NOT LISTED FOR SALE

Estimated Value: $242,000 - $447,000

4 Beds
3 Baths
-- Sq Ft
6,186 Sq Ft Lot

Last Sold March 26, 2024

Current estimated payment $2,475/month

About This Home

As of March 2024

NOW OFFERING $5,000 TOWARDS CLOSING COSTS WITH AN ACCEPTABLE OFFER! Explore a rare opportunity within the City of Waco, featuring a newly constructed move-in-ready DUPLEX near downtown, The Silos, MCC and Baylor. Rent out a unit for a steady income and use the other unit as a short term rental, rent both units out or use both units as short term rentals. MANY POSSIBILITIES! Each of both units presents identical 3 bedrooms 3 bathrooms 1 car garage that boasts 1,484 SQF of prime living space and a chefs kitchen featuring a microwave, stove and a refrigerator. Similar properties estimated leases are $1,900-$2,100 Per Unit a month ensuring robust cash flow potential. This modern duplex has an open floorplan and LVP flooring throughout. Energy efficient features such as spray foam insulation and double pane windows not to mention a nice sized utility closet with WD connections. Whether you're a first-time homebuyer looking to invest or a seasoned investor seeking a high-cap-rate property, this duplex is your gateway to success. This is a great way to own a property which allows the tenants to pay the mortgage and for investors the potential for significant long-term gains.

Last Agent to Sell the Property

Paloma Montes

White Label Realty License #0763840 Listed on: 03/07/2024

Last Buyer's Agent

Ashton Gustafson

AG Real Estate & Associates License #0540858

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,204

Year Built

  • Built in 2023

Lot Details

  • 6,186

Parking

  • Paved Parking

Home Design

  • Duplex
  • Composition Roof
  • Siding

Additional Features

  • Microwave
  • Patio
  • Central Heating and Cooling System

Community Details

  • 4 Units
  • 2,968 Sq Ft Building
  • Baker Heights Subdivision

Listing and Financial Details

  • Tenant pays for electricity, sewer, water
  • Legal Lot and Block 3 / 7
  • Assessor Parcel Number 162378
  • $311 per year unexempt tax

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,204

Year Built

Built in 2023

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Ratio Current Price By Building: 143.19407
  • Special Features: NewHome

Interior Features

  • Fireplace Features: None
  • Appliances: Microwave
  • Appliances: Yes

Exterior Features

  • Roof: Composition
  • Construction Materials: Siding
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Paved
  • OpenParkingYN: No

Utilities

  • Heating: Central, Electric
  • Utilities: Sewer Available

Schools

  • School District: Waco ISD
  • School District: Waco ISD

Lot Info

  • Parcel Number: 162378

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Sewer, Water

Building Info

  • Year Built: 2023
  • Units Total: 4

Tax Info

  • Unexempt Taxes: 311
  • TaxBlock: 7
  • Tax Lot: 3

Multi Family

  • Unit Count: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2024
Closed on
Mar 26, 2024
Sold by
Carbajal Antonio Lopez and Acuna Bertha Zabaleta
Bought by
Gonzalez Ricky Joe
Seller's Agent
Paloma Montes
White Label Realty
Buyer's Agent
Ashton Gustafson
AG Real Estate & Associates
Views
168
Current Estimated Value
$386,452

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.18%
Original Mortgage
$425,000
Interest Rate
6.77%
Mortgage Type
VA

Purchase Details

Closed on
Jun 23, 2023
Sold by
Rearden Partners Capital Llc
Bought by
Carbajal Antonio Lopez and Acuna Bertha Zabaleta

Purchase Details

Closed on
Mar 10, 2023
Sold by
Stewart Nelson John
Bought by
Rearden Partners Capital Llc
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gonzalez Ricky Joe -- First Title Company
Carbajal Antonio Lopez -- None Listed On Document
Rearden Partners Capital Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gonzalez Ricky Joe $426,275
Closed Gonzalez Ricky Joe $425,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2024 03/26/24 Sold -- -- --
03/07/2024 03/07/24 Pending -- -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,204 $418,280 $13,900 $404,380
2024 $8,865 $392,980 $13,890 $379,090
2023 $311 $13,890 $13,890 $0
2022 $304 $12,090 $12,090 $0
2021 $195 $7,320 $7,320 $0
2020 $188 $6,940 $6,940 $0
2019 $187 $6,630 $6,630 $0
2018 $180 $6,320 $6,320 $0
2017 $171 $6,010 $6,010 $0
2016 $168 $5,890 $5,890 $0
2015 $113 $5,830 $5,830 $0
2014 $113 $4,000 $4,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 219772

North Texas Real Estate Information Systems (NTREIS)

APN: 48-002000-013200-0