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$260,000

NAL Estimated Property Value

1324 Morrow Ave, Waco, TX, 76707

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,740 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$143.68 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesDishwasher, Electric Range, Microwave, Vented Exhaust Fan
FlooringVinyl

Exterior

Lot Size6,717 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces6

Land Information

APN480180000093004
Lot NumberB12
SubdivisionFinks Sub
Land UseResidential
Legal DescriptionFINKS SUB LOT B12 A13 BLOCK 232 ACRES .1542
Census Tract001200
Assessed Land Value$20,550
Assessed Improvement Value$212,390
Assessment Year2025

About this property

This beautifully restored 3-bedroom, 2-bathroom bungalow offers a perfect blend of modern amenities and classic charm. Completely rebuilt, this home now features energy-efficient upgrades like foam insulation throughout, ensuring comfort year-round. The wood-like laminate flooring extends through every room, creating a warm and cohesive space. The heart of the home is the stunning kitchen, boasting custom cabinetry, granite countertops, and an oversized island with seating for casual dining. Stainless steel appliances are included, and the walk-in pantry offers ample storage. With 12-foot ceilings in the living room, dining room, and kitchen, the home feels spacious and airy. The primary bedroom is generously sized and includes a luxurious private bathroom, complete with a walk-in shower, double vanity with granite countertops, a walk-in closet, and custom built-ins. The additional two bedrooms are perfect for guests or family, and the updated guest bathroom adds a modern touch. A separate laundry room with custom built-ins adds convenience to daily living. Situated on a corner lot, this home also boasts a good-sized backyard, ideal for outdoor activities. This bungalow is the perfect mix of style, comfort, and efficiency.

Investor Tools

Property Icon
$260,000
Estimated Property Value
$0Estimated Mortgage Balance
$260,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,560 /month
Positive
Cash Flow Estimate:
$520 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$518/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,915
$232,940
2025
$20,550
$212,390
$232,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,915
$232,940

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$260,000
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
6.0%

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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1324 Morrow Ave | Property Details | No Agent List