$155,000
1824 Lyle Ave, Waco, TX, 76708
$199,421 ARV
On Market
Property Lead Type:
Must-SellAbsentee OwnerHigh Equity
Highlights
Interior
AppliancesNone
Exterior
Lot Size8,250 sqft
Building Information
Year Built1920
Stories1
Roof Type105
Land Information
APN480176000909000
Lot Number5
SubdivisionFarwell Hts
Land UseResidential
Legal DescriptionFARWELL HTS LOT 5 BLOCK 90 ACRES .1894
Census Tract001100
Assessed Land Value$16,420
Assessed Improvement Value$79,040
Assessment Year2025
About this property
Opportunity awaits with this 3-bedroom, 1-bath home full of potential! This property is ideal for investors, flippers, or buyers looking to put their personal touch on a home. With some TLC, this could be transformed into a great residence or income-producing property. Located in a convenient area near McLennan Community College, Cameron Park Zoo, and just a short drive to downtown Waco, you’ll have easy access to schools, parks, restaurants, and local attractions. Don’t miss your chance to invest in a property with strong potential in a growing area!
Investor Tools
$44,120Estimated Mortgage Balance
$109,364Estimated Equity
76% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$199,421
Rent-to-Value Ratio: 0.72%
Rent Estimate
$930 /month
Positive
Cash Flow Estimate:
$310 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$235/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,052
$95,460
2025
$16,420
$79,040
$95,460
No
Tax History
Year
Tax Paid
Assessed Value
2024
$2,052
$95,460
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kalos Prosperties ,Llc
N/A
$56,000
N/A
First
May 25, 2016
N/A
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$44,120
$139,880
76%
29%
$336/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$336/mo
+$994/mo
10.4%
