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$534,900

530 S Waco St, Van Alstyne, TX, 75495

On MarketInfo
CommercialInfo
Beds4 Beds
Baths3 Bath
Baths3,198 Sq Ft
Multi FamilyMulti Family
price_per_sqft$196.69 / sqft
Year BuiltBuilt in 1915

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 3Bathrooms Full 3
Garage AvailableGarage Available
AppliancesDishwasher, Disposal, Gas Range, Gas Water Heater, Refrigerator, Tankless Water Heater
FlooringHardwood, Tile, Wood

Exterior

Exterior FeaturesCourtyard, Private Yard, Storage, Other, Garden
Lot Size17,424 sqft

Building Information

Year Built1915
Stories2
Garage Spaces2

Land Information

APNV004 5013010
Lot Number3
SubdivisionSouth Side Addn
Land UseResidential
Legal DescriptionSOUTH SIDE ADDN, LOT PT 3, & ALL OF 12 FT ALLEY, ACRES .4 & ALL OF 12 FT ALLEY
Census Tract001803
Assessed Land Value$180,861
Assessed Improvement Value$291,338
Assessment Year2025

About this property

Location is what transforms a great property into a standout investment—and this one delivers on every level. Situated just minutes from Van Alstyne’s charming city center, this home places guests and tenants right in the heart of local shops, dining, and small-town atmosphere that continues to draw visitors year-round. Nearby Robert Hynds Park adds even more appeal, offering green space, walking trails, and community events that enhance the overall guest experience and increase repeat stays. With immediate access to US-75, convenience becomes a major selling point. Guests can easily travel to nearby destinations like McKinney, Sherman, and the greater North Texas region, making this an ideal hub for both weekend getaways and extended stays. That kind of accessibility is exactly what today’s short-term renters are searching for—easy to find, easy to enjoy, and easy to return to. This property is not just short-term rental friendly—it’s positioned to be one of the best-performing Airbnb-style investments in the area. The character, layout, and multiple living spaces create an experience that stands out in listings, while the historic charm offers something guests simply cannot find in newer builds. It has the look, feel, and functionality that drives higher nightly rates and stronger occupancy. Even better, this is a true turnkey opportunity. The home is ready to step directly into service as a short-term rental, allowing a new owner to begin generating income without the delays and costs of major setup. Whether marketed as a unique historic stay, a group-friendly retreat, or a work-from-anywhere escape, the vision is already built in—this is the kind of property that photographs beautifully, books consistently, and earns strong reviews. For investors looking to capture the growing demand for distinctive short-term rentals in North Texas, this property sets the bar. It is more than a home—it is an experience, a destination, and a revenue-generating asset.

Investor Tools

$251,562Estimated Mortgage Balance
$283,438Estimated Equity
52% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$3,210 /month
Positive
Cash Flow Estimate:
$1,070 /month

Interested in this property?

Scott Wandell

EXP REALTY

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$991/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$9,215
$472,199
2025
$180,861
$291,338
$472,199
No

Tax History

Year
Tax Paid
Assessed Value
2024
$9,215
$472,199

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Caliber Home Loans Inc
Conventional
$276,000
No
First
Sep 4, 2021
Oct 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$251,562
$283,438
52%
47%
$1,655/mo

City: Van Alstyne

530 S Waco St | Property Details | No Agent List