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$292,000

227 Virginia Rd, Waco, TX, 76705

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,516 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.84 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave, Vented Exhaust Fan
FlooringLaminate

Exterior

Exterior FeaturesFire Pit
Lot Size14,850 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN200226000023002
Lot Number6
SubdivisionChalk Bluff
Land UseResidential
Legal DescriptionCHALK BLUFF LOT 6 BLOCK 2 ACRES .3409
Census Tract003402
Assessed Land Value$47,220
Assessed Improvement Value$177,200
Assessment Year2025

About this property

Stunning newly renovated home in Chalk Bluff has just hit the market! This home sits on a double lot that holds so much potential with endless possibilities! What can be done with an additional lot? Workshop, basketball court, baseball diamond, pool, being left as a beautiful natural addition to your land, the list of opportunities goes on!! The curb appeal of this house is full charm with lovely landscaping, wonderful cedar posts that accent the front porch, and a gorgeous cedar front door. New paint throughout, granite countertops in the bathrooms, and a modern updated kitchen are on the list of great upgrades. Top of the line light fixtures and ceiling fans have been installed throughout to top off the renovations in this home. Entering the backyard you are welcomed by large mature trees and new fencing. There is so much room for entertaining and relaxing at your new home!! This show stopper will not last long, so contact us today for your personal showing!!!! Owner is a licensed real estate agent in TX.

Investor Tools

Property Icon
$292,000
Estimated Property Value
$0Estimated Mortgage Balance
$292,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,752 /month
Positive
Cash Flow Estimate:
$584 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,084
$224,420
2025
$47,220
$177,200
$224,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,084
$224,420

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$292,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
5.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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227 Virginia Rd | Property Details | No Agent List