








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Waco at 206 Timber Creek Rd, Waco, TX, 76705 priced at $599,900 pairs $2,377/mo rent with after a $2,936/mo payment. Total monthly income equals $2,377/mo. Return on cash invested is 8.58% in year one, and rental yield stands at 4.75% on a $599,900 basis. Equity gained on principal adds $3,871/yr, and 5% annual appreciation accumulates to $165,741 by year five. Five-year ROI measures 43.27% and total cumulative return in cash reaches $85,396. For financing, Ziffy Mortgage’s DSCR program evaluates $2,377/mo property income against a $2,936/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Listed for sale | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-20 | $4748.56 | 232.98% | $346,110 | 42.38% |
| 2023-06-20 | $1426.06 | -1.08% | $243,093 | 10.00% |
| 2022-06-20 | $1441.58 | -2.92% | $220,994 | 10.00% |



Listed by: Ashlee Wade • Texas Luxury and Land
Mls Name: NTREIS
Mls ID: #20976074
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.