$409,000
NAL Estimated Property Value3440 Herring LN, Waco, TX, 76708
$417,813 ARV
Off Market
Property Lead Type:
Off-Market ListARV FlipHigh Equity
Highlights
Interior
AppliancesDishwasher, Disposal, Microwave, Free-Standing Range, Refrigerator, Wine Refrigerator
FlooringTile, Wood
Exterior
Exterior FeaturesBarbecue, Private Yard
Lot Size11,378 sqft
Building Information
Year Built1958
Stories1
Roof Type105
Garage Spaces1
Land Information
APN480006010004005
Lot Number4
SubdivisionAllen Joe B
Land UseResidential
Legal DescriptionALLEN JOE B LOT 4 BLOCK 1 ACRES .2612
Census Tract002800
Assessed Land Value$22,640
Assessed Improvement Value$380,060
Assessment Year2025
About this property
Announcing the much anticipated release of this Palmer Davis Designer Showcase Home! This historic Waco mid century jewel has been completely transformed by the two years running Best of Waco interior Design team of Jill Davis and Renae Palmer. Beyond inviting, the warm features of the home beckon one to explore every detail: white washed saltillo & wood floors, custom oak cabinets w/burnished teak, custom wood/metal barn doors, cedar decks front and back, NEW plumbing, electrical, HVAC, Green Egg Grill!Restrictions: Yes
Investor Tools
$409,000
Estimated Property Value
$267,665Estimated Mortgage Balance
$141,335Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$417,813
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,454 /month
Positive
Cash Flow Estimate:
$818 /month
Financing Details
Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$760/month
No HOA
5.947%
Tax Information
Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,078
$402,700
2025
$22,640
$380,060
$402,700
No
Tax History
Year
Tax Paid
Assessed Value
2024
$7,078
$402,700
Mortgage Details
Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Affinity Fcu
Conventional
$294,228
No
First
Jun 25, 2021
Jul 2051
Equity Summary
Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$267,665
$141,335
34%
65%
$1,765/mo
Rental Potential
Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
$1,765/mo
$-435/mo
3.9%
