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$178,440

4000 Ethel Ave, Waco, TX, 76707

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,078 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$185.44 / sqft
Year BuiltBuilt in 1948

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDisposal, Vented Exhaust Fan, Tankless Water Heater
FlooringLaminate, Tile

Exterior

Lot Size7,802 sqft

Building Information

Year Built1948
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480039000095000
Lot Number1
SubdivisionBelmont Gardens 1 & 3
Land UseResidential
Legal DescriptionBELMONT GARDENS 1 & 3 LOT 1 BLOCK 10 ACRES .1791
Census Tract002700
Assessed Land Value$21,060
Assessed Improvement Value$157,380
Assessment Year2025

About this property

Adorable 1948 cottage, re-inspired with a funky more modern vibe.

Investor Tools

Property Icon
$178,440
Estimated Property Value
$164,000Estimated Mortgage Balance
$22,668Estimated Equity
8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,199 /month
Positive
Cash Flow Estimate:
$400 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$420/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,144
$178,440
2025
$21,060
$157,380
$178,440
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,144
$178,440

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Crosscountry Mortgage Llc
Conventional
$164,000
No
First
Aug 7, 2023
Sep 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$155,772
$22,668
12%
87%
$984/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$984/mo
+$12/mo
6.7%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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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4000 Ethel Ave | Property Details | No Agent List