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$233,000

NAL Estimated Property Value

109 S Patricia St, Waco, TX, 76705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,511 Sq Ft
price_per_sqft$164.06 / sqft
Year BuiltBuilt in 1970

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Gas Water Heater, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Laminate, Tile

Exterior

Lot Size8,398 sqft

Building Information

Year Built1970
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200286000038007
Lot Number12B,13A
SubdivisionKrest
Land UseResidential
Legal DescriptionKREST LOT 12B 13A BLOCK 6 ACRES 0.1928
Census Tract003200
Assessed Land Value$37,630
Assessed Improvement Value$154,090
Assessment Year2025

About this property

Discover a blend of comfort and character in this 3-bed, 2-bath Waco home. This delightful, single-story residence offers an ideal balance of modern convenience and quaint appeal, ideal for those seeking a serene lifestyle. Step inside to find an open and light-filled layout, where the living and dining areas flow seamlessly. The heart of the home, the kitchen, showcases a thoughtful layout with ample cabinetry. There are three well-appointed bedrooms, including a primary suite complete with an en-suite bathroom. Each room boasts large windows, providing abundant natural light. Exterior features are equally appealing. There is a two-car attached garage for convenience and additional storage space. There is an expansive backyard, offering plenty of room for outdoor activities or simply soaking up the Texas sun. Lush greenery and plenty of room for gardening are ideal for outdoor living. Conveniently located within a short distance to local amenities, schools, and parks, this home makes daily errands and leisure activities a breeze.

Investor Tools

Property Icon
$233,000
Estimated Property Value
$227,369Estimated Mortgage Balance
$5,631Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,487 /month
Positive
Cash Flow Estimate:
$496 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,405
$191,720
2025
$37,630
$154,090
$191,720
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,405
$191,720

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Fha
$230,743
Yes
First
Jul 18, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$227,369
$5,631
2%
98%
$1,384/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,384/mo
$-77/mo
6.7%

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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109 S Patricia St | Property Details | No Agent List