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$459,000

219 S 4th St Apt 505, Waco, TX, 76701

On MarketInfo
Just AddedInfo
Beds1 Beds
Baths1 Bath
Baths813 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$564.58 / sqft
Year BuiltBuilt in 1913

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Dryer, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer
FlooringConcrete

Exterior

Lot Size357 sqft

Building Information

Year Built1913
Stories1
Roof Type183

Land Information

APN480323610042000
SubdivisionBehrens Lofts
Land UseResidential
Legal DescriptionCONDO BEHRENS LOFTS, UNIT 505, 1.01 % INT IN COMMON AREA & PARKING LOT
Census Tract000100
Assessed Land Value$19,650
Assessed Improvement Value$297,280
Assessment Year2025

About this property

Embrace the upscale and exciting lifestyle at Behrens Lofts – downtown Waco's most exclusive condo address. Indulge in the trendsetting food, art, and entertainment destinations surrounding this prime location. This condo is just minutes from Foster Pavilion, Terry Black's Barbecue, many other restaurants, boutiques, Magnolia Silos and Baylor. For Baylor parents and alumni, this is the landing place you’ve been looking for. No more scrambling for hotel rooms or fighting traffic the morning of a game or graduation. You’re steps from the basketball arena, a short stroll to campus, and literally next door to Fabled Bookshop. When you’re not in town, this unit (#505) has proven itself as a high-performing short-term rental (4.98 on Airbnb), so it can quietly help carry its own weight between visits. This isn’t just a condo. It’s the home base that makes coming to Waco feel easy, beautiful, and completely yours. It is worthy of noting that the entire loft was completely rehabbed (every wall, ceiling, industrial beam and duct overhead was painted) and redecorated within the last year, leaving the original warehouse character intact beneath a clean, modern finish. Message a Real Estate Agent today to come see it for yourself.

Investor Tools

Property Icon
$380,000
Estimated Property Value
$0Estimated Mortgage Balance
$380,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,754 /month
Positive
Cash Flow Estimate:
$918 /month

Interested in this property?

Denise Fair

Axio Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$771/month
$199/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,352
$316,930
2025
$19,650
$297,280
$316,930
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,352
$316,930

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$380,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$890/mo
$199/mo
+$691/mo
2.8%

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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219 S 4th St Apt 505 | Property Details | No Agent List