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$563,000

2811 Austin Ave, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,831 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$204.87 / sqft
Year BuiltBuilt in 1922

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Ice Maker, Refrigerator
FlooringTile, Wood

Exterior

Private PoolPrivate Pool
Exterior FeaturesRain Gutters, Garden
Lot Size12,632 sqft

Building Information

Year Built1922
Stories2
Roof Type105
Garage Spaces2

Land Information

APN480278000010007
Lot Number5,B4
SubdivisionMann J W
Land UseResidential
Legal DescriptionMANN J W LOT B4 5 BLOCK 2A ACRES .29
Census Tract000700
Assessed Land Value$61,140
Assessed Improvement Value$470,720
Assessment Year2025

About this property

Welcome home to 2811 Austin Avenue. This property, built in 1922, offers extensive historic charm and has been updated with a modern touch. Located on the highly sought after Austin Avenue, this home draws you in immediately with its grand front elevation and picture-perfect landscaping. Stately and grand, you enter through the two-story elegant entry with period chandelier, gleaming wood floors, and a central hall and staircase. The foyer opens to a generous dining room and expansive living space that reaches from the front of the house to the backyard and showcases French door access flanking the fireplace. From the dining room a butler's pantry connects the kitchen and features built-in cabinetry, ice maker and sink provide serving areas away from the ample kitchen workspaces. Take note of the extra-large range which can easily accommodate family meals while remaining beautiful enough to be an art piece. Another built-in with glass doors and pantry wrap around the space and the window over the sink provides lovely natural light. At the end of the entry hall, connecting the family room and kitchen, is a breakfast area with half bath and a back staircase for a quick escape upstairs. The generous upstairs bedrooms round out the second floor with an oversized primary suite, two walk-in closets, and an updated ensuite. All secondary bedrooms are roomy and bright. As you escape to the poolside oasis in the backyard, relax and enjoy the waterfall that helps create a peaceful experience in your private lounge space! The back garage apartment is the ideal guest-suite for those weekend visitors. This is such a welcoming place to call home - don't miss your chance to live in this fantastic neighborhood in a piece of Waco history!

Investor Tools

Property Icon
$563,000
Estimated Property Value
$397,000Estimated Mortgage Balance
$167,721Estimated Equity
29% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,480 /month
Positive
Cash Flow Estimate:
$1,160 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,026/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,498
$531,860
2025
$61,140
$470,720
$531,860
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,498
$531,860

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$397,000
No
First
Feb 6, 2026
Mar 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$395,279
$167,721
29%
70%
$2,381/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,381/mo
$-1,074/mo
2.8%

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.

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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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