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B+
NoAgentList RatingHow are grades calculated? Info

$206,000

2700 Ethel Ave, Waco, TX, 76707

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,518 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$164.03 / sqft
Year BuiltBuilt in 1924

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Range, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesStorage
Lot Size8,250 sqft

Building Information

Year Built1924
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480340000620003
Lot Number1
SubdivisionProvident
Land UseResidential
Legal DescriptionPROVIDENT LOT 1 BLOCK 50 ACRES .1894
Census Tract000900
Assessed Land Value$21,780
Assessed Improvement Value$151,612
Assessment Year2025

About this property

Charming 1924 Corner-Lot Home with Original Character and Modern Comforts Step into timeless charm with this 1924 home, perfectly situated on a corner lot. Rich in original character, this home features hardwood floors, vintage shiplap walls in select rooms, and a brick fireplace flanked by glass-front built-ins—offering both warmth and classic elegance. French doors lead from the inviting living room into the dining area, creating a sense of openness while preserving the home’s historic charm. The kitchen has been updated with leathered granite countertops, a crisp subway tile backsplash, and modern conveniences, while still blending seamlessly with the home's character. The refrigerator, washer, and dryer will all convey with the sale, making this home truly move-in ready. Enjoy morning coffee or evening breezes from the cozy front porch, complete with a charming porch swing. One of the bedrooms offers access to a private side porch—perfect for a quiet retreat. The primary suite features its own private bath and direct access to the fenced backyard, where you'll find mature shade trees and a relaxing swim spa that also conveys with the home. Two additional bedrooms share a full guest bath, making this home both functional and flexible. With its blend of historic features, thoughtful updates and natural light, this is a rare opportunity to own a piece of the past with the comforts of today.

Investor Tools

Property Icon
$206,000
Estimated Property Value
$192,000Estimated Mortgage Balance
$28,698Estimated Equity
7% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,494 /month
Positive
Cash Flow Estimate:
$498 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$459/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,473
$173,392
2025
$21,780
$151,612
$173,392
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,473
$173,392

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Us Bank Na
Conventional
$192,000
No
First
Apr 29, 2022
May 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,302
$28,698
13%
86%
$1,152/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,152/mo
+$155/mo
7.6%

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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2700 Ethel Ave | Property Details | No Agent List