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$69,500

1609 Baylor Ave, Waco, TX, 76706

$90,350 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$82.74 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

ARV FlipAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesGas Range, Gas Water Heater
FlooringLaminate, Linoleum

Exterior

Exterior FeaturesOther
Lot Size7,000 sqft

Building Information

Year Built1940
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480010000229007
Lot Number4
SubdivisionPrather's Anita Park
Land UseResidential
Legal DescriptionPRATHER'S ANITA PARK LOT 4 BLOCK 18 ACRES .1607
Census Tract000401
Assessed Land Value$16,520
Assessed Improvement Value$103,810
Assessment Year2025

About this property

Investor Special Near Baylor University! Opportunity awaits with this 2-bedroom, 1-bath home located just minutes from Baylor University. This property needs some TLC but offers tremendous potential for investors, flippers, or buyers looking to add their own personal touch. Situated in a rapidly developing area with new construction homes throughout the neighborhood, it's easy to see the upside and future value this location offers. Conveniently located near campus, shopping, dining, and major thoroughfares. Whether you're looking for your next rental property, renovation project, or long-term investment, this property is full of possibilities.

Investor Tools

$19,059Estimated Mortgage Balance
$101,941Estimated Equity
84% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$90,350
Rent-to-Value Ratio: 0.72%
Rent Estimate
$726 /month
Positive
Cash Flow Estimate:
$242 /month

Interested in this property?

Andee Barker

Coldwell Banker Apex, REALTORS

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$219/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,020
$89,844
2025
$16,520
$103,810
$120,330
No

Tax History

Year
Tax Paid
Assessed Value
2025
$2,020
$89,844

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Era Mortgage
Unknown
$42,150
No
First
Apr 19, 2006
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$19,059
$101,941
84%
16%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
N/A
+$1,010/mo
10.0%

City: Waco

1609 Baylor Ave | Property Details | No Agent List