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$275,000

3108 S 3rd Street, Waco, TX, 76706

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,254 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$219.3 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

High EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater
FlooringCarpet, Laminate

Exterior

Lot Size10,019 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480210000002032
Lot NumberE3
SubdivisionGurley D R Tr
Land UseResidential
Legal DescriptionGURLEY D R TR LOT E3 BLOCK 1 ACRES .23
Census Tract000200
Assessed Land Value$45,090
Assessed Improvement Value$155,490
Assessment Year2025

About this property

Charming move-in ready home just steps from Baylor University. From the moment you step onto the welcoming front porch, you will feel right at home. Inside you will discover an open and spacious living and dining area filled with natural light and versatility. The beautifully updated kitchen is a standout, faeturing sleek stainless appliances, stylish glass front cabinets, and decorative open shelving. Outside, you can relax on the open patio overlooking your large, private backayrd--best of all, there are no neighbors behind you offering incredible privacy and sapce to unwind and entertain. This home has all the upgraded systems: roof less than one year old, ac replaced in August '25 and electrical wiring updated in August of '25. With tons of parking, fantastic potential and prime location near BU, this home truly offers it all for the student, young professional or investor! She’d to convey with property.

Investor Tools

Property Icon
$281,000
Estimated Property Value
$0Estimated Mortgage Balance
$84,942Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,686 /month
Positive
Cash Flow Estimate:
$562 /month

Interested in this property?

Shannon Mulroy

BHHS Premier Properties

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$367/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,999
$200,580
2025
$45,090
$155,490
$200,580
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,999
$200,580

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guild Mortgage Co
Conventional
$208,550
No
First
Feb 16, 2023
Mar 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$196,058
$84,942
30%
70%
$1,251/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,251/mo
+$119/mo
5.9%

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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