Last 24 Hours
$569,000
1425 James Ave, Waco, TX, 76706
On Market
8 Beds
4 Bath
3,294 Sq Ft
Duplex
Built in 2006Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
Bedrooms 8
Bathrooms Full 2Bathrooms Half 2
Garage Available
Heating
CoolingAppliancesDishwasher, Disposal, Electric Range, Refrigerator
FlooringCeramic Tile, Vinyl
Exterior
Lot Size8,250 sqft
Building Information
Year Built2006
Stories2
Roof Type105
Garage Spaces1
Land Information
APN480458000006007
Lot Number6
SubdivisionWollett & Riley
Land UseResidential
Legal DescriptionWOLLETT & RILEY LOT 6 BLOCK 1 ACRES .1894
Census Tract000402
Assessed Land Value$125,810
Assessed Improvement Value$310,600
Assessment Year2025
About this property
Parent or Investor Buyers!!! Located just minutes from Baylor University, this Baylor Bubble duplex offers two spacious 4-bedroom, 2-bathroom units, ideal for student housing or investment. Each unit features an open living area, full kitchen, washer and dryer connections, and ample gated parking. Strong rental demand and proximity to campus, restaurants, and downtown Waco make this property a turnkey opportunity for steady income and long-term value. Both units currently leased $1,800 each through July 20th, of 2027.
Investor Tools
$269,667Estimated Mortgage Balance
$310,824Estimated Equity
53% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,474 /month
Positive
Cash Flow Estimate:
$1,158 /month
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ContactFinancing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$899/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,895
$420,000
2025
$125,810
$310,600
$436,410
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,895
$420,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Lendsure Mortgage Corp
Conventional
$292,022
No
First
Apr 1, 2022
Apr 2062
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$269,667
$309,333
53%
47%
$1,751/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,751/mo
$-381/mo
2.8%
12.4%