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$190,210

NAL Estimated Property Value

1812 Nelva St, Waco, TX, 76711

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,152 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$151.91 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesVented Exhaust Fan, Electric Water Heater
FlooringLaminate, Tile

Exterior

Lot Size8,072 sqft

Building Information

Year Built1954
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480371010039009
Lot Number4
SubdivisionSchwartz Jake
Land UseResidential
Legal DescriptionSCHWARTZ JAKE LOT 4 BLOCK C ACRES .1853
Census Tract004300
Assessed Land Value$20,980
Assessed Improvement Value$169,230
Assessment Year2025

About this property

Convenience, location, and meticulously-maintained are words that will come to mind when you see this property! You cannot beat the location...it is close to I35, but without the noise, and extremely close to a mega HEB where you should be able to find just about whatever you need. On top of the awesome location, this house has been well maintained and loved by the previous owner. The owner has installed new kitchen appliances, a new HVAC & heat pump, new insulation which significantly lowered electric bills, two new sheds in the backyard, new paint and Epoxy flooring in the garage, and has done other various updates throughout the house. There is no carpet in this home which makes it perfect for someone with pets or allergies. It has great storage and a very functional floor plan. Ask your agent for the full list of updates and come check out this charming house today!

Investor Tools

Property Icon
$190,210
Estimated Property Value
$164,177Estimated Mortgage Balance
$26,033Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,141 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$249/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,040
$190,210
2025
$20,980
$169,230
$190,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,040
$190,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Xpert Home Lending Inc
Conventional
$169,750
No
First
Jul 15, 2024
Aug 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$164,177
$26,033
13%
86%
$1,018/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$1,018/mo
+$542/mo
9.8%

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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1812 Nelva St | Property Details | No Agent List