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$775,000

5015 Meadow Wood Dr, Waco, TX, 76710

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,497 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$221.62 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDouble Oven, Gas Water Heater, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Combination, Clay, Ceramic Tile, Laminate, Tile, Wood

Exterior

Exterior FeaturesCourtyard, Garden, Private Yard
Lot Size20,360 sqft

Building Information

Year Built1978
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480377030001006
Lot NumberA
SubdivisionShelby Sub
Land UseResidential
Legal DescriptionSHELBY SUB LOT A BLOCK A ACRES .4674
Census Tract002600
Assessed Land Value$43,160
Assessed Improvement Value$346,340
Assessment Year2026

About this property

Nestled within a beautiful canopy of mature trees, 5015 Meadow Wood Drive offers a rare sense of tranquility and a deep connection to nature. Situated on an expansive 0.47-acre lot in Northwest Waco’s established Shelby subdivision, this impressive 3,497-square-foot home blends timeless appeal with everyday convenience. The sprawling layout features 4 bedrooms and 3.5 baths, providing an abundance of comfortable living space. Designed with versatility in mind, the unique second story offers a massive space perfect for a game room or an optional second primary suite. Outside, the private wood-fenced backyard features a brand-new wooden patio alongside a picturesque, Sound of Music-style canopy tucked away in a quiet corner of the lot. Zoned for Mountainview Elementary and located just moments from local amenities, this property is a true neighborhood sanctuary. Some homes make an impression—others create a feeling. Experience both in this effortless retreat.

Investor Tools

$0Estimated Mortgage Balance
$587,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,650 /month
Positive
Cash Flow Estimate:
$1,550 /month

Interested in this property?

Adri Forrest

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$974/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,757
$389,500
2026
$43,160
$346,340
$389,500
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,757
$389,500

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$587,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,640/mo
N/A
+$1,640/mo
3.4%

City: Waco

5015 Meadow Wood Dr | Property Details | No Agent List