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$195,000

691 Park Street, McGregor, TX, 76657

On MarketInfo
Beds2 Beds
Baths1 Bath
Baths1,008 Sq Ft
Condos / TownhousesCondos / Townhouses
price_per_sqft$193.45 / sqft
Year BuiltBuilt in 2018

Property Lead Type:

High Equity

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
HeatingHeating
CoolingCooling
AppliancesDishwasher, Disposal, Electric Range, Microwave
FlooringBamboo, Ceramic Tile

Exterior

Exterior FeaturesLighting
Lot Size4,879 sqft

Building Information

Year Built2018
Stories1
Roof Type105

Land Information

APN341342000001230
Lot Number23
SubdivisionMcgregor Springs Square Addition Ph 1
Land UseResidential
Legal DescriptionMCGREGOR SPRINGS SQUARE ADDITION PH 1 LOT 23 BLOCK 1 ACRES .112
Census Tract003902
Assessed Land Value$25,000
Assessed Improvement Value$149,340
Assessment Year2025

About this property

Charming corner-lot Townhome in the heart of Downtown McGregor! Discover the perfect blend of comfort, style, and convenience in this beautifully maintained 2-bedroom, 1-bathroom townhouse nestled on a desirable corner lot in the heart of downtown McGregor. Located just moments from local restaurants, boutiques, and charming shops, this home offers the peaceful atmosphere of small-town living while remaining just a short drive from all the shopping, dining, and entertainment that Waco has to offer. Designed for both everyday living and entertaining, the thoughtfully crafted open-concept living, dining, and kitchen area is enhanced by vaulted ceilings and an abundance of natural light, creating a bright and airy atmosphere. Rich bamboo wood flooring extends throughout the home, adding warmth, durability, and timeless appeal. Step outside to your own private, fully fenced backyard—perfect for relaxing, gardening, or letting pets play—while the welcoming front patio offers another inviting space to enjoy your morning coffee or unwind at the end of the day. Rarely found with a townhouse, this property also includes three assigned parking spaces, providing exceptional convenience for homeowners and guests alike. Situated within a quaint, well-maintained HOA community featuring a charming gazebo, residents enjoy a peaceful neighborhood setting with low-maintenance living. Whether you're searching for your first home, looking to downsize, or seeking a low-maintenance investment, this property offers the ideal combination of comfort, convenience, and location. Experience the best of downtown McGregor living with the tranquility of a close-knit community—all just minutes from the amenities, employers, and attractions of the greater Waco area.

Investor Tools

$0Estimated Mortgage Balance
$186,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,170 /month
Positive
Cash Flow Estimate:
$390 /month

Interested in this property?

Kyra Estrada

Graceland Real Estate

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$290/month
$250/month
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,545
$174,340
2025
$25,000
$149,340
$174,340
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,545
$174,340

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$186,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,150/mo
$250/mo
+$900/mo
7.4%

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.

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: McGregor

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