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$313,000

NAL Estimated Property Value

3211 Parrott Avenue, Waco, TX, 76707

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,662 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$195.55 / sqft
Year BuiltBuilt in 2025

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 2Bathrooms 2
AppliancesDishwasher, Disposal, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan, Wine Cooler
FlooringLaminate, Vinyl

Exterior

Lot Size8,250 sqft

Building Information

Garage Spaces2

Land Information

APN480226000298008
Lot Number13
SubdivisionHighland
Land UseResidential
Legal DescriptionHIGHLAND LOT 13 BLOCK 23 ACRES .1894
Census Tract000900
Assessed Land Value$21,780
Assessment Year2025

About this property

Situated in the highly desirable Highland neighborhood, this exquisite 3-bedroom, 2-bath luxury home offers unparalleled style and elegance in one of Waco’s most coveted locations. Perfectly positioned near Cameron Park, downtown Waco, and the Magnolia Silos, this property blends the tranquility of a well-established neighborhood with easy access to upscale dining, boutique shopping, and vibrant cultural attractions. Inside, you’ll be captivated by soaring 12–20 foot vaulted ceilings, quartz finishes throughout, and a spacious open-concept design. The gourmet kitchen showcases an oversized island with storage, a walk-in pantry, designer green floor-to-ceiling cabinetry, bronze fixtures, a wine bar with mini fridge, and a stunning backsplash. The primary suite is a true retreat with his-and-hers vanities, a tiled walk-in shower, and a luxurious tiled walk-in tub, complemented by a massive custom closet complete with built-ins and shoe racks. The guest bathroom continues the upscale design with tile extending to the ceiling. Additional features include a mudroom at the entry, a laundry room with built-ins, beautiful wood and tile flooring, recessed lighting throughout, and a two-car garage. Outside, the large fenced lot and striking charcoal gray exterior add to the home’s curb appeal. Every detail, from the modern finishes to the thoughtful layout, makes this home a showcase of Highland luxury living in one of Waco’s most sought-after areas.

Investor Tools

Property Icon
$313,000
Estimated Property Value
$229,536Estimated Mortgage Balance
$83,464Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,950 /month
Positive
Cash Flow Estimate:
$650 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$171/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$491
$21,780
2025
$21,780
N/A
$21,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$491
$21,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Extraco Banks Na
Conventional
$231,000
No
First
Nov 14, 2025
Dec 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,536
$83,464
26%
73%
$1,349/mo

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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3211 Parrott Avenue | Property Details | No Agent List