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Lacy-Lakeview 76705 Lacy-Lakeview
618 Powers Street
$275,000
● House - Off Market

618 Powers Street

Waco, TX 76705
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,760 Ft²
$1,400
Est. Monthly

About This Property

New roof coming soon! This beautiful 4-bedroom, 2-bathroom brick home, built in 2018, sits on a spacious lot with a privacy fence surrounding the backyard and an extended covered patio-perfect for outdoor entertaining! Inside, you'll find granite countertops throughout, a large island, and an open-concept kitchen and living room, creating a warm and inviting space for gatherings. Nestled in a well-established neighborhood, this home offers both comfort and convenience. Sellers will be adding a brand new roof!  Don't miss your chance to make it yours!
Unit Size
1,760 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$162
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

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Cap Rate Calculator

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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: 2 years ago (NTREIS #228834)

Price History

Date / Event Date Event Price
Jul 28, 2025 Sold
Premium
Sold
Jun 28, 2025 In contract -
In contract
Jun 19, 2025 Relisted $285,000
Relisted
Jun 13, 2025 In contract -
In contract
May 12, 2025 Price Decreased $279,000
↓ $10K (3.5%)
Price Decreased
Show More

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 100
  • Floor Cover: 14
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,542
  • Lot Size Depth Feet: 1,370
  • Lot Size Frontage Feet: 930
  • Total Building Area: 2,160
  • Gross Building Area: 2,160
  • Building Area: 1,760
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,760
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POWERS PLACE ADDITION
  • Land Acres: 0000000242
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: POWERS PLACE ADDITION LOT 11 BLOCK 1 ACRES .242

Neighborhood

  • School District Name: Connally Independent School District
  • Census Tract: 001600

Geography

  • Parcel: 20-038211-000111-0
  • Block: 1
  • Lot: 11
  • Municipality: CITY OF LACY-LAKEVIEW
  • Latitude: 31.6158
  • Longitude: -97.1049

    Address

  • Full Address: 618 Powers St
  • Address - House Number: 618
  • Address - Street Name: Powers
  • Address - Suffix Type: St
  • State: TX
  • City Name: Waco
  • Carrier Code: C015
  • 4-Digit Zip Code: 1823
  • Zip Code: 76705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $463,365
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.2533
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 64
  • Final Value: 301,912
  • High Value: 378,391
  • Low Value: 225,434

    Market Valuation

  • Market Total Value: $278,000
  • Market Land Value: $30,990
  • Market Improvement Value: $247,010

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,224

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 26, 2021
  • Current Sale Recording Date: Nov 01, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 70
  • Current Sale Input Document Number: 2021044424
  • Previous Sale Recording Date: Aug 21, 2018
  • Previous Sale Contract Date: Aug 17, 2018
  • 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 Lacy-Lakeview

Stats & Trends

Median Asking:

$229,000

Sale Price/ft²

$149

Below Asking

0.03%

Average Days on Market

77

Average Home Size

1536 ft²

Average Home Age

49.6 years

Currently For Sale

26 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 609 N Norma Drive, Lacy Lakeview, TX, 76705

$2,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,538 ft²
609 N Norma Drive, Lacy Lakeview, TX, 76705 Listing by Danna Guille -Chavez

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Anel Perales, EG Realty
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 228834
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 618 Powers Street built and last sold?
The property at 618 Powers Street was built in 2018 and last sold on Oct 26, 2021 for $294,600.
How much is this home worth?
The estimated value of the home located at 618 Powers Street is $287,033.
What are some comparable homes to 618 Powers Street?
There are currently no comparable homes to 618 Powers Street.
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