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$126,000

3921 Homan Ave, Waco, TX, 76707

$126,209 ARVInfo
Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths726 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$177.55 / sqft
Year BuiltBuilt in 1949

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Refrigerator, Vented Exhaust Fan
FlooringLaminate, Wood

Exterior

Exterior FeaturesStorage
Lot Size7,200 sqft

Building Information

Year Built1949
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480039000116003
Lot Number11
SubdivisionBelmont Gardens 1 & 3
Land UseResidential
Legal DescriptionBELMONT GARDENS 1 & 3 LOT 11 BLOCK 11 ACRES .1653
Census Tract002700
Assessed Land Value$20,300
Assessed Improvement Value$67,700
Assessment Year2025

About this property

Welcome Home! Seller Financing with $30,000 on a 5 Year Note! Recently updated near the Extraco Building, the Cameron Park Zoo, and McLennan Community College; this home is move in ready, perfect for a starter home or investment rental! Updated flooring, paint, and fixtures throughout; ready to greet its new owners to call it Home Sweet Home. This home is a 2 bedroom, 1 bath with living room, kitchen and dining space, ceiling fans, central heat and air...the kitchen includes a refrigerator and stove. Nice fully fenced backyard provides a safe space for the kids to play and pets to run around safely and securely. Detached garage is ready to be used as a storage shed or car garage with washer and dryer connections, used washer and dryer will convey. HEB Grocery, Shopping and Dining and More within a few blocks!! Hablo Espanol!

Investor Tools

Property Icon
$126,000
Estimated Property Value
$100,000Estimated Mortgage Balance
$27,761Estimated Equity
21% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$126,209
Rent-to-Value Ratio: 0.72%
Rent Estimate
$773 /month
Positive
Cash Flow Estimate:
$258 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$218/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,985
$88,000
2025
$20,300
$67,700
$88,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,985
$88,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$100,000
No
First
May 23, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$98,239
$27,761
22%
78%
$600/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$600/mo
+$396/mo
9.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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3921 Homan Ave | Property Details | No Agent List