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B+
NoAgentList RatingHow are grades calculated?Info
Days44Days on Market
Views1view
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$78,900

$79,000

1225 Selman St, Waco, TX, 76704

$81,679 ARVInfo
On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths624 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.44 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesGas Range, Other

Exterior

Lot Size3,746 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480118000056000
Lot Number1A,2C
SubdivisionDavis J F Tr
Land UseResidential
Legal DescriptionDAVIS J F TR LOT 1A 2C BLOCK 5 ACRES .086
Census Tract001401
Assessed Land Value$7,790
Assessed Improvement Value$42,210
Assessment Year2025

About this property

Opportunity awaits with this corner-lot property full of potential and ready for its next chapter. Framed by mature shade trees and an inviting front porch, this two-bedroom, one-bath home offers a solid foundation for investors, flippers, or buyers looking to add value through thoughtful updates. Inside, you'll find a functional layout with an open living area filled with natural light from an abundance of windows. No carpet throughout featuring a combination of laminate and original wood flooring for easy maintenance. The kitchen offers a practical layout with a spacious sink area and white range, providing an excellent canvas for modernization. Outside, the partially fenced yard offers room to enhance the outdoor living space, while the attached one-car carport and extended driveway provide additional parking. Whether you're searching for your next renovation project, a rental investment, or a property with room to build equity, this home presents an outstanding opportunity in a desirable corner-lot setting. Submit your highest & best offers by July 22, 2026 @ 5:00pm!

Investor Tools

$1,043,718Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$81,678
Rent-to-Value Ratio: 0.72%
Rent Estimate
$474 /month
Positive
Cash Flow Estimate:
$158 /month

Interested in this property?

Natalie Johnson

Camille Johnson

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$141/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,291
$50,000
2025
$7,790
$42,210
$50,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,291
$50,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$1,118,065
No
First
Nov 15, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,043,718
N/A
0%
1321%
$6,704/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$787/mo
$6,704/mo
$-5,917/mo
12.0%

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: Waco

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1225 Selman St | Property Details | No Agent List