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$133,650

2308 Melissa Dr # H5, Waco, TX, 76708

$138,859 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths990 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$135 / sqft
Year BuiltBuilt in 1982

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringLuxury Vinyl Plank, Tile

Exterior

Lot Size1,991 sqft

Building Information

Year Built1982
Stories1

Land Information

APN480438080047006
Lot Number1
SubdivisionWeston
Land UseResidential
Legal DescriptionWESTON LOT 1 BLOCK A UNIT 5 BLDG H 1.56% THE FIRST EDITION UNIT 5 BLDG H 1.56% THE FIRST EDITION
Census Tract002700
Assessed Land Value$10,250
Assessed Improvement Value$157,370
Assessment Year2025

About this property

Discover the perfect blend of privacy and convenience in this delightful upstairs condo, nestled within the sought-after, gated community of First Edition. Offering a serene small village atmosphere, this residence provides both comfort and peace of mind with its enhanced security features. Step inside to find a bright, welcoming, and open floorplan that is ready for its new owners to call home. This condo has been thoughtfully maintained, featuring fresh paint throughout and significant recent upgrades, including a new hot water heater as well as both the interior and exterior HVAC units. The spacious layout centers around a cozy wood-burning fireplace, perfect for relaxing evenings. Two generously sized bedrooms and an open, airy floorplan. For your convenience the home includes a designated covered parking space. All appliances convey with the property, including the refrigerator, and a recent washer and dryer. Adding to the value, the property comes protected with a home warranty for extra peace of mind. Located in a fantastic neighborhood, you are just moments away from local shopping and a variety of delicious dining options. This is a rare opportunity to secure a well cared for home in a private, secure community.

Investor Tools

$43,419Estimated Mortgage Balance
$124,201Estimated Equity
74% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$138,858
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,006 /month
Positive
Cash Flow Estimate:
$335 /month

Interested in this property?

Linda McDonald

Coldwell Banker Apex, REALTORS

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$384/month
$135/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,769
$167,620
2025
$10,250
$157,370
$167,620
No

Tax History

Year
Tax Paid
Assessed Value
2025
$3,769
$167,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tfnb Your Bank For Life
Unknown
$53,000
No
First
Jan 11, 2018
Jan 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$43,419
$124,201
74%
26%
$318/mo

City: Waco

2308 Melissa Dr # H5 | Property Details | No Agent List