
bathrooms
0 Bath
square feet
2,063 Ft²
$2,336
Est. Monthly
3.67%
Cap Rate

About This Property

Great opportunity to buy an affordable home in desirable Meadowland Estates. This 3BR/3BA house has a great floor plan. Isolated primary suite, bedroom on other side of house has private bath and third bedroom is isolated with access to third bathroom. Large living area with wood burning fireplace is open to formal dining. Kitchen features range, dishwasher, microwave, pantry and breakfast area. The isolated primary bathroom features separate tub, separate shower and separate closets. Home is wired for cable and ham radio operation with antenna. Large backyard with patio, hot tub and privacy fence. Two car, rear entry garage. $329,900
Unit Size
2,063 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$160
Property Type
House
Property Taxes
$715
HOA Dues
-
Year Built
1993

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 #222385)

Price History

Date / Event Date Event Price
May 31, 2024 Sold
Premium
Sold
Apr 23, 2024 Listed by Kelly, Realtors $329,900
Listed by Kelly, Realtors

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 13
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 599
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,000
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,662
  • Gross Building Area: 2,662
  • Building Area: 2,063
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,063
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MEADOWLAND EST
  • Land Acres: 0000000344
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: MEADOWLAND EST LOT 14 BLOCK 3 ACRES .3444

Neighborhood

  • School District Name: Midway Independent School District
  • Census Tract: 003902

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: PG 75B
  • Parcel: 36-243300-003206-4
  • Block: 3
  • Lot: 14
  • Municipality: CITY OF WACO
  • Latitude: 31.484
  • Longitude: -97.2954

    Address

  • Full Address: 609 Harvest Ln
  • Address - House Number: 609
  • Address - Street Name: Harvest
  • Address - Suffix Type: Ln
  • State: TX
  • City Name: Mcgregor
  • Carrier Code: R004
  • 4-Digit Zip Code: 9713
  • Zip Code: 76657

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $871,859
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.2486
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 64
  • Final Value: 404,925
  • High Value: 505,593
  • Low Value: 304,256

    Market Valuation

  • Market Total Value: $398,720
  • Market Land Value: $48,900
  • Market Improvement Value: $349,820

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $398,720
  • Assessed Land Value: $48,900
  • Assessed Improvements Value: $349,820

    Sales

  • Current Sale Contract Date: Jan 05, 2005
  • Current Sale Recording Date: Jan 06, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2005000892
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 Meadowland Estates

Stats & Trends

Median Asking:

$474,900

Sale Price/ft²

$186

Below Asking

0.03%

Average Days on Market

43

Average Home Size

2312 ft²

Average Home Age

32.5 years

Currently For Sale

2 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# 222385
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 609 Harvest Lane built and last sold?
The property at 609 Harvest Lane was built in 1993 and last sold on Jan 5, 2005 for $164,800.
How much is this home worth?
The estimated value of the home located at 609 Harvest Lane is $340,887.
What are some comparable homes to 609 Harvest Lane?
There are currently no comparable homes to 609 Harvest Lane.
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