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Days36Days on Market
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$340,000

1623 Seley Ave, Waco, TX, 76704

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,596 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
HeatingHeating
CoolingCooling
AppliancesElectric Range, Electric Water Heater, Microwave
FlooringCarpet, Vinyl

Exterior

Lot Size7,362 sqft

Building Information

Year Built2023
Stories2
Roof Type105

Land Information

APN280177050001007
Lot Number1
SubdivisionFaulkner
Land UseResidential
Legal DescriptionFAULKNER LOT 1 BLOCK 1 ACRES .169
Census Tract001402
Assessed Land Value$30,840
Assessed Improvement Value$105,328
Assessment Year2025

About this property

New construction duplex offering modern finishes and strong investment potential. Each unit features 2 bedrooms, 1.5 bathrooms, an open-concept living and kitchen area, downstairs half bath, and upstairs Jack-and-Jill style full bathroom layout. Modern touches throughout include butcher block countertops, black fixtures, updated cabinetry, vinyl flooring downstairs, and carpet upstairs. Separate driveways and individual entrances provide added convenience and privacy for tenants. Ideal opportunity for investors or owner-occupants looking to offset expenses with rental income. Estimated rental potential around $1,200–$1,250 per side. Low-maintenance construction with easy access to downtown Waco, Baylor, and I-35. Property is also available for lease.

Investor Tools

Property Icon
$337,000
Estimated Property Value
$0Estimated Mortgage Balance
$337,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,040 /month
Positive
Cash Flow Estimate:
$680 /month

Interested in this property?

Ryan Simpson

Greater Waco Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$433/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,507
$136,168
2025
$30,840
$105,328
$136,168
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,507
$136,168

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$162,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
N/A
+$996/mo
3.5%

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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1623 Seley Ave | Property Details | No Agent List