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$227,780

NAL Estimated Property Value

3809 Shelby Ave, Waco, TX, 76711

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,502 Sq Ft
price_per_sqft$149.8 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
AppliancesGas Water Heater, Ice Maker, Microwave, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Lot Size10,019 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480220000009008
Lot Number12B
SubdivisionHays Hts 2
Land UseResidential
Legal DescriptionHAYS HTS 2 LOT 12B BLOCK 2 ACRES .23
Census Tract004300
Assessed Land Value$24,050
Assessed Improvement Value$203,730
Assessment Year2025

About this property

Come check out this 4 bedroom 2 bath home conveniently located within minutes from schools, shopping, and dining. Open floor plan with plenty of windows for natural lighting. Updated kitchen with floating shelves and stand alone island, perfect for family gatherings. Large fenced in backyard with deck and patio areas for entertaining. There are 2 storage sheds for storing all your gardening and landscaping items. This could be a great starter home for a growing family or investment property.

Investor Tools

Property Icon
$227,780
Estimated Property Value
$204,826Estimated Mortgage Balance
$22,954Estimated Equity
10% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,367 /month
Positive
Cash Flow Estimate:
$456 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$348/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,043
$227,780
2025
$24,050
$203,730
$227,780
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,043
$227,780

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Kind Lending Llc
Fha
$211,105
Yes
First
Sep 3, 2024
Oct 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$204,826
$22,954
10%
90%
$1,266/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$1,266/mo
+$354/mo
8.5%

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.

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

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