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$220,000

2433 N 42nd Street, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,446 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$152.14 / sqft
Year BuiltBuilt in 1954

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Oven, Gas Cooktop
FlooringCarpet, Ceramic Tile, Hardwood, Laminate

Exterior

Lot Size15,507 sqft

Building Information

Year Built1954
Stories1
Roof Type134
Garage Spaces2

Land Information

APN480388000124000
SubdivisionStephens J M
Land UseResidential
Legal DescriptionSTEPHENS J M ACRES .356
Census Tract002600
Assessed Land Value$21,400
Assessed Improvement Value$166,900
Assessment Year2025

About this property

Adorable 3-bedroom, 2-bath home on an oversized lot with mature trees, a beautiful large yard, and RV parking! This well-maintained home is conveniently located near schools and shopping. The kitchen offers ample storage, generous counter space, a pantry, and an eat-in dining area. Step outside to a large deck, perfect for entertaining. The bedrooms are all nicely sized, providing comfortable living space throughout. Recent updates include laminate flooring in the kitchen, newer tile in the bathrooms, a new vanity in the main bath, and a roof that’s less than 6 years old. The home also features additional insulation for improved energy efficiency.

Investor Tools

Property Icon
$221,000
Estimated Property Value
$0Estimated Mortgage Balance
$221,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,326 /month
Positive
Cash Flow Estimate:
$442 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$268/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,113
$172,589
2025
$21,400
$166,900
$188,300
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,113
$172,589

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$221,000
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
7.1%

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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2433 N 42nd Street | Property Details | No Agent List