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$224,000

NAL Estimated Property Value

207 S Norma Dr, Waco, TX, 76705

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,829 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$136.14 / sqft
Year BuiltBuilt in 1967

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Vented Exhaust Fan
FlooringLaminate

Exterior

Lot Size9,374 sqft

Building Information

Year Built1967
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200356000103000
Lot Number10
SubdivisionNorthdale
Land UseResidential
Legal DescriptionNORTHDALE LOT 10 BLOCK 8 ACRES .2152
Census Tract003200
Assessed Land Value$31,410
Assessed Improvement Value$163,568
Assessment Year2025

About this property

Introducing this charming home with a perfect blend of modern upgrades and classic style! Step inside to discover brand-new floors that lead you through the spacious living areas. The heart of the home features a beautifully crafted farm-style sink, adding a touch of rustic elegance. You'll love the convenience of not one but two pantries, providing ample storage space for all your culinary needs. Step outside to a large backyard, ideal for outdoor entertaining or simply enjoying the serene surroundings. This home is the perfect combination of comfort, style, and functionality!

Investor Tools

Property Icon
$224,000
Estimated Property Value
$212,985Estimated Mortgage Balance
$11,015Estimated Equity
4% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$429/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,027
$194,978
2025
$31,410
$163,568
$194,978
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,027
$194,978

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Fha
$220,924
Yes
First
May 10, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$212,985
$11,015
4%
95%
$1,325/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,325/mo
$-18/mo
7.0%

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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207 S Norma Dr | Property Details | No Agent List