Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Main property image
A
NoAgentList RatingHow are grades calculated? Info
Days284Days on Market
Views1view
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$189,900

3000 Ethel Avenue, Waco, TX, 76707

On MarketInfo
Beds11 Beds
Baths1 Bath
Baths1,140 Sq Ft
DuplexDuplex
Year BuiltBuilt in 1920

Property Lead Type:

Deal ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 11Bedrooms 11
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 5Bathrooms Half 5
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesGas Cooktop, Gas Water Heater
FlooringVinyl

Exterior

Lot Size8,250 sqft

Building Information

Year Built1920
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480226000097006
Lot Number1
SubdivisionHighland
Land UseResidential
Legal DescriptionHIGHLAND LOT 1 BLOCK 8 ACRES .1894
Census Tract000900
Assessed Land Value$21,780
Assessed Improvement Value$88,220
Assessment Year2025

About this property

2 properties for under $190,000. Unique Dual-Home Investment Opportunity in Waco! Exceptional opportunity to own two income-producing homes on one property ID—perfect for investors or multi-generational living. The main residence at 3000 Ethel Ave is a charming single-family home offering inviting living spaces and timeless appeal. The secondary home at 1412 N 30th St is a 1-bedroom, 1-bath garage apartment, ideal for generating rental income, hosting guests, or providing a private in-law suite. Conveniently located near downtown Waco, Baylor University, shopping, and local amenities, this versatile property combines flexibility, steady income potential, and long-term value in one prime package. Live in one, rent the other -build wealth in Waco. New roof installed approximately 2018 Also available as part of a larger investment portfolio – MLS 21191915

Investor Tools

Property Icon
$255,000
Estimated Property Value
$0Estimated Mortgage Balance
$0Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,530 /month
Positive
Cash Flow Estimate:
$510 /month

Interested in this property?

Patricia Meadows

Graceland Real Estate

ContactContact

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$351/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,932
$110,000
2025
$21,780
$88,220
$110,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,932
$110,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Extraco Banks Na
Commercial
$735,000
No
First
Dec 23, 2020
Dec 2025

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$656,967
N/A
0%
258%
$4,407/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$4,407/mo
$-3,411/mo
4.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

3000 Ethel Avenue | Property Details | No Agent List