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B+
NoAgentList RatingHow are grades calculated? Info

$174,000

400 E 21st St, Waco, TX, 76705

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths842 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$189.9 / sqft
Year BuiltBuilt in 2005

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesElectric Water Heater, Microwave, Refrigerator
FlooringCarpet, Tile

Exterior

Lot Size15,002 sqft

Building Information

Year Built2005
Stories1
Roof Type105
Garage Spaces1

Land Information

APN280045000123003
Lot Number11,12
SubdivisionBellmead Ct
Land UseResidential
Legal DescriptionBELLMEAD CT LOT 11 12 BLOCK 17 ACRES .3444
Census Tract001600
Assessed Land Value$7,050
Assessed Improvement Value$109,080
Assessment Year2025

About this property

Super cute new listing in Bellmead! With fantastic access to IH35, you will be just minutes away from all the amazing shopping, entertainment, and delicious restaurants Waco has to offer. The curb appeal of this adorable 2 bedroom and 1 bathroom home is so wonderful as you walk up with a cozy front porch that welcomes you to take a seat and relax. The home is clean and crisp with new paint throughout. The open concept of the living and kitchen help to make you feel comfortable and offers a great space to entertain. As an added bonus you have a large storage shed next to the home. Don’t forget to enjoy time in the oversized backyard with family and friends! Call us today to see this one in person!

Investor Tools

Property Icon
$174,000
Estimated Property Value
$0Estimated Mortgage Balance
$174,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,044 /month
Positive
Cash Flow Estimate:
$348 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$266/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,319
$116,130
2025
$7,050
$109,080
$116,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,319
$116,130

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$174,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
N/A
+$996/mo
6.9%

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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