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$276,540

NAL Estimated Property Value

2120 Washington Ave, Waco, TX, 76701

$359,502 ARVInfo
Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths2,372 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.05 / sqft
Year BuiltBuilt in 1910

Property Lead Type:

Absentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
AppliancesGas Range, Gas Water Heater, Refrigerator
FlooringCeramic Tile, Hardwood, Tile, Wood

Exterior

Lot Size10,542 sqft

Building Information

Year Built1910
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480167000023000
Lot Number31
SubdivisionFarm Lot 31
Land UseResidential
Legal DescriptionFARM LOT 31 LOT B1 BLOCK G ACRES .242
Census Tract000700
Assessed Land Value$56,920
Assessed Improvement Value$219,620
Assessment Year2025

About this property

Historic Charm Meets Modern Opportunity – 1910 Gem in Prime Location! Step into a piece of history with this stunning 3-bedroom, 2-bathroom building, originally built in 1910 and previously serving as an art museum. This property seamlessly blends classic architectural beauty with versatile zoning (C2), making it an ideal investment for an office or retail venture. It has also been used as a residence and would make a lovely family home. As you enter, be captivated by the home’s original features including intricate moldings, hardwood floors, and vintage details that tell a story of elegance and character. The formal living and dining rooms provide ample space for gatherings or client meetings, while the sunroom invites natural light and serene views, perfect for creative inspiration or relaxation. The property also boasts a charming studio apartment above the back shop, providing versatile options for additional income, guest accommodation, or a private workspace away from the hustle and bustle. Situated mere blocks from downtown Waco, this building is poised for revival. Bring your vision to life in this fantastic location where history meets potential. Whether you’re looking to create a boutique retail space, a modern office, or simply restore a treasured landmark, this property awaits your creative touch.

Investor Tools

Property Icon
$276,540
Estimated Property Value
$0Estimated Mortgage Balance
$276,540Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$359,502
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,794 /month
Positive
Cash Flow Estimate:
$598 /month

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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
$5,998
$276,540
2025
$56,920
$219,620
$276,540
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,998
$276,540

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$276,540
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,480/mo
N/A
+$1,480/mo
6.4%

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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2120 Washington Ave | Property Details | No Agent List