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$299,000

2601 Summer Avenue, Waco, TX, 76708

$375,453 ARVInfo
On MarketInfo
Just AddedInfo
Beds6 Beds
Baths4 Bath
Baths2,876 Sq Ft
QuadruplexQuadruplex
price_per_sqft$103.96 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 6Bedrooms 6
Bathrooms Full 3Bathrooms Full 3
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Oven, Refrigerator
FlooringLuxury Vinyl Plank

Exterior

Lot Size8,250 sqft

Building Information

Year Built1949
Stories2
Roof Type105
Garage Spaces1

Land Information

APN480176000063004
Lot Number14
SubdivisionFarwell Hts
Land UseResidential
Legal DescriptionFARWELL HTS LOT 14 BLOCK 17 ACRES .1894
Census Tract000900
Assessed Land Value$18,068
Assessed Improvement Value$218,289
Assessment Year2026

About this property

If you're looking to add to your investment portfolio or live in one unit while renting the others, this renovated quadplex is worth a look! The property features four separate residences, including two 2BR and 1BA units and two 1BR and 1BA units. Each unit has been updated and includes appliances. The oversized backyard offers plenty of room for tenants to enjoy outdoor living and a sense of community. Conveniently located near Downtown Waco, Baylor University, shopping, dining, and major employers, making everyday living and commuting easy. Plenty of flexibility and potential for your next investment! Sold as-is; cash or conventional financing preferred.

Investor Tools

$0Estimated Mortgage Balance
$259,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$375,453
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

Interested in this property?

Greg Clark

EG Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$557/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,388
$236,357
2026
$18,068
$218,289
$236,357
No

Tax History

Year
Tax Paid
Assessed Value
2025
$5,388
$236,357

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$259,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
N/A
+$1,710/mo
7.9%

City: Waco