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$494,900

2200 Nicholas, Waco, TX, 76712

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths2,517 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$196.62 / sqft
Year BuiltBuilt in 2016

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Lot Size9,217 sqft

Building Information

Year Built2016
Stories2
Roof Type105
Garage Spaces2

Land Information

APN362148250005130
Lot Number13
SubdivisionChapel Ridge Addn Ph I
Land UseResidential
Legal DescriptionCHAPEL RIDGE ADDN PH I LOT 13 BLOCK 5 ACRES .2116
Census Tract003711
Assessed Land Value$53,640
Assessed Improvement Value$526,770
Assessment Year2025

About this property

Built in 2016 with only one owner, this beautiful Woodway home is meticulously cared for and move-in ready! With over 2,500 square feet, 4 bedrooms, 3 full bathrooms, and a bonus attic space primed to be finished out, you will not lack for space. The central kitchen is open, modern, and fresh, featuring a large island, stone countertops, stainless steel appliances, and cabinets to the ceiling. The kitchen opens nicely to the cozy central living room featuring the stone fireplace. The vinyl plank throughout with touches of stained cabinetry give the entire home a fresh yet warm feel. The primary bedroom includes an en suite bathroom with a separate shower, tub, and dual vanity. Out back you will find ample green space as well as a larger driveway, perfect for play.

Investor Tools

Property Icon
$580,410
Estimated Property Value
$474,251Estimated Mortgage Balance
$113,095Estimated Equity
18% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,482 /month
Positive
Cash Flow Estimate:
$1,161 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,071/month
$420/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,950
$580,410
2025
$53,640
$526,770
$580,410
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,950
$580,410

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Extraco Banks Na
Fha
$474,251
Yes
First
Jul 10, 2025
Aug 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$467,315
$113,095
19%
81%
$2,844/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,520/mo
$3,264/mo
$-1,744/mo
3.1%

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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