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$130,000

721 Calumet Street, Waco, TX, 76704

PendingInfo
Beds2 Beds
Baths1 Bath
Baths728 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$178.57 / sqft
Year BuiltBuilt in 1959

Property Lead Type:

Absentee OwnerHigh EquityVacant HomesMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesGas Oven, Gas Range, Gas Water Heater, Vented Exhaust Fan
FlooringCarpet, Vinyl

Exterior

Lot Size7,000 sqft

Building Information

Year Built1959
Stories1
Roof Type105
Garage Spaces1

Land Information

APN480078020411007
Lot Number14
SubdivisionCarver Park
Land UseResidential
Legal DescriptionCARVER PARK LOT 14 BLOCK 28 ACRES .1607
Census Tract001401
Assessed Land Value$12,460
Assessed Improvement Value$81,720
Assessment Year2025

About this property

Chill, easy living vibes — 721 Calumet is the kind of place that just feels right from the jump. This 2 bed, 1 bath home brings a clean, updated feel with granite countertops, a gas stove, and the big-ticket items already handled. Tucked into a quiet neighborhood, it’s the kind of spot where you can actually unwind. Out back, there’s a storage building for your extras, plus a 1-car carport that keeps your ride covered and things easy.. Low-key, move-in ready, and a solid first step into having a place of your own Agent is owner.

Investor Tools

$11,882Estimated Mortgage Balance
$122,118Estimated Equity
91% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$804 /month
Positive
Cash Flow Estimate:
$268 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$56/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
N/A
$72,178
2025
$12,460
$81,720
$94,180
No

Tax History

Year
Tax Paid
Assessed Value
2024
N/A
$72,178

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United States Fcu
Unknown
$15,000
No
First
Aug 22, 2016
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$11,882
$122,118
91%
9%
$90/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$787/mo
$90/mo
+$697/mo
7.0%

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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721 Calumet Street | Property Details | No Agent List