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$120,000

1201 La Vega Street, Waco, TX, 76705

$142,443 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,084 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$110.7 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesGas Range
FlooringCarpet, Vinyl

Exterior

Lot Size10,001 sqft

Building Information

Year Built1942
Stories1
Roof Type105

Land Information

APN280260000112004
Lot Number1
SubdivisionLa Vega Park Ac Annex
Land UseResidential
Legal DescriptionLA VEGA PARK AC ANNEX LOT 1 BLOCK 11 ACRES .2296
Census Tract001600
Assessed Land Value$18,400
Assessed Improvement Value$104,470
Assessment Year2025

About this property

This cute 2 bedroom, 1 bath home sits on a great corner lot with an huge, oversized backyard. Inside, you’ll find fresh interior paint, new vinyl flooring with cozy carpet in the bedrooms, and central HVAC. A new roof adds peace of mind and long-term value. Whether you’re looking for your next investment or a place to call home, this one checks the boxes at an affordable price point. No FHA financing

Investor Tools

Property Icon
$124,000
Estimated Property Value
$0Estimated Mortgage Balance
$124,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$142,442
Rent-to-Value Ratio: 0.72%
Rent Estimate
$744 /month
Positive
Cash Flow Estimate:
$248 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$254/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,428
$122,870
2025
$18,400
$104,470
$122,870
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,428
$122,870

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$124,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
12.6%

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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