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$198,000

NAL Estimated Property Value

1103 Kellum Street, Waco, TX, 76704

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,392 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.61 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher
FlooringVinyl

Exterior

Lot Size7,100 sqft

Building Information

Year Built1920
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480434000157006
Lot Number23
SubdivisionWeisman J & Company
Land UseResidential
Legal DescriptionWEISMAN J & COMPANY LOT 23 BLOCK 8 ACRES .163
Census Tract001500
Assessed Land Value$12,570
Assessed Improvement Value$115,010
Assessment Year2025

About this property

Built in 1920 and thoughtfully updated, this 3-bedroom, 2-bathroom home offers 1,392 square feet of comfortable living with the kind of character newer construction simply can't replicate. Tall ceilings and an abundance of natural light make the spaces feel open and airy, while updated flooring and a private primary suite bring modern functionality to a home with genuine charm. The covered front porch is a natural gathering spot, and a new privacy fence provides added seclusion. 1103 Kellum puts you moments from the Elm Avenue District — East Waco's historic corridor and one of the city's most talked-about areas of revitalization. Known as Waco's front porch, the district is home to the Waco Farmers Market, local dining favorites, vibrant murals, and a growing mix of residential and commercial development. It's the kind of walkable, character-rich neighborhood that's increasingly hard to find.

Investor Tools

Property Icon
$198,000
Estimated Property Value
$146,906Estimated Mortgage Balance
$51,094Estimated Equity
25% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$259/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,112
$112,368
2025
$12,570
$115,010
$127,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,112
$112,368

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Open End Mortgage / Open End With Future Advance Clause
$149,998
No
First
Apr 2, 2025
Jan 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$146,906
$51,094
25%
74%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$900/mo
+$407/mo
7.9%

City: Waco

1103 Kellum Street | Property Details | No Agent List