Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours

$606,160

NAL Estimated Property Value

3508 Castle Ave, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths2,960 Sq Ft
price_per_sqft$195.61 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 3Bathrooms Full 3
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Microwave, Vented Exhaust Fan, Gas Water Heater, Tankless Water Heater
FlooringBrick, Carpet, Tile, Vinyl, Wood

Exterior

Exterior FeaturesRain Gutters, Storage
Lot Size18,077 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces3

Land Information

APN480080000102005
Lot Number3-4,4B
SubdivisionCastle Hts
Land UseResidential
Legal DescriptionCASTLE HTS LOT 3 4B 4A BLOCK G ACRES .415
Census Tract002498
Assessed Land Value$69,060
Assessed Improvement Value$537,100
Assessment Year2025

About this property

Come and see this Castle Heights beauty today!! 3 Bedroom, 3 Baths with a bonus office that could serve as a 4th Bedroom. So much charm greets you as you approach this home, including a gorgeous tree-lined street and an oversized extended front porch with ornate columns and arches. The interior of the home features an open floor plan, gleaming hardwood floors, wooden shutters, a large kitchen/dining area with walls of windows looking out onto the lush backyard. The living area boasts a wood-burning fireplace with brick backing on the rear and easy access to the adjoining office. The updated kitchen offers a granite island/breakfast bar with custom lighting, pretty tile backsplashes, stainless appliances including a gas cooktop/oven with built-in microwave, and a walk-in pantry. Just off the kitchen is a separate laundry room with included washer/dryer and room for an additional fridge/freezer as well as a bonus storage closet. The primary bedroom is at the rear of the home and is big enough to accommodate the largest furniture with a bath that has a standup shower, built-in dressers, separate closets, and a separate dressing area. The second guest room has a dedicated, updated bath with access to the master bedroom as well. The third guest room is currently being used as a workshop, but could be easily converted back and does have its own full bathroom. It would make a great mother-in-law suite with a private entrance. Other improvements include a tankless water heater. The home sits on a proximately .41 acres with plenty of room in the back for a pool, if desired. Also, in the back is a an electric gate, brick patio, and an ample storage/greenhouse/workshop building off of the rear attached three car carport. Centrally located to shopping/dining/tourist attractions, and Baylor University.

Investor Tools

Property Icon
$606,160
Estimated Property Value
$394,179Estimated Mortgage Balance
$211,981Estimated Equity
34% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,637 /month
Positive
Cash Flow Estimate:
$1,212 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,309/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$12,674
$606,160
2025
$69,060
$537,100
$606,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$12,674
$606,160

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Guaranteed Rate Inc
Conventional
$415,000
No
First
Aug 2, 2023
Aug 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$394,179
$211,981
34%
65%
$2,489/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,489/mo
$-1,182/mo
2.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

3508 Castle Ave | Property Details | No Agent List