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$197,000

NAL Estimated Property Value

1725 Summer Ave, Waco, TX, 76708

$213,236 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,488 Sq Ft
price_per_sqft$127.69 / sqft
Year BuiltBuilt in 1921

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Range, Gas Water Heater
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size9,074 sqft

Building Information

Year Built1921
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480176000180019
Lot Number8,9B
SubdivisionFarwell Hts
Land UseResidential
Legal DescriptionFARWELL HTS LOT 8 9B BLOCK 26 ACRES .2083
Census Tract001300
Assessed Land Value$17,610
Assessed Improvement Value$156,850
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 2-bath corner lot home, perfectly located just minutes from grocery stores, dining, and everyday conveniences. A welcoming covered front patio sets the tone as you step inside to find beautiful natural wood flooring flowing throughout the main living areas. The spacious living room features a cozy gas log fireplace, creating the perfect spot to relax or entertain. Just off the living area, the formal dining room is filled with natural light from surrounding windows, offering a bright and inviting space for gatherings. The kitchen provides ample cabinet storage and is equipped with a gas stove—ideal for home-cooked meals. Step outside to a large covered back patio complete with ceiling fans and strip lighting, making it perfect for year-round outdoor enjoyment. The backyard offers alley access leading to a generous carport that can accommodate up to three vehicles. You’ll also find a well-sized storage shed, along with an additional shed that includes electricity—perfect for a workshop, hobby space, or extra storage. With its functional layout, great outdoor features, and convenient location, this home offers comfort, space, and versatility all in one!

Investor Tools

Property Icon
$197,000
Estimated Property Value
$41,386Estimated Mortgage Balance
$155,614Estimated Equity
78% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$213,236
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,182 /month
Positive
Cash Flow Estimate:
$394 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,730
$174,460
2025
$17,610
$156,850
$174,460
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,730
$174,460

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Open End Mortgage / Open End With Future Advance Clause
$61,200
No
First
Jul 2, 2012
Jul 2019

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$41,386
$155,614
78%
21%
$367/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$367/mo
+$963/mo
8.1%

City: Waco

1725 Summer Ave | Property Details | No Agent List