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$299,900

$305,000

112 Garden Dr, Waco, TX, 76706

$389,152 ARVInfo
On MarketInfo
Price DropInfo
Beds4 Beds
Baths3 Bath
Baths1,742 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.16 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

BankruptcyDeal ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringCarpet, Concrete

Exterior

Lot Size8,538 sqft

Building Information

Year Built2007
Stories1
Roof Type105
Garage Spaces3

Land Information

APN480111110001070
Lot Number4
SubdivisionD And V Addition
Land UseResidential
Legal DescriptionD AND V ADDITION LOT 4 BLOCK 1 ACRES .196
Census Tract001900
Assessed Land Value$41,580
Assessed Improvement Value$350,770
Assessment Year2025

About this property

BRAND NEW ROOF! Baylor Parents and Investors—don’t miss this one! Just minutes from Baylor University and downtown Waco, this 4 bedroom, 3 bath home delivers space, function, and a location that’s hard to beat. Inside, you'll find a spacious, open concept layout with easy maintenance stained concrete floors, large windows to keep things light-filled and cheerful, and roomy bedrooms with nice closets offering flexibility for roommates or guests. The kitchen offers ample counter and cabinet space, a breakfast bar, and comes equipped with a fridge, dishwasher, and oven. A separate laundry room off the kitchen adds additional storage. Washer and dryer convey. Enjoy covered front and back porches to catch a little fresh air. Ample parking space plus a 4-car carport in the rear to offer added security and protection from the elements. Set on a quieter street with quick access to campus—close to it all, without being in the middle of it all. Currently leased through July, with the property expected to be vacant mid-May—perfect timing for the Fall 2026 semester. Schedule your showing today!

Investor Tools

Property Icon
$392,350
Estimated Property Value
$287,300Estimated Mortgage Balance
$127,531Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$389,152
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,354 /month
Positive
Cash Flow Estimate:
$785 /month

Interested in this property?

Melissa Miller

Magnolia Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$894/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,770
$392,350
2025
$41,580
$350,770
$392,350
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,770
$392,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas Champion Bank
Open End Mortgage / Open End With Future Advance Clause
$287,300
No
First
Jun 23, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$265,792
$126,558
32%
68%
$1,723/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,723/mo
$-353/mo
4.2%

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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112 Garden Dr | Property Details | No Agent List