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$475,000

1835 Fort Graham Road, Waco, TX, 76705

$617,500 ARVInfo
On MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,195 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$148.67 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

ARV FlipHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Electric Range, Gas Water Heater, Microwave, Refrigerator, Vented Exhaust Fan

Exterior

Lot Size2.70 acres

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200034000061005
SubdivisionRutherford Joseph
Land UseResidential
Legal DescriptionRUTHERFORD JOSEPH ACRES 2.7
Census Tract003402
Assessed Land Value$60,350
Assessed Improvement Value$517,190
Assessment Year2025

About this property

TWO HOMES on 2.7 Fully Fenced Acres, Situated in a peaceful country setting! Can be purchased fully furnished! The main home is a 3 bed, 2 full bath. The guest house is a 1 bed, 1 bath, offering exceptional flexibility, privacy, and income potential. The 2,300 plus sqft main house features an open-concept layout with a spacious living area, complete with a wood burning fireplace and built ins, an open kitchen with abundant cabinetry, center island, oversized pantry, and a formal dining room with large windows overlooking the tree covered backyard. The oversized master bedroom offers a spa like ensuite with soaking tub and separate shower, plus an impressive walk-in closet with built in island and washer and dryer hookups. Two generously sized guest bedrooms and a spacious guest bath complete the main home. The guest house includes a large open kitchen and living area and has been used successfully for short term stays. New HVAC inside and out was installed in May 2023. This space provides excellent flexibility for guests, extended family, home office use, or supplemental income opportunities. Additional features include a 1,200 sq ft workshop, storage shed, automatic gated entry, ample parking, and mature trees offering privacy and room to spread out. With two independent living spaces, this property is well suited for multi-generational living, work from home flexibility, or buyers seeking optional income potential.

Investor Tools

$358,153Estimated Mortgage Balance
$312,847Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$617,500
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,026 /month
Positive
Cash Flow Estimate:
$1,342 /month

Interested in this property?

Taylor McGough

All City Real Estate Ltd. Co

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$280/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$577,540
2025
$60,350
$517,190
$577,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$577,540

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Wallick & Volk Inc
Va
$390,000
Yes
First
Feb 11, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$358,153
$312,847
46%
53%
$2,339/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$2,339/mo
$-985/mo
2.4%

City: Waco

1835 Fort Graham Road | Property Details | No Agent List