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$200,000

NAL Estimated Property Value

1906 Mitchell Ave, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,198 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$146.08 / sqft
Year BuiltBuilt in 1919

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesElectric Water Heater
FlooringLaminate, Tile

Exterior

Exterior FeaturesFire Pit
Lot Size8,416 sqft

Building Information

Year Built1919
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480428000043007
Lot Number14B,15A
SubdivisionWaco Vista
Land UseResidential
Legal DescriptionWACO VISTA LOT 14B 15A BLOCK 2 ACRES .1932
Census Tract001100
Assessed Land Value$16,660
Assessed Improvement Value$173,340
Assessment Year2025

About this property

Lovely remodeled home located in the heart of Waco. Less than ten minutes from the highly desirable Magnolia Silos, close to popular shopping centers and centralized to I-35. When it comes to detail nothing was missed when bringing this over one hundred year home back to life ! Schedule your private tour today !

Investor Tools

Property Icon
$200,000
Estimated Property Value
$155,562Estimated Mortgage Balance
$44,438Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,200 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,747
$190,000
2025
$16,660
$173,340
$190,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,747
$190,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Jared Edling Etux
Conventional
$171,000
No
First
Aug 4, 2021
Sep 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,562
$44,438
22%
78%
$1,026/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,026/mo
+$304/mo
8.0%

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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1906 Mitchell Ave | Property Details | No Agent List