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$158,000

1421 S 12th St Apt 108, Waco, TX, 76706

$161,450 ARVInfo
Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,280 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$136.72 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Water Heater, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Private PoolPrivate Pool

Building Information

Year Built1984
Stories1

Land Information

APN480286000042000
Lot NumberA2
SubdivisionMax
Land UseResidential
Legal DescriptionMAX LOT A2 C2 D2 BLOCK 1 UNIT 108 1.69% CASABLANCA PHASE II CONDO UNIT 108 1.69% CASABLANCA PHASE II CONDO
Census Tract000402
Assessed Land Value$34,470
Assessed Improvement Value$148,320
Assessment Year2025

About this property

Gated Condo Near Baylor – Calling All Baylor Parents & Investors! Student housing problem solved! This fully gated condo near Baylor University is the perfect solution for students looking for security, convenience, and a vibrant lifestyle. With walk-through gates and coded access, this property offers both peace of mind and prime location benefits. 2 spacious bedrooms, each with a private full bathroom – ideal for roommates - Plus half bath for guests. Fully equipped kitchen with all appliances, including refrigerator, range, microwave, and dishwasher Full-size washer & dryer – no more laundromat trips! Cozy fireplace in the living area for relaxing study breaks Master suite with private patio – a great spot to unwind Updated bathrooms, new flooring Full dining area + breakfast bar for meals & study sessions Gated community pool – perfect for sunny Texas days With Baylor’s campus just minutes away, plus easy access to restaurants, coffee shops, and game-day activities, this condo is a smart investment opportunity. Whether you’re a parent seeking a secure housing option for your student or an investor looking for a prime rental property, this is a can’t-miss deal! Don’t wait—schedule a tour today!

Investor Tools

Property Icon
$158,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$65,825Estimated Equity
37% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$161,449
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$301/month
$212/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,820
$150,000
2025
$34,470
$148,320
$182,790
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,820
$150,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Texell Cu
Commercial
$100,000
No
First
Mar 15, 2022
Mar 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$92,175
$65,825
41%
58%
$600/mo

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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1421 S 12th St Apt 108 | Property Details | No Agent List