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$232,310

NAL Estimated Property Value

3117 Reuter Ave, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,414 Sq Ft
price_per_sqft$139.32 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater
FlooringVinyl, Wood

Exterior

Lot Size6,839 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480436000022008
Lot Number5
SubdivisionWenz Hts
Land UseResidential
Legal DescriptionWENZ HTS LOT 5 BLOCK 3 ACRES .157
Census Tract000900
Assessed Land Value$19,770
Assessed Improvement Value$212,540
Assessment Year2025

About this property

This centrally located Waco home is a 3-bedroom, 2-bathroom residence that has been recently renovated and is move-in ready. The renovations have brought a fresh and modern feel to the property, making it an inviting option for its new owners. With three bedrooms, it provides the needed space for a family. The two bathrooms add convenience and functionality to daily living. Detached 1 car garage or storage. Nice large yard to roam. Overall, this renovated Waco home offers a prime location and updated features, making it an ideal choice for those looking for a great place to call home.

Investor Tools

Property Icon
$232,310
Estimated Property Value
$192,741Estimated Mortgage Balance
$39,569Estimated Equity
17% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,394 /month
Positive
Cash Flow Estimate:
$465 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$415/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,819
$232,310
2025
$19,770
$212,540
$232,310
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,819
$232,310

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Mortgage Research Center Llc
Va
$201,235
Yes
First
Jan 2, 2024
Feb 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$192,741
$39,569
17%
83%
$1,207/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,207/mo
+$123/mo
6.9%

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.

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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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3117 Reuter Ave | Property Details | No Agent List