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$350,000

NAL Estimated Property Value

3301 Canyon Dr, Waco, TX, 76708

$362,181 ARVInfo
Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,123 Sq Ft
price_per_sqft$58.17 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

BankruptcyOff-Market ListDeal ListARV FlipAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
FlooringTile

Exterior

Lot Size19,367 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480084000014000
Lot Number15
SubdivisionCedar Oaks
Land UseResidential
Legal DescriptionCEDAR OAKS LOT 15 BLOCK A ACRES .4446
Census Tract002800
Assessed Land Value$27,310
Assessed Improvement Value$281,700
Assessment Year2025

About this property

Beautiful stonework on an amazing diamond in the rough sits on a large .44Acre lot that is surrounded front and side by a .88Acre tract of land Owned & Maintained by the City of Waco (see photos). Both lots have mature trees,..like having your own private park-like setting. Covered back patio & covered front entry. Tiled or laminate flooring throughout. Massive Great Room has faux brick flooring, canned lighting, wired for stereo, original windows with second windows & a huge brick wood burning FP with wood mantel. Unique Utility closet in kitchen with separate pantry, lots of counter space & cabinets. Breakfast area open to Kitchen. Combined Formal Dining & Living. Two above average Bedroom & nice sized 3rd bedroom. Secondary bath has a combo shower/tub and master bath has a "space-efficient" walk-in shower. House is being sold AS-IS but aerial photo in listing shows some of the renovated properties in same subdivision. Two room outbldg needs a lot of work but is wired and one has an old window unit (razing may be best choice). Have your agent schedule a showing before this lump of coal is transitioned to a diamond by someone else or if you don't have an agent,..contact me. This is a foreclosure property with no survey. Buyer must have financing in place with cash to close & pay for a survey if the conventional loan option is used. Proof of funds for cash and a full approval for buyer due to drastic changes to underwriting guidelines from all lender effective since week 3/30/20

Investor Tools

Property Icon
$350,000
Estimated Property Value
$258,090Estimated Mortgage Balance
$91,910Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$362,180
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,100 /month
Positive
Cash Flow Estimate:
$700 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$578/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,191
$309,010
2025
$27,310
$281,700
$309,010
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,191
$309,010

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Conventional
$280,000
No
First
Mar 22, 2022
Apr 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$258,090
$91,910
26%
74%
$1,679/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,370/mo
$1,679/mo
$-309/mo
4.7%

City: Waco

3301 Canyon Dr | Property Details | No Agent List