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$203,000

NAL Estimated Property Value

2701 Mckenzie Ave, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,292 Sq Ft
price_per_sqft$158.67 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal

Exterior

Lot Size5,445 sqft

Building Information

Year Built1948
Stories1
Roof Type105

Land Information

APN480177000040006
Lot Number5,6
SubdivisionFarwell Hts Annex
Land UseResidential
Legal DescriptionFARWELL HTS ANNEX LOT 5 6 BLOCK 5 ACRES .125
Census Tract000900
Assessed Land Value$16,880
Assessed Improvement Value$127,310
Assessment Year2025

About this property

This fully refreshed 3-bedroom, 2-bath home blends modern style with worry-free living. Nearly every inch has been updated-including new flooring, interior doors, hardware, HVAC, plumbing, electrical, insulation, paint, windows, and more. The kitchen shines with updated cabinetry, new granite countertops, and stylish tile work, while both bathrooms feature fresh finishes and contemporary design. Thoughtfully planned for comfort and privacy, the home offers isolated bedroom, including and ensuite retreat. Outside, the property boasts new Hardie plank siding, a newer roof, and solar panels for energy efficiency and long-term savings. Sitting on an easy to maintain corner lot, this home provides low maintenance living without compromising style or quality. A rare find with this level of renovation-move-in-ready and built to impress.

Investor Tools

Property Icon
$203,000
Estimated Property Value
$200,705Estimated Mortgage Balance
$2,295Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,230 /month
Positive
Cash Flow Estimate:
$410 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$117/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$392
$108,147
2025
$16,880
$127,310
$144,190
Yes (2018)

Tax History

Year
Tax Paid
Assessed Value
2024
$392
$108,147

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Union Home Mortgage Corp
Fha
$201,286
Yes
First
Mar 31, 2026
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,705
$4,295
2%
99%
$1,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
$1,207/mo
$-197/mo
6.0%

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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