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$424,900

2220 S 2nd St, Waco, TX, 76706

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths4 Bath
Baths1,728 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$245.89 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Refrigerator
FlooringCarpet, Laminate, Wood

Exterior

Lot Size8,250 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480402000015010
Lot Number6
SubdivisionTaylor J W
Land UseResidential
Legal DescriptionTAYLOR J W LOT 6 BLOCK 40 ACRES .1894
Census Tract000200
Assessed Land Value$40,760
Assessed Improvement Value$315,510
Assessment Year2025

About this property

Space, character, and a convenient Waco location come together in this inviting 4-bedroom, 4-bath home near Baylor University. Currently utilized as an Airbnb, the property offers a versatile floor plan with a full bath for each bedroom—an especially appealing setup for guests, roommates, or a variety of living arrangements. Spacious living areas, abundant natural light, and charming details throughout create a warm and comfortable feel, while the pretty, established lot and mature trees provide an inviting outdoor setting. A single-car garage offers covered parking and additional storage, and the property provides ample off-street parking for multiple vehicles. Whether you’re looking for a primary residence, a property with income-producing potential, or an opportunity to continue its current short-term rental use, this home offers plenty of possibilities. Conveniently located just minutes from Baylor University, downtown Waco, shopping, dining, and many of the city’s most popular destinations, this property combines space, flexibility, parking, and a location that’s hard to beat.

Investor Tools

$495,940Estimated Mortgage Balance
$408,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,549 /month
Positive
Cash Flow Estimate:
$850 /month

Interested in this property?

Natalie Johnson

Camille Johnson

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$838/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,010
$356,270
2025
$40,760
$315,510
$356,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$8,010
$356,270

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$358,700
No
First
Feb 20, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$495,940
N/A
0%
122%
$3,051/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$3,051/mo
$-1,681/mo
4.0%

City: Waco

2220 S 2nd St | Property Details | No Agent List