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$222,000

1906 La Porte Dr, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,097 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$200.55 / sqft
Year BuiltBuilt in 1958

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesVented Exhaust Fan, Gas Water Heater
FlooringCarpet, Wood

Exterior

Lot Size6,943 sqft

Building Information

Year Built1958
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480381010006002
Lot Number6
SubdivisionSouthern Terrace
Land UseResidential
Legal DescriptionSOUTHERN TERRACE LOT 6 BLOCK 1 ACRES .1594
Census Tract002501
Assessed Land Value$19,240
Assessed Improvement Value$136,890
Assessment Year2025

About this property

Look at this precious move-in ready home close to Target, HEB, and Valley Mills Drive. Open kitchen, dinning and living concept. Freshly painted interior and exterior. Beautiful original hardwood floors and new carpet. The kitchen has new kitchen cabinets, granite counters, new lighting, undermount stainless sink with new faucet, and stainless gas range with stainless vent-a hood. All plumbing has been replaced. New 2" blinds, solar screens, light fixtures throughout and hardware. New garage door, vinyl siding, and a completely fenced yard with a back patio. The list goes on and on. With this location it won't last long. Come see it for yourself.

Investor Tools

Property Icon
$222,000
Estimated Property Value
$150,000Estimated Mortgage Balance
$82,474Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,332 /month
Positive
Cash Flow Estimate:
$444 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$393/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,610
$156,130
2025
$19,240
$136,890
$156,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,610
$156,130

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Tx
Commercial
$150,000
No
First
Aug 16, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$139,526
$82,474
37%
63%
$900/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$900/mo
+$407/mo
7.1%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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1906 La Porte Dr | Property Details | No Agent List