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$148,000

NAL Estimated Property Value

1421 S 12th St Apt 109, Waco, TX, 76706

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths832 Sq Ft
price_per_sqft$180.17 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer

Exterior

Private PoolPrivate Pool
Lot Size1,472 sqft

Building Information

Year Built1984
Stories1

Land Information

APN480286000043006
Lot Number2A,2C,U
SubdivisionMax
Land UseResidential
Legal DescriptionMAX LOT 2A 2C 2D BLOCK 1 UNIT 109 1.10% CASABLANCA PHASE II CONDO UNIT 109 1.10% CASABLANCA PHASE II CONDO
Census Tract000402
Assessed Land Value$22,430
Assessed Improvement Value$107,240
Assessment Year2025

About this property

Attention Baylor Students, Parents, and Investors! MOTIVATED SELLER! Don’t miss this adorable, fully renovated 2bed, 2bath condo inside the sought after Baylor Bubble! Located on the first floor and situated as a corner unit, this home offers privacy, convenience, and style. Step inside to an open concept living and dining space, featuring beautiful vinyl plank flooring, newer windows, and a neutral color palette throughout. The renovated kitchen boasts granite countertops, a classic subway tile backsplash, custom decorative shelving, and a full appliance package, including a refrigerator! Both bathrooms have been tastefully updated, with one showcasing a walk in shower, and the other a tub, shower combo, each finished with subway tile and granite countertops. A washer and dryer are included for your convenience. Enjoy community amenities just steps from your door, including a sparkling pool, charming courtyard, and BBQ grill area. The gated Casablanca Condos community offers added security and peace of mind.

Investor Tools

Property Icon
$148,000
Estimated Property Value
$112,235Estimated Mortgage Balance
$35,765Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$899 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$308/month
$152/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,951
$129,670
2025
$22,430
$107,240
$129,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,951
$129,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Thrive Mortgage Llc
Conventional
$117,375
No
First
Dec 30, 2023
Jan 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$112,235
$35,765
24%
76%
$704/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.

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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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1421 S 12th St Apt 109 | Property Details | No Agent List