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$186,930

1412 Alston Dr, Waco, TX, 76705

$229,057 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,432 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$75.77 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

ARV FlipAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesNone

Exterior

Lot Size15,655 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces3

Land Information

APN280108010098004
Lot Number13
SubdivisionCrows Timber Crest
Land UseResidential
Legal DescriptionCROWS TIMBER CREST LOT 13 BLOCK 10 ACRES .3594
Census Tract001800
Assessed Land Value$27,550
Assessed Improvement Value$159,380
Assessment Year2025

About this property

PRICE REDUCED! MUST SELL TODAY! ALL OFFERS WILL BE CONSIDERED! Discover the potential in this spacious three bedroom, two bath home with tons of opportunity to make it your own. All the big-ticket upgrades are already taken care of-including a brand-new roof and a new HVAC system-giving you peace of mind as you focus on putting your personal touch on the cosmetic updates. The home features a converted garage, providing additional square footage perfect for extra living space or home office. Sitting on a large lot, there's plenty of room to expand, garden, entertain, or enjoy outdoor living. An added bonus is the wired outbuilding, offering incredible flexibility-use it as a workshop or even transform it into a mother-in-law suite. The owner has already invested heavily into the essentials and is now ready to pass this opportunity on. We are open to all offers so come see the potential this property has to offer.

Investor Tools

Property Icon
$186,930
Estimated Property Value
$90,000Estimated Mortgage Balance
$104,125Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$229,056
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
$197/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,434
$186,930
2025
$27,550
$159,380
$186,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,434
$186,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Closed-End Mortgage / Closed-End With Future Advance Clause
$90,000
No
First
Feb 14, 2022
Feb 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$82,958
$103,972
55%
44%
$540/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$540/mo
+$767/mo
8.4%

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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1412 Alston Dr | Property Details | No Agent List