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$170,000

505 W Columbus Street, West, TX, 76691

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths996 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$170.68 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesGas Cooktop

Exterior

Lot Size5,702 sqft

Building Information

Year Built1930
Stories1
Roof Type105
Garage Spaces2

Land Information

APN500015000101000
Lot NumberC11
SubdivisionD & M
Land UseResidential
Legal DescriptionD & M LOT C11 B12 BLOCK 10 ACRES .1309
Census Tract004201
Assessed Land Value$21,600
Assessed Improvement Value$101,220
Assessment Year2025

About this property

Charming and full of character, this 3 bedroom, 1 bath home in the heart of West offers functionality and a great location all in one. Sitting on a generous lot shaded by mature trees, the inviting blue exterior and welcoming front entry set the tone from the moment you arrive. Inside, you will find multiple living spaces including a spacious main living area plus an additional bonus room, giving you flexibility for everyday living, entertaining, or even a home office setup. The eat-in kitchen offers plenty of cabinet storage, a gas cooktop, and room for dining. All three bedrooms are nicely sized with great natural light, and the layout provides a comfortable flow throughout the home. The bathroom features an updated walk-in shower and a clean, functional design. Step outside to a large backyard with a patio area, perfect for relaxing or hosting. The oversized covered carport provides ample parking and includes attached storage areas for tools, hobbies, or extra space. Located just minutes from I-35 with easy access to Waco and surrounding areas, this property offers small town living with everyday convenience. Zoned to West ISD and positioned near local shops and dining, this home is a great opportunity whether you are looking for a primary residence, investment property, or something you can make your own.

Investor Tools

Property Icon
$170,000
Estimated Property Value
$0Estimated Mortgage Balance
$148,713Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,020 /month
Positive
Cash Flow Estimate:
$340 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$287/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,592
$122,820
2025
$21,600
$101,220
$122,820
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,592
$122,820

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Smi Financial Services Llc
Conventional
$50,000
No
First
Mar 31, 2005
Apr 2035

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$21,287
$148,713
87%
13%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$300/mo
+$696/mo
7.0%

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: West

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