Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Street View of property
Street View
A
NoAgentList RatingHow are grades calculated?Info

$252,770

NAL Estimated Property Value

1319 Melrose Drive, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,433 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$181.37 / sqft
Year BuiltBuilt in 1963

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator
FlooringCarpet, Ceramic Tile

Exterior

Lot Size8,124 sqft

Building Information

Year Built1963
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480327020314054
Lot Number5
SubdivisionParkdale
Land UseResidential
Legal DescriptionPARKDALE LOT 5 BLOCK D ACRES .1865
Census Tract002501
Assessed Land Value$19,420
Assessed Improvement Value$233,350
Assessment Year2025

About this property

Look at this california ranch style home! As you walk through the front door you will enjoy the openness and modernness from the living room, dining room and kitchen. The updated kitchen includes granite countertops with glass tiled backsplash,stainless steel appliances,sit down island and a pantry. The master bedroom includes its own private bathroom with a beautiful walk-in tiled shower. The two guest bedrooms are fit to accommodate and the guest bathroom is a tub,shower combo with neutral tile backsplash and floor. The backyard is nothing short of sprawling and offers unlimited potential. Other highlights are vinyl wood like flooring,recessed lighting and much more.This is the place to start a new beginning

Investor Tools

Property Icon
$252,770
Estimated Property Value
$234,879Estimated Mortgage Balance
$17,891Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,559 /month
Positive
Cash Flow Estimate:
$520 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$457/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,219
$252,770
2025
$19,420
$233,350
$252,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,219
$252,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Paramount Residential Mortgage Group
Fha
$255,290
Yes
First
Feb 3, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$234,879
$17,891
7%
93%
$1,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,531/mo
$-224/mo
6.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

1319 Melrose Drive | Property Details | No Agent List