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$725,000

NAL Estimated Property Value

322 Crescent Rd, Waco, TX, 76710

Off MarketInfo
Beds4 Beds
Baths3 Bath
Baths3,105 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$235.75 / sqft
Year BuiltBuilt in 1925

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Cooktop, Double Oven
FlooringTile, Wood

Exterior

Lot Size19,602 sqft

Building Information

Year Built1925
Roof Type105
Garage Spaces1

Land Information

APN480250000049005
Lot Number6,9D
SubdivisionKarem Park
Land UseResidential
Legal DescriptionKAREM PARK LOT 6 9D BLOCK 3 ACRES .45
Census Tract002498
Assessed Land Value$70,760
Assessed Improvement Value$421,516
Assessment Year2025

About this property

Built in 1925 (now celebrating her 100th birthday), this historic Castle Heights gem blends timeless character with modern livability. Thoughtfully remodeled with a designer's eye on every detail, the home offers 4 bedrooms and 3 full baths on nearly half an acre of terraced grounds anchored by a striking amphitheater-style brick wall and an open-air cabana perfect for gatherings under the stars. Inside, original hardwoods, soaring ceilings and two fireplaces set the tone for a home steeped in warmth and elegance. Major systems recently replaced include 2 brand new HVAC systems and ductwork, 30-yr roof, and nearly all plumbing and electrical. The sprawling floorplan features two generous living areas, a formal dining room, and a sunroom ideal as an office or reading nook. Natural light pours through every room, illuminating thoughtful design touches and curated finishes that honor the home's architectural roots while adding just the right amount of contemporary flair. Outdoors, a stone path meanders through lush landscaping from front to back, leading down to a massive wide open lawn — an ideal canvas for a future pool. A full staircase leads to the unfinished attic, brimming with potential for expansion into a studio, playroom, or bedroom. Complete with a 2-car garage and located on a beloved non-thru street in one of Waco’s most iconic neighborhoods, 322 Crescent is a rare blend of history, beauty, and modern comfort waiting for you to write her next chapter.

Investor Tools

Property Icon
$725,000
Estimated Property Value
$518,910Estimated Mortgage Balance
$206,090Estimated Equity
28% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,392 /month
Positive
Cash Flow Estimate:
$1,464 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,177/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$10,504
$492,276
2025
$70,760
$421,516
$492,276
No

Tax History

Year
Tax Paid
Assessed Value
2024
$10,504
$492,276

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First United Bank & Trust Co
Conventional
$524,250
No
First
Oct 1, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$518,910
$206,090
28%
72%
$3,144/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$3,144/mo
$-1,790/mo
2.2%

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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322 Crescent Rd | Property Details | No Agent List