Last 24 Hours
$300,000
NAL Estimated Property Value2223 Mckenzie Ave, Waco, TX, 76708
Off Market
6 Beds
2 Bath
1,988 Sq Ft
Built in 2021Highlights
Interior
Bedrooms 6
Bathrooms Full 2
Heating
CoolingExterior
Lot Size8,250 sqft
Building Information
Year Built2021
Stories2
Roof Type105
Land Information
APN480176000460006
Lot Number9
SubdivisionFarwell Hts
Land UseResidential
Legal DescriptionFARWELL HTS LOT 9 BLOCK 50 ACRES .1894
Census Tract001100
Assessed Land Value$16,420
Assessed Improvement Value$283,580
Assessment Year2025
About this property
Come take a look at this nice open lot in the heart of Waco! This .19 acre is zoned R-2 and could be used as an independent home site, or for a duplex. The land has been recently cleared and measures 50 feet by 165 feet. With lots of shade cover from mature perimeter trees, a convenient location, and just minutes from the downtown, this is a great spot for a new build.
Investor Tools
$300,000
Estimated Property Value
$133,424Estimated Mortgage Balance
$166,576Estimated Equity
55% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,800 /month
Positive
Cash Flow Estimate:
$600 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$678/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,632
$300,000
2025
$16,420
$283,580
$300,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$6,632
$300,000
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Alliance Bank Central Texas
Open End Mortgage / Open End With Future Advance Clause
$140,000
No
First
Oct 23, 2023
Oct 2026
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$133,424
$166,576
55%
44%
$840/mo
12.4%