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B+
NoAgentList RatingHow are grades calculated? Info

$237,000

330 Austin Ave Apt 304, Waco, TX, 76701

Off MarketInfo
Beds1 Beds
Baths1 Bath
Baths523 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$466.58 / sqft
Year BuiltBuilt in 2008

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 1Bedrooms 1
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Disposal, Microwave, Refrigerator
FlooringTile, Wood

Exterior

Lot Size423 sqft

Building Information

Year Built2008
Stories2
Garage Spaces1

Land Information

APN487100000304000
SubdivisionThe Balconies: Downtown Condominiums
Land UseResidential
Legal DescriptionCONDO THE BALCONIES: DOWNTOWN CONDOMINIUMS, UNIT 304, 1.0289 % INT IN COMMON AREA
Census Tract000100
Assessed Land Value$23,240
Assessed Improvement Value$152,140
Assessment Year2025

About this property

The highly anticipated arrival of THE BALCONIES DOWNTOWN to the open market continues! A 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 are underway and the results are creating a new buzz to the ever-growing excitement of Waco's downtown and riverwalk districts. Condo Unit #304 is an efficiently designed 1 bedroom/1 bath studio space with large windows across the living area. Each 1/1 is assigned a covered parking space 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. 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). This lively condo development is also pet-friendly - no time to waste as there are only a handful of condos remaining!

Investor Tools

Property Icon
$237,000
Estimated Property Value
$0Estimated Mortgage Balance
$237,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,464 /month
Positive
Cash Flow Estimate:
$488 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$312/month
$115/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$175,380
2025
$23,240
$152,140
$175,380
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$175,380

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$237,000
100%
0%
$0/mo

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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330 Austin Ave Apt 304 | Property Details | No Agent List