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$193,000

NAL Estimated Property Value

4012 James Ave, Waco, TX, 76711

$214,460 ARVInfo
Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,456 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$96.09 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Microwave
FlooringLaminate, Wood

Exterior

Lot Size8,220 sqft

Building Information

Year Built1950
Stories1
Roof Type105

Land Information

APN480377000217001
Lot Number10
SubdivisionShelby
Land UseResidential
Legal DescriptionSHELBY LOT 10 BLOCK 16 ACRES .1887
Census Tract004300
Assessed Land Value$21,290
Assessed Improvement Value$145,445
Assessment Year2025

About this property

If you’re looking for a starter home in Waco, we’ve got a great one for you! This four bedroom two bath home is conveniently located close to shopping, downtown, nightlife and minutes from Baylor! You will find original hardwood floors in the front half of the house and a modern sleek kitchen with many updates in the back! Outside is a covered patio and fenced in yard, backed up to a park and playground within walking distance! Come see why this move-in ready home is perfect for you!

Investor Tools

Property Icon
$193,000
Estimated Property Value
$115,006Estimated Mortgage Balance
$77,994Estimated Equity
40% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
$214,460
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,158 /month
Positive
Cash Flow Estimate:
$386 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$442/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,344
$166,735
2025
$21,290
$145,445
$166,735
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,344
$166,735

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Cdmr Investments Llc
Purchase Money Mortgage
$125,000
No
First
Feb 28, 2022
Mar 2037

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$115,006
$77,994
40%
60%
$750/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,620/mo
$750/mo
+$870/mo
10.1%

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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4012 James Ave | Property Details | No Agent List