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Map
7112 Canadian Drive
About This Property
Located in the Rivers Crossing community, this well-kept single-story home offers a bright, open layout with clean finishes and a comfortable flow throughout. The spacious living, dining, and kitchen areas connect seamlessly, creating an inviting space for everyday living and easy entertaining.
The kitchen features granite countertops, stainless steel appliances, abundant cabinet space, a large center island with seating, and a roomy walk-in pantry. Durable wood-look flooring runs through the main living spaces, while soft carpet adds comfort to the bedrooms.
Privately situated at the back of the home, the primary suite includes a tiled walk-in shower, oversized vanity, and a generous walk-in closet with built-in shelving. Two additional bedrooms and a full bath are positioned separately, offering flexibility for guests, hobbies, or a home office setup.
Outside, the covered patio overlooks a fully fenced backyard with plenty of room to relax, play, or garden. Additional highlights include a dedicated utility room, recessed lighting, attached two-car garage, and convenient access to China Spring schools, local dining, and downtown Waco.
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Cap Rate Calculator
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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 7, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| May 13, 2026 | Listed by Keller Williams Realty, Waco | $249,900 | |
| Listed by Keller Williams Realty, Waco | |||
| Mar 3, 2024 | No longer available | - | |
| No longer available | |||
| Feb 27, 2024 | Price Decreased |
$246,430
↓ $7K
(2.8%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017