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$360,000

2215 Morrow Ave, Waco, TX, 76707

On MarketInfo
Beds5 Beds
Baths3 Bath
Baths2,840 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$126.76 / sqft
Year BuiltBuilt in 1912

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Bathrooms Half 1Bathrooms Half 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Microwave, Double Oven
FlooringTile, Wood

Exterior

Exterior FeaturesBalcony
Lot Size8,581 sqft

Building Information

Year Built1912
Stories2
Roof Type105
Garage Spaces1

Land Information

APN480438000248000
Lot NumberA10
SubdivisionWest End
Land UseResidential
Legal DescriptionWEST END LOT A10 B11 BLOCK W ACRES .197
Census Tract000700
Assessed Land Value$25,310
Assessed Improvement Value$94,020
Assessment Year2025

About this property

Discover this Charming 1912 Craftsman-style home located in the heart of Waco, TX. With updated landscaping, the entrance invites you to have a seat on this beautiful oversized front porch. Featuring 4 bedrooms, 2 bathrooms, and at 2,456 sq ft, this home showcases original hardwood floors, exposed wood beams, a cozy fireplace and abundant natural lighting throughout. The interior of the home has plenty of natural wood characteristics with a modern charm that you will instantly fall in love with. The main level offers a spacious primary suite with its own bathroom, a formal dining, and a large kitchen ideal for entertaining. Upstairs includes three bedrooms, a flex space that can be used as an office, and access to an oversized balcony. The fenced backyard features ample parking and a BONUS detached 1-bedroom, 1-bath guest house! Conveniently located just minutes from downtown Waco, Baylor University, Magnolia Silos and Cameron Park—this is a one-of-a-kind historic home that you don’t want to miss out on! Schedule a showing today!

Investor Tools

Property Icon
$361,000
Estimated Property Value
$50,800Estimated Mortgage Balance
$330,250Estimated Equity
86% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,166 /month
Positive
Cash Flow Estimate:
$722 /month

Interested in this property?

Joanna Pace

Magnolia Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,409
$119,330
2025
$25,310
$94,020
$119,330
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,409
$119,330

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Washington Mutual Bank
Stand Alone First / Home Equity First Lien
$50,800
No
First
Sep 29, 2006
Oct 2036

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$30,750
$330,250
91%
9%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
N/A
+$1,354/mo
4.5%

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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2215 Morrow Ave | Property Details | No Agent List