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$115,000

3605 Frederick Ave, Waco, TX, 76707

$130,879 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths819 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$140.42 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

BankruptcyDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesGas Range
FlooringLaminate

Exterior

Lot Size8,059 sqft

Building Information

Year Built1952
Stories1
Roof Type105

Land Information

APN480401000256003
Lot Number19
SubdivisionSweetbriar Gardens
Land UseResidential
Legal DescriptionSWEETBRIAR GARDENS LOT 19 BLOCK 10 ACRES .185
Census Tract002700
Assessed Land Value$21,430
Assessed Improvement Value$40,570
Assessment Year2025

About this property

Freshly updated and ready for its next owner! This charming 2-bedroom, 1-bath home offers approximately 819 square feet with numerous recent improvements, including new flooring throughout, fresh interior and exterior paint, and an updated kitchen featuring new countertops, sink, and faucet. The bathroom has also been refreshed with a new vanity and updated bathtub and shower surround. Natural light, built-in shelving, and a dedicated laundry area add to the home's appeal. Outside, you'll find a spacious backyard with a detached storage building offering additional space for tools, lawn equipment, or hobbies. The roof is approximately five years old. Whether you're looking for an affordable place to call home or an addition to your rental portfolio, this property is worth a look!

Investor Tools

$55,247Estimated Mortgage Balance
$87,753Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$130,878
Rent-to-Value Ratio: 0.72%
Rent Estimate
$858 /month
Positive
Cash Flow Estimate:
$286 /month

Interested in this property?

Brian Bundy

Bentwood Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$176/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,394
$62,000
2025
$21,430
$40,570
$62,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$1,394
$62,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$61,200
No
First
Sep 10, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,247
$87,753
61%
39%
$367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$367/mo
+$629/mo
8.4%

City: Waco

3605 Frederick Ave | Property Details | No Agent List