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$376,000

NAL Estimated Property Value

2811 Washington Ave, Waco, TX, 76710

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,504 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$252.26 / sqft
Year BuiltBuilt in 1902

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesRefrigerator, Built-In Refrigerator, Dishwasher, Gas Range

Exterior

Lot Size12,371 sqft

Building Information

Year Built1902
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480364000033003
Lot Number3
SubdivisionRotan
Land UseResidential
Legal DescriptionROTAN LOT 3 A4 BLOCK 7 ACRES .284
Census Tract000700
Assessed Land Value$60,620
Assessed Improvement Value$114,380
Assessment Year2025

About this property

This authentic Texas farmhouse, built in 1902, beautifully blends early 20th-century character with thoughtful modern updates. Ideally situated in one of Waco’s most coveted pockets between Castle Heights and downtown, this 2-bedroom, 2-bath home offers 1,504 square feet plus a versatile sunroom or office. Original charm shines throughout with pine siding, heart pine floors, soaring 11-foot ceilings, and oversized double-hung windows that flood the home with natural light. A standout feature is the expanded primary suite, enhanced in 2022 with a spacious en-suite bath featuring dual vanities, bringing both comfort and functionality to the home’s timeless design. Major system updates completed in 2017 include a new roof, electrical rewire, updated plumbing, and a Lennox HVAC system. Antique Groesbeck red brick accents frame the pier-and-beam foundation and welcome you along the front walkway. The kitchen is both stylish and functional, featuring custom cabinetry, quartzite countertops, a Wolf gas range, and huge built-in Frigidaire refrigerator-freezer. Out back, a generous deck just off the sunroom creates the perfect setting for entertaining or relaxing evenings under the trees. Large back yard with ample room to add a garage accessible via driveway and-or alley. A rare opportunity to own a piece of Waco history—updated for modern living.

Investor Tools

Property Icon
$376,000
Estimated Property Value
$177,364Estimated Mortgage Balance
$199,792Estimated Equity
49% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,276 /month
Positive
Cash Flow Estimate:
$759 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,948
$175,000
2025
$60,620
$114,380
$175,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,948
$175,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$204,300
No
First
Sep 12, 2019
Oct 2049

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$177,364
$170,636
49%
47%
$1,225/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$1,225/mo
$-229/mo
3.2%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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2811 Washington Ave | Property Details | No Agent List