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$328,000

2201 Morrow Avenue, Waco, TX, 76707

$359,077 ARVInfo
Off MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,914 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$154.39 / sqft
Year BuiltBuilt in 1915

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesElectric Cooktop, Double Oven

Exterior

Lot Size8,250 sqft

Building Information

Year Built1915
Stories2
Roof Type105

Land Information

APN480438000251000
Lot Number14
SubdivisionWest End
Land UseResidential
Legal DescriptionWEST END LOT 14 BLOCK W ACRES .1894
Census Tract000700
Assessed Land Value$24,590
Assessed Improvement Value$150,410
Assessment Year2025

About this property

WELCOME to the space, style, and upgrades you’ve been searching for! This stunningly remodeled 5 bedroom, 2.5 bath home sits proudly on a spacious corner lot in Waco, TX and is packed with room to spread out, entertain, and truly feel at home. From the moment you walk in, you’ll love the soaring ceilings, oversized windows, and bright, airy feel throughout the thoughtfully designed floor plan. The Chef’s Kitchen is absolutely the HEART of the home — featuring gorgeous quartz countertops, tons of cabinetry, pull-out pantry drawers, double ovens, cooktop, dishwasher, and even a dedicated coffee bar area ready for your morning routine. The downstairs Primary Suite offers the perfect private retreat with a large walk-in closet and a spa-inspired En Suite complete with an oversized walk-in shower, stylish vanity, and LED mirror. Upstairs, there’s room for everyone with FOUR generously sized guest bedrooms, a beautifully updated guest bath with dual sinks and anti-fog LED mirror, plus an oversized laundry room with extra convenience built right in. Whether you need space for a large household, hobbies, guests, or entertaining — this home delivers it ALL! BONUS: Ask about the Rent-To-Own option! Move in could be possible with as little as $15K down! Schedule your showing today and come experience this incredible Waco home in person!

Investor Tools

Property Icon
$328,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$359,077
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,699 /month
Positive
Cash Flow Estimate:
$900 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$314/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,131
$117,350
2025
$24,590
$150,410
$175,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,131
$117,350

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First State Bank
Credit Line (Revolving) / Heloc
$525,000
No
First
Apr 15, 2021
Dec 2021

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$473,926
N/A
0%
144%
$3,148/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$3,148/mo
$-1,794/mo
5.0%

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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2201 Morrow Avenue | Property Details | No Agent List