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$175,000

NAL Estimated Property Value

805 E Clay St, Waco, TX, 76704

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths960 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$169.79 / sqft
Year BuiltBuilt in 1912

Property Lead Type:

Off-Market ListAbsentee OwnerMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 1Bathrooms Full 1
AppliancesGas Water Heater
FlooringTile, Vinyl

Exterior

Lot Size7,000 sqft

Building Information

Year Built1912
Stories1
Roof Type105

Land Information

APN480353000099002
Lot Number4
SubdivisionRiverside
Land UseResidential
Legal DescriptionRIVERSIDE LOT 4 BLOCK 18 ACRES .1607
Census Tract001500
Assessed Land Value$21,560
Assessed Improvement Value$129,560
Assessment Year2025

About this property

The most charming home in all of Waco! Completely renovated by the gentlemen of Homestead Heritage, this cozy home boasts open concept living areas, high ceilings, luxury vinyl plank flooring and a pleasing color palette. Pretty granite and custom cabinetry give a high-end feel to the kitchen and bathrooms. The bathrooms each have on-trend vessel sinks, and the kitchen has a large farm sink! You will be sure to enjoy the gas stove in the kitchen, as well as the ample storage. This home offers loads of extra features including a sliding barn door, farm house light fixtures on dimmers, crown molding, soffit lighting, recessed lighting, framed windows and even shiplap! This renovation left no leaf unturned with updated amenities and soundness that are exceedingly difficult to find at this low price point: tankless hot water, nearly new roof and HVAC, new windows, new texture and paint throughout, and a generous, ultra private back yard with an 8 foot privacy fence! Located inside the Baylor bubble, this home would be ideal for a first time home buyer, or an investor looking to grow his or her rental portfolio. Extremely well-maintained and obvious pride of ownership. This house is an absolute gem and packs a punch by using every square foot to its advantage!

Investor Tools

Property Icon
$175,000
Estimated Property Value
$138,954Estimated Mortgage Balance
$36,046Estimated Equity
20% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,050 /month
Positive
Cash Flow Estimate:
$350 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$224/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,812
$151,120
2025
$21,560
$129,560
$151,120
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,812
$151,120

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Great Western Financial Services Inc
Conventional
$154,230
No
First
Mar 16, 2021
Apr 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$138,954
$36,046
20%
79%
$925/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$996/mo
$925/mo
+$71/mo
6.8%

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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805 E Clay St | Property Details | No Agent List