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$207,670

NAL Estimated Property Value

703 N Scarlett Dr, Waco, TX, 76705

Off MarketInfo
Beds3 Beds
Baths1 Bath
Baths1,181 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$173.58 / sqft
Year BuiltBuilt in 1960

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesGas Range, Range
FlooringCarpet, Laminate

Exterior

Lot Size8,398 sqft

Building Information

Year Built1960
Stories1
Roof Type105
Garage Spaces4

Land Information

APN200381000175003
Lot Number2B
SubdivisionPassmore
Land UseResidential
Legal DescriptionPASSMORE LOT 2B BLOCK 14 ACRES .1928
Census Tract003200
Assessed Land Value$33,180
Assessed Improvement Value$174,490
Assessment Year2025

About this property

Immaculate and cute, this 3 bedroom, 1 bath home has wonderful curb appeal and farmhouse accents throughout! You will enjoy a neutral and bright color palette throughout the functional floor plan that also includes a second living space and a large laundry room. The exterior includes a 2 car garage and detailed landscaping. Also, it’s got a new central heat and air system and a hot water heater. This home would be perfect for a first time home buyer, investor or anyone looking for something move-in ready!

Investor Tools

Property Icon
$207,670
Estimated Property Value
$0Estimated Mortgage Balance
$207,670Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,246 /month
Positive
Cash Flow Estimate:
$415 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$517/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$5,166
$207,670
2025
$33,180
$174,490
$207,670
No

Tax History

Year
Tax Paid
Assessed Value
2024
$5,166
$207,670

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$207,670
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
7.6%

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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703 N Scarlett Dr | Property Details | No Agent List