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$301,000

1801 Mahalia Dr, Waco, TX, 76705

$343,476 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,468 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$100.89 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Refrigerator

Exterior

Lot Size13,647 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480376030001006
Lot Number1
SubdivisionSharondale
Land UseResidential
Legal DescriptionSHARONDALE LOT 1 BLOCK 1 ACRES .3133
Census Tract001402
Assessed Land Value$17,190
Assessed Improvement Value$239,310
Assessment Year2025

About this property

Charming quite neighborhood.Large family home you can put your stamp on, Includes a workshop and bonus room!

Investor Tools

Property Icon
$301,000
Estimated Property Value
$143,250Estimated Mortgage Balance
$231,467Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$343,475
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,806 /month
Positive
Cash Flow Estimate:
$602 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$239/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,366
$218,560
2025
$17,190
$239,310
$256,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,366
$218,560

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Financial Freedom Senior Funding Corp
Reverse Mortgage / Hecm
$143,250
No
First
Aug 4, 2005
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$69,533
$231,467
76%
23%
$793/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$793/mo
+$514/mo
5.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1801 Mahalia Dr | Property Details | No Agent List