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$189,000

1900 MAHALIA Drive, Waco, TX, 76705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,595 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$118.5 / sqft
Year BuiltBuilt in 1969

Property Lead Type:

Off-Market ListHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Electric Range, Gas Range, Refrigerator, Washer
FlooringVinyl

Exterior

Lot Size11,273 sqft

Building Information

Year Built1969
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480376030110007
Lot Number20
SubdivisionSharondale
Land UseResidential
Legal DescriptionSHARONDALE LOT 20 BLOCK 6 ACRES .2588
Census Tract001402
Assessed Land Value$16,120
Assessed Improvement Value$188,000
Assessment Year2025

About this property

This super cute three bedroom, two bathroom brick home offers the perfect blend of charm and modern updates. Recently remolded, featuring brand-new vinyl flooring, brand new countertops, brand new sleek cabinets, and one of the bathrooms has been fully remodeled. With almost a complete remodel, this house is starting to reflect a fresh start. Enjoy a clean, bright atmosphere throughout, with generous space and an open living design that’s perfect for both unwinding and hosting. Outside you will find a huge yard for gathering and entertainment. Located in an up-and-coming neighborhood, this home is a great opportunity for anyone starting a family or even downsizing. Schedule your showing today!

Investor Tools

Property Icon
$189,699
Estimated Property Value
$0Estimated Mortgage Balance
$31,860Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,138 /month
Positive
Cash Flow Estimate:
$379 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$163/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,006
$189,699
2025
$16,120
$188,000
$204,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,006
$189,699

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Asset Corp
Fha
$142,373
Yes
First
Aug 18, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$157,839
$31,860
16%
83%
$995/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$995/mo
+$312/mo
8.3%

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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1900 MAHALIA Drive | Property Details | No Agent List