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$236,000

NAL Estimated Property Value

1500 Lexington Street, Waco, TX, 76711

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,650 Sq Ft
price_per_sqft$144.24 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Cooktop

Exterior

Lot Size14,384 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480321000107002
Lot Number8,9
SubdivisionOrand Sub
Land UseResidential
Legal DescriptionORAND SUB LOT 8 9 BLOCK 5 ACRES .3302
Census Tract004300
Assessed Land Value$27,180
Assessed Improvement Value$200,000
Assessment Year2025

About this property

Welcome to 1500 Lexington Street, a charming and spacious home ideally located in the heart of Waco. Nestled in a quiet, established neighborhood, this property offers the perfect balance of peaceful living while being just minutes from the Central Texas Marketplace, local shopping, restaurants, grocery stores, and the movie theater. Inside, you will find an inviting open layout that connects the living, dining, and kitchen spaces, creating a comfortable flow for everyday living and entertaining. The kitchen features granite countertops, stainless steel appliances, ample cabinetry, and plenty of workspace for cooking and gathering. The home offers generously sized bedrooms, including a spacious primary suite with room to relax and unwind. A dedicated laundry room adds convenience and functionality to the layout. Step outside to discover a large backyard with endless possibilities. Whether you envision weekend gatherings, gardening, or simply enjoying the outdoors, this yard provides the space to make it your own. With its central location, spacious layout, and inviting feel, 1500 Lexington Street is a fantastic opportunity for first-time buyers or anyone looking for a well-located home with room to grow. Schedule your private showing today and come see all that this home has to offer.

Investor Tools

Property Icon
$236,000
Estimated Property Value
$138,116Estimated Mortgage Balance
$97,884Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,428 /month
Positive
Cash Flow Estimate:
$476 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$402/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,647
$227,180
2025
$27,180
$200,000
$227,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,647
$227,180

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Gateway First Bank
Conventional
$153,000
No
First
Apr 19, 2021
May 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,116
$97,884
41%
59%
$918/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$918/mo
+$642/mo
7.9%

City: Waco

1500 Lexington Street | Property Details | No Agent List