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$259,000

NAL Estimated Property Value

2932 Palomino Trl, Waco, TX, 76706

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,412 Sq Ft
price_per_sqft$189.8 / sqft
Year BuiltBuilt in 2003

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Electric Water Heater, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesFire Pit, Rain Gutters
Lot Size6,830 sqft

Building Information

Year Built2003
Stories1
Roof Type105
Garage Spaces2

Land Information

APN360830010001200
Lot Number20
SubdivisionSurrey Ridge Ph Ii
Land UseResidential
Legal DescriptionSURREY RIDGE PH II LOT 20 BLOCK 1 ACRES .1568
Census Tract003703
Assessed Land Value$24,530
Assessed Improvement Value$230,590
Assessment Year2025

About this property

Cute and move-in ready 3-bed, 2-bath with attached 2-car garage in Midway ISD with a brand new roof! With no back neighbors, enjoy beautiful sunrises and cooler afternoons in your east-facing backyard with views of nothing but open fields and nature! Many updates throughout this well-kept home including flooring and countertops. Wood-burning fireplace in the living room along with a fireplace in the primary bedroom. Isolated primary with large en suite bathroom. Lots of natural light throughout the home and a great hosting backyard with covered back patio, large deck and firepit. Welcome home, y'all.

Investor Tools

Property Icon
$259,000
Estimated Property Value
$251,936Estimated Mortgage Balance
$7,064Estimated Equity
2% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,608 /month
Positive
Cash Flow Estimate:
$536 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$395/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,444
$255,120
2025
$24,530
$230,590
$255,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,444
$255,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Fha
$255,290
Yes
First
Aug 29, 2025
Sep 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,936
$7,064
2%
97%
$1,531/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,531/mo
$-201/mo
6.2%

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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2932 Palomino Trl | Property Details | No Agent List