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$210,000

$219,500

3904 James Ave, Waco, TX, 76711

On MarketInfo
Price DropInfo
Beds4 Beds
Baths2 Bath
Baths1,585 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$132.49 / sqft
Year BuiltBuilt in 1953

Property Lead Type:

Absentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Range, Electric Water Heater, Microwave
FlooringCarpet, Tile, Vinyl

Exterior

Lot Size7,906 sqft

Building Information

Year Built1953
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480377000240000
Lot Number1
SubdivisionShelby
Land UseResidential
Legal DescriptionSHELBY LOT 1 BLOCK 18 ACRES .1815
Census Tract004300
Assessed Land Value$20,710
Assessed Improvement Value$156,660
Assessment Year2025

About this property

Updated and move-in ready, this spacious 4-bedroom, 2-bath home offers a functional layout, stylish updates, and a location that’s hard to beat — conveniently situated near parks, schools, shopping, and quick access to I-35. Positioned right next to a park, the property enjoys added green space and a peaceful setting rarely found in such a central Waco location. Inside, the open-concept design creates comfortable everyday living and effortless entertaining. The spacious kitchen features granite countertops, abundant cabinetry, an eat-at breakfast bar, and seamless flow into the dining and main living areas. A unique step-down living room adds character and extra space to gather, complete with double doors leading to the backyard, while an additional exterior door off the kitchen offers convenient outdoor access. Additional features include granite countertops continuing throughout both bathrooms for a cohesive updated feel, new carpet in the bedrooms, and ceiling fans for added comfort. Whether you're looking for flexible living space, room to spread out, or a convenient Waco location close to everything, this home checks all the boxes. Appraised June 2026 by licensed appraiser at $235,000. Priced below appraisal.

Investor Tools

Property Icon
$228,000
Estimated Property Value
$42,500Estimated Mortgage Balance
$194,064Estimated Equity
81% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,368 /month
Positive
Cash Flow Estimate:
$456 /month

Interested in this property?

Patricia Meadows

Graceland Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$322/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,729
$145,200
2025
$20,710
$156,660
$177,370
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,729
$145,200

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
First National Bank Of Central Tx
Unknown
$42,500
No
First
Dec 20, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$34,025
$158,975
82%
15%
$255/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,560/mo
$255/mo
+$1,305/mo
8.2%

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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