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$181,320

1330 S 12th Street, Waco, TX, 76706

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths958 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$187.79 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Refrigerator, Vented Exhaust Fan, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Exterior FeaturesOther
Lot Size1,721 sqft

Building Information

Year Built1983
Stories1
Roof Type105

Land Information

APN480009000040056
Lot Number29
SubdivisionAnderson J P
Land UseResidential
Legal DescriptionANDERSON J P LOT 29 BLOCK D UNIT 5 BLDG A 4.19% LOU ANN CONDOMINIUM UNIT 5 BLDG A 4.19% LOU ANN CONDOMINIUM
Census Tract000402
Assessed Land Value$52,090
Assessed Improvement Value$129,230
Assessment Year2025

About this property

Fantastic Baylor investment opportunity!! This new condo is strategically located off of IH35, close to everything on Baylor campus, and just across the highway from Magnolia and downtown Waco. With this perfect spot, you could have access to amazing entertainment, dining, shopping, and exciting sporting events. The complex has a locked gate that requires a code to enter for extra security. Inside there are huge mature trees shading the common shared space that includes benches and grills. This ground floor unit is a two bedroom and two bathroom condo with a large open concept living, kitchen, and dining space. The windows provide great natural light to enhance the unit with a comfortable feel. In addition to the fabulous space, there are washer and dryer hookups! This condo could be the perfect home you are looking for as well as a wonderful investment opportunity. Used as a rental, the property would be a great source of income, or used now for your Baylor student and sold later as an investment! The possibilities are endless!!

Investor Tools

Property Icon
$181,320
Estimated Property Value
$0Estimated Mortgage Balance
$181,320Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,088 /month
Positive
Cash Flow Estimate:
$363 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$418/month
$156/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,104
$181,320
2025
$52,090
$129,230
$181,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,104
$181,320

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$181,320
100%
0%
$0/mo

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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1330 S 12th Street | Property Details | No Agent List