$164,900
$169,900
2321 Alexander Ave, Waco, TX, 76708
On Market
Price Drop
Property Lead Type:
Absentee OwnerHigh EquityCash Buyers
Highlights
Interior
AppliancesElectric Oven, Refrigerator
FlooringLaminate
Exterior
Lot Size8,250 sqft
Building Information
Year Built1948
Stories1
Roof Type105
Garage Spaces2
Land Information
APN480424000009007
Lot Number9
SubdivisionUniversity Hts
Land UseResidential
Legal DescriptionUNIVERSITY HTS LOT 9 BLOCK 1 ACRES .1894
Census Tract001100
Assessed Land Value$16,420
Assessed Improvement Value$69,580
Assessment Year2025
About this property
Freshly updated 2 bed, 1 bath cottage with a covered front porch, mature shade trees, and a dedicated laundry room — a rare find at this size. Wood-look vinyl plank flooring, fresh paint, an updated bath with new tub and tiled surround, and an eat-in kitchen with white cabinetry and subway-tile backsplash. Brand-new stainless refrigerator and electric range both convey. Buyer to verify all information.
Investor Tools
$0Estimated Mortgage Balance
$142,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$989 /month
Positive
Cash Flow Estimate:
$330 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$221/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,940
$86,000
2025
$16,420
$69,580
$86,000
No
Tax History
Year
Tax Paid
Assessed Value
2024
$1,940
$86,000
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$129,000
100%
0%
$0/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
N/A
+$1,010/mo
8.5%
