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$279,000

NAL Estimated Property Value

1515 Trice Avenue, Waco, TX, 76707

Off MarketInfo
Baths0 Bath
Year BuiltBuilt in 2025

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bathrooms 0Bathrooms 0
AppliancesMicrowave

Exterior

Exterior FeaturesOther, Garden
Lot Size8,002 sqft

Land Information

APN480427000004005
Lot Number4
SubdivisionWaco Improvement Co
Land UseResidential
Legal DescriptionWACO IMPROVEMENT CO LOT 4 BLOCK 1 ACRES .1837
Census Tract001000
Assessed Land Value$22,400
Assessment Year2025

About this property

Stunning New-Build Duplex – Perfect for Homeowners & Investors! This beautifully designed new-build duplex offers the perfect blend of comfort, efficiency, and modern style. Each unit features 3 bedrooms and 2 pristine bathrooms, providing ample living space for families, professionals, or tenants. Step inside to discover gorgeous, durable concrete floors that add a sleek, modern touch while ensuring easy maintenance. The bright and airy kitchen areas are designed for both function and style, featuring high-quality finishes perfect for everyday living and entertaining. Built for efficiency, this home boasts a high-performance HVAC system, double-pane windows for superior insulation, and high-capacity water heaters, ensuring year-round comfort and energy savings. Outside, the paved front and back areas provide easy access and comfortable parking space, making daily life convenient for residents and guests alike. Prime Location! Situated just 7 minutes from downtown Waco, this property places you near some of the city's best attractions: Magnolia Market at the Silos – A must-visit for shopping, dining, and local charm Cameron Park & Brazos River – Ideal for outdoor activities, biking, and scenic walks Easy access to major roads & local hotspots Whether you're looking for a move-in-ready dream home or a high-value investment opportunity, this duplex delivers on every level. Don’t miss your chance to own a prime piece of real estate in one of Waco’s most desirable locations! Schedule your showing today! The privacy fence is currently being built, and the property is STR eligible — a fantastic opportunity for investors!

Investor Tools

Property Icon
$279,000
Estimated Property Value
$226,294Estimated Mortgage Balance
$52,706Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$158/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$505
$22,400
2025
$22,400
N/A
$22,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$505
$22,400

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Better Mortgage Corporation
Conventional
$230,000
No
First
Jun 25, 2025
Jul 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$226,294
$52,706
18%
81%
$1,379/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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