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Days30Days on Market
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$275,000

1507 E Waco Ave, Dallas, TX, 75216

On MarketInfo
Beds1 Beds
Baths1 Bath
Baths1,590 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$172.96 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating GasHeating Gas
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Electric Range, Microwave

Exterior

Lot Size7,194 sqft

Building Information

Year Built1925
Stories1
Roof Type105
Garage Spaces1

Land Information

APN00000279994000000
Lot Number18
SubdivisionEdgemont Addn No 3
Land UseResidential
Legal DescriptionEDGEMONT ADDN NO 3 BLK 24/3585 LT 18 VOL92016/3725 DD01081992 CO-DC 3585 024 01800 2003585 024
Census Tract021000
Assessed Land Value$81,000
Assessed Improvement Value$85,860
Assessment Year2025

About this property

Beautifully Renovated Home in a Prime Dallas Location! Welcome to 1507 E Waco Avenue, Dallas, TX 75216 — a stunning fully renovated home offering 4 bedrooms, 2 bathrooms, 1,590 sqft of thoughtfully designed living space, and a 1-car carport. Featuring stylish modern updates and a functional layout, this move-in-ready home perfectly blends comfort, elegance, and everyday convenience. Step inside to discover a bright and inviting interior featuring updated flooring, fresh paint, contemporary lighting, and designer finishes throughout. The spacious living and dining areas flow seamlessly into the beautifully renovated kitchen, complete with modern cabinetry, sleek countertops, and updated fixtures, creating the perfect space for entertaining family and friends. The generously sized bedrooms provide flexibility for growing families, guests, or a home office, while both bathrooms have been tastefully renovated with modern tile, upgraded vanities, and stylish finishes. Every detail has been thoughtfully updated to create a home that is both functional and move-in ready. Prime Location: Conveniently located in a rapidly growing area of Dallas, this home offers quick access to Downtown Dallas, the Bishop Arts District, the Dallas Zoo, and major highways including I-35E, I-45, and US-175. Enjoy being just minutes from shopping, dining, parks, entertainment, and the continued redevelopment that makes this area an excellent place to live and invest. With its modern upgrades, spacious layout, and outstanding location, 1507 E Waco Avenue presents an exceptional opportunity for homeowners and investors alike. Schedule your private showing today and experience everything this beautifully renovated Dallas home has to offer!

Investor Tools

$181,941Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

Interested in this property?

Jesus Castillo

ONEPLUS REALTY GROUP, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$379/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,715
$166,860
2025
$81,000
$85,860
$166,860
Yes (2014)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,715
$166,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kiavi Funding Inc
Building Or Construction Loan
$183,000
No
First
Mar 6, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$181,941
N/A
0%
109%
$1,098/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,326/mo
$1,098/mo
+$228/mo
9.5%

Learn About the Market: Opportunity in Dallas

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Explore

Dallas

The largest metro area in Texas, Dallas–Fort Worth blends corporate muscle with suburban sprawl and long-run growth. Anchored by Fortune 500 headquarters, two major airports, and sprawling master-planned communities, the region stretches from Uptown Dallas high-rises to Fort Worth’s historic Stockyards.

DFW is where finance meets freight, tech meets transportation, and new subdivisions seem to rise as quickly as new logistics hubs. It’s a metro defined by scale — in jobs, rooftops, and opportunity.

Explore Texas Explore This Area
Population Growth

Population Growth

~0.8%

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$318,600

Unemployment Rate

Unemployment Rate

3.60%

Price Trend

Price Trend

~2–3% YoY growth

New Permits

New Permits

~5,500 units

City: Dallas

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1507 E Waco Ave | Property Details | No Agent List