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B+
NoAgentList RatingHow are grades calculated? Info

$187,000

1371 S 11th Street, Waco, TX, 76706

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,164 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$150.34 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2.5Bathrooms 2.5
HeatingHeating
CoolingCooling
AppliancesMicrowave, Refrigerator, Electric Water Heater
FlooringCarpet, Tile

Exterior

Exterior FeaturesRain Gutters
Lot Size1,634 sqft

Building Information

Year Built1983
Stories1
Roof Type183

Land Information

APN480009000035353
Lot Number28
SubdivisionAnderson J P
Land UseResidential
Legal DescriptionANDERSON J P LOT 28 BLOCK D UNIT 5 BLDG D 7.142% COBBLESTONE CONDO II UNIT 5 BLDG D 7.142% COBBLESTONE CONDO II
Census Tract000402
Assessed Land Value$43,493
Assessed Improvement Value$116,277
Assessment Year2025

About this property

Amazing opportunity located just blocks way from Baylor campus! Located in the Cobblestone complex, this condo has just hit the market. This property has tons of potential to either be your new home, or could serve as a fabulous income property. The shared courtyard that serves as the front yard has beautiful blooming create myrtles that provide great shade. Inside on the first floor you have a good size living room that flows directly into the kitchen and eat in breakfast nook. There is a conveniently located half bath for guests on the first floor. Off of the kitchen, you have an oversized pantry with under the stairs storage as well as your washer and dryer. Out the back door from the kitchen is the perfect sized patio to enjoy your cup of coffee in the mornings and relax in the evenings. Upstairs there are two bedrooms that both have their own ensuite bathrooms providing a great floorpan for a multi tenant rental. There is also plenty of stress free parking available in this complex. Come and look at this unit to see the possibilities in person!

Investor Tools

Property Icon
$187,000
Estimated Property Value
$0Estimated Mortgage Balance
$26,367Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$295/month
$140/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,603
$159,770
2025
$43,493
$116,277
$159,770
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,603
$159,770

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cadence Bank Na
Conventional
$171,000
No
First
Aug 16, 2022
Sep 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$160,633
$26,367
14%
86%
$905/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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