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$337,000

1123 Brook Avenue, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,116 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2025

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesMicrowave

Exterior

Lot Size8,250 sqft

Building Information

Year Built2024
Stories1
Roof Type105

Land Information

APN480452000008000
Lot Number12
SubdivisionWindsor Terrace
Land UseResidential
Legal DescriptionWINDSOR TERRACE LOT 12 BLOCK 1 ACRES .1894
Census Tract001200
Assessed Land Value$22,940
Assessed Improvement Value$195,380
Assessment Year2025

About this property

Don't miss this incredible opportunity to own a newly built duplex close to Downtown Waco! Each modern unit features 3 spacious bedrooms and 2 full bathrooms, designed for both comfort and functionality. This energy-efficient property boasts double-paned windows, foam insulation, and high-efficiency HVAC units, ensuring lower utility costs and year-round comfort. The sleek stained concrete flooring throughout adds durability and style, perfect for long-term tenants or short-term rental potential. A large paved driveway provides ample parking space, making this an ideal investment for tenants or guests. Plus, this prime location is just 7 minutes from downtown Waco & 3 minutes to the Cameron Park Zoo offering easy access to shopping, dining, and entertainment. Whether you're expanding your rental portfolio or looking for a turnkey income-producing property, this duplex is a must-see! Schedule your showing today!

Investor Tools

Property Icon
$337,000
Estimated Property Value
$0Estimated Mortgage Balance
$86,873Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,219 /month
Positive
Cash Flow Estimate:
$740 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$517
$218,320
2025
$22,940
$195,380
$218,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$517
$218,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fidelity Bank Of Texas
Commercial
$255,000
No
First
Apr 18, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$250,127
$86,873
25%
74%
$1,529/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,529/mo
$-199/mo
4.7%

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.

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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1123 Brook Avenue | Property Details | No Agent List