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$291,000

NAL Estimated Property Value

4205 Morrow Ave, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths3 Bath
Baths1,523 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$183.78 / sqft
Year BuiltBuilt in 1951

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Gas Range, Tankless Water Heater

Exterior

Lot Size11,252 sqft

Building Information

Year Built1951
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480382000214009
Lot Number2
SubdivisionSouth Overlook
Land UseResidential
Legal DescriptionSOUTH OVERLOOK LOT 2 BLOCK Q ACRES .2583
Census Tract002498
Assessed Land Value$25,650
Assessed Improvement Value$175,820
Assessment Year2025

About this property

Stunningly remodeled by Waco's prestigious KC Construction, this 3-bedroom, 3-bath has been completely remodeled head-to-toe and features 1523 sqft of living square footage and vaulted ceilings, plus an additional detached 800+ sqft workshop, workout area and storage. This is not your run-of-the-mill, sterile remodel. While every surface was touched and upgraded to today's standards, the character & charm of the original 1950s construction was not lost. Included in the remodel were new windows throughout, new kitchen and bathrooms, refinished original hardwoods and the addition of an in-home laundry room. Beautiful, walking-friendly pocket of the coveted Brookview neighborhood, conveniently located in the heart of Waco just minutes from HEB & Target, Uptown and Downtown Waco. Nice sized, tree-covered lot. Entire home exterior was repainted April 2025. Large walk-in closet in primary bedroom with reconfigured and expanded en suite bathroom. Don't miss out on this rare opportunity for a turn-key 3-3 under 3!

Investor Tools

Property Icon
$291,000
Estimated Property Value
$248,715Estimated Mortgage Balance
$42,285Estimated Equity
14% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,746 /month
Positive
Cash Flow Estimate:
$582 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$519/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,778
$201,470
2025
$25,650
$175,820
$201,470
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,778
$201,470

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Swbc Mortgage Corp
Unknown
$253,173
No
First
May 21, 2025
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$248,715
$42,285
14%
85%
$1,518/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,518/mo
$-211/mo
5.4%

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.

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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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4205 Morrow Ave | Property Details | No Agent List