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$190,000

3404 FERNDALE Drive, Waco, TX, 76706

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,392 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$111.35 / sqft
Year BuiltBuilt in 1972

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Dryer, Gas Range, Microwave, Refrigerator, Washer
FlooringTile, Vinyl

Exterior

Lot Size7,745 sqft

Building Information

Year Built1972
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480463010080002
Lot Number10
SubdivisionWyndover
Land UseResidential
Legal DescriptionWYNDOVER LOT 10 BLOCK 7 ACRES .1778
Census Tract002100
Assessed Land Value$20,530
Assessed Improvement Value$165,090
Assessment Year2025

About this property

Nestled in a quiet, friendly neighborhood, this adorable home offers plenty of space and character. With three bedrooms and two bathrooms, it’s priced very reasonably and ready for your personal touch. While it could use a little TLC, the updates already in place make it fantastic investment opportunity for the right buyer. Enjoy peace of mind with a new roof installed in 2021 and a converted garage, offering additional living space for a family room, office or guest suite. The backyard is spacious and full of potential, featuring a wired shed that could easily be transformed into a mother-n-law suite, workshop, or a studio. A beautiful covered patio provides the perfect spot to relax and unwind after a long day. With its great bones, solid updates, and unbeatable price, this home is ready for someone to make it their own. Come see the possibilities!

Investor Tools

Property Icon
$190,000
Estimated Property Value
$0Estimated Mortgage Balance
$126,763Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,140 /month
Positive
Cash Flow Estimate:
$380 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$157/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$933
$164,933
2025
$20,530
$165,090
$185,620
No

Tax History

Year
Tax Paid
Assessed Value
2024
$933
$164,933

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Royal United Mortgage Llc
Stand Alone First / Home Equity First Lien
$77,000
No
First
Sep 25, 2017
Oct 2032

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$63,237
$126,763
66%
33%
$462/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$462/mo
+$868/mo
8.4%

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.

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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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