$359,000
NAL Estimated Property Value280 B B Burt, Waco, TX, 76708
Off Market
Property Lead Type:
Absentee OwnerHigh EquityMove-In Ready
Highlights
Interior
AppliancesDishwasher, Disposal, Electric Range, Electric Water Heater, Microwave
FlooringTile, Vinyl
Exterior
Exterior FeaturesRain Gutters
Lot Size20,909 sqft
Building Information
Year Built1985
Stories1
Roof Type105
Garage Spaces2
Land Information
APN182151210001000
Lot Number1
SubdivisionCherokee Pass
Land UseResidential
Legal DescriptionCHEROKEE PASS LOT 1 BLOCK 1 ACRES 0.48
Census Tract004104
Assessed Land Value$14,980
Assessed Improvement Value$247,520
Assessment Year2025
About this property
Quiet, country-inspired living with easy access to city conveniences. This great 4 bedroom home was completely remodeled in 2023, including energy efficient windows, and features a huge backyard perfect for gatherings, play, and outdoor hobbies. Located in the highly sought-after China Spring ISD, you’ll enjoy excellent schools and a welcoming neighborhood ambiance. Mature trees and a private, relaxing exterior atmosphere, with a very large covered patio ideal for barbecues and outdoor gatherings. Don't miss out on this opportunity. Photos coming soon.
Investor Tools
$359,000
Estimated Property Value
$118,929Estimated Mortgage Balance
$240,071Estimated Equity
66% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,175 /month
Positive
Cash Flow Estimate:
$725 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$456/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,681
$262,500
2025
$14,980
$247,520
$262,500
No
Tax History
Year
Tax Paid
Assessed Value
2024
$3,681
$262,500
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Conventional
$125,000
No
First
Sep 12, 2023
Oct 2053
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$118,929
$240,071
66%
33%
$750/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$750/mo
+$580/mo
4.4%
