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$187,000

1701 Cleveland Ave, Waco, TX, 76706

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths988 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.94 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Microwave, Refrigerator, Washer

Exterior

Lot Size7,649 sqft

Building Information

Year Built1935
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480091000091003
Lot Number22
SubdivisionCitizens
Land UseResidential
Legal DescriptionCITIZENS LOT 22 BLOCK D ACRES .1756
Census Tract000598
Assessed Land Value$17,290
Assessed Improvement Value$160,010
Assessment Year2025

About this property

MOTIVATED SELLER! BRING ALL OFFERS! Imagine a lovely home with three bedrooms and one bathroom that has recently undergone some beautiful renovations. The home features new window panes, new water heater and all new flooring throughout. The large windows allow natural light to brighten up the space, creating a warm inviting environment. The kitchen ceiling has been recently replaced, giving it a fresh and modern look. Moreover, the whole house has been freshly painted, adding a clean and crips finish to the walls. This combination of updates makes the home feel rejuvenated and ready to welcome its new inhabitants. The backyard offers a serene escape, with enough space for gardening, a play area or simply enjoying the outdoors. With its fresh updates and peaceful surroundings, this home is truly ready for a new buyer to make it their own! Schedule your showing today!

Investor Tools

Property Icon
$187,000
Estimated Property Value
$108,007Estimated Mortgage Balance
$86,597Estimated Equity
42% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,122 /month
Positive
Cash Flow Estimate:
$374 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$97/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$225
$86,452
2025
$17,290
$160,010
$177,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$225
$86,452

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Fha
$108,007
Yes
First
Nov 13, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$100,403
$86,597
46%
54%
$674/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$674/mo
+$656/mo
8.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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