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$163,000

NAL Estimated Property Value

8203 Waco Avenue, Lubbock, TX, 79423

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths1,120 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$147.23 / sqft
Year BuiltBuilt in 1984

Property Lead Type:

High EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Garage AvailableGarage Available
AppliancesDishwasher, Oven, Refrigerator

Exterior

Exterior FeaturesPrivate Yard
Lot Size5,929 sqft

Building Information

Year Built1984
Garage Spaces1

Land Information

APNR76143
Lot Number90
SubdivisionBent Tree
Land UseResidential
Legal DescriptionBENT TREE L 9
Census Tract010506
Assessed Land Value$21,000
Assessed Improvement Value$121,637
Assessment Year2025

About this property

Welcome to 8203 Waco—a versatile property packed with potential for investors, house hackers, or anyone looking to generate additional income. Whether you're considering an Airbnb or short-term rental, this home offers the layout, location, and flexibility to make it happen. Step inside to find a comfortable and functional floor plan with plenty of natural light and inviting living spaces. The home provides the perfect canvas to create a stylish, guest-ready retreat that stands out in the short-term rental market. Outside, enjoy a spacious yard with room to add outdoor seating, entertainment areas, or amenities that today's guests love. With the right vision, this property could easily transform into a highly desirable stay for visitors. Conveniently located near local attractions, shopping, and dining, 8203 Waco offers easy access for both residents and guests alike—making it an ideal candidate for consistent rental demand. Whether you're looking to expand your investment portfolio or break into the short-term rental space, this property is full of opportunity. Don't miss your chance to turn this home into a profitable income-producing asset!

Investor Tools

Property Icon
$163,000
Estimated Property Value
$0Estimated Mortgage Balance
$163,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$989 /month
Positive
Cash Flow Estimate:
$330 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$289/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,650
$142,637
2025
$21,000
$121,637
$142,637
No

Tax History

Year
Tax Paid
Assessed Value
2024
$2,650
$142,637

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$163,000
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,550/mo
N/A
+$1,550/mo
11.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
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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: Lubbock

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8203 Waco Avenue | Property Details | No Agent List