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$365,000

927 Burgan St, Waco, TX, 76704

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,156 Sq Ft
DuplexDuplex
price_per_sqft$169.29 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyPre-ForeclosureOff-Market ListAbsentee Owner

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesElectric Oven, Electric Range, Microwave, Refrigerator

Exterior

Lot Size5,001 sqft

Building Information

Year Built2023
Stories1
Roof Type105

Land Information

APN480342000241008
Lot Number9
SubdivisionQuinn Paul
Land UseResidential
Legal DescriptionQUINN PAUL LOT 9 BLOCK 12 ACRES .1148
Census Tract001402
Assessed Land Value$9,900
Assessed Improvement Value$343,490
Assessment Year2025

About this property

INCOME GENERATING DUPLEX! Amazing opportunity for investors or house hackers to own a 2023 built duplex with identical 3 bedrooms 2 bathrooms and covered patios within the city of Waco! Similar properties are leasing for $1,700-$1,795 per unit a month. This modern duplex has an open floorplan, LVP flooring throughout and each unit comes equipped with a stove, refrigerator and microwave. Energy efficient features such as spray foam insulation and double pane windows not to mention a nice sized utility closet with WD connections. The property will be move-in-ready making it an ideal investment property for plenty of rental income potential. Centrally located in the heart of Texas minutes to TSTC and McLennan community college with convenient access to I-35 for commuters. Come and see this opportunity!

Investor Tools

Property Icon
$353,390
Estimated Property Value
$349,104Estimated Mortgage Balance
$18,472Estimated Equity
1% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,190 /month
Positive
Cash Flow Estimate:
$730 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$542/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,731
$353,390
2025
$9,900
$343,490
$353,390
No

Tax History

Year
Tax Paid
Assessed Value
2024
$4,731
$353,390

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
United Wholesale Mortgage
Fha
$349,104
Yes
First
Feb 16, 2024
Mar 2054

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$334,918
$18,472
5%
95%
$2,094/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$2,094/mo
$-787/mo
4.4%

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.

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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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927 Burgan St | Property Details | No Agent List