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$255,000

$265,000

1212 Merganser Way, Waco, TX, 76706

$278,468 ARVInfo
On MarketInfo
Just AddedInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,428 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.57 / sqft
Year BuiltBuilt in 2004

Property Lead Type:

Absentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven

Exterior

Lot Size5,998 sqft

Building Information

Year Built2004
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480266590002220
Lot Number22
SubdivisionLakes At University Parks
Land UseResidential
Legal DescriptionLAKES AT UNIVERSITY PARKS LOT 22 BLOCK 2 ACRES .1377
Census Tract001900
Assessed Land Value$44,750
Assessed Improvement Value$211,170
Assessment Year2025

About this property

Welcome home to this inviting residence featuring an open-concept layout, spacious living areas, and a thoughtful floor plan designed for everyday comfort. The light-filled living room offers plenty of space for gathering and entertaining, complemented by neutral paint colors, crown molding accents, and durable flooring throughout much of the home. The kitchen provides abundant cabinet and countertop space, recessed lighting, a functional layout, and a large dining area capable of accommodating family meals and holiday gatherings. The adjoining dining space offers direct access to the covered back porch, creating a seamless indoor-outdoor flow. The primary suite features generous proportions, updated flooring, dual vanities, a relaxing garden tub, separate shower, and ample storage. Additional bedrooms offer flexibility for family, guests, a home office, or hobby space. Step outside to enjoy the covered rear porch overlooking a fenced backyard with mature trees providing added privacy and a peaceful backdrop. The oversized covered patio area is perfect for morning coffee, evening relaxation, or outdoor entertaining. Additional features include a two-car garage, dedicated laundry area with storage, neutral finishes throughout, and excellent natural light.

Investor Tools

$0Estimated Mortgage Balance
$272,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$278,468
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,632 /month
Positive
Cash Flow Estimate:
$544 /month

Interested in this property?

Lance Donaldson

eXp Realty, LLC Waco

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$697/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,008
$255,920
2025
$44,750
$211,170
$255,920
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,008
$255,920

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$289,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
N/A
+$1,330/mo
5.9%

City: Waco

1212 Merganser Way | Property Details | No Agent List