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B+
NoAgentList RatingHow are grades calculated?Info
Days54Days on Market
Views1view
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$178,900

$179,900

2608 Mcferrin Ave, Waco, TX, 76708

On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,328 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.71 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Must-SellAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater
FlooringLaminate

Exterior

Lot Size8,250 sqft

Building Information

Year Built1951
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480176000052003
Lot Number3
SubdivisionFarwell Hts
Land UseResidential
Legal DescriptionFARWELL HTS LOT 3 BLOCK 17 ACRES .1894
Census Tract000900
Assessed Land Value$16,420
Assessed Improvement Value$173,580
Assessment Year2025

About this property

Property is eligible for 100% FINANCING with local bank-contact for more information! Move-in ready and full of opportunity! Nestled beneath mature shade trees and tucked behind a gated entry, this charming home offers comfortable living in a convenient Waco location zoned to Dean Highland Elementary. Inside, you’ll find spacious living and dining areas, a functional kitchen with abundant cabinet storage, and a blend of beautiful original hardwood floors and low-maintenance laminate flooring that adds warmth and character throughout the home. Recent improvements include a new roof and water heater installed in 2024, providing added peace of mind for the next owner. Enjoy morning coffee on the covered front porch, plenty of parking behind the gated drive, and a private yard shaded by established trees. The detached garage apartment offers excellent potential for future renovation, guest quarters, a home office, workshop, or additional storage. Conveniently located near schools, shopping, dining, Baylor University, and downtown Waco, this property combines charm, functionality, and opportunity in one unique package. Whether you’re looking for a place to call home or an investment opportunity, this property is ready for its next chapter.

Investor Tools

$0Estimated Mortgage Balance
$190,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

Interested in this property?

Natalie Johnson

Camille Johnson

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$494/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,976
$190,000
2025
$16,420
$173,580
$190,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,976
$190,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$192,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
N/A
+$1,010/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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