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$241,000

NAL Estimated Property Value

1609 Fannin St, Waco, TX, 76705

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,500 Sq Ft
price_per_sqft$155.33 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range, Microwave, Refrigerator
FlooringLaminate, Tile

Exterior

Lot Size37,501 sqft

Building Information

Year Built1947
Stories1
Roof Type105
Garage Spaces5

Land Information

APN280150000072008
Lot Number22-26
SubdivisionFannin
Land UseResidential
Legal DescriptionFANNIN LOT 22- 26 BLOCK 4 ACRES .8609
Census Tract001700
Assessed Land Value$16,880
Assessed Improvement Value$212,950
Assessment Year2025

About this property

Beautiful 4-bedroom, 2-bathroom home sits on a double lot. This property offers plenty of room both inside and out. Enjoy the convenience of two separate driveways, ideal for multiple vehicles, guests, or even RV parking. The huge yard provides endless opportunities for gardening, outdoor entertaining, or simply soaking in the serenity of the countryside. Whether you're looking for a family home, a quiet retreat, or a place to spread out and enjoy the outdoors, this home has what you want. Just moments away from Texas State Technical College(TSTC), ideal residence for nearby housing. Call for a private viewing today!!!

Investor Tools

Property Icon
$241,000
Estimated Property Value
$249,078Estimated 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
$1,446 /month
Positive
Cash Flow Estimate:
$482 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$163/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$748
$151,306
2025
$16,880
$212,950
$229,830
No

Tax History

Year
Tax Paid
Assessed Value
2024
$748
$151,306

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cmg Mortgage Inc
Unknown
$238,598
No
First
Jan 23, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$249,078
N/A
0%
103%
$1,503/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$1,503/mo
$-507/mo
5.0%

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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