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NoAgentList RatingHow are grades calculated?Info
Days49Days on Market
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$79,997

$84,500

3317 N 23rd Street, Waco, TX, 76708

$103,996 ARVInfo
On MarketInfo
Price DropInfo
Beds2 Beds
Baths1 Bath
Baths848 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$94.34 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Must-SellDeal ListARV FlipAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesNone
FlooringCarpet, Laminate, Wood

Exterior

Lot Size7,301 sqft

Building Information

Year Built1947
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480289000136003
Lot Number2
SubdivisionMelbourne Hts
Land UseResidential
Legal DescriptionMELBOURNE HTS LOT 2 BLOCK M ACRES .1676
Census Tract001100
Assessed Land Value$15,330
Assessed Improvement Value$94,930
Assessment Year2025

About this property

North Waco Investor Special — Solid Structural Frame Ready for Finish-Out. Lock down an ultra-affordable entry price in an active submarket with this high-margin contractor canvas. Featuring a functional footprint on a manageable city lot, this asset provides an incredible investment for an aggressive fix-and-flip or a high-yield BRRRR portfolio addition. The clean interior layout is primed for immediate cosmetic and mechanical modernizations, allowing builders to manufacture massive forced equity on day one. Highly strategic location with convenient access to the North 25th St retail corridor, local schools, and downtown Waco transit. Low fixed carrying costs with active city utility hookups.

Investor Tools

$0Estimated Mortgage Balance
$110,260Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$103,996
Rent-to-Value Ratio: 0.72%
Rent Estimate
$662 /month
Positive
Cash Flow Estimate:
$221 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$243/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,365
$110,260
2025
$15,330
$94,930
$110,260
Yes (2020)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,365
$110,260

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$110,260
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
N/A
+$1,010/mo
11.0%

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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3317 N 23rd Street | Property Details | No Agent List