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$419,300

2112 Gregory Ln, Waco, TX, 76708

On MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,441 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$171.77 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Microwave
FlooringTerrazzo, Vinyl

Exterior

Exterior FeaturesGarden
Lot Size15,246 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces3

Land Information

APN480121000175002
SubdivisionDavis L R
Land UseResidential
Legal DescriptionDAVIS L R TRACT 24 ACRES .35
Census Tract003000
Assessed Land Value$34,910
Assessed Improvement Value$292,300
Assessment Year2025

About this property

Built in 1955 and rich with authentic mid-century architecture and design, this beautifully preserved North Waco home is one of those properties that feels special the moment you step inside. Its distinctive mid-century ranch exterior architecture hints at what awaits within: extensive terrazzo flooring, vaulted ceilings, gable transom windows, abundant natural light, and thoughtful architectural details throughout. The open, spacious floor plan offers 2,441 square feet with three bedrooms, two baths, a dedicated office, large dining room, and two generous living areas. A custom built-in room divider, extensive interior brickwork, and a wood-burning fireplace add warmth and texture while underscoring the home’s original architectural character. The oversized sunroom serves as a fantastic second living space with enough room to create multiple seating or activity zones, while the adjacent office provides a quiet and versatile workspace. Outside, mature trees and native landscaping create a peaceful established setting, complemented by a productive garden, your very own pocket vineyard and convenient circle drive. The detached garage is far more than simple parking, offering central heat & air conditioning, a large workshop area, and its own half bath. Beautifully maintained and rich with original character, this is a rare opportunity to own a genuinely distinctive mid-century home in a tree-filled pocket of North Waco near MCC.

Investor Tools

$282,521Estimated Mortgage Balance
$77,956Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,516 /month
Positive
Cash Flow Estimate:
$839 /month

Interested in this property?

Austin Hooper

AG Real Estate & Associates

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$615/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,584
$327,210
2025
$34,910
$292,300
$327,210
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,584
$327,210

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$300,000
No
First
Mar 10, 2023
Apr 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$282,521
$44,689
13%
79%
$1,799/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,799/mo
$-469/mo
4.4%

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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2112 Gregory Ln | Property Details | No Agent List