$295,000
2624 N 17th St, Waco, TX, 76708
$383,500 ARV
On Market
Property Lead Type:
Must-SellDeal ListAbsentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesElectric Range, Microwave
FlooringVinyl, Wood
Exterior
Exterior FeaturesStorage
Lot Size9,322 sqft
Building Information
Year Built1904
Stories2
Roof Type105
Garage Spaces2
Land Information
APN480176000714007
Lot Number6A,7A
SubdivisionFarwell Hts
Land UseResidential
Legal DescriptionFARWELL HTS LOT 6A 7A BLOCK 73 ACRES 0.214
Census Tract001300
Assessed Land Value$19,669
Assessed Improvement Value$332,997
Assessment Year2026
About this property
Exclusive property for investors! Here is a great opportunity for those wanting to add to their portfolios or those who are just beginning. This property holds 3 rental units. Two of the units have 1 bathroom and 1 bedroom with a living room which can be used as a second bedroom. The upstairs unit has 2 bedrooms, a living room, 1 bathroom and kitchen which was completely remodeled in 2024. The roof was replaced in 2024 as well. 2 of the current leases are month-to-month and have been renting for a year or longer. The 3rd lease (Unit B) is up on 3-31-27.
Investor Tools
$186,640Estimated Mortgage Balance
$166,026Estimated Equity
47% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$383,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,116 /month
Positive
Cash Flow Estimate:
$705 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$734/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,039
$352,666
2026
$19,669
$332,997
$352,666
No
Tax History
Year
Tax Paid
Assessed Value
2025
$7,039
$352,666
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Residential Wholesale Mortgage Inc
Conventional
$189,697
No
First
Nov 26, 2025
Dec 2055
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$186,640
$166,026
47%
53%
$1,138/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,710/mo
$1,138/mo
+$572/mo
5.8%
