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$358,000

NAL Estimated Property Value

1114 Bagby Ave, Waco, TX, 76706

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths864 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$376.16 / sqft
Year BuiltBuilt in 1905

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesGas Water Heater, Tankless Water Heater, Ice Maker, Microwave
FlooringWood

Exterior

Exterior FeaturesFire Pit
Lot Size2,265 sqft

Building Information

Year Built1905
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480016000221006
Lot Number1B
SubdivisionBagby
Land UseResidential
Legal DescriptionBAGBY LOT 1B BLOCK 15 ACRES .052
Census Tract000402
Assessed Land Value$68,520
Assessed Improvement Value$70,940
Assessment Year2025

About this property

LOCATION, LOCATION, LOCATION! You've heard the timeless saying that real estate success is a function of location. As that's a paramount truth, 1114 Bagby is certain to deliver long term, consistent success as a short-term (AirBnB and VRBO) rental. Located right in the heart of the prime Baylor University campus area (at 11th Street and Bagby, just across the street from Shorty's Pizza Shack) the home is ultra walkable to all Baylor University attractions, is a block away from Dancing Bear Pub and Scruffy Murphy's, just a few blocks away from the Bear Trail and Waco Hall, and just a short, 5 minute drive to the Silo District, Balcones Distillery, and other Waco attractions. In short: you're right in the middle of nearly everything that people travel to Waco to visit! With bookings ranging from $250 to $500 per night, this beautifully remodeled home was is sold FULLY FURNISHED as you see in the photographs. Remodeled by notable Waco design firm, The McLeod Company, the home benefits from a new roof, new carport construction, new tankless hot water heater, new HVAC, full gut and restoration of the Kitchen and Bathroom while still retaining the charm of the 1905 farmhouse construction. Careful attention was paid to strike the perfect balance between new and old, making the home very cozy and livable while offering an adorable aesthetic that's super attractive to potential guests. When inquiring, please be sure to ask about conveyance of future bookings as well!

Investor Tools

Property Icon
$358,000
Estimated Property Value
$145,021Estimated Mortgage Balance
$212,979Estimated Equity
59% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,148 /month
Positive
Cash Flow Estimate:
$716 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$411/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,140
$139,460
2025
$68,520
$70,940
$139,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,140
$139,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$172,387
No
First
Jul 11, 2018
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,021
$212,979
59%
41%
$1,034/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,034/mo
+$296/mo
4.5%

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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1114 Bagby Ave | Property Details | No Agent List