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$630,218

3500 Chateau Ave, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,879 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$225.43 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Refrigerator, Electric Water Heater, Gas Water Heater
FlooringConcrete, Wood

Exterior

Exterior FeaturesBuilt-in Barbecue, Rain Gutters
Lot Size14,074 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces3

Land Information

APN480080000068008
Lot Number13
SubdivisionCastle Hts
Land UseResidential
Legal DescriptionCASTLE HTS LOT 13 BLOCK E ACRES .3231
Census Tract002498
Assessed Land Value$62,920
Assessed Improvement Value$567,298
Assessment Year2025

About this property

Located "on the circle" in the heart of prestigious Castle Heights is 3500 Chateau Avenue. This beautiful, traditional, red brick home is shaded with towering oak trees and nice landscaping. 3 bedrooms, 3 full bathrooms, two living spaces and a formal dining room. Beautiful oak floors, crown moldings, built-in shelving and drawers are just a few highlights of this home. The second living space offers a wet bar and gas fireplace with windows showcasing the lovely private patio. Shaded corner lot with sprinkler system and landscape lighting. Enjoy plenty of parking and storage with the rare 3 car garage with side entry. Don't miss this opportunity to be front row for the best July 4th parades, Halloween trick-or-treating and all around wonderful community in this great neighborhood!

Investor Tools

Property Icon
$630,218
Estimated Property Value
$85,000Estimated Mortgage Balance
$550,588Estimated Equity
87% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,894 /month
Positive
Cash Flow Estimate:
$1,298 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,204/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$11,293
$630,218
2025
$62,920
$567,298
$630,218
No

Tax History

Year
Tax Paid
Assessed Value
2024
$11,293
$630,218

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
American Bank Na
Commercial
$85,000
No
First
Dec 8, 2022
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$79,630
$550,588
87%
13%
$510/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,354/mo
$510/mo
+$844/mo
2.6%

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.

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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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