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$266,000

NAL Estimated Property Value

523 Garland Ave, Waco, TX, 76707

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,806 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$202.1 / sqft
Year BuiltBuilt in 1912

Property Lead Type:

Off-Market ListAbsentee OwnerVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesDisposal, Ice Maker, Microwave, Refrigerator, Electric Water Heater
FlooringWood

Exterior

Exterior FeaturesRain Gutters
Lot Size6,011 sqft

Building Information

Year Built1912
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480404000015003
Lot NumberB
SubdivisionTaylor & Chamberlain
Land UseResidential
Legal DescriptionTAYLOR & CHAMBERLAIN LOT B BLOCK 13 ACRES .138
Census Tract001300
Assessed Land Value$19,060
Assessed Improvement Value$139,738
Assessment Year2025

About this property

Stunningly beautiful short-term rental, just minutes from downtown Waco, and only two blocks from the Cameron Park Zoo. Fully renovated in 2019, this 4 bedroom, 3 bath house can sleep 12 guests, and is absolutely one-of-a-kind. So much of the 1912 character has been preserved, like in the restoration of the original shiplap and hardwood floors. The open kitchen and dining area are simply gorgeous, with quartz countertops, expansive cabinets and storage space, board and batten siding, and all the modern amenities. The main hallway through the middle of the house shows off the 12-foot ceilings as it leads past the bedrooms toward the gorgeous custom full-wall mural in the second living area. The charming covered front porch and ample parking space is great for entertaining. All major systems were fully updated in the 2019 renovation, and short term rental bookings began in 2020. Excellent investment opportunity, or move in ready future home. Impeccably designed and carefully maintained, make your appointment to see this beauty today!

Investor Tools

Property Icon
$266,000
Estimated Property Value
$256,266Estimated Mortgage Balance
$9,734Estimated Equity
3% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$409/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$3,582
$158,798
2025
$19,060
$139,738
$158,798
No

Tax History

Year
Tax Paid
Assessed Value
2024
$3,582
$158,798

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Key Bank Na
Conventional
$266,250
No
First
Apr 1, 2024
Apr 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$256,266
$9,734
3%
96%
$1,597/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,597/mo
$-290/mo
5.9%

City: Waco

523 Garland Ave | Property Details | No Agent List