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$287,500

2523 Mckenzie Ave, Waco, TX, 76708

PendingInfo
Beds3 Beds
Baths2 Bath
Baths1,440 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$199.65 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Absentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Dryer, Gas Cooktop, Gas Oven, Gas Water Heater, Refrigerator, Washer
FlooringCeramic Tile, Hardwood, Vinyl

Exterior

Lot Size7,841 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480177000049003
Lot Number1-3
SubdivisionFarwell Hts Annex
Land UseResidential
Legal DescriptionFARWELL HTS ANNEX LOT 1 2 3B BLOCK 7 ACRES .18
Census Tract000900
Assessed Land Value$21,090
Assessed Improvement Value$223,230
Assessment Year2025

About this property

Discover timeless mid-century charm in this fully furnished, beautifully curated stucco residence in the heart of Waco. Thoughtfully styled with elevated designer details, this inviting home showcases curated wallpaper, custom lighting, sophisticated accent colors, and original hardwood floors that gleam throughout the bedrooms and main living area. The chef-inspired kitchen is appointed with granite countertops, a stainless country sink, subway tile backsplash, gas cooktop, luxury tile plank flooring, and a central island ideal for effortless meal preparation or relaxed dining. A full-size utility room adds both function and polish with French doors, washer and dryer connections, a built-in mud area, and generous space for an additional freezer or refrigerator. The spacious primary suite offers room for substantial furnishings, as well as a sitting area or refined office nook, and is complemented by a bright, beautifully finished bath with an Asian-inspired walk-in shower. Two distinctive secondary bedrooms feature built-ins, including a charming desk nook tucked into one closet. Designed for gracious everyday living and easy entertaining, the home extends outdoors to a covered back porch, expansive fenced side yard, and convenient side carport for additional parking. Currently operating as an Airbnb, this exceptional property also presents a compelling opportunity as a private residence or income-producing investment.

Investor Tools

$189,072Estimated Mortgage Balance
$96,617Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,725 /month
Positive
Cash Flow Estimate:
$575 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$571/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,430
$244,320
2025
$21,090
$223,230
$244,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,430
$244,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Broker Solutions Inc
Conventional
$204,000
No
First
Jul 20, 2022
Aug 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$189,072
$62,928
24%
66%
$1,224/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,224/mo
+$106/mo
5.6%

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.

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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