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$399,900

$409,000

2200 Gregory Ln, Waco, TX, 76708

On MarketInfo
Price DropInfo
Beds3 Beds
Baths2 Bath
Baths1,810 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$220.94 / sqft
Year BuiltBuilt in 1956

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher
FlooringCarpet, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters
Lot Size13,504 sqft

Building Information

Year Built1956
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480121000177005
SubdivisionDavis L R
Land UseResidential
Legal DescriptionDAVIS L R ACRES .31
Census Tract003000
Assessed Land Value$34,030
Assessed Improvement Value$259,540
Assessment Year2025

About this property

Thoughtfully updated and full of personality, this 1,810 square foot traditional in Waco offers the kind of indoor-outdoor lifestyle that is difficult to find in an established neighborhood. The open kitchen features granite countertops and a center island flowing into the main living area, anchored by a fireplace and finished with wood floors throughout. The hall bath is a genuine showstopper with an antique standalone tub and chandelier. Outside, the covered patio leads into a pergola, all enclosed by a privacy fence on a spacious corner lot. New concrete surrounds the pool and connects seamlessly to the deck, creating a true backyard retreat. A working greenhouse, separate workshop, and storage shed offer space for every hobby and project. Mature trees provide natural privacy and generous separation from neighbors. No HOA. Minutes from Baylor University, McLennan Community College, Brazos River walking paths, and Waco dining and entertainment.

Investor Tools

$74,011Estimated Mortgage Balance
$330,989Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,430 /month
Positive
Cash Flow Estimate:
$810 /month

Interested in this property?

Jennifer McCaslin

Kelly, Realtors

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$385/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,593
$293,570
2025
$34,030
$259,540
$293,570
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,593
$293,570

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Aspire Bank
Conventional
$80,000
No
First
Jun 21, 2022
Jul 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$74,011
$330,989
81%
18%
$480/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$480/mo
+$850/mo
3.9%

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.

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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2200 Gregory Ln | Property Details | No Agent List