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$295,000

2720 S 2nd Street, Waco, TX, 76706

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,208 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$244.21 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesOther

Exterior

Lot Size43,320 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480210000006002
Lot NumberD4
SubdivisionGurley D R Tr
Land UseResidential
Legal DescriptionGURLEY D R TR LOT D4 B4 BLOCK 1 ACRES .9945
Census Tract000200
Assessed Land Value$106,570
Assessed Improvement Value$88,810
Assessment Year2025

About this property

Some deals just make sense. There is a reason why you see continuous growth and development in the Baylor Bubble - because demand is steady, the market remains underserved, and those who are capitalizing are making impressive returns. Rarely will you find an investment opportunity that provides short, medium, and long term return potential all packaged into one property. 2720 S 2nd Street in Waco is just that - a Baylor-area house and development opportunity not just in the path of growth, but right in the middle of it. Drive the street and surrounding area and you will see the development activity underway. The great thing about this house is that it is tucked away on an acre (.994 ac) with an existing house to provide interim and long-term income alongside multiple investment, development, and exit strategies. So many options - purchase and hold, renovate, rent, flip, develop, or any combination that makes sense for you. The house has 3 bedrooms, 1.5 bath, just over 1,200 square feet and sits on the front corner of the lot. So much potential here, this one is priced to sell and will not last long. Call today for your private tour.

Investor Tools

$0Estimated Mortgage Balance
$282,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,770 /month
Positive
Cash Flow Estimate:
$590 /month

Interested in this property?

Cory Duncan

Haus Realty Group, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$184/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$803
$195,380
2025
$106,570
$88,810
$195,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$803
$195,380

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$282,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
N/A
+$1,330/mo
5.7%

City: Waco

2720 S 2nd Street | Property Details | No Agent List