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$141,000

NAL Estimated Property Value

2612 Grim Ave, Waco, TX, 76707

$143,931 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,120 Sq Ft
price_per_sqft$107.14 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Vented Exhaust Fan
FlooringLaminate, Tile, Vinyl

Exterior

Exterior FeaturesOther
Lot Size8,250 sqft

Building Information

Year Built1930
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480438000072000
Lot Number4
SubdivisionWest End
Land UseResidential
Legal DescriptionWEST END LOT 4 BLOCK I ACRES .1894
Census Tract000800
Assessed Land Value$24,590
Assessed Improvement Value$85,410
Assessment Year2025

About this property

This Charming 2 bedroom, 1 bath home nestled in the dynamic city of Waco, TX. It provides a open living / dinning concept along with a fireplace. Kitchen has plenty of cabinets and also has central heat and air. Perfect for a 1st time home buyer or an investor to add to their portfolio.

Investor Tools

Property Icon
$141,000
Estimated Property Value
$97,485Estimated Mortgage Balance
$43,515Estimated Equity
30% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$143,930
Rent-to-Value Ratio: 0.72%
Rent Estimate
$846 /month
Positive
Cash Flow Estimate:
$282 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$319/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,120
$110,000
2025
$24,590
$85,410
$110,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,120
$110,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Community Bank & Trust
Commercial
$100,000
No
First
Dec 23, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$97,485
$43,515
30%
69%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$600/mo
+$707/mo
11.1%

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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2612 Grim Ave | Property Details | No Agent List