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$181,044

NAL Estimated Property Value

521 E Lee St, Waco, TX, 76704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,200 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$116.58 / sqft
Year BuiltBuilt in 2007

Property Lead Type:

Absentee OwnerHigh EquityVacant Homes

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesNone

Exterior

Lot Size6,251 sqft

Building Information

Year Built2007
Stories1
Roof Type105

Land Information

APN480420000058003
Lot Number9
SubdivisionTurner-Cltn-Turner
Land UseResidential
Legal DescriptionTURNER-CLTN-TURNER LOT 9 BLOCK 5 ACRES .1435
Census Tract001500
Assessed Land Value$11,560
Assessed Improvement Value$195,300
Assessment Year2025

About this property

This well kept home offers a spacious layout with two large bedrooms, two full bathrooms, and 1,200 sqft of comfortable living. Built in 2007, it's perfect for first-time buyers, downsizers, or investors.

Investor Tools

Property Icon
$181,044
Estimated Property Value
$49,491Estimated Mortgage Balance
$131,553Estimated Equity
72% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,086 /month
Positive
Cash Flow Estimate:
$362 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$359/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,403
$181,044
2025
$11,560
$195,300
$206,860
Yes (2020)

Tax History

Year
Tax Paid
Assessed Value
2024
$3,403
$181,044

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$50,000
No
First
Oct 2, 2025
Nov 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$49,491
$131,553
72%
27%
$300/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$300/mo
+$696/mo
6.6%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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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521 E Lee St | Property Details | No Agent List