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$127,000

604 N Marable St, West, TX, 76691

Off MarketInfo
Beds2 Beds
Baths1 Bath
Baths796 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.16 / sqft
Year BuiltBuilt in 1935

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesGas Range, Microwave, Refrigerator
FlooringBamboo, Ceramic Tile

Exterior

Lot Size8,250 sqft

Building Information

Year Built1935
Stories1
Roof Type105

Land Information

APN500013000049007
Lot Number5B,6A
SubdivisionDavis Last
Land UseResidential
Legal DescriptionDAVIS LAST LOT 5B 6A BLOCK 21 ACRES .1894
Census Tract004201
Assessed Land Value$27,060
Assessed Improvement Value$78,570
Assessment Year2025

About this property

This beautifully renovated cottage blends vintage charm with modern updates, creating the perfect cozy retreat. Nestled on a large fenced-in lot, this home offers a serene outdoor space with an expansive backyard full of mature trees, a fruit producing fig tree, space for a garden and room to relax with family, friends, and pets making it the perfect spot for outdoor entertaining. The remodeled interior has been thoughtfully updated preserving the homes original charm complete with durable, eco-friendly bamboo floors, updated appliances and butcher block countertops. The large front porch overlooking a beautifully landscaped front yard is the perfect place for morning coffee or evening relaxation. Located in West ISD with easy access to I35, Baylor University, downtown Waco and Hillsboro, this home checks all the boxes. Whether you're searching for a starter home, weekend retreat, or investment opportunity, this charming, move-in-ready cottage is a must-see! There is no survey; buyer will need to provide. Agent has partial ownership in property. All information provided in this listing, including but not limited to square footage, lot size, room dimensions, property condition, and features, is deemed reliable but not guaranteed. Buyers and buyer’s agents are encouraged to independently verify all details.

Investor Tools

Property Icon
$127,000
Estimated Property Value
$137,464Estimated Mortgage Balance
$0Estimated Equity
-8% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$870 /month
Positive
Cash Flow Estimate:
$290 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$238/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,221
$105,630
2025
$27,060
$78,570
$105,630
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,221
$105,630

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
New American Funding
Fha
$137,464
Yes
First
May 14, 2025
Jun 2055

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$135,044
N/A
0%
106%
$825/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$825/mo
+$171/mo
9.4%

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.

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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: West

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604 N Marable St | Property Details | No Agent List