Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
—
Last 24 HoursLast 24 Hours
ARV Flip List
ARV Flip List
  • Properties with flip potential and high ARV margins
Pre-Foreclosure List
Pre-Foreclosure List
  • Homes with notice of default or impending auction
Auction List
Auction List
  • Real estate scheduled for county or online auction
Deals List
Deals List
  • Discounted properties priced below market value
Must Sell List
Must Sell List
  • Highly motivated sellers looking for fast closings
Off-Market List
Off-Market List
  • Exclusive off-market opportunities not found on MLS

$415,000

1621 Elise Ave, Waco, TX, 76706

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths1,879 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.86 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Disposal, Microwave

Exterior

Lot Size5,227 sqft

Building Information

Year Built2022
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480266620008490
Lot Number49
SubdivisionLakes At University Parks Ph 4
Land UseResidential
Legal DescriptionLAKES AT UNIVERSITY PARKS PH 4 LOT 49 BLOCK 8 ACRES .12
Census Tract001900
Assessed Land Value$40,560
Assessed Improvement Value$237,950
Assessment Year2025

About this property

LOCATION! This house is adorable and is located in the Lakes at University Park, just a short drive from Baylor University and downtown Waco. Here you'll enjoy the quiet of a small community where you can relax by the lake. This adorable 4 bedroom 3 bath is in excellent condition and is ready for its new owner. Downstairs you'll find a living area open to an eat in kitchen and dining space. The large kitchen offers plenty of room for entertaining and showing off your culinary skills. Also downstairs is one bedroom and one full bathroom. Take the stairs up and you'll find 3 more bedrooms. The primary bedroom offers a large bathroom and closet. Two more bedrooms share a bath upstairs as well. Outside you'll find a sitting area perfect for a BBQ or just enjoying the quiet outdoors. This home has nothing behind it and is located on the end of the street with very little traffic. It is currently being used as an Airbnb and comes fully furnished! The options are endless here. Purchase as an income making property through Airbnb, lease to Baylor students or move your family in let this be your new home.

Investor Tools

$293,663Estimated Mortgage Balance
$66,337Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,490 /month
Positive
Cash Flow Estimate:
$830 /month

Interested in this property?

Kesleigh Castle

Bentwood Realty

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$672/month
$500/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,262
$278,510
2025
$40,560
$237,950
$278,510
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,262
$278,510

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Network Funding Lp
Conventional
$315,142
No
First
Feb 24, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$293,663
$66,337
18%
82%
$1,890/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$2,390/mo
$-1,020/mo
4.6%

City: Waco

1621 Elise Ave | Property Details | No Agent List