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$265,140

NAL Estimated Property Value

2137 Hermanson Dr, Waco, TX, 76710

$273,000 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,936 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.25 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave, Refrigerator
FlooringCarpet, Laminate, Wood

Exterior

Lot Size9,470 sqft

Building Information

Year Built1957
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480074010002007
Lot NumberB
SubdivisionCampbell's Re Sub
Land UseResidential
Legal DescriptionCAMPBELL'S RE SUB LOT B BLOCK A ACRES .2174
Census Tract002600
Assessed Land Value$32,770
Assessed Improvement Value$232,370
Assessment Year2025

About this property

Welcome to this spacious 1,936-square-foot home located in the desirable Mountainview neighborhood. With 3 bedrooms and 2 bathrooms, this home offers plenty of room to grow. Beautiful hardwood floors flow throughout, enhancing the warmth and character of the space. An additional living area provides flexible options for family gatherings, entertainment, or a home office. The open layout creates a welcoming atmosphere, perfect for both relaxation and socializing. This home is ideally located for easy access to shopping, dining, and all the essentials, such as HEB, Target, Richland Mall, and all your favorite restaurants on Valley Mills. Don’t miss the opportunity to own this wonderful property in a fantastic neighborhood. Schedule your tour today!

Investor Tools

Property Icon
$265,140
Estimated Property Value
$241,785Estimated Mortgage Balance
$23,355Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$272,999
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,591 /month
Positive
Cash Flow Estimate:
$530 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$481/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,441
$265,140
2025
$32,770
$232,370
$265,140
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,441
$265,140

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Centennial Bank
Fha
$245,373
Yes
First
Jul 21, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$241,785
$23,355
8%
91%
$1,472/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,472/mo
$-165/mo
5.9%

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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2137 Hermanson Dr | Property Details | No Agent List