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$149,000

NAL Estimated Property Value

1716 Nelva St, Waco, TX, 76711

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,057 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.37 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesDishwasher, Disposal, Dryer, Electric Range
FlooringLaminate

Exterior

Lot Size8,041 sqft

Building Information

Year Built1952
Stories1
Roof Type105

Land Information

APN480065010032004
Lot Number5
SubdivisionBush-Carroll
Land UseResidential
Legal DescriptionBUSH-CARROLL LOT 5 BLOCK 3 ACRES .1846
Census Tract004300
Assessed Land Value$20,900
Assessed Improvement Value$122,660
Assessment Year2025

About this property

Step into the warmth and character of this 1950s home located at 1716 Nelva. Offering 3 bedrooms and 1 full bath, this property blends vintage charm with everyday functionality. Natural light fills the spacious living area, creating an inviting atmosphere perfect for relaxing or entertaining. The kitchen provides plenty of cabinet space and a layout ready for your personal touch. Each bedroom offers comfortable space, and the bathroom maintains a clean, functional design. Outside, enjoy a generous backyard with room to create your own outdoor retreat—ideal for gardening, gatherings, or simply relaxing under the Texas sky. Nestled in an established Waco neighborhood, this home is a great opportunity for first-time buyers, investors, or anyone seeking a solid home with character and potential. With easy access to schools, shopping, and major roadways, convenience is right at your doorstep. Don’t miss your chance to make this charming home your own—schedule a showing today! This home includes an energy-efficient solar panel system. Seller is open to either paying off the system at closing or transferring the existing loan to a qualified buyer.

Investor Tools

Property Icon
$149,000
Estimated Property Value
$133,625Estimated Mortgage Balance
$15,375Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$960 /month
Positive
Cash Flow Estimate:
$320 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$172/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,322
$129,988
2025
$20,900
$122,660
$143,560
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,322
$129,988

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Building Or Construction Loan
$135,000
No
First
Oct 24, 2025
Oct 2030

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,625
$15,375
10%
90%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$810/mo
+$750/mo
12.6%

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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1716 Nelva St | Property Details | No Agent List