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$220,000

NAL Estimated Property Value

3715 Gorman Ave, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,075 Sq Ft
price_per_sqft$172.09 / sqft
Year BuiltBuilt in 1947

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater
FlooringHardwood

Exterior

Lot Size11,256 sqft

Building Information

Year Built1947
Stories1
Roof Type105
Garage Spaces4

Land Information

APN480398000034009
Lot Number4,3A
SubdivisionSunset Hill
Land UseResidential
Legal DescriptionSUNSET HILL LOT 3A 4 BLOCK 3 ACRES .2584
Census Tract002498
Assessed Land Value$25,660
Assessed Improvement Value$160,950
Assessment Year2025

About this property

Welcome to this charming 3-bedroom, 1-bathroom home offering comfort and functionality throughout. A driveway leads to an electric gate that opens to a covered carport area and a convenient two-car garage, providing plenty of parking and storage space. Step inside to an inviting open-concept layout featuring natural wood flooring in the living room and bedrooms, creating a warm and cohesive feel. The dining area includes a door that opens to the backyard, perfect for easy indoor-outdoor living. The kitchen offers ample cabinet space for all your storage needs. Each of the three bedrooms is spacious and comfortable, while the full bathroom features a tiled tub shower combination. Outside, enjoy a fully fenced backyard with plenty of space for relaxation, play, or entertaining.

Investor Tools

Property Icon
$220,000
Estimated Property Value
$15,128Estimated Mortgage Balance
$204,872Estimated Equity
93% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,320 /month
Positive
Cash Flow Estimate:
$440 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$298/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,479
$186,610
2025
$25,660
$160,950
$186,610
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,479
$186,610

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Susser Bank
Conventional
$52,000
No
First
Jul 17, 2014
Aug 2029

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$15,128
$204,872
93%
7%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
7.1%

City: Waco

3715 Gorman Ave | Property Details | No Agent List