Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$324,000

NAL Estimated Property Value

2616 Macarthur Dr, Waco, TX, 76708

$384,778 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths2,444 Sq Ft
price_per_sqft$132.94 / sqft
Year BuiltBuilt in 1941

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesVented Exhaust Fan, Electric Water Heater
FlooringCarpet, Vinyl

Exterior

Exterior FeaturesStorage, Garden
Lot Size22,216 sqft

Building Information

Year Built1941
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480379000031007
Lot Number1D
SubdivisionSligh S J Tr
Land UseResidential
Legal DescriptionSLIGH S J TR LOT 1D BLOCK 3 ACRES 0.51
Census Tract002800
Assessed Land Value$27,990
Assessed Improvement Value$296,010
Assessment Year2025

About this property

This spacious 4-bedroom, 2-bath home is ideally located on MacArthur Drive and priced well below the county appraisal. With nearly 2,500 sq. ft. of living space, including a large 500 sq. ft. bonus room, this property provides ample room for comfort and flexibility. Recent updates in 2023 include fully permitted electrical work, insulation, plumbing fixtures, HVAC units, and new ductwork, ensuring a fresh, efficient system throughout. The home sits on nearly half an acre, featuring an expansive backyard oasis. Fully fenced and shaded by mature trees, it offers a tranquil retreat in the heart of the city. The front yard also provides a unique combination of privacy with a wooden fence and additional space perfect for entertaining. Inside, you'll find two wood-burning fireplaces with elegant marble details, modern spray foam insulation for energy efficiency, and a versatile bonus room upstairs that could easily be transformed into a fifth bedroom, playroom, or office. The remodeled kitchen includes updated cabinets with soft-close doors, granite countertops, a gas stove, and a convenient lazy Susan. The master bedroom boasts two walk-in closets, large windows, and an exterior door for easy access to the serene backyard, along with a nearby bathroom featuring double sinks.

Investor Tools

Property Icon
$324,000
Estimated Property Value
$288,787Estimated Mortgage Balance
$35,213Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$384,778
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,949 /month
Positive
Cash Flow Estimate:
$650 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$866/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,775
$324,000
2025
$27,990
$296,010
$324,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,775
$324,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Churchill Mortgage Corp
Fha
$296,703
Yes
First
Nov 22, 2024
Dec 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$288,787
$35,213
10%
89%
$1,779/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,779/mo
$-449/mo
4.9%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

2616 Macarthur Dr | Property Details | No Agent List