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$259,340

NAL Estimated Property Value

1403 Linnett Dr, Waco, TX, 76706

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,632 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.57 / sqft
Year BuiltBuilt in 1978

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater
FlooringLaminate

Exterior

Exterior FeaturesRain Gutters
Lot Size11,308 sqft

Building Information

Year Built1978
Stories1
Roof Type112
Garage Spaces2

Land Information

APN440095000057006
Lot Number4
SubdivisionLux
Land UseResidential
Legal DescriptionLUX LOT 4 BLOCK 3 ACRES .2596
Census Tract003701
Assessed Land Value$34,720
Assessed Improvement Value$224,620
Assessment Year2025

About this property

Charming 3-Bedroom Home with a Rural Feel in an Outstanding Neighborhood – Robinson ISD, VA and FHA Financing Available. Welcome to the perfect affordable home, located on the edge of town with a serene, rural atmosphere. Nestled in an outstanding neighborhood, this home offers the best of peaceful living with easy access to town. In excellent condition, this home features durable vinyl flooring throughout and an adorable fireplace, perfect for cozy nights in. With three spacious bedrooms and two full bathrooms, there’s plenty of space for everyone. The flexible layout includes two living areas and two dining areas, making it ideal for both entertaining and everyday life. Enjoy the great curb appeal with its well-maintained exterior and welcoming charm. The large covered parking area in the back is perfect for storing a boat, RV, or extra vehicles. This home qualifies for VA and FHA financing, making it an excellent opportunity for first-time homebuyers. Homes at this price point don’t usually have it all: quality, charm and peak condition… Don’t miss out on peaceful living in a top-tier neighborhood!

Investor Tools

Property Icon
$259,340
Estimated Property Value
$247,858Estimated Mortgage Balance
$11,482Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,556 /month
Positive
Cash Flow Estimate:
$519 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$350/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,909
$259,340
2025
$34,720
$224,620
$259,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,909
$259,340

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texas State Affordable Hsng Corp
Stand Alone Second / Subordinate Position
$12,126
No
First
Nov 14, 2024
Nov 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$247,858
$11,482
4%
96%
$1,528/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,528/mo
$-198/mo
6.2%

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.

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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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1403 Linnett Dr | Property Details | No Agent List