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$165,000

1537 Summer Ave, Waco, TX, 76708

$182,919 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,101 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$149.86 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Oven, Gas Range, Gas Water Heater
FlooringHardwood, Tile

Exterior

Lot Size8,250 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480330000029008
Lot Number12
SubdivisionParkview Annex
Land UseResidential
Legal DescriptionPARKVIEW ANNEX LOT 12 BLOCK 28 ACRES .1894
Census Tract001300
Assessed Land Value$18,068
Assessed Improvement Value$128,658
Assessment Year2026

About this property

This minimal traditional 1940s cottage with many recent updates is full of charm and warmth, located just minutes from Waco’s Cameron Park and the Brazos River. This home was beautifully transformed with fresh interior and exterior paint that blends crisp modern pigments with soft, warm undertones, new light fixtures throughout, and a complete roof replacement. The modernized kitchen makeover, outfitted with rich emerald shaker-style cabinets, a clean, neutral tile backsplash, and new countertops, creates a stately, sophisticated space. The functional layout creates a seamless, breathable flow between the kitchen, dining, and living area, with cherry hardwood flooring and French doors capturing a vintage flair. Featuring a brand-new tub shower combo, tile work, and vanity, the revised bathroom also maximizes storage with a custom built-in shelving unit and shower niche for your organizational needs. Outside offers a detached garage and a cross-fenced yard for pets. Find a stylish home with timeless appeal in the sought-after Cameron Park Neighborhood at 1537 Summer Avenue, where nature, outdoor recreation, and downtown Waco are nearby.

Investor Tools

$0Estimated Mortgage Balance
$192,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$182,919
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,152 /month
Positive
Cash Flow Estimate:
$384 /month

Interested in this property?

Brittany Ozuna

ERA Courtyard Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$362/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,383
$146,726
2026
$18,068
$128,658
$146,726
No

Tax History

Year
Tax Paid
Assessed Value
2026
$3,383
$146,726

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,700/mo
N/A
+$1,700/mo
10.6%

City: Waco