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B+
NoAgentList RatingHow are grades calculated? Info
Days83Days on Market
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$225,000

1701 S 12th Street 1204, Waco, TX, 76706

On MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,247 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$180.43 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 3Bathrooms 3
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringVinyl

Exterior

Exterior FeaturesOutdoor Grill, Other
Lot Size2,073 sqft

Building Information

Year Built2003
Stories1
Roof Type105

Land Information

APN480016000305080
Lot Number19
SubdivisionBagby
Land UseResidential
Legal DescriptionBAGBY LOT 19; UNIT 1204 BLDG 1 4.3% BLOCK 19 TIMBERWOOD TOWNHOMES TIMBERWOOD TOWNHOMES
Census Tract000402
Assessed Land Value$31,640
Assessed Improvement Value$215,290
Assessment Year2025

About this property

Tucked inside a gated community just minutes from Baylor, this two-story condo offers a simple kind of comfort that’s easy to settle into. Clean lines, natural light, and a layout that makes sense from the moment you walk in. The main floor opens up with a spacious living area that flows around into the kitchen. Freshly finished cabinetry, modern backsplash, and solid surface counters give the kitchen a grounded, updated feel, while the breakfast bar keeps everything connected. Upstairs, both bedrooms are set apart with their own ensuite baths, creating privacy and flexibility for everyday living. Generous closets and a conveniently located laundry area keep things practical without overcomplicating the space. Out front, the covered brick entry adds a sense of place, and the gated setting brings peace of mind. Community green space and a shared pavilion offer room to step outside and slow down for a bit. Set up for a range of lifestyles, this layout works well for those looking for a low-maintenance home, a convenient place near campus, or an investment opportunity with lasting appeal. With close proximity to campus, dining, and daily essentials, this is a home that keeps life moving without feeling rushed.

Investor Tools

Property Icon
$247,000
Estimated Property Value
$0Estimated Mortgage Balance
$167,530Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,482 /month
Positive
Cash Flow Estimate:
$494 /month

Interested in this property?

Jeffery Bird

Keller Williams Realty, Waco

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$522/month
$225/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,033
$246,930
2025
$31,640
$215,290
$246,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,033
$246,930

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
R Bank
Arm (Adjustable Rate Mortgage)
$93,750
No
First
Dec 29, 2017
Jan 2048

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,470
$167,530
67%
32%
$504/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
$729/mo
+$281/mo
4.9%

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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