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B+
NoAgentList RatingHow are grades calculated? Info
Days32Days on Market
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$465,000

$485,000

2807 Washington Ave, Waco, TX, 76710

On MarketInfo
Price DropInfo
Beds2 Beds
Baths2 Bath
Baths2,383 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.13 / sqft
Year BuiltBuilt in 1875

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Cooktop, Refrigerator

Exterior

Lot Size16,501 sqft

Building Information

Year Built1875
Roof Type105

Land Information

APN480364000034000
Lot Number5,B4
SubdivisionRotan
Land UseResidential
Legal DescriptionROTAN LOT B4 5 B6 BLOCK 7 ACRES .3788
Census Tract000700
Assessed Land Value$66,500
Assessed Improvement Value$233,500
Assessment Year2025

About this property

Charming 1875 historic residence on the wide, tree-lined Washington Avenue—beautifully updated and offering an income-producing detached apartment. The main house features 2,368 sq ft with three bedrooms and two full bathrooms on the primary level, plus a flexible fourth bedroom or bonus or game room on the second level with an additional full bath. Period details—original hardwood floors, moldings and soaring coffered ceilings—have been meticulously preserved and complemented by tasteful modern upgrades. The bright, airy living room provides an elegant gathering space; the eat-in kitchen boasts marble countertops, a center island, stainless steel appliances and a gas range. A practical laundry room with drop zone and ample storage is a rare and valuable convenience for a home of this age. The 400 sq ft detached apartment is ideal for rental income, guests or multigenerational living. Minutes from downtown and Baylor, this property presents a unique opportunity to own a thoughtfully restored piece of history!

Investor Tools

Property Icon
$494,000
Estimated Property Value
$124,000Estimated Mortgage Balance
$348,317Estimated Equity
75% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,964 /month
Positive
Cash Flow Estimate:
$988 /month

Interested in this property?

Anna Reed

Camille Johnson

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$646/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,283
$300,000
2025
$66,500
$233,500
$300,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,283
$300,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Tx
Unknown
$124,000
No
First
Nov 29, 2017
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$145,683
$348,317
70%
29%
$1,044/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$1,044/mo
$-48/mo
2.4%

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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2807 Washington Ave | Property Details | No Agent List