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$137,000

1409 Nealton St, Waco, TX, 76705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,004 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$108.57 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesTankless Water Heater
FlooringLaminate, Vinyl

Exterior

Exterior FeaturesRain Gutters
Lot Size7,000 sqft

Building Information

Year Built1940
Stories1
Roof Type112
Garage Spaces1

Land Information

APN280370000250003
Lot Number10
SubdivisionOaklawn Terrace
Land UseResidential
Legal DescriptionOAKLAWN TERRACE LOT 10 BLOCK 19 ACRES .1607
Census Tract001600
Assessed Land Value$7,560
Assessed Improvement Value$92,060
Assessment Year2025

About this property

Updated 3 bedroom, 2 bedroom with fresh interior paint, new appliances, and new tankless water heather. Other major items including metal roof were updated in 2018. La Vega ISD

Investor Tools

Property Icon
$137,000
Estimated Property Value
$112,917Estimated Mortgage Balance
$35,267Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$822 /month
Positive
Cash Flow Estimate:
$274 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$145/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,057
$99,620
2025
$7,560
$92,060
$99,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,057
$99,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Fha
$112,917
Yes
First
Mar 5, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$101,733
$35,267
25%
74%
$677/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$677/mo
+$630/mo
11.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1409 Nealton St | Property Details | No Agent List