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$669,000

2424 Richards Dr, Waco, TX, 76710

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,141 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$212.99 / sqft
Year BuiltBuilt in 1974

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Disposal, Microwave, Vented Exhaust Fan
FlooringTerrazzo, Tile, Wood

Exterior

Lot Size29,843 sqft

Building Information

Year Built1974
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480345010042000
Lot Number13
SubdivisionRegency Park
Land UseResidential
Legal DescriptionREGENCY PARK LOT 13 BLOCK 4 ACRES .6851
Census Tract002501
Assessed Land Value$67,440
Assessed Improvement Value$410,830
Assessment Year2025

About this property

Welcome to 2424 Richards nestled in one of Waco's most beloved neighborhoods near Ridgewood Country Club! This spacious and inviting home offers 4 bedrooms, 3 full bathrooms, and a wonderfully flexible floor plan surrounded by mature trees on a massive corner lot. Step inside to an impressive living room featuring floor-to-ceiling windows that fill the space with natural light and showcase the beautiful sunset views. A corner wood-burning fireplace adds warmth and character, while the oversized living area provides plenty of room for multiple seating areas. This space is open, bright, and versatile for entertaining guests or for relaxing. The updated kitchen is breathtaking and features a large center island, matching appliances, pull-out soft-close pantry drawers, great storage, and a bright breakfast area perfect for daily meals. Beautiful Terrazzo tile flooring adds warmth and depth to the mid century-modern feel of the home. Just off the main living space is a massive upper-level patio deck with low-maintenance Trex decking. This bonus space adds to the overall flow of the home, and it makes entertaining even more enjoyable. The private primary suite is isolated from the other bedrooms, creating a comfortable retreat. His and hers vanities and a seating area add ease and utility to the large master bathroom. Upstairs you'll find an additional bedroom and full bathroom along with a versatile bonus space that would be perfect for a game room, home office, second living area, or guest retreat. This second floor could easily be a mother-in-law suite or private area for older children. Outside, you'll love the mature trees, corner-lot setting, circle drive, and expansive driveway leading to the 2-car garage. The back yard is massive, and features a fun slide down the slope in the back for your kids to enjoy. Spacious, full of mid-century modern charm, natural light, and located in a wonderful established neighborhood, this home has so much to offer!

Investor Tools

$519,352Estimated Mortgage Balance
$90,648Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,014 /month
Positive
Cash Flow Estimate:
$1,338 /month

Interested in this property?

Tres Segler

AG Real Estate & Associates

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,150/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,753
$478,270
2025
$67,440
$410,830
$478,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$10,753
$478,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Open End Mortgage / Open End With Future Advance Clause
$553,410
No
First
May 26, 2023
May 2028

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$519,352
$90,648
14%
85%
$3,318/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$3,318/mo
$-1,964/mo
2.7%

City: Waco

2424 Richards Dr | Property Details | No Agent List