31
Map
9801 Shallow Creek Drive
About This Property
Set on a corner lot with a little extra breathing room, this home offers a comfortable pace of living while keeping you close to everything Waco has to offer.
Step inside to a wide, welcoming entry that opens into a light-filled living space designed for gathering. The open layout flows easily from living to dining to kitchen, creating a natural rhythm for both everyday life and hosting. Crown molding, arched openings, and tray ceilings add character without overwhelming the space.
The kitchen sits at the center, finished with granite counters, stainless appliances, a center island, and bar seating that keeps things connected. Whether it's a slow morning or a full house, this space is built to handle both.
The primary suite is set apart for added privacy, offering a spacious retreat with dual vanities, a walk-in shower, and room to unwind. Secondary bedrooms are well-sized and thoughtfully placed, giving flexibility for guests, work, or hobbies.
Out back, things slow down even more. A covered patio invites you to sit a while, while the hammock platform and shaded yard make it easy to enjoy the outdoors in your own way. There's even a storage shed to keep things tidy and out of sight.
With its open design, functional layout, and corner lot setting, this home strikes a balance between space, comfort, and convenience.
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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 |
|---|---|---|---|
| Oct 10, 2026 | Price Decreased |
$299,900
↓ $10K
(3.2%) | |
| Price Decreased | |||
| Jun 27, 2026 | Price Decreased |
$309,900
↓ $10K
(3.1%) | |
| Price Decreased | |||
| Apr 24, 2026 | Price Decreased |
$319,900
↓ $15K
(4.5%) | |
| Price Decreased | |||
| Apr 2, 2026 | Listed by Keller Williams Realty, Waco | $335,000 | |
| Listed by Keller Williams Realty, Waco | |||
| Jun 21, 2023 | No longer available | - | |
| No longer available | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017