Real opportunities. Driven by live market signals.
Updated every minute.

Browse Homes — Buy Direct, Deal on Your Terms

Updated Properties Icon
Updated Properties
Last 24 HoursLast 24 Hours
Gallery image 2
Gallery image 3
Gallery image 4
Gallery image 5

$250,000

601 Ashburn St, Waco, TX, 76704

PendingInfo
CommercialInfo
Baths6,562 Sq Ft
BusinessBusiness
Year BuiltBuilt in 1965

Highlights

Interior

Heating CentralHeating Central
CoolingCooling
FlooringCarpet

Exterior

Lot Size24,829 sqft

Building Information

Year Built1965
Stories1
Roof Type105

Land Information

APN480013000037015
Lot Number13
SubdivisionAshburn
Land UseCommercial
Legal DescriptionASHBURN LOT 13 BLOCK 4 ACRES .57
Census Tract001401
Assessed Land Value$86,900
Assessed Improvement Value$305,260
Assessment Year2025

About this property

This commercial property offers endless potential with its generous square footage and versatile layout. Formerly used as a funeral home, the building features multiple large rooms, office space, and storage areas, making it adaptable for a wide variety of business opportunities. While it does need some remodeling, the solid structure provides a strong foundation for your vision—whether retail, office, service-based business, or specialized use. (Remember to check zoning requirements for the business you want to locate here.) Conveniently located just off Waco Drive, this property offers excellent visibility and accessibility with steady traffic flow. With ample space and a prime location, this is a unique opportunity to create the business environment you need.

Investor Tools

$0Estimated Mortgage Balance
$226,584Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,500 /month
Positive
Cash Flow Estimate:
$500 /month

Interested in this property?

Run an Owner Lookup!

Unlock Owner Contacts

Want alerts when something changes with this property?

Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$449/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,259
$226,584
2025
$86,900
$305,260
$392,160
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,259
$226,584

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$226,584
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

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

No Agent List Top Properties.

These are Deal List properties graded A+, A.

Loading properties...

Sold Properties

Loading properties...

601 Ashburn St | Property Details | No Agent List