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$249,000

12312 Micah Dr, Waco, TX, 76708

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,403 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.48 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range, Microwave

Exterior

Lot Size7,797 sqft

Building Information

Year Built2008
Stories1
Roof Type105
Garage Spaces2

Land Information

APN180251760001010
Lot Number1
SubdivisionHighland Court Addition Phase Two
Land UseResidential
Legal DescriptionHIGHLAND COURT ADDITION PHASE TWO LOT 1 BLOCK 1 ACRES .179
Census Tract004104
Assessed Land Value$33,680
Assessed Improvement Value$186,320
Assessment Year2025

About this property

This inviting 3 bedroom, 2 bathroom home offers just over 1400 square feet of comfortable living space with a functional layout designed for everyday living. The property features a two car garage and a large fenced backyard, providing plenty of room for the kids, pets, or relaxing with family and friends. Located inside the China Spring ISD, this home offers a wonderful combination of comfort, space and convenience. Whether you are a first time home buyer or a growing family, this property is ready for new owners.

Investor Tools

$111,119Estimated Mortgage Balance
$125,881Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$503/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,848
$220,000
2025
$33,680
$186,320
$220,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,848
$220,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$137,365
Yes
First
Aug 17, 2017
Sep 2047

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$111,119
$125,881
53%
47%
$824/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$824/mo
+$506/mo
6.7%

City: Waco