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$636,000

2412 Arroyo Rd, Waco, TX, 76710

Off MarketInfo
Beds4 Beds
Baths5 Bath
Baths3,728 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$142.14 / sqft
Year BuiltBuilt in 1962

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Disposal, Double Oven, Ice Maker, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Tile

Exterior

Exterior FeaturesDog Run
Lot Size1.14 acres

Building Information

Year Built1962
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480270050039008
Lot Number39
SubdivisionLewis Harry F
Land UseResidential
Legal DescriptionLEWIS HARRY F LOT 39 BLOCK A ACRES 1.135
Census Tract002600
Assessed Land Value$58,830
Assessed Improvement Value$394,768
Assessment Year2025

About this property

This mid-century modern is a true gem and is located on one of Waco's finest streets. Home sits on a 1.1-acre lot that slopes down to a gently flowing creek on the back property boundary. The home is surrounded by grand oaks and features a circular driveway, extra workshop, and greenhouse. The split level has the master and adjacent bedroom downstairs, the main living area/kitchen/dining on the main floor, and a lovely family room with 2 bedrooms and bath on the upstairs level. Gorgeous original white terrazzo floor throughout much of the main level, large WBFP and raised beamed ceiling are some special features. Patios off the master and patio/deck off the living area to enjoy the beauty of the park-like backyard. Home is in need of updates but is a truly rare find on an unbelievably beautiful lot.

Investor Tools

Property Icon
$636,000
Estimated Property Value
$500,710Estimated Mortgage Balance
$177,896Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,816 /month
Positive
Cash Flow Estimate:
$1,272 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,065/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,597
$453,598
2025
$58,830
$394,768
$453,598
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,597
$453,598

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Na
Sba Participation Trust Deed
$500,710
No
First
Nov 4, 2021
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$458,104
$177,896
27%
72%
$3,003/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$3,003/mo
$-1,649/mo
2.6%

Learn About the Market: Opportunity in Texas

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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.

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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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2412 Arroyo Rd | Property Details | No Agent List