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$315,000

1711 Wood Ave, Waco, TX, 76706

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,690 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$186.39 / sqft
Year BuiltBuilt in 1940

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size8,250 sqft

Building Information

Year Built1940
Stories1
Roof Type105

Land Information

APN480029000156005
Lot Number11
SubdivisionBaylor
Land UseResidential
Legal DescriptionBAYLOR LOT 11 BLOCK 14 ACRES .1894
Census Tract000598
Assessed Land Value$101,060
Assessed Improvement Value$113,940
Assessment Year2025

About this property

Some homes just have that classic Waco feel, and 1711 Wood Avenue is one of them! Nestled in the Baylor subdivision and sitting on a generous 0.189 acre lot, this charming 3 bedroom, 3 bath home offers 1,690 square feet of single story living with character, versatility, and an unbeatable location. Baylor Parents, where else can you find a 3 bedroom, 3 bath home in the Baylor bubble at this price? Inside, you'll find two spacious living areas, providing plenty of room for entertaining, relaxing, or creating a dedicated flex space. The primary bedroom features a private ensuite bath, while the eat in kitchen offers a comfortable setting for everyday meals. A convenient utility room with washer and dryer hookups adds to the home's functionality. Flooring throughout includes a mix of luxury vinyl plank, tile, and carpet. Built in 1940, this established home offers timeless appeal while providing the space and flexibility today's buyers need. The siding exterior, composition shingle roof, and pillar and post pier foundation complement its traditional design. Whether you're a Baylor parent, investor, buyer looking to be close to campus, or simply searching for a home in the heart of Waco, this property is an opportunity worth seeing. Location, space, and price make this one a must see in the Baylor bubble!

Investor Tools

$155,455Estimated Mortgage Balance
$65,302Estimated Equity
31% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,890 /month
Positive
Cash Flow Estimate:
$630 /month

Interested in this property?

Matthew Wilhelm

EG Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$635/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,524
$215,000
2025
$101,060
$113,940
$215,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,524
$215,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Conventional
$161,250
No
First
May 17, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,455
$72,545
31%
71%
$967/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$967/mo
+$363/mo
7.3%

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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1711 Wood Ave | Property Details | No Agent List