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$185,000

1212 Spring St, Waco, TX, 76704

On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths912 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.85 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range
FlooringTile, Vinyl

Exterior

Lot Size8,250 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480257000288002
Lot Number6
SubdivisionKirkpatrick
Land UseResidential
Legal DescriptionKIRKPATRICK LOT 6 BLOCK 52 ACRES .1894
Census Tract001500
Assessed Land Value$20,630
Assessed Improvement Value$166,750
Assessment Year2025

About this property

Located just minutes from Baylor University and McLane Stadium, this charming 2-bedroom, 1-bath brick home offers an appealing combination of location, comfort, and opportunity. Convenient to Baylor, downtown Waco, shopping, dining, and entertainment, it is well suited for those looking to live close to campus or add a conveniently located property to their investment portfolio. The home offers a comfortable, functional layout with the enduring appeal of brick construction. Outside, the spacious lot features mature trees and a fully fenced backyard with plenty of room for pets, entertaining, or simply enjoying time outdoors. The generous yard adds to the property's appeal and provides a private outdoor space close to all that Waco has to offer. Whether you're looking for a home near Baylor, a potential student rental, or an investment property, this well-located home offers versatility and a convenient setting just minutes from campus.

Investor Tools

$129,549Estimated Mortgage Balance
$57,831Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,124 /month
Positive
Cash Flow Estimate:
$375 /month

Interested in this property?

Eddie McDevitt

Range Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$277/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,389
$187,380
2025
$20,630
$166,750
$187,380
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,389
$187,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Conventional
$142,405
No
First
Dec 8, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$129,549
$57,831
30%
69%
$854/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$854/mo
+$142/mo
6.4%

City: Waco

1212 Spring St | Property Details | No Agent List