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$325,000

1028 N 4th St, Waco, TX, 76707

$331,708 ARVInfo
Under ContractInfo
Beds4 Beds
Baths2 Bath
Baths1,984 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$163.81 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesDisposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
FlooringHardwood, Tile

Exterior

Exterior FeaturesFire Pit, Lighting, Storage
Lot Size8,250 sqft

Building Information

Year Built1910
Roof Type105
Garage Spaces1

Land Information

APN480086000050002
Lot NumberB1
SubdivisionChamberlin & Taylor
Land UseResidential
Legal DescriptionCHAMBERLIN & TAYLOR LOT B1 BLOCK 13 ACRES .1894
Census Tract001300
Assessed Land Value$22,940
Assessed Improvement Value$120,860
Assessment Year2025

About this property

If these walls could talk, they’d tell over a century of stories—here's your chance to write the next chapter. Built circa 1910, this 4 bedroom, 3 bath gem just blocks from downtown Waco is full of soul, where original hardwood floors, historic details, and shiplap walls bring character you simply can’t recreate. Inside, you’ll find an inviting layout made for gathering. Downstairs offers flexibility with two living areas, a bedroom, two full baths, and a bonus space tucked off the bedroom—perfect for a home office or cozy retreat. The beautifully updated kitchen and bathrooms blend modern comfort with timeless charm, while the kitchen shines with modern appliances, a farmhouse sink, concrete countertops, and a breakfast bar. Upstairs, three oversized bedrooms and a full bath provide space for everyone. Mornings begin slow on the front porch swing with coffee in hand, while the spacious back deck sets the scene for dinner under the stars or easy evenings unwinding. Perfectly positioned just minutes from downtown shopping and dining, Baylor University, the Farmers Market, and Cameron Park—this location keeps you close to all the action. Lovingly known as the Blue Bird Inn, this home has been operating as a successful short-term rental and is being offered fully furnished. Whether you're stepping into homeownership, investing, or starting a new chapter, this one is full of charm and opportunity.

Investor Tools

Property Icon
$346,000
Estimated Property Value
$129,000Estimated Mortgage Balance
$233,525Estimated Equity
63% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$331,707
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,076 /month
Positive
Cash Flow Estimate:
$692 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,471
$143,800
2025
$22,940
$120,860
$143,800
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,471
$143,800

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$129,000
No
First
Jan 31, 2020
Feb 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,955
$237,045
67%
33%
$774/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$774/mo
+$580/mo
4.7%

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waco

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1028 N 4th St | Property Details | No Agent List