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$205,000

2524 Mcferrin Ave, Waco, TX, 76708

$206,874 ARVInfo
On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,568 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.74 / sqft
Year BuiltBuilt in 1920

Property Lead Type:

BankruptcyMust-SellAbsentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Electric Oven, Microwave

Exterior

Lot Size8,250 sqft

Building Information

Year Built1920
Stories1
Roof Type105

Land Information

APN480176000069002
Lot Number6
SubdivisionFarwell Hts
Land UseResidential
Legal DescriptionFARWELL HTS LOT 6 BLOCK 18 ACRES .1894
Census Tract000900
Assessed Land Value$16,420
Assessed Improvement Value$129,200
Assessment Year2025

About this property

Fully Remodeled 3-Bed, 2-Bath Home in Central Waco! Welcome to 2524 McFerrin Ave, a beautifully updated home offering modern finishes, functional living, and unbeatable convenience. This move-in ready property features a bright, open floor plan with new flooring, fresh paint, and stylish fixtures throughout. The kitchen has been completely renovated with sleek cabinetry, stainless-steel appliances, and contemporary countertops. Both bathrooms have been tastefully remodeled with modern tile and updated vanities. The spacious primary suite offers a private retreat, while two secondary bedrooms provide flexibility for family, guests, or an office. Enjoy a large backyard perfect for gatherings, pets, or a garden setup. Located just minutes from Downtown Waco, Baylor University, Magnolia Market, and popular dining and shopping spots, this home combines modern comfort with everyday convenience. Easy access to I-35, Cameron Park, and the Waco Regional Airport makes commuting or exploring the city effortless. Whether you’re a first-time buyer or looking for a turnkey investment, this fully remodeled home is a must-see!

Investor Tools

$200,655Estimated Mortgage Balance
$184,000Estimated Equity
0% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$206,873
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

Interested in this property?

Catt Longoria

Bramlett Partners

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$285/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,504
$145,620
2025
$16,420
$129,200
$145,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,504
$145,620

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Groundfloor Credit 1 Llc
Commercial
$202,120
No
First
Dec 9, 2025
Jun 2026

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,655
N/A
0%
109%
$1,212/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,212/mo
+$118/mo
8.7%

City: Waco

2524 Mcferrin Ave | Property Details | No Agent List