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Lacy-Lakeview 76705 Lacy-Lakeview
807 N Lacy Drive
Photo of 807 N Lacy Drive

19

Map

Photo of 807 N Lacy Drive
Photo of 807 N Lacy Drive
$208,000
● House - For Sale

807 N Lacy Drive

Lacy Lakeview, TX 76705
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,273 Ft²
$1,022
Est. Monthly

About This Property

This three-bedroom, one-bath home offers recent updates and plenty of versatile living space.  The converted garage provides a flexible bonus room that can be used as a fourth bedroom, home office, playroom, or second living area.  Enjoy the large fully fenced backyard, perfect for pets, outdoor activities, and entertaining.  A covered back patio and covered carport add to the home's convenience and functionality, ideally located with easy access to shopping, dining, schools, and major roadways, this property is a great opportunity for homeowners and investors alike.
Unit Size
1,273 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$163
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1961

Listed By

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Cap Rate Calculator

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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 months ago (NTREIS #21370619)

Price History

Date / Event Date Event Price
Aug 27, 2026 Listed by EG Realty $208,000
Listed by EG Realty
Nov 22, 2023 No longer available -
No longer available
Nov 15, 2023 Price Decreased $185,000
↓ $8K (3.9%)
Price Decreased
Oct 23, 2023 Listed by Coldwell Banker Apex, REALTORS $192,500
Listed by Coldwell Banker Apex, REALTORS
Tastefully renovated throughout, this delightful 3-bedroom, 1-bathroom home offers not one, but two spacious living areas off of the entry. The efficient kitchen features granite countertops, stainless steel appliances and shaker cabinets with an adjacent dining space overlooking the backyard. All three bedrooms are spacious with large closets and windows throughout with access to the large, newly refinished bathroom with a tub shower and new countertop. The outside features a new roof, new carport, new back patio and a large backyard. Potential to hookup to the existing water well tap for low cost water on-site and a new HVAC are just a few additional benefits! The manager has listed the unit size as 1273 square feet.

Property Highlights

Parking Details
Parking Features: Additional Parking
Interior Details
Full Bathrooms: 1
Interior Features: Eat-in Kitchen, Cable TV Available
Appliances: Dishwasher
Exterior Details
Square Footage: 1273
Year Built: 1961
Levels: One
Lot Size Area: 0.1722
Lot Size Units: Acres
Lot Size Acres: 0.1722
Lot Size Square Feet: 7501.032

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1979
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,500
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,273
  • Gross Building Area: 1,273
  • Building Area: 1,273
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,273
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PASSMORE
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: PASSMORE LOT B7 A8 BLOCK 1 ACRES .1722

Neighborhood

  • School District Name: Connally Independent School District
  • Census Tract: 003200

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: PG 200
  • Parcel: 20-038100-000700-1
  • Block: 1
  • Lot: B7
  • Municipality: CITY OF LACY-LAKEVIEW
  • Latitude: 31.6393
  • Longitude: -97.1037

    Address

  • Full Address: 807 N Lacy Dr
  • Address - House Number: 807
  • Street Direction: N
  • Address - Street Name: Lacy
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Waco
  • Carrier Code: C015
  • 4-Digit Zip Code: 1013
  • Zip Code: 76705

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $237,878
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 76
  • Final Value: 192,525
  • High Value: 227,355
  • Low Value: 157,696

    Market Valuation

  • Market Total Value: $161,520
  • Market Land Value: $31,050
  • Market Improvement Value: $130,470

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $161,520
  • Assessed Land Value: $31,050
  • Assessed Improvements Value: $130,470

    Sales

  • Current Sale Contract Date: Dec 20, 2023
  • Current Sale Recording Date: Dec 21, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 38675
  • Previous Sale Recording Date: Aug 10, 2015
  • Previous Sale Contract Date: Aug 06, 2015
  • Previous Sale Amount: $67,700
  • 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 Lacy-Lakeview

Stats & Trends

Median Asking:

$228,000

Sale Price/ft²

$149

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1528 ft²

Average Home Age

48.1 years

Currently For Sale

27 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 322 N Lakeview Drive, Lacy Lakeview, TX, 76705

$900 /mo

  • 1 Bed
  • 1 Bath
  • 720 ft²
322 N Lakeview Drive, Lacy Lakeview, TX, 76705 Listing by Jeff Richardson

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Jennifer Dolezel, EG Realty
Last Updated: 2 months ago
Data Source: NTREIS MLS, MLS# 21370619
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 807 North Lacy Drive built and last sold?
The property at 807 North Lacy Drive was built in 1961 and last sold on Dec 20, 2023 for $258,610.
How much is this home worth?
The estimated value of the home located at 807 North Lacy Drive is $214,983.
What are some comparable homes to 807 North Lacy Drive?
There are currently no comparable homes to 807 North Lacy Drive.
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