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$640,000

NAL Estimated Property Value

219 S 4th St Apt 602, Waco, TX, 76701

Off MarketInfo
Beds2 Beds
Baths3 Bath
Baths1,463 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$475.05 / sqft
Year BuiltBuilt in 1913

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
FlooringConcrete

Exterior

Exterior FeaturesOther
Lot Size658 sqft

Building Information

Year Built1913
Stories2
Roof Type183

Land Information

APN480323610049000
SubdivisionBehrens Lofts
Land UseResidential
Legal DescriptionCONDO BEHRENS LOFTS, UNIT 602, 1.86 % INT IN COMMON AREA & PARKING LOT
Census Tract000100
Assessed Land Value$36,180
Assessed Improvement Value$471,800
Assessment Year2025

About this property

Now available is a rare opportunity to own the premier view in Waco. This top-floor Behrens Loft, located in the heart of Historic Downtown Waco, offers an exceptional blend of modern amenities and stunning views. Overlooking Downtown, Baylor University, and The Silos, this elegantly designed space features an expansive wall of windows with remote-controlled blinds, providing abundant natural light and picturesque scenery. The thoughtfully designed layout includes multiple seating areas, ideal for relaxation and enjoying the panoramic views. The kitchen is equipped with sleek stainless steel appliances, composite countertops, ample cabinetry, tile backsplashes, and shelving to meet all your storage needs. The adjacent dining area ensures a seamless entertaining experience. The two upstairs bedrooms are adorned with picture windows flooding the space with natural light and feature walk-in closets and luxurious bathrooms with subway tile and spacious walk-in showers. Daily living is further enhanced by a full-size washer and dryer conveniently tucked away in a dedicated closet and a guest half bath downstairs. Additional benefits include assigned parking and access to an on-site gym for daily workouts. Storage units are also available for rent in the basement. All contents are included, such as furniture, appliances, kitchenware, linens, towels, accessories, and more. Residing in this vibrant downtown location places you just steps away from popular attractions like The Silos, The Dr. Pepper Museum, and The Riverwalk, along with a variety of hotels, shops, and dining options. Baylor University is a short bike ride, shuttle trip, or quick drive away, making this loft an ideal choice for Baylor students and visiting parents. Additionally, it can serve as a short-term rental when not in use by you or your student.

Investor Tools

Property Icon
$640,000
Estimated Property Value
$0Estimated Mortgage Balance
$640,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,170 /month
Positive
Cash Flow Estimate:
$1,390 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,249/month
$367/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,786
$507,980
2025
$36,180
$471,800
$507,980
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,786
$507,980

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$640,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,130/mo
$367/mo
+$763/mo
2.1%

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 602 | Property Details | No Agent List