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$139,000

1725 N 23rd St, Waco, TX, 76707

$174,034 ARVInfo
On MarketInfo
Just AddedInfo
Beds3 Beds
Baths2 Bath
Baths1,392 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$99.86 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

BankruptcyAuctionPre-ForeclosureDeal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesNone
FlooringTile

Exterior

Lot Size7,205 sqft

Building Information

Year Built1938
Stories1
Roof Type105

Land Information

APN480340000245003
Lot Number6E,7E,U
SubdivisionProvident
Land UseResidential
Legal DescriptionPROVIDENT LOT 6E 7E 8E BLOCK 21 ACRES .1654
Census Tract001000
Assessed Land Value$22,840
Assessed Improvement Value$136,270
Assessment Year2025

About this property

Built in 1938, this charming 3-bedroom, 2-bathroom home spanning 1,392 sq. ft. offers all the potential imaginable! Whether you are looking for your next hands-on fixer-upper, or an addition to your rental portfolio, this property delivers. Best of all? the house is currently occupied by wonderful tenants generating $1,200 a month in rent, and they are eager to stay! Major peace of mind is already built-in with an upgraded meter box and pole installed in February 2024. Conveniently located near amenities, parks, and major commuter routes, this gem is priced to move at $139,000. Call to schedule your private showing today!

Investor Tools

$200,898Estimated Mortgage Balance
$176,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$174,033
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month

Interested in this property?

Hanna Metcalf

EG Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$371/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,577
$159,110
2025
$22,840
$136,270
$159,110
Yes (2023)

Tax History

Year
Tax Paid
Assessed Value
2025
$3,577
$159,110

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Stand Alone Second / Subordinate Position
$104,025
No
First
Oct 31, 2024
Oct 2027

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,898
N/A
0%
114%
$1,248/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,248/mo
+$59/mo
8.9%

City: Waco

1725 N 23rd St | Property Details | No Agent List