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$329,000

3830 Colina Ln, Waco, TX, 76705

On MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,732 Sq Ft
DuplexDuplex
price_per_sqft$189.95 / sqft
Year BuiltBuilt in 1955

Property Lead Type:

Off-Market ListMust-SellAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDryer, Electric Range, Electric Water Heater, Microwave, Vented Exhaust Fan, Washer
FlooringLaminate

Exterior

Lot Size23,958 sqft

Building Information

Year Built1955
Stories1
Roof Type105
Garage Spaces1

Land Information

APN280267010340001
SubdivisionTomas De La Vega
Land UseResidential
Legal DescriptionTOMAS DE LA VEGA ACRES .55
Census Tract001800
Assessed Land Value$10,970
Assessed Improvement Value$124,310
Assessment Year2025

About this property

Versatile Living Meets Income Potential in La Vega ISD! Whether you're looking for a primary residence with built-in rental income or a full investment property, this beautifully renovated home offers endless possibilities. Currently configured as a duplex, the property can generate income from both units or easily be converted back into a spacious 4-bedroom, 3-bath single-family home with a simple wall modification—perfect for a growing family. Offering over 1,700 square feet of fully remodeled living space, this home is truly move-in ready. Inside, you'll find a stylish modern farmhouse design highlighted by elegant gold accents, crisp white finishes, bold black fixtures, and contemporary updates throughout, creating a warm and inviting atmosphere. Situated on a generous half-acre corner lot in the desirable La Vega ISD, the expansive backyard is shaded by mature trees and provides plenty of room for entertaining, family gatherings, gardening, or simply relaxing outdoors. Whether you're a savvy investor, house hacker, or homebuyer seeking extra space and flexibility, this unique property checks all the boxes. Conveniently located with quick access to shopping, dining, schools, and all that Waco has to offer, it's an opportunity you won't want to miss. Schedule your private showing today and discover the flexibility, value, and income potential this exceptional property has to offer!

Investor Tools

Property Icon
$193,000
Estimated Property Value
$153,425Estimated Mortgage Balance
$42,969Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,974 /month
Positive
Cash Flow Estimate:
$658 /month

Interested in this property?

Reyna Reyes

Arise Capital Real Estate

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$114/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$399
$106,552
2025
$10,970
$124,310
$135,280
No

Tax History

Year
Tax Paid
Assessed Value
2024
$399
$106,552

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Tfnb Your Bank For Life
Unknown
$153,425
No
First
Apr 11, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$150,031
$42,969
22%
78%
$920/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$920/mo
+$387/mo
8.1%

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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3830 Colina Ln | Property Details | No Agent List