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$482,000

NAL Estimated Property Value

3224 Austin Ave, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,368 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$217.48 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size12,371 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480278000074000
Lot Number14,13B
SubdivisionMann J W
Land UseResidential
Legal DescriptionMANN J W LOT 13B 14 BLOCK 7A ACRES .284
Census Tract002498
Assessed Land Value$60,620
Assessed Improvement Value$404,550
Assessment Year2025

About this property

Plucked from the pages of a story book sits this adorable cottage-style home, right next door to Magnolia’s newest renovation - the Castle on Austin Avenue. This adorable abode delivers big on vintage charm with hard wood flooring, wainscot trimmings, sconces and custom cabinetry prioritizing comfort and charm over grandeur. Keeping the vibe casual and welcoming is the time worn flagstone walk flanked by symmetrical planters typical of this style. Your guests will stay cool while kicking back on the patio covered by a pergola that begs for wisteria and views of a private and landscaped back yard big enough for a game of competitive croquet or a pool. Inside you’ll find a cool and crisp color scheme, and beautiful oyster shell fixtures. Kitchen and bathrooms have been updated with white stone countertops, deco tile and glass. The back bedrooms can be closed off for energy efficiency or additional privacy for guests. Find additional respite in the back den with functioning wood-burning fireplace, French doors to the patio and access to the 2 car attached garage. Don’t miss the small study attached to the den that can be closed off when wanting to put the work day away. Make this your own quaint retreat and begin your story here, at 3224 Austin avenue, Waco, Texas.

Investor Tools

Property Icon
$482,000
Estimated Property Value
$417,454Estimated Mortgage Balance
$64,546Estimated Equity
13% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,090 /month
Positive
Cash Flow Estimate:
$1,030 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$951/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,006
$465,170
2025
$60,620
$404,550
$465,170
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,006
$465,170

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Primelending
Conventional
$441,000
No
First
Jun 23, 2023
Jul 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$417,454
$64,546
13%
87%
$2,645/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,645/mo
$-1,338/mo
3.3%

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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