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A+
NoAgentList RatingHow are grades calculated? Info
Days54Days on Market
Views1view
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$139,900

$144,900

1827 Wood Avenue, Waco, TX, 76706

$181,870 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,018 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$137.43 / sqft
Year BuiltBuilt in 1938

Property Lead Type:

Must-SellDeal ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesElectric Range, Electric Water Heater, Refrigerator
FlooringVinyl

Exterior

Lot Size8,250 sqft

Building Information

Year Built1938
Stories1
Roof Type105

Land Information

APN480029000168002
Lot Number9
SubdivisionBaylor
Land UseResidential
Legal DescriptionBAYLOR LOT 9 BLOCK 15 ACRES .1894
Census Tract000598
Assessed Land Value$28,880
Assessed Improvement Value$70,520
Assessment Year2025

About this property

Welcome to 1827 Wood Ave, a cottage-style home ideally located near Baylor University. A welcoming front porch with new decking sets the tone for this inviting 3-bedroom, 1-bath residence. Inside, you’ll find a light and bright palette with updated kitchen cabinetry, newer windows, and solid surface flooring throughout. Situated just minutes from campus, downtown Waco, and with quick access to Interstate 35, commuting and daily errands are easy. The backyard includes a storage structure that is perfect for recreation equipment or tools. Whether you’re looking to expand your Baylor-area rental portfolio or searching for a budget-friendly first home, this property presents an excellent opportunity in a highly desirable location.

Investor Tools

Property Icon
$143,000
Estimated Property Value
$0Estimated Mortgage Balance
$143,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$181,870
Rent-to-Value Ratio: 0.72%
Rent Estimate
$858 /month
Positive
Cash Flow Estimate:
$286 /month

Interested in this property?

Amanda Nesbitt

Magnolia Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,827
$97,200
2025
$28,880
$70,520
$99,400
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,827
$97,200

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$143,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
N/A
+$1,010/mo
8.5%

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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1827 Wood Avenue | Property Details | No Agent List