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$169,000

NAL Estimated Property Value

2209 Lee St, Waco, TX, 76711

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,050 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$161.81 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Range

Exterior

Lot Size8,220 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480406010166006
Lot Number34
SubdivisionTerrace Park
Land UseResidential
Legal DescriptionTERRACE PARK LOT 34 BLOCK 10 ACRES .1887
Census Tract004300
Assessed Land Value$21,290
Assessed Improvement Value$113,770
Assessment Year2025

About this property

NEW ROOF just installed! Located in South Waco with quick access to I-35, this three-bedroom, two-bath home offers a generous living area with wood-look laminate flooring and a built-in desk topped with granite. The semi-open layout flows into the kitchen and dining area, making it easy to entertain or keep an eye on things while cooking. A utility space just off the kitchen includes washer and dryer hookups and extra storage. The primary bedroom features laminate flooring, a bay window, and its own private bathroom. Two additional bedrooms and a second full bath with updated tile complete the interior. Outside, enjoy a spacious backyard with a patio and a two-car carport for covered parking.

Investor Tools

Property Icon
$169,000
Estimated Property Value
$169,016Estimated Mortgage Balance
$0Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,019 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$329/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,108
$135,060
2025
$21,290
$113,770
$135,060
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,108
$135,060

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Neighborhood Housing Services Of Waco In
Unknown
$170,000
No
First
Jan 20, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$169,016
N/A
0%
100%
$1,020/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$1,020/mo
+$540/mo
11.1%

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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2209 Lee St | Property Details | No Agent List