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$217,000

1206 Ashleman Street, Bellmead, TX, 76705

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,348 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$160.98 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesElectric Range, Gas Water Heater, Microwave

Exterior

Lot Size9,348 sqft

Building Information

Year Built1942
Stories1
Roof Type105
Garage Spaces1

Land Information

APN280260000045004
Lot Number29
SubdivisionLa Vega Park Ac Annex
Land UseResidential
Legal DescriptionLA VEGA PARK AC ANNEX LOT 29 BLOCK 8 ACRES .2146
Census Tract001600
Assessed Land Value$17,770
Assessed Improvement Value$161,670
Assessment Year2025

About this property

Welcome to 1206 Ashleman St—a charming, move-in-ready 3-bedroom, 2-bath home with 1,348 sq ft in an established neighborhood just minutes from Baylor, TSTC, and downtown Waco. the living area and kitchen have vinyl planking while the spacious primary bedroom and secondary bed rooms offer cozy carpet. Light-filled and generous kitchen features a eat-in area is in center of this right size home. Step outside to a large, fully fenced backyard shaded by mature trees—ideal for gathers, play dates, BBQs, and quiet evenings . A detached one-car garage storage building (outbuilding) adds space for hobbies or a workshop. Close to H-E-B, Walmart, Sam’s Club, dining, and services. Walk to the La Vega elementary school. Whether a first home or an investment, this property blends comfort, versatility, and location. Schedule your showing today!

Investor Tools

$188,878Estimated Mortgage Balance
$31,122Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

Interested in this property?

William Vernon

Keller Williams Realty Lone Star

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$386/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,538
$179,440
2025
$17,770
$161,670
$179,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,538
$179,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Va
$199,192
Yes
First
Aug 7, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$188,878
$31,122
14%
86%
$1,195/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,195/mo
+$112/mo
7.1%

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: Bellmead

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1206 Ashleman Street | Property Details | No Agent List