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$571,000

330 Austin Ave Apt 301, Waco, TX, 76701

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,445 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$305.38 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Vented Exhaust Fan, Electric Water Heater
FlooringTile, Wood

Exterior

Lot Size1,137 sqft

Building Information

Year Built2008
Stories2
Garage Spaces2

Land Information

APN487100000301000
SubdivisionThe Balconies: Downtown Condominiums
Land UseResidential
Legal DescriptionCONDO THE BALCONIES: DOWNTOWN CONDOMINIUMS, UNIT 301, 2.7578 % INT IN COMMON AREA
Census Tract000100
Assessed Land Value$56,850
Assessed Improvement Value$343,900
Assessment Year2025

About this property

THE BALCONIES DOWNTOWN condominium sales have exceeded all expectations! This one-of-a-kind corner unit boasts 14 foot ceilings, walls of windows with incredible views of the Courthouse, Austin Ave., City Hall and the Waco Chamber. #301 was under contract, however, the sale did not go through which provides a second chance for those who were interested to seize this opportunity. This collection of 46 condominiums located in the vibrant Waco, TX downtown district - THE BALCONIES DOWNTOWN - have the allure of low maintenance living with picturesque city views from each private balcony. Extensive improvements to the exterior and common areas have been underway for a year and the results are creating a new buzz to the ever-growing excitement of Waco's downtown and riverwalk districts. This Unit is assigned 2 parking spaces which is an extremely valuable amenity for downtown living. Low monthly HOA dues include water, trash, exterior building insurance, security gates and common area upkeep. The gracious, neighborly atmosphere in the building is not conducive to short term rentals, hence, STR's are not allowed, however, the BALCONIES allow 12+ month rentals. Also pet friendly, THE BALCONIES DOWNTOWN offer the ease of living, working and playing all within steps of restaurants, coffee bars, book shops, pubs, boutiques, bakeries, the Farmer's Market, Cameron Park, the Brazos River, the Art Center of Waco, Baylor Campus and the soon-to-be Foster Pavilion (Baylor Basketball Arena/Cultural Event Center).

Investor Tools

Property Icon
$571,000
Estimated Property Value
$0Estimated Mortgage Balance
$571,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,426 /month
Positive
Cash Flow Estimate:
$1,142 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$725/month
$266/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$400,750
2025
$56,850
$343,900
$400,750
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$400,750

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$571,000
100%
0%
$0/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.

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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330 Austin Ave Apt 301 | Property Details | No Agent List