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Days1572Days on Market
Views1view

$250,000

3230 Proctor Ave, Waco, TX, 76708

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,870 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.69 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListMust-SellAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater
FlooringOther, Wood

Exterior

Lot Size9,496 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480229010038006
Lot Number25
SubdivisionHillcrest Annex
Land UseResidential
Legal DescriptionHILLCREST ANNEX LOT 25 BLOCK J ACRES .218
Census Tract000900
Assessed Land Value$24,030
Assessed Improvement Value$95,970
Assessment Year2025

Investor Tools

$179,811Estimated Mortgage Balance
$39,188Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

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Matthew McLeod

The McLeod Company

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$407/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,790
$120,000
2025
$24,030
$95,970
$120,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,790
$120,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Na
Stand Alone First / Home Equity First Lien
$195,075
No
First
Mar 28, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$179,811
$30,189
14%
82%
$1,170/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,170/mo
+$160/mo
7.3%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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