$150,000
4008 Colcord Ave, Waco, TX, 76707
On Market
Just Added
Property Lead Type:
Absentee Owner
Highlights
Interior
AppliancesGas Cooktop, Gas Water Heater
FlooringVinyl
Exterior
Lot Size9,919 sqft
Building Information
Year Built1948
Stories1
Roof Type105
Garage Spaces1
Land Information
APN480039000059008
Lot Number3
SubdivisionBelmont Gardens 1 & 3
Land UseResidential
Legal DescriptionBELMONT GARDENS 1 & 3 LOT 3 BLOCK 6 ACRES .2277
Census Tract002700
Assessed Land Value$24,500
Assessed Improvement Value$109,840
Assessment Year2025
About this property
Full of charm and potential, this 2 bedroom, 1 bath home offers a formal living room and a kitchen featuring a gas stove. The large backyard with partial chain link fencing provides space for outdoor gatherings, gardening, or simply relaxing. Conveniently located just off New Road in Waco, this property offers an opportunity for buyers seeking an investment property or a place to make their forever home. Bring your ideas and personal touches to make the most of all this home has to offer.
Investor Tools
$260,306Estimated Mortgage Balance
$134,340Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$170/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,364
$134,340
2025
$24,500
$109,840
$134,340
No
Tax History
Year
Tax Paid
Assessed Value
2025
$1,364
$134,340
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Affinity Llc
Fha
$138,446
Yes
First
Jul 12, 2023
Aug 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$260,306
N/A
0%
194%
$1,662/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,662/mo
$-355/mo
11.7%
