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$369,900

2300 Mount Carmel Dr, Waco, TX, 76710

$460,562 ARVInfo
On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths3,145 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$117.62 / sqft
Year BuiltBuilt in 1957

Property Lead Type:

BankruptcyPre-ForeclosureMust-SellAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Gas Water Heater, Refrigerator
FlooringCarpet, Concrete, Laminate, Tile, Vinyl

Exterior

Lot Size16,557 sqft

Building Information

Year Built1957
Stories2
Roof Type105
Garage Spaces4

Land Information

APN480266030306005
Lot Number6
SubdivisionLake Shore Hills
Land UseResidential
Legal DescriptionLAKE SHORE HILLS LOT 6 BLOCK 19 ACRES .3801
Census Tract002600
Assessed Land Value$29,310
Assessed Improvement Value$313,400
Assessment Year2025

About this property

Situated on a corner lot in the heart of Waco, this home blends custom design, modern updates, and an unbeatable location. Just minutes from Lake Waco and within walking distance of Mountainview Elementary, Mountainview Park and Splash Pad, and Vanguard College Preparatory School, convenience and charm come together perfectly. This fully remodeled home is filled with thoughtful details and unique design elements that create warmth and character throughout. Step inside to discover a custom board-and-batten accent wall that frames a formal living room with views of the front yard. The open-concept layout seamlessly connects the living, dining, and kitchen spaces. The bright second living is flooded with natural light from skylights equipped with functional shades, an electric fireplace and tile floors. The beautifully updated kitchen features white cabinetry, subway tile backsplash, designer lighting, and hardware that elevates the space. Throughout the home, you’ll find distinctive touches including contrasting trim and wall colors, custom barn doors, floating shelves, shiplap accents, a painted brick feature wall and a built-in bookshelf. The private primary suite is highlighted by a stunning hand-stenciled accent wall, a freestanding soaking tub and walk-in tiled shower. On the opposite side of the home, painted concrete floors in soft paint colors create a relaxing setting for an additional bedroom, along with a versatile study or hobby room featuring another custom stenciled wall design. Upstairs, a flexible bonus space with built-ins and guest bathroom offers endless possibilities as a guest room, media room, playroom, or additional living area. Every corner of this home has been thoughtfully designed to maximize both functionality and style. If you’re looking for a home with personality, character, and exceptional craftsmanship in a prime Waco location, this gem is a must see. MOTIVATED SELLER! $369900

Investor Tools

$329,513Estimated Mortgage Balance
$104,487Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$460,561
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,604 /month
Positive
Cash Flow Estimate:
$868 /month

Interested in this property?

Trish Griffin

Kelly, Realtors

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$822/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,699
$342,710
2025
$29,310
$313,400
$342,710
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,699
$342,710

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Conventional
$349,900
No
First
Apr 27, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$329,513
$104,487
24%
76%
$2,098/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,098/mo
$-791/mo
3.6%

City: Waco

2300 Mount Carmel Dr | Property Details | No Agent List