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$311,000

NAL Estimated Property Value

1919 S 16th St, Waco, TX, 76706

$333,426 ARVInfo
Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths1,728 Sq Ft
Manufactured HomeManufactured Home
price_per_sqft$124.42 / sqft
Year BuiltBuilt in 2003

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave, Refrigerator
FlooringCarpet, Laminate

Exterior

Lot Size8,250 sqft

Building Information

Year Built2003
Stories1
Roof Type105

Land Information

APN480029000227000
Lot Number3
SubdivisionBaylor
Land UseResidential
Legal DescriptionBAYLOR LOT 3 BLOCK 20 ACRES .1894
Census Tract001900
Assessed Land Value$101,060
Assessed Improvement Value$90,540
Assessment Year2025

About this property

4 Bedroom 3 bath home 1 mile from Baylor! Spacious living and dining room, fully equipped kitchen - move in ready! Great lease property...AirB&B...Baylor student living?! The home features a huge back yard, completely privacy fenced as well as an large parking area for guests. The home was previously leased for two years. Don't miss this one!

Investor Tools

Property Icon
$311,000
Estimated Property Value
$182,931Estimated Mortgage Balance
$128,069Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$333,425
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,866 /month
Positive
Cash Flow Estimate:
$622 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$490/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,322
$191,600
2025
$101,060
$90,540
$191,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,322
$191,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Hamilton Group Funding Inc
Conventional
$204,250
No
First
Dec 21, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$182,931
$128,069
41%
59%
$1,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,225/mo
+$145/mo
5.3%

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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1919 S 16th St | Property Details | No Agent List