$159,500
1407 Berkshire St, Waco, TX, 76705
$207,350 ARV
On Market
Just Added
Property Lead Type:
BankruptcyAuctionPre-ForeclosureDeal ListAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesDisposal
Exterior
Lot Size15,655 sqft
Building Information
Year Built1960
Stories1
Roof Type105
Garage Spaces2
Land Information
APN280108010094009
Lot Number9
SubdivisionCrows Timber Crest
Land UseResidential
Legal DescriptionCROWS TIMBER CREST LOT 9 BLOCK 10 ACRES .3594
Census Tract001800
Assessed Land Value$27,560
Assessed Improvement Value$213,460
Assessment Year2025
About this property
Opportunity knocks in established Timbercrest! Priced to sell AS-IS. This 1960 brick ranch offers 2,040 sq ft with 3 bedrooms and 2 baths. Converted garage with paneled den and French doors, separate living and dining, and a kitchen ready for your finishes. Two attached carports and a wide driveway on a large .36-acre lot with mature shade trees. Just off Loop 340 and minutes from downtown Waco, Baylor, and I-35. Bring your vision and make it shine.
Investor Tools
$71,696Estimated Mortgage Balance
$187,304Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$207,350
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,554 /month
Positive
Cash Flow Estimate:
$518 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$501/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,711
$234,143
2025
$27,560
$213,460
$241,020
No
Tax History
Year
Tax Paid
Assessed Value
2025
$4,711
$234,143
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$81,367
No
First
Sep 2, 2020
Sep 2050
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$71,696
$187,304
72%
28%
$488/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$488/mo
+$819/mo
6.1%
