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$309,500

4216 Morrow Ave, Waco, TX, 76710

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,795 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$133.65 / sqft
Year BuiltBuilt in 1952

Property Lead Type:

Off-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Refrigerator, Vented Exhaust Fan
FlooringTile, Wood

Exterior

Exterior FeaturesRain Gutters
Lot Size11,252 sqft

Building Information

Year Built1952
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480382000185004
Lot Number10
SubdivisionSouth Overlook
Land UseResidential
Legal DescriptionSOUTH OVERLOOK LOT 10 BLOCK O ACRES .2583
Census Tract002498
Assessed Land Value$25,650
Assessed Improvement Value$283,850
Assessment Year2025

About this property

Lovely traditional home in the heart of Waco. The home has many of the original details like the wood floors, paneled kitchen and tile floors in the bathrooms. The gorgeous wooden front doors opens to a spacious living/dining area. The master has it's own bathroom with shower and a adorable built-in dressing table. On of the secondary bedrooms has knotty pine paneled walls and a door to the sun-porch. Spend plenty of time on the year around sun porch looking out into a large backyard as the home sits on .26 acres. A detached garage has plenty of space for you car or your hobbies. Brand new roof installed April 19th!

Investor Tools

Property Icon
$309,500
Estimated Property Value
$240,562Estimated Mortgage Balance
$77,583Estimated Equity
22% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,857 /month
Positive
Cash Flow Estimate:
$619 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$516/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,639
$309,500
2025
$25,650
$283,850
$309,500
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,639
$309,500

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$240,562
Yes
First
May 31, 2024
Jun 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$231,917
$77,583
25%
75%
$1,443/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,443/mo
$-136/mo
5.1%

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.

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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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4216 Morrow Ave | Property Details | No Agent List