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$234,183

619 Richland Dr, Waco, TX, 76710

Off MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,657 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$95.96 / sqft
Year BuiltBuilt in 1964

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesDishwasher, Electric Cooktop, Vented Exhaust Fan
FlooringCarpet, Concrete, Laminate, Linoleum, Varies

Exterior

Lot Size11,957 sqft

Building Information

Year Built1964
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480349050001009
Lot Number1
SubdivisionRichland Hills
Land UseResidential
Legal DescriptionRICHLAND HILLS LOT 1 BLOCK A ACRES .2745
Census Tract002302
Assessed Land Value$32,650
Assessed Improvement Value$204,310
Assessment Year2025

About this property

Investor Special – Fix & Flip or Buy-and-Hold Opportunity! Built in 1964, this property offers a centralized location in Waco with great curb appeal! The private back patio provides a great space for outdoor seating or entertaining. Inside, you’ll find an open floor plan that allows for open inviting living, dining and kitchen space. The kitchen is equipped to accommodate electric appliances, leading to the attached two car garage and laundry. The home includes three well-sized bedrooms, each with closet space and comfortable layouts, one of which is the primary suite with bathroom. The fourth room is a multipurpose room that can be a fourth bedroom or dining-separate living den or office. This property presents a strong investment opportunity, requiring updates and cosmetic improvements to reach its full potential. Ideal for a fix-and-flip project or a long-term rental hold. Property is being sold as-is. Buyers are encouraged to review the seller’s disclosure and perform their own due diligence, including evaluating after-repair value (ARV).

Investor Tools

Property Icon
$234,183
Estimated Property Value
$0Estimated Mortgage Balance
$234,183Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,405 /month
Positive
Cash Flow Estimate:
$468 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$231/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,596
$234,183
2025
$32,650
$204,310
$236,960
Yes (2022)

Tax History

Year
Tax Paid
Assessed Value
2024
$1,596
$234,183

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$234,183
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
N/A
+$1,307/mo
6.7%

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: Waco

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619 Richland Dr | Property Details | No Agent List