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$297,600

NAL Estimated Property Value

3205 Cole Ave, Waco, TX, 76707

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,234 Sq Ft
price_per_sqft$134.24 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Tankless Water Heater, Vented Exhaust Fan
FlooringTile, Wood

Exterior

Exterior FeaturesDog Run, Fire Pit, Rain Gutters
Lot Size8,364 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480060000033000
Lot Number21
SubdivisionBrookview Hills
Land UseResidential
Legal DescriptionBROOKVIEW HILLS LOT 21 BLOCK B ACRES .192
Census Tract000800
Assessed Land Value$22,080
Assessed Improvement Value$275,520
Assessment Year2025

About this property

Lovingly remodeled central Waco home is waiting for you! Stunning 3 bedroom/2 bath has it all with recent updates throughout including kitchen, dining bar, gas cooktop/range, copper apron sink & vent hood, black pearl leatherette and butcher block counters, glass tiled backsplashes, large dining room with kitchen pass-through, wood-burning tiled fireplace, walls of windows, built-in 12 foot banquette with storage that also converts into 2 twin beds. Also, recent shiplap accent the restored original oak floors, paneled doors, completely renovated bathrooms with glass enclosures, a soaker tub, dual master vanities and a cedar lined master closet. 3rd bedroom could be an office featuring a pull out full size Murphy Bed. Extras also include a tankless water heater, huge patio with fire-pit, accent mural and a dog run. Just down the street from the original Magnolia Shop and about 10 minutes from all downtown attractions including Cameron Park/Zoo, Magnolia Market/Silos, Brazos River, Baylor Stadium and much more. Don't let this uniquely wonderful home get away! ***Buyer and buyers agent to verify all square footage, school and tax information.

Investor Tools

Property Icon
$297,600
Estimated Property Value
$200,141Estimated Mortgage Balance
$97,459Estimated Equity
32% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,799 /month
Positive
Cash Flow Estimate:
$600 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$565/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,294
$297,600
2025
$22,080
$275,520
$297,600
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,294
$297,600

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Change Lending Llc
Conventional
$205,100
No
First
May 22, 2023
Jun 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$200,141
$97,459
32%
67%
$1,595/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$1,595/mo
$-599/mo
4.0%

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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3205 Cole Ave | Property Details | No Agent List