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A+
NoAgentList RatingHow are grades calculated? Info
Days111Days on Market
Views1view
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$120,000

1613 Lexington Street, Waco, TX, 76711

$156,000 ARVInfo
On MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,372 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$87.46 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Must-SellARV FlipHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesOther

Exterior

Lot Size15,002 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces3

Land Information

APN480321000022007
Lot Number23,24
SubdivisionOrand Sub
Land UseResidential
Legal DescriptionORAND SUB LOT 23 24 BLOCK 1 ACRES .3444
Census Tract004300
Assessed Land Value$27,300
Assessed Improvement Value$165,180
Assessment Year2025

About this property

Investor Special – Prime Flip Opportunity in Waco! Calling all investors and visionaries! This 3-bedroom, 1-bath home is a great opportunity to renovate and add value in the Waco market. The property features additional bonus rooms, offering flexibility for a home office, extra bedroom, or expanded living space. A spacious lot with a large backyard provides plenty of room to enhance outdoor living or increase overall appeal. With a roof that’s only 3 years old, this home offers a solid starting point for your next flip or investment project. Whether you’re looking for a flip or a buy-and-hold opportunity, this property is full of potential. Bring your vision and make it shine!

Investor Tools

Property Icon
$192,480
Estimated Property Value
$0Estimated Mortgage Balance
$64,208Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$156,000
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,155 /month
Positive
Cash Flow Estimate:
$385 /month

Interested in this property?

Yazmin Garcia

Agents Of Texas, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$445/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,372
$192,480
2025
$27,300
$165,180
$192,480
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,372
$192,480

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Everett Financial Inc
Conventional
$138,400
No
First
Jun 3, 2022
Jul 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,272
$64,208
33%
67%
$830/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$830/mo
+$730/mo
9.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1613 Lexington Street | Property Details | No Agent List