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A+
NoAgentList RatingHow are grades calculated? Info

$197,500

3900 Charlton Ave, Waco, TX, 76711

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,038 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$125.14 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesElectric Water Heater
FlooringLaminate

Exterior

Lot Size8,398 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480377000086001
Lot Number7
SubdivisionShelby
Land UseResidential
Legal DescriptionSHELBY LOT 7 BLOCK 8 ACRES .1928
Census Tract004300
Assessed Land Value$21,590
Assessed Improvement Value$175,910
Assessment Year2025

About this property

Ready for your next adventure? Invest in this property just minutes from Downtown Waco! Don't miss your opportunity to own this 3 bedroom, 1 bath home. The home could use updates like some new paint, fixtures and flooring. The home can be lived in while you make your changes and final touches. The covered back porch area is ideal for those summer backyard BBQs. The home is in close proximity to the many amenities in the area from shopping, eating, and recreational parks. Schedule a showing today to come out and see firsthand how you can make it your home sweet home.

Investor Tools

Property Icon
$197,500
Estimated Property Value
$10,000Estimated Mortgage Balance
$187,661Estimated Equity
95% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,185 /month
Positive
Cash Flow Estimate:
$395 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$398/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,791
$197,500
2025
$21,590
$175,910
$197,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,791
$197,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ignacio Ruiz Sr
Seller Carryback / Seller Financing / Seller Take-Back
$10,000
No
First
Jun 4, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$9,839
$187,661
95%
5%
$60/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$60/mo
+$1,500/mo
9.5%

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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3900 Charlton Ave | Property Details | No Agent List