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$275,000

929 N 12th Street, Waco, TX, 76707

On MarketInfo
Just AddedInfo
CommercialInfo
Beds3 Beds
Baths3 Bath
Baths1,462 Sq Ft
Multi FamilyMulti Family
Year BuiltBuilt in 1915

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
Garage AvailableGarage Available
Heating Space/SuspendedHeating Space/Suspended
AppliancesDishwasher, Gas Range, Microwave, Refrigerator, Tankless Water Heater, Washer
FlooringWood

Exterior

Lot Size7,501 sqft

Building Information

Year Built1915
Stories1
Roof Type105
Garage Spaces2

Land Information

APN480348000139001
Lot Number13
SubdivisionReynolds
Land UseResidential
Legal DescriptionREYNOLDS LOT 13 BLOCK 239 ACRES .1722
Census Tract001200
Assessed Land Value$21,750
Assessed Improvement Value$178,520
Assessment Year2025

About this property

Turn-key investment opportunity in the heart of Waco! This fully furnished 3-bedroom, 3-bath home offers a flexible layout and is ready for its next owner. The remodeled interior features a stylish kitchen with custom cabinetry, stainless steel appliances, gas range, farmhouse sink, and pot filler. Two bedrooms feature private en-suite baths, making the layout especially appealing for short-term, mid-term, or long-term rental use. The spacious primary suite includes dual vanities, a walk-in shower, freestanding tub, and walk-in closet. Outside, enjoy a large backyard, spacious deck, and detached garage offering additional storage or future potential. Conveniently located near Baylor University, downtown Waco, Magnolia, shopping, dining, and major attractions. An excellent opportunity for an investor looking for a furnished, move-in or rental-ready property in a strong Waco location.Currently an income producing Airbnb.

Investor Tools

$127,304Estimated Mortgage Balance
$169,696Estimated Equity
57% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,782 /month
Positive
Cash Flow Estimate:
$594 /month

Interested in this property?

Jody Scoggins

Axio Real Estate LLC

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$486/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$4,349
$193,450
2025
$21,750
$178,520
$200,270
No

Tax History

Year
Tax Paid
Assessed Value
2025
$4,349
$193,450

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
The Federal Savings Bank
Conventional
$143,000
No
First
Dec 1, 2020
Jan 2051

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$127,304
$169,696
57%
43%
$858/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,307/mo
$858/mo
+$449/mo
5.3%

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: Waco

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929 N 12th Street | Property Details | No Agent List