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$599,000

2324 Paddington Way, Waco, TX, 76655

On MarketInfo
Just AddedInfo
Beds4 Beds
Baths3 Bath
Baths2,654 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.7 / sqft
Year BuiltBuilt in 2000

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Microwave, Refrigerator

Exterior

Lot Size17,080 sqft

Building Information

Year Built2000
Stories1
Roof Type105
Garage Spaces6

Land Information

APN300392000002019
Lot Number1
SubdivisionStonehenge
Land UseResidential
Legal DescriptionSTONEHENGE LOT 1 BLOCK 2 ACRES .3921
Census Tract003708
Assessed Land Value$49,360
Assessed Improvement Value$358,640
Assessment Year2025

About this property

Welcome to 2324 Paddington Way, a beautifully updated 4-bedroom, 3-bathroom home situated on a desirable corner lot with an impressive amount of space both inside and out. Recently remodeled, this home features a versatile floor plan with two primary bedroom options, making it ideal for multigenerational living, guests, or anyone looking for additional privacy and flexibility. Spacious room sizes throughout provide plenty of room for comfortable everyday living, entertaining, and working from home. The property includes an attached 2-car garage, but the real standout is the additional detached 900-square-foot, 2-car garage. Already equipped with plumbing, electrical, and HVAC, this space offers tremendous possibilities for a workshop, home gym, office, studio, additional entertaining space, or future conversion depending on your needs. With its recent updates, generous bedrooms, flexible layout, corner-lot setting, and approximately 900 square feet of additional climate-controlled garage space, 2324 Paddington Way offers a combination of functionality and versatility that is hard to find.

Investor Tools

$204,687Estimated Mortgage Balance
$324,313Estimated Equity
61% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,594 /month
Positive
Cash Flow Estimate:
$1,198 /month

Interested in this property?

Cameron Gomez

Agents Of Texas, LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$782/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,737
$408,000
2025
$49,360
$358,640
$408,000
No

Tax History

Year
Tax Paid
Assessed Value
2025
$6,737
$408,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Texas
Conventional
$225,000
No
First
Nov 4, 2021
Dec 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,687
$324,313
61%
39%
$1,349/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,349/mo
+$271/mo
3.7%

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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