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$296,000

1121 Brook Ave, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,362 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$234.95 / sqft
Year BuiltBuilt in 2022

Property Lead Type:

Absentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Concrete

Exterior

Lot Size8,494 sqft

Building Information

Year Built2022
Stories1
Roof Type105

Land Information

APN480452000007003
Lot Number11
SubdivisionWindsor Terrace
Land UseResidential
Legal DescriptionWINDSOR TERRACE LOT 11 BLOCK 1 ACRES .195
Census Tract001200
Assessed Land Value$23,530
Assessed Improvement Value$210,330
Assessment Year2025

About this property

TURN KEY CURRENT AIR BNB! Welcome to 1121 Brook Avenue in Waco, Texas! This fully furnished property offers a unique opportunity for both homeowners and investors alike. Boasting three bedrooms, two bathrooms, and a range of enticing feature. Upon entering, you'll immediately notice the attention to detail and the warm ambiance that greets you. The kitchen is a standout feature, boasting an elegant breakfast bar and stunning granite countertops. It's the perfect space for enjoying casual meals with family and friends. The open floor plan seamlessly connects the kitchen to the living area, creating a spacious and inviting atmosphere. The generous rooms throughout feature ample natural light, creating a bright and airy feel. Step outside onto the covered back porch and discover an oasis of tranquility, perfect for unwinding after a long day or entertaining guests in a peaceful setting.

Investor Tools

Property Icon
$296,000
Estimated Property Value
$255,000Estimated Mortgage Balance
$52,167Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$596/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,674
$233,860
2025
$23,530
$210,330
$233,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,674
$233,860

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
$255,000
No
First
Dec 12, 2023
Dec 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$243,833
$52,167
17%
82%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,529/mo
$-199/mo
5.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1121 Brook Ave | Property Details | No Agent List