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Lake Air Tower

Lake Air Tower

Lake Air Tower
Condominium Building
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

4924 Cobbs Dr
Waco, TX 76710
103 Units
10 Stories
1966 Year Built
$141K - $377K Value Range

Available Units

For Sale
For Rent
No Units Available

Highlights

  • Pool House
  • Outdoor Tennis Courts
  • Detached Carport

Mid-century high-rise in the heart of Waco's Mountainview neighborhood

Lake Air Tower, an iconic 10-story condominium building, stands as a testament to mid-century architecture in Waco's Mountainview neighborhood. Completed in 1966, this 101-unit residential complex offers a blend of urban convenience and suburban tranquility. The building's location in the Mountainview area provides residents with easy access to city amenities. With its straightforward design and simple balcony features, Lake Air Tower focuses on functionality and comfort rather than architectural flourishes. The building's enduring popularity among Waco residents speaks to its prime location and the quality of life it offers its occupants.

Spacious units with panoramic views and modern updates

Lake Air Tower offers a diverse range of floor plans to suit various lifestyles, from cozy one-bedroom units to expansive four-bedroom residences. The smallest units start at 856 square feet, while the largest sprawl across 2,763 square feet, providing ample space for families or those who prefer roomier accommodations. One-bedroom units range from 856 to 2,608 square feet, with some featuring an additional bathroom. These units are perfect for singles or couples looking for a low-maintenance lifestyle without sacrificing space. Two-bedroom units, spanning 1,045 to 1,905 square feet, are the most common in the building. With one to three bathrooms, these units offer flexibility for various living arrangements. Prices for two-bedroom condos typically range from $139,900 to $225,000, making them an attractive option for first-time buyers or those looking to downsize. For those requiring more space, three-bedroom units range from 1,538 to 2,608 square feet, featuring two to three and a half bathrooms. These larger units are ideal for families or professionals who work from home and need extra space for a home office. The most expansive offerings are the four-bedroom units, measuring approximately 2,800 square feet with four bathrooms. These palatial residences are perfect for large families or those who frequently entertain guests. Many units in Lake Air Tower have been updated over the years, featuring modern amenities such as granite countertops, stainless steel appliances, and updated flooring. Some units boast floor-to-ceiling windows that flood the living spaces with natural light and offer panoramic views of the surrounding cityscape. Private balconies are a common feature, providing outdoor space for relaxation or entertaining. In-unit laundry facilities are available in some condos, while others have access to the building's shared laundry room. Storage is ample in most units, with walk-in closets and additional basement storage units assigned to each residence. The open-concept layouts in many units create a sense of spaciousness and are ideal for modern living and entertaining.

Comprehensive amenities for an active and social lifestyle

Lake Air Tower offers a wide array of amenities designed to enhance residents' quality of life. The centerpiece of the outdoor amenities is the large in-ground gunite swimming pool, perfect for cooling off during hot Texas summers. Adjacent to the pool is a climate-controlled clubhouse featuring a dance floor, kitchen, and ample space for community gatherings and private events. Fitness enthusiasts will appreciate the on-site exercise equipment and game room, which includes a pool table for recreational activities. Tennis courts provide additional options for outdoor recreation and socializing with neighbors. The building's commitment to pet owners is evident in its pet-friendly policies and dedicated fenced dog park, allowing furry companions to exercise and socialize safely. A unique feature of the property is the reflection pond, offering a serene spot for relaxation and contemplation. For added convenience, Lake Air Tower provides a free laundry room for residents who don't have in-unit washers and dryers. Each resident is also assigned a private basement storage unit, helping to maximize living space within the condos. Security is a priority at Lake Air Tower, with features including a gated parking area, security system, and controlled building access. The property is well-maintained with professional landscaping services keeping the grounds attractive year-round. On-site staff and a concierge service are available to assist residents with various needs, from package acceptance to maintenance requests. The building's lobby serves as a welcoming entrance and gathering space for residents and their guests. These comprehensive amenities and services contribute to a community-oriented living experience, fostering a sense of belonging among Lake Air Tower residents while providing the conveniences expected in a modern urban dwelling.

