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$159,000

708 S 16th St, Waco, TX, 76706

$165,958 ARVInfo
On MarketInfo
Just AddedInfo
Beds2 Beds
Baths1 Bath
Baths1,188 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.84 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater

Exterior

Exterior FeaturesStorage
Lot Size8,250 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APN480361000028000
Lot Number8,B7
SubdivisionRoss Hmstd
Land UseResidential
Legal DescriptionROSS HMSTD LOT B7 8 BLOCK 43 ACRES .1894
Census Tract000401
Assessed Land Value$18,070
Assessed Improvement Value$124,860
Assessment Year2025

About this property

This charming 2-bedroom, 1-bathroom home offers 1,188 square feet of living space and plenty of character throughout. Outside, you’ll find a large concrete driveway, covered carport, chain-link fencing, and a welcoming covered front porch. Inside, the home features newer windows and newer cabinets, along with a spacious dining room and a breakfast nook area just off the kitchen. The primary bedroom includes a walk-in closet, while the bathroom offers a walk-in shower. The generously sized laundry room provides plenty of shelving for extra storage. Step outside to enjoy the covered patio and fenced backyard, complete with a storage shed and apple and fig trees. The property also offers alley access for added convenience. Located just minutes from Downtown Waco, Magnolia Market, local restaurants, and shops, this home puts you close to everything Waco has to offer!

Investor Tools

$0Estimated Mortgage Balance
$181,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$165,958
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,086 /month
Positive
Cash Flow Estimate:
$362 /month

Interested in this property?

Anel Perales

EG Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$107/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$381
$97,152
2025
$18,070
$124,860
$142,930
No

Tax History

Year
Tax Paid
Assessed Value
2025
$381
$97,152

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$181,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
N/A
+$1,330/mo
8.8%

City: Waco

708 S 16th St | Property Details | No Agent List