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$23,850

NAL Estimated Property Value

1700 Herring Ave, Waco, TX, 76708

$31,005 ARVInfo
Off MarketInfo
CommercialInfo
Baths0 Bath
Baths2,972 Sq Ft
Year BuiltBuilt in 1960

Highlights

Interior

Bathrooms 0Bathrooms 0
Heating CentralHeating Central
CoolingCooling

Exterior

Lot Size8,015 sqft

Building Information

Year Built1960
Stories2
Roof Type183

Land Information

APN480176001056000
Lot Number8
SubdivisionFarwell Hts
Land UseCommercial
Legal DescriptionFARWELL HTS LOT 8 BLOCK 100 ACRES .184
Census Tract001100
Assessed Land Value$21,600
Assessed Improvement Value$2,250
Assessment Year2025

About this property

Presenting 1700 Herring Ave, a versatile commercial property offering 2,972 square feet of space on a generous .184-acre lot. New roof was put on in 2019. This well-located building opens doors to numerous possibilities for your business ventures. Property Highlights: - Prime Location: Situated on Herring Ave, this property enjoys a strategic location that is conducive to various commercial endeavors. - Ample Space: With a sizable 2,972 square feet building, there is plenty of room to accommodate a range of business activities and layouts. - Versatility: The property's design and spacious layout make it suitable for a variety of commercial purposes. Whether you envision it as a retail space, office, or any other business venture, the possibilities are vast. - Strategic Lot Size: The .184-acre lot provides just the right amount of space for your business needs, offering a balance between a manageable size and room for expansion. - Investment Potential: This property presents an excellent investment opportunity for those seeking a versatile space in a prime location. Explore the potential for growth and success in this well-positioned commercial property. Unlock the potential of 1700 Herring Ave and turn your business dreams into reality. Whether you're an entrepreneur looking for a new space or an investor seeking a valuable asset, this property offers a canvas for your vision. Take the next step and explore the countless possibilities this commercial space has to offer. Priced to sell at under $41 a square foot.

Investor Tools

Property Icon
$23,850
Estimated Property Value
$152,172Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$31,005
Rent-to-Value Ratio: 0.72%
Rent Estimate
$719 /month
Positive
Cash Flow Estimate:
$240 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$55/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$537
$23,850
2025
$21,600
$2,250
$23,850
No

Tax History

Year
Tax Paid
Assessed Value
2024
$537
$23,850

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Unknown
$79,050
No
First
Apr 4, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$152,172
N/A
0%
638%
$948/mo

Learn About the Market: Opportunity in Texas

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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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