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Days49Days on Market
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$59,999

$65,000

915 Turner Street, Waco, TX, 76704

$77,999 ARVInfo
On MarketInfo
Price DropInfo
Beds3 Beds
Baths1 Bath
Baths1,332 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$45.04 / sqft
Year BuiltBuilt in 1930

Property Lead Type:

Deal ListARV FlipAbsentee OwnerHigh EquityCash BuyersVacant Homes

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 1Bathrooms Full 1
Heating Space/SuspendedHeating Space/Suspended
AppliancesNone

Exterior

Lot Size7,061 sqft

Building Information

Year Built1930
Stories1
Roof Type105

Land Information

APN480013000083000
Lot NumberA4
SubdivisionAshburn
Land UseResidential
Legal DescriptionASHBURN LOT A4 B3 BLOCK 11 ACRES .1621
Census Tract001401
Assessed Land Value$12,500
Assessed Improvement Value$106,070
Assessment Year2025

About this property

***Seen Better Days Special*** Prime investment opportunity! This property offers exceptional upside for fix-and-flip, BRRRR, or long-term buy-and-hold investors looking to tap into Waco’s thriving student rental market. Located near campus, this home sits in a high-demand area where rental need stays consistently strong due to proximity to McLane Stadium, academic buildings, athletic facilities, and popular student amenities. Ideal layout for modernization or reconfiguration to maximize bedrooms and rental income. Strong bones, solid lot, and excellent access to shopping, restaurants, downtown Waco, and major corridors. Perfect for investors seeking steady rental demand, high occupancy potential, and a proven value-add opportunity close to one of Texas’s most reliable campus housing markets. Bring your vision and your strong back, this flip is not for the faint of heart.

Investor Tools

$0Estimated Mortgage Balance
$118,570Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)*
$77,999
Rent-to-Value Ratio: 0.72%
Rent Estimate
$711 /month
Positive
Cash Flow Estimate:
$237 /month

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Salvador Caballero

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$274/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$2,696
$118,570
2025
$12,500
$106,070
$118,570
Yes (2021)

Tax History

Year
Tax Paid
Assessed Value
2024
$2,696
$118,570

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$118,570
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
13.2%

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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