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$416,000

NAL Estimated Property Value

3201 Carroll Dr, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,950 Sq Ft
price_per_sqft$225.59 / sqft
Year BuiltBuilt in 1965

Property Lead Type:

Absentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal
FlooringVinyl

Exterior

Lot Size15,446 sqft

Building Information

Year Built1965
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480067010026005
Lot Number6
SubdivisionCameron Park
Land UseResidential
Legal DescriptionCAMERON PARK LOT 6 BLOCK C ACRES .3546
Census Tract001300
Assessed Land Value$55,460
Assessed Improvement Value$255,920
Assessment Year2025

About this property

Welcome to one of Waco’s most charming enclaves - Cameron Park - where towering trees, winding roads, and unbeatable proximity to Downtown Waco, Baylor University, and the Brazos River create a lifestyle like no other. This fully renovated three-bedroom, two-bathroom home has been thoughtfully updated from top to bottom. Inside, you’ll find a bright, open living space featuring vaulted ceilings, a cozy brick wood-burning fireplace, and a designated dining area crowned with a stylish light fixture. The spacious kitchen anchors the heart of the home with a large center island, endless storage, and beautiful finishes throughout. Both bathrooms have been completely remodeled, and the entire home enjoys fresh paint, new flooring, a recently replaced roof, and a new HVAC system for year-round comfort. Just off the garage, the utility room offers built-in cabinetry, a convenient hanging station, and a dedicated folding area - adding function to everyday living. The two-car rear-entry garage is a pleasant surprise with its own utility sink, pegboard, and generous storage space. Outdoors, mature trees and thoughtful landscaping frame the front yard, enhanced by a full sprinkler system for easy maintenance. And the real bonus? A 1,500 sq. ft. metal and insulated building - shop, built in 2023 and tucked neatly into the backyard. This incredible space features a half bath, an office area with split-unit AC, and limitless potential - whether you need a workshop, a creative studio, a hobby hub, or additional storage. Located just minutes from trails, coffee shops, the Brazos River, and the Baylor campus, this home offers a rare blend of comfort, convenience, and creative possibility.

Investor Tools

Property Icon
$416,000
Estimated Property Value
$378,809Estimated Mortgage Balance
$37,191Estimated Equity
5% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,639 /month
Positive
Cash Flow Estimate:
$880 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$734/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$6,725
$311,380
2025
$55,460
$255,920
$311,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
$6,725
$311,380

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ark-La-Tex Financial Services Llc
Unknown
$379,905
No
First
Mar 20, 2026
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$378,809
$21,191
5%
91%
$2,278/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$2,278/mo
$-948/mo
3.8%

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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3201 Carroll Dr | Property Details | No Agent List