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Days1245Days on Market
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$499,900

$509,900

1108 Oakwood Ave, Waco, TX, 76706

On MarketInfo
Price DropInfo
Beds4 Beds
Baths5 Bath
Baths1,840 Sq Ft
price_per_sqft$271.68 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 4Bathrooms Full 4
Bathrooms Half 1Bathrooms Half 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringVinyl

Exterior

Lot Size8,250 sqft

Building Information

Year Built2022
Stories2
Roof Type105

Land Information

APN480381000001030
Lot Number3
SubdivisionSouth End
Land UseReal, Residential Single-Family
Legal DescriptionSOUTH END LOT 3 BLOCK 1 ACRES .1894
Census Tract001900
Assessed Land Value$40,760
Assessed Improvement Value$240,089
Assessment Year2025

About this property

Parent or Investor Buyers! This one checks all the boxes for smart college living and long-term value. Built in 2022 and located in the ever-growing Baylor Bubble, this 4-bedroom, 4.5-bath home was thoughtfully designed with students (and peace-of-mind parents) in mind. Each spacious bedroom features its own private bathroom and walk-in closet—perfect for privacy, comfort, and easy roommate living. The open-concept living and kitchen area creates a natural gathering space, while a convenient half bath downstairs is ideal for guests. With one bedroom and bath on the main floor and three upstairs, the layout offers flexibility for a variety of living arrangements. Enjoy outdoor living with a charming front porch, upper balcony, and a large, private fenced backyard—great for relaxing or entertaining. The home also includes a private driveway with rear parking for added convenience. Located just over half a mile from Baylor University and a short distance to Magnolia Table and I-35, this property offers unbeatable proximity to campus, dining, and commuting routes. No carpet throughout—only durable and stylish luxury vinyl plank flooring for easy maintenance. Whether you're looking for a comfortable home for your student or a strong investment opportunity, this one delivers.

Investor Tools

$0Estimated Mortgage Balance
$520,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,120 /month
Positive
Cash Flow Estimate:
$1,040 /month

Interested in this property?

Kristin Clements

Camille Johnson

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$293/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$911
$280,849
2025
$40,760
$240,089
$280,849
No

Tax History

Year
Tax Paid
Assessed Value
2024
$911
$280,849

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$520,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
N/A
+$1,370/mo
3.2%

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.

Explore Texas Explore This Area
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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1108 Oakwood Ave | Property Details | No Agent List