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$228,440

NAL Estimated Property Value

3821 Cobbs Dr, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,419 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$168.43 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Vented Exhaust Fan, Gas Water Heater
FlooringTile, Wood

Exterior

Exterior FeaturesFire Pit
Lot Size11,665 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480200020057007
Lot Number6
SubdivisionGlendale
Land UseResidential
Legal DescriptionGLENDALE LOT 6 BLOCK C ACRES .2678
Census Tract002600
Assessed Land Value$22,860
Assessed Improvement Value$205,580
Assessment Year2025

About this property

Charming Painted Brick Beauty in the Heart of Waco! Beautifully remodeled 3BR/2BA plus 1 car garage on a ¼ of an acre lot. Right away you’ll notice the curb appeal. Warm white exterior brick with charcoal gray shutters plus a new garage door. Step inside to the original wood floors all recently refinished. Fresh and light paint throughout. Spacious living area with wall of windows providing abundant natural light leads to an open dining room with wood beam. The updated kitchen is sure to be the topic of conversation when entertaining. Soft neutral cabinetry color palette, butcher block counters, subway tile backsplash, white farm sink, custom shelving and gorgeous two-toned diamond pattern tile floor. 3rd bedroom off the kitchen would also make a cozy den or office overlooking the shady backyard. Guest bath features a new vanity with marble top, stylish fixtures, bead board and a hexagon tile floor. Primary suite with darling en suite bath stays true to the vintage feel with patterned tile flooring and custom wood vanity. The backyard is the perfect spot to relax and unwind with crushed granite patio, separate patio with fire pit and mature trees. Sprinkler system in front and back, detached storage shed, inside CH&A replaced Winter 2022. Agent related to owners.

Investor Tools

Property Icon
$228,440
Estimated Property Value
$0Estimated Mortgage Balance
$228,440Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$392/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,566
$228,440
2025
$22,860
$205,580
$228,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,566
$228,440

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$228,440
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
N/A
+$1,330/mo
7.0%

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.

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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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3821 Cobbs Dr | Property Details | No Agent List