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$239,000

NAL Estimated Property Value

817 Fort Gates, Waco, TX, 76708

Off MarketInfo
Beds2 Beds
Baths2 Bath
Baths1,204 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$182.64 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
Garage AvailableGarage Available
HeatingHeating
CoolingCooling
AppliancesVented Exhaust Fan, Gas Water Heater
FlooringLaminate, Tile

Exterior

Lot Size12,545 sqft

Building Information

Year Built1984
Stories1
Roof Type105
Garage Spaces2

Land Information

APN140385050087009
Lot Number1-4
SubdivisionStation Creek
Land UseResidential
Legal DescriptionSTATION CREEK LOT 1 2 3 4 BLOCK 18 ACRES 0.288
Census Tract004104
Assessed Land Value$80,440
Assessed Improvement Value$69,560
Assessment Year2025

About this property

A rare find in Bosqueville ISD just minutes to downtown Waco and beautiful Cameron Park. Completely remodeled 2BR/2BA/2 car garage set on 4 lots. The extra lots offer plenty of parking! Step inside to a light and bright open floor plan. Enjoy the perfect blend of modern yet warm style with a concrete finish on the fireplace, fresh white walls and wood accents. The updated kitchen features new cabinetry, butcher block counters, subway tile backsplash. stainless appliances, white farm sink, sleek new fixtures and a custom island that makes a great dining table. Both baths updated with new tubs, stylish tile, vanities with marble tops and fixtures. Plenty of room in the spacious bedrooms. Primary suite features door to quaint courtyard area. New laminate wood flooring, fresh interior and exterior paint, lighting and fixtures throughout. Central Heat & Air and garage door recently replaced (Fall 2021). Roof replaced in Spring of 2021. You'll be ready to move right in!

Investor Tools

Property Icon
$239,000
Estimated Property Value
$128,328Estimated Mortgage Balance
$110,672Estimated Equity
46% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,434 /month
Positive
Cash Flow Estimate:
$478 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$297/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,369
$150,000
2025
$80,440
$69,560
$150,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,369
$150,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Fairway Independent Mortgage Corp
Conventional
$140,000
No
First
Dec 17, 2021
Jan 2052

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$128,328
$110,672
46%
54%
$840/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,010/mo
$840/mo
+$170/mo
5.1%

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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817 Fort Gates | Property Details | No Agent List