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A+
NoAgentList RatingHow are grades calculated? Info

$175,926

2924 Cole Ave, Waco, TX, 76707

$203,031 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,392 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$114.94 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Water Heater, Gas Cooktop, Disposal, Cooktop
FlooringHardwood, Tile

Exterior

Lot Size12,197 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces3

Land Information

APN480199000268004
Lot Number7,6B
SubdivisionGinocchio
Land UseResidential
Legal DescriptionGINOCCHIO LOT 6B 7 BLOCK 24 ACRES .28
Census Tract000800
Assessed Land Value$26,590
Assessed Improvement Value$197,830
Assessment Year2025

About this property

This inviting property features 2 comfortable bedrooms and 1 bathroom within a spacious 1,392 square feet. Located on a desirable corner lot that spans over a quarter acre, it includes a dedicated dog run, making it perfect for pet owners. The home is adorned with original hardwood floors, adding charm and warmth to the living space. A versatile bonus room offers an ideal setting for crafting or an office, providing flexibility to suit your lifestyle. The backyard boasts a covered patio, perfect for outdoor gatherings or quiet relaxation. Additional storage needs are easily met with a handy storage shed. Recent renovations include a brand new roof installed just two months ago, ensuring durability and peace of mind. The attached garage not only provides ample storage but also offers plenty of workspace, making this property a fantastic blend of comfort, functionality, and outdoor enjoyment!

Investor Tools

Property Icon
$175,926
Estimated Property Value
$70,000Estimated Mortgage Balance
$120,777Estimated Equity
60% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$203,031
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,056 /month
Positive
Cash Flow Estimate:
$352 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$153/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$951
$175,926
2025
$26,590
$197,830
$224,420
No

Tax History

Year
Tax Paid
Assessed Value
2024
$951
$175,926

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Bbva Compass
Conventional
$70,000
No
First
May 23, 2016
Jun 2046

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$55,149
$120,777
68%
31%
$420/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$787/mo
$420/mo
+$367/mo
5.4%

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.

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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2924 Cole Ave | Property Details | No Agent List