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$225,000

3220 N 31st St, Waco, TX, 76708

On MarketInfo
Just AddedInfo
Beds3 Beds
Baths1 Bath
Baths1,340 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$167.91 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

Absentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms 1Bathrooms 1
AppliancesDishwasher, Microwave
FlooringVinyl

Building Information

Garage Spaces1

About this property

This green beauty is renovated and ready for its new owner! Think new, new, new: new roof, new kitchen cabinets, new granite countertops, new tile, new flooring, new paint, and more! Beyond the beautiful renovations, let's talk about what makes this home stand out from other 3 bedroom, 2 bath homes. The extra large closet in the primary bedroom - you have to see it for yourself. You'll love the oversized lot, mature trees, covered patio, and peaceful backyard. In addition to the carport and garage, there's also an additional bonus storage room attached to the back of the house. For added peace of mind, the plumbing and electrical systems have also been updated recently. Talk about bang for your buck! This one won't last long.

Investor Tools

Property Icon
$219,000
Estimated Property Value
$130,000Estimated Mortgage Balance
$89,375Estimated Equity
41% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,350 /month
Positive
Cash Flow Estimate:
$450 /month

Interested in this property?

Kayley George

EG Realty

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$282/month
No HOA
5.947%

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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