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B+
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Days26Days on Market
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$166,900

$168,900

1421 S 12th St Apt 114, Waco, TX, 76706

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths832 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$200.6 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 2Bathrooms 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
FlooringCeramic Tile, Vinyl

Building Information

Year Built1984
Stories1

Land Information

APN480286000048008
Lot NumberA2
SubdivisionMax
Land UseResidential
Legal DescriptionMAX LOT A2 C2 D2 BLOCK 1 UNIT 114 1.10% CASABLANCA PHASE II CONDO UNIT 114 1.10% CASABLANCA PHASE II CONDO
Census Tract000402
Assessed Land Value$22,430
Assessed Improvement Value$107,240
Assessment Year2025

About this property

Fully Remodeled Baylor Condo in Gated Community with Covered Parking + Private Pool Looking for the perfect Baylor condo that checks every box for comfort, convenience, security, and lifestyle? Welcome to Casablanca Condominiums — one of Waco’s most desirable gated communities located just minutes from Baylor University, Magnolia, downtown Waco, and I-35 access. This beautifully remodeled 2-bedroom, 2-bath condo has been thoughtfully updated from top to bottom with granite countertops, all-new cabinetry, luxury flooring, renovated bathrooms, updated fixtures and mechanicals throughout. The result is a clean, stylish, move-in-ready space that feels far newer than its age. Ideal for Baylor students, parents, professionals, or investors, this first-floor unit offers a low-maintenance lifestyle with features buyers are actively searching for — including gated entry, gated parking, smart home features, and access to the community’s private pool. The HOA also handles exterior maintenance, pest control, trash, and grounds upkeep, creating true lock-and-leave convenience. The split-bedroom layout provides privacy with an ensuite primary, and room for roommates or guests with their own bath, while the open living and kitchen area creates an inviting space for everyday living. The beautifully maintained courtyard setting, mature trees, and resort-style atmosphere make this community stand out from typical student housing options. Parents will especially appreciate the added peace of mind that comes with gated access and parking in one of Baylor’s most established condo communities. Whether you’re purchasing for a Baylor student, a weekend Waco retreat, or a turnkey investment property, opportunities like this this close to campus are becoming increasingly hard to find. Move-in ready, beautifully updated, and packed with amenities — schedule your private showing today.

Investor Tools

Property Icon
$169,000
Estimated Property Value
$135,000Estimated Mortgage Balance
$43,426Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,014 /month
Positive
Cash Flow Estimate:
$338 /month

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Julia Swank

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$244/month
$155/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,084
$129,670
2025
$22,430
$107,240
$129,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,084
$129,670

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$135,000
No
First
Sep 8, 2022
Oct 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$125,574
$43,426
25%
74%
$810/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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