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$171,000

604 Ashleman Street, Waco, TX, 76705

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,266 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$134.2 / sqft
Year BuiltBuilt in 1950

Property Lead Type:

Off-Market ListHigh Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Bathrooms Half 1Bathrooms Half 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Water Heater, Refrigerator, Vented Exhaust Fan
FlooringCarpet, Tile, Vinyl

Exterior

Exterior FeaturesStorage
Lot Size5,602 sqft

Building Information

Year Built1950
Stories1
Roof Type105
Garage Spaces3

Land Information

APN280330000003009
Lot Number6
SubdivisionMonroe J L
Land UseResidential
Legal DescriptionMONROE J L LOT 6 BLOCK 1 ACRES .1286
Census Tract001600
Assessed Land Value$6,500
Assessed Improvement Value$136,730
Assessment Year2025

About this property

Step into this charming, well-maintained property and make it yours before the festive season! The home features original wood cabinetry throughout the kitchen, adding a touch of charm and providing plenty of extra storage space. The large bedroom boasts two spacious closets, offering ample room for all your wardrobe needs. A concrete driveway leads to the back of the property, where you'll find a covered carport complete with electrical and a small storage shed with a versatile bonus room, perfect for a home office, workshop, or hobby space. Conveniently located in the La Vega ISD, this home is just minutes from grocery stores, fast food, and other essentials. Don’t miss out on the opportunity to make this cozy, move-in-ready home yours!

Investor Tools

Property Icon
$171,000
Estimated Property Value
$0Estimated Mortgage Balance
$7,365Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,026 /month
Positive
Cash Flow Estimate:
$342 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$310/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,867
$143,230
2025
$6,500
$136,730
$143,230
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,867
$143,230

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocket Mortgage Llc
Fha
$166,822
Yes
First
Apr 23, 2025
May 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$163,635
$7,365
4%
96%
$1,001/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$1,001/mo
+$306/mo
9.2%

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.

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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