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$97,000

504 Lottie St Lot Tie, Waco, TX, 76704

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,148 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$130.66 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Gas Range, Gas Water Heater, Refrigerator
FlooringVinyl

Exterior

Lot Size7,000 sqft

Building Information

Year Built1930
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480456000005000
Lot Number24
SubdivisionWitt
Land UseResidential
Legal DescriptionWITT LOT 24 BLOCK 1 ACRES .1607
Census Tract001500
Assessed Land Value$8,680
Assessed Improvement Value$40,865
Assessment Year2025

About this property

Move-in ready and recently updated, this 3-bedroom, 1-bath home offers 1,148 sq ft of open living space. Updates include brand-new plumbing (supply and sewer), foundation leveling, a new roof, new flooring, new doors, and a new HVAC system! Enjoy abundant natural light, an up-and-coming neighborhood, and the added privacy of no neighbors on either side. Located in a quiet East Waco area, this property is ideal as a cash-flowing rental or an affordable first home. Need more room? The adjacent vacant lot at 508 Lottie is also available for purchase.

Investor Tools

Property Icon
$97,000
Estimated Property Value
$135,000Estimated Mortgage Balance
$0Estimated Equity
-39% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$900 /month
Positive
Cash Flow Estimate:
$300 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$118/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$933
$49,545
2025
$8,680
$40,865
$49,545
No

Tax History

Year
Tax Paid
Assessed Value
2024
$933
$49,545

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Ameritrust Mortgage Corp
Conventional
$135,000
No
First
Jan 5, 2026
Feb 2056

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$134,219
N/A
0%
138%
$810/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$810/mo
+$497/mo
16.2%

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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504 Lottie St Lot Tie | Property Details | No Agent List