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$229,900

1825 Mahalia Drive, Waco, TX, 76705

$256,443 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,921 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$119.68 / sqft
Year BuiltBuilt in 1983

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Cooktop
FlooringCarpet, Tile, Wood

Exterior

Private PoolPrivate Pool
Lot Size21,675 sqft

Building Information

Year Built1983
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480376030031011
Lot Number45
SubdivisionSharondale
Land UseResidential
Legal DescriptionSHARONDALE LOT 45 BLOCK 3 ACRES .4976
Census Tract001402
Assessed Land Value$19,940
Assessed Improvement Value$362,070
Assessment Year2025

About this property

1825 Mahalia is it – the unpolished jewel ready for you to make it shine. Sitting on almost half an acre in the Sharondale neighborhood, 1825 Mahalia Street is a three bedroom, two bath stunner ready for its next owner. With just under 2,000 square feet, this all-sides brick home has a super spacious and functional layout with a living-room fireplace, chef-friendly kitchen, formal dining, and large bedrooms. Out back, a future oasis. The gazebo overlooks the pool area that is ready for someone to bring back the sparkle and make use of the water slide and diving board. Imagination and creativity will bring this one back to its former glory. Priced accordingly to sell and allow room for your personal touch, 1825 Mahalia Street will not last long. Call today for your private tour.

Investor Tools

$275,873Estimated Mortgage Balance
$106,137Estimated Equity
27% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$256,443
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,292 /month
Positive
Cash Flow Estimate:
$764 /month

Interested in this property?

Cory Duncan

Haus Realty Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$851/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,307
$382,010
2025
$19,940
$362,070
$382,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,307
$382,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$295,000
No
First
Dec 15, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$275,873
$106,137
27%
72%
$1,769/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,769/mo
$-462/mo
4.1%

City: Waco

1825 Mahalia Drive | Property Details | No Agent List