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$263,000

NAL Estimated Property Value

3900 Gorman Avenue, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,511 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Microwave, Refrigerator
FlooringCarpet, Tile, Wood

Exterior

Lot Size12,715 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480382000249004
Lot Number10
SubdivisionSouth Overlook
Land UseResidential
Legal DescriptionSOUTH OVERLOOK LOT 10 BLOCK S ACRES .2919
Census Tract002498
Assessed Land Value$26,950
Assessed Improvement Value$202,370
Assessment Year2025

About this property

Welcome home to this charming 3-bedroom, 2-bath single-story in the heart of Waco! Featuring a timeless mix of stone and siding, this home offers both classic character and inviting curb appeal. Inside, you’ll love the open living and dining area with original hardwood floors, a decorative gas fireplace, built-in shelving, and stylish lighting that sets the tone for cozy gatherings. The updated kitchen shines with stainless steel appliances, granite countertops, and direct access to an oversized wooden deck — perfect for morning coffee, backyard barbecues, or entertaining friends under the shade of mature trees. The spacious primary suite features beautiful wood floors, abundant natural light, and a private en-suite bath with a walk-in tile shower. Two additional bedrooms offer great space for family, guests, or a home office. The large, fully fenced backyard provides plenty of room for pets, play, or gardening. Situated on a quiet street near parks, shopping, and downtown Waco, this move-in-ready home perfectly blends comfort, convenience, and classic style.

Investor Tools

Property Icon
$263,000
Estimated Property Value
$193,556Estimated Mortgage Balance
$69,444Estimated Equity
26% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,650 /month
Positive
Cash Flow Estimate:
$550 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$556/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,362
$229,320
2025
$26,950
$202,370
$229,320
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,362
$229,320

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Loandepot.Com Llc
Conventional
$210,375
No
First
Feb 2, 2022
Mar 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$193,556
$69,444
26%
74%
$1,262/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,262/mo
+$45/mo
6.0%

City: Waco

3900 Gorman Avenue | Property Details | No Agent List