Convenient suburban living with easy access to shopping and recreation

Lake Air Tower is situated in the Mountainview neighborhood of Waco, known for its blend of residential comfort and proximity to urban amenities. The area surrounding the condominium offers a mix of shopping, dining, and recreational opportunities, making it an attractive location for a diverse range of residents. One of the neighborhood's primary draws is its proximity to major shopping destinations. The Richland Mall, located just a short drive away, houses a variety of retail stores including Dillard's, providing residents with convenient access to fashion and home goods. For everyday necessities, Target and H-E-B are within walking distance, offering groceries and household items. Dining options in the area cater to various tastes and budgets. Fast-food chains like Wendy's and Sonic Drive-In offer quick meal options, while local favorites such as Whizzbang's Hamburgers provide a taste of classic American fare. For those seeking international flavors, Baris Italian restaurant and Kitok Restaurant, known for its Korean-American cuisine, are popular choices among residents. The neighborhood is home to several educational institutions. Mountainview Elementary School is about a 5-minute drive and approximately one mile from Lake Air Tower. Tennyson Middle School and Waco High School are also nearby, serving older students in the community. For entertainment and cultural experiences, the Heart O' Texas Coliseum hosts various events throughout the year, from concerts to exhibitions. This venue adds a dynamic element to the neighborhood, bringing exciting entertainment options right to residents' doorsteps. The Mountainview area strikes a balance between suburban tranquility and urban convenience, offering Lake Air Tower residents a comfortable lifestyle with easy access to Waco's diverse attractions and amenities.

Car-centric area with growing options for alternative transportation

While the area around Lake Air Tower is primarily designed for car-based transportation, efforts are being made to improve accessibility for pedestrians and cyclists. The neighborhood's layout and infrastructure currently favor automobile use, with most errands and activities requiring a car. For those who prefer driving, the condominium's location provides easy access to major roads and highways. Residents can quickly reach downtown Waco and other parts of the city via nearby thoroughfares. The building offers gated, covered parking for residents, ensuring secure and convenient vehicle storage. Public transportation options, while limited, are available in the area. Bus routes serve the neighborhood, connecting residents to other parts of Waco. However, the frequency and coverage of these services may not be sufficient for all transportation needs, and many residents find owning a car necessary for daily commutes and errands. Cycling is becoming an increasingly viable option for short trips within the neighborhood. While not extensive, some bike-friendly infrastructure is present, and the relatively flat terrain of Waco makes biking a feasible alternative for those looking to reduce their car usage. For longer-distance travel, Waco Regional Airport is located approximately 7 miles from Lake Air Tower, offering convenient access for business travelers or those planning vacations. The airport provides connections to major Texas hubs, facilitating travel throughout the state and beyond. As Waco continues to grow and develop, it's likely that transportation options in the Mountainview neighborhood will expand. For now, residents of Lake Air Tower primarily rely on personal vehicles for their transportation needs, with growing opportunities for alternative modes of travel for shorter, local trips.

Available Condos

No units matching this criteria are available right now.

Building Details

Recreation

  • Outdoor Tennis Courts
  • Pool House
  • Cabana
  • In Ground Pool
  • Outdoor Pool
  • Community Pool
  • Pool Water Feature

Parking

  • 2 Car Garage
  • Detached Carport
  • 2 Parking Garage Spaces Per Unit
  • Detached Carport Space
  • On-Street Parking
  • Parking Lot
  • Assigned Parking

Condo Association

  • $931 Monthly HOA Fees
  • Monthly HOA Fees Range from $750 - $1,296
  • North Tower Condo Subdivision

Unit Information

Unit
2F
3D
5C
Beds
2 Beds
2 Beds
2 Beds
Baths
2 Baths
2 Baths
3 Baths
Sq Ft
1,070
1,273
1,538
Price
$215,000
$212,000
$299,900
Price / Sq Ft
$201 / Sq Ft
$167 / Sq Ft
$195 / Sq Ft
List Date
03/30/2025
04/23/2025
03/18/2025

Unit Size and Value Ranges

Studio Units
Sq Ft Range
860 - 3,443
Est. Values
$147,833 - $377,377
1 Bedroom Units
Sq Ft Range
856 - 2,608
Est. Values
$141,258 - $195,977
2 Bedroom Units
Sq Ft Range
1,045 - 1,905
Est. Values
$147,833 - $327,919
3 Bedroom Units
Sq Ft Range
1,538 - 2,608
Est. Values
$249,446 - $369,934
4 Bedroom Units
Sq Ft Range
2,763
Est. Values
$345,351
All Units
Sq Ft Range
856 - 3,443
Est. Values
$141,258 - $377,377

Map

Area Factors

Low Crime

Crime Score®

3 / 10

Somewhat Bikeable

Bike Score®

40 / 100

Car-Dependent

Walk Score®

36 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

76 / 100

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Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

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Property Taxes

Range in Assessed Values
$105K - $570K
Range of Taxes in Building
$2,369 - $12,849
Range of Taxes per Sq Ft
$2.37 - $5.27

Property Tax History

Source: Public Records
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.