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$203,000

NAL Estimated Property Value

1406 S 12th Street, Waco, TX, 76706

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,164 Sq Ft
price_per_sqft$184.71 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Electric Range, Microwave, Washer

Exterior

Lot Size1,960 sqft

Building Information

Year Built1984
Stories1
Roof Type105

Land Information

APN480009000041090
Lot Number30
SubdivisionAnderson J P
Land UseResidential
Legal DescriptionANDERSON J P LOT 30 BLOCK D UNIT 3 BLDG G 5.882% COBBLESTONE CONDO III UNIT 3 BLDG G 5.882% COBBLESTONE CONDO III
Census Tract000402
Assessed Land Value$59,290
Assessed Improvement Value$125,600
Assessment Year2025

About this property

Great Condo near Baylor has been recently remodeled and move in ready. 2 Bedrooms 2 and half bath is perfect for students or for an investment property. There's plenty of parking but is walking distance to Baylor. The courtyard is gated. Owner is leaving most of the furniture including the washer and dryer, 2 queen beds with bedding, 2 desks Kitchen table, TV Console, Coffee table and end tables.

Investor Tools

Property Icon
$203,000
Estimated Property Value
$1,033,302Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,290 /month
Positive
Cash Flow Estimate:
$430 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
$147/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,284
$184,890
2025
$59,290
$125,600
$184,890
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,284
$184,890

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texasbank
Credit Line (Revolving) / Heloc
$1,063,300
No
First
Oct 10, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$1,033,302
N/A
0%
509%
$6,376/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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1406 S 12th Street | Property Details | No Agent List