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$269,000

2131 Lenamon St, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,586 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.61 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Oven, Electric Range, Electric Water Heater

Exterior

Lot Size11,408 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480266000163005
Lot Number2
SubdivisionLake Air Village
Land UseResidential
Legal DescriptionLAKE AIR VILLAGE LOT 2 BLOCK 17 ACRES .2619
Census Tract002600
Assessed Land Value$35,480
Assessed Improvement Value$228,100
Assessment Year2025

About this property

Welcome to this beautifully updated 3-bedroom, 2-bath home nestled in the sought-after Mountainview neighborhood. Offering both comfort and convenience, this property features a spacious layout with stunning new tile flooring flowing throughout the entire home. Enjoy three generously sized bedrooms, each with ample closet space. The hall bath features a tub shower combo, while the private master bath boasts a sleek stand-up tile shower. The large kitchen and dining area offer great flow, perfect for everyday living and entertaining. Step outside to a huge backyard patio ideal for gatherings, complete with a storage shed and swingset that stays with the home. Plenty of parking is available with a traditional driveway plus a convenient circle drive. This home has everything you need location, space, updates, and charm. Don’t miss it!

Investor Tools

Property Icon
$263,580
Estimated Property Value
$202,125Estimated Mortgage Balance
$65,014Estimated Equity
23% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,614 /month
Positive
Cash Flow Estimate:
$538 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$608/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,977
$263,580
2025
$35,480
$228,100
$263,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,977
$263,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$202,125
No
First
May 28, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$198,566
$65,014
24%
75%
$1,212/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,212/mo
+$95/mo
6.0%

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.

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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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2131 Lenamon St | Property Details | No Agent List