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$398,000

NAL Estimated Property Value

2804 Mount Carmel Dr, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,379 Sq Ft
price_per_sqft$122.11 / sqft
Year BuiltBuilt in 1973

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater
FlooringCarpet, Tile

Exterior

Lot Size17,324 sqft

Building Information

Year Built1973
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480304010049009
Lot Number2
SubdivisionMountainview Est
Land UseResidential
Legal DescriptionMOUNTAINVIEW EST LOT 2 BLOCK D ACRES .3977
Census Tract002600
Assessed Land Value$41,060
Assessed Improvement Value$328,880
Assessment Year2025

About this property

Waking up in the morning I choose to sit on my back porch and listening to the birds singing and the trees lightly rustling in the breeze is my favorite part of the day. My tall, wide windows and wall of glass outside my vaulted living room allows me the opportunity to unwind by my fireplace every evening. I have made my bedroom into a private oasis with a sliding glass door and private sleep and sitting quarters. But if you want to convert back to a 4th bedroom all you have to do is add the wall and closet. I love my kitchen and laundry area with my quaint built in coffee bar and wine cabinet. Please come tour my home. I hope to sell it to a person that will love it as much as I have. I am only selling to downsize. otherwise I would stay here forever.

Investor Tools

Property Icon
$398,000
Estimated Property Value
$244,553Estimated Mortgage Balance
$153,447Estimated Equity
38% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,388 /month
Positive
Cash Flow Estimate:
$796 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$850/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$8,207
$369,940
2025
$41,060
$328,880
$369,940
No

Tax History

Year
Tax Paid
Assessed Value
2024
$8,207
$369,940

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Affiliated Bank
Conventional
$273,600
No
First
Nov 24, 2020
Dec 2050

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$244,553
$153,447
38%
61%
$1,641/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$1,641/mo
$-287/mo
4.1%

City: Waco

2804 Mount Carmel Dr | Property Details | No Agent List