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$243,000

2824 Edmond Ave, Waco, TX, 76707

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,511 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$165.39 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Tankless Water Heater, Disposal, Microwave, Vented Exhaust Fan
FlooringCarpet, Tile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size5,249 sqft

Building Information

Year Built1925
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480199000255000
Lot Number7
SubdivisionGinocchio
Land UseResidential
Legal DescriptionGINOCCHIO LOT 7 BLOCK 22 ACRES .1205
Census Tract000800
Assessed Land Value$16,430
Assessed Improvement Value$218,180
Assessment Year2025

About this property

Nestled on a corner lot, this enchanting three-bedroom, two-bath home beautifully marries original charm with modern elegance, less than 10 minutes from downtown Waco, Magnolia Market, and Baylor University. Step inside to discover a realm where stunning crown moldings in the main living areas and tall baseboards throughout frame each room with grace, highlighted by the original refinished wood floors that whisper tales of yesteryear. Each doorway and window is accentuated with wide moldings, adding a touch of grandeur to the warm and inviting atmosphere created by tasteful paint colors. The heart of this home, the kitchen, is a masterpiece of functionality and style. Modern upgrades include sleek granite countertops, new cabinet hardware, a dishwasher, and an above-cabinet light box that casts a cozy glow over all your culinary adventures. The adjoining dining area, with its elegant crown molding, provides a perfect backdrop for memorable family meals. Outside, the quaint front porch, complete with a classic white railing, invites you to unwind with a book or greet neighbors from the comfort of a rocking chair. The private backyard is an oasis designed for relaxation and entertainment, featuring a new privacy fence, a spacious shed, a charming area for dining outdoors, and a separate area setup for a cozy fire pit that is perfect for chilly evenings. Functionality meets charm with practical upgrades throughout the home, including a new roof installed in 2018, a high-efficiency air conditioner/heat pump (2020), all-new windows (2019), a tankless water heater (2018), and updated sewer and water lines (2018), ensuring this home is truly move-in ready. Relax in the luxury of the tastefully updated bathrooms, each boasting floor-to-ceiling walk-in tiled showers, modern fixtures, and clean lines. A separate laundry room and additional bathroom sit on a slab foundation, providing stability and ease of maintenance, while the rest of the home enjoys the class

Investor Tools

Property Icon
$243,000
Estimated Property Value
$0Estimated Mortgage Balance
$243,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,499 /month
Positive
Cash Flow Estimate:
$500 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$493/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,705
$234,610
2025
$16,430
$218,180
$234,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,705
$234,610

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$243,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
6.5%

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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2824 Edmond Ave | Property Details | No Agent List