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$185,000

2603 Trice Ave, Waco, TX, 76707

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths996 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.74 / sqft
Year BuiltBuilt in 1942

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesDishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
FlooringLaminate

Exterior

Lot Size7,501 sqft

Building Information

Year Built1942
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480122000905002
Lot Number15
SubdivisionDean
Land UseResidential
Legal DescriptionDEAN LOT 15 BLOCK B ACRES 0.1722
Census Tract000900
Assessed Land Value$20,700
Assessed Improvement Value$79,300
Assessment Year2025

About this property

Welcome to 2603 Trice Avenue—where charm, character, and location all come together in the heart of Dean Highland! This remodeled 2-bedroom, 1-bath home is full of personality and perfectly placed just minutes from Cameron Park, the zoo, Magnolia, and your go-to spots like Target and HEB. From the moment you arrive, you’ll fall in love with the neighborhood vibes—think tree-lined, walkable streets and blooming crepe myrtles in the spring. It’s the kind of place where evening strolls just feel right. Step inside and you’re greeted with a bright, welcoming space that blends vintage charm with modern updates. The home has been thoughtfully renovated with new flooring, fresh paint throughout, stainless steel appliances, and even a washer and dryer ready to go. The added laundry mud room is a total bonus, and the original fireplace adds that cozy touch you didn’t know you needed. Natural light pours in, making every room feel warm and inviting—perfect for relaxing mornings or hosting friends. Step outside, your private fenced yard is ready for whatever you dream up—gardening, grilling, or entertaining. Plus, the shed gives you extra storage or the perfect little workshop space. Homes like this don’t come around often—move-in ready, full of character, and in one of Waco’s most loved neighborhoods. This one just feels like home.

Investor Tools

Property Icon
$188,000
Estimated Property Value
$171,475Estimated Mortgage Balance
$29,362Estimated Equity
9% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,128 /month
Positive
Cash Flow Estimate:
$376 /month

Interested in this property?

Joanna Pace

Magnolia Realty

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$212/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,600
$100,000
2025
$20,700
$79,300
$100,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,600
$100,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$171,475
No
First
May 4, 2022
Jun 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$158,638
$29,362
15%
84%
$1,029/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$1,029/mo
$-33/mo
6.4%

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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2603 Trice Ave | Property Details | No Agent List