$125,000
1621 Trice Ave, Waco, TX, 76707
$162,500 ARV
On Market
Just Added
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesGas Water Heater
FlooringLinoleum, Reclaimed Wood
Exterior
Lot Size8,002 sqft
Building Information
Year Built1922
Stories1
Roof Type105
Garage Spaces1
Land Information
APN480427000092003
Lot Number5
SubdivisionWaco Improvement Co
Land UseResidential
Legal DescriptionWACO IMPROVEMENT CO LOT 5 BLOCK 8 ACRES .1837
Census Tract001000
Assessed Land Value$24,640
Assessed Improvement Value$82,115
Assessment Year2026
About this property
Cute 3 bedroom 1 bathroom cottage-looking home in heart of Waco. House has original wood floors and has been kept pristine. Detached Garage in the back yard that could be used for storage.
Investor Tools
$0Estimated Mortgage Balance
$142,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$162,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$852 /month
Positive
Cash Flow Estimate:
$284 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$183/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,484
$79,200
2026
$24,640
$82,115
$106,755
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,484
$79,200
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$142,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,660/mo
N/A
+$1,660/mo
14.0%
