NOT LISTED FOR SALE

1827 Proctor Ave Unit A & B Waco, TX 76708

North Waco Neighborhood

Estimated Value: $168,020 - $221,000

3 Beds
2 Baths
1,257 Sq Ft
$163/Sq Ft Est. Value

Sale Details

Date Sold: June 6, 2022

Current estimated payment $1,369 / mo

About This Home

As of June 2022

DUPLEX - GREAT INVESTMENT OPPORTUNITY!! It has excellent Cash Flow at 8.2% CAP rate!!! Rents for $2000 a month, tenants pay all utilities.
Terrific location, close to downtown Waco. Recently updated in 2019 with new kitchen, flooring, and fresh paint. Foundation was leveled in Jan 2022.
Each unit is 2 bed/1 bath and currently rented for $1000/month per unit. Do nothing and start collecting rent!
Zoned C-2, exciting potential to be an Airbnb with easy access to Cameron Park Zoo and Magnolia Silos.
DO NOT DISTURB TENANTS.

Last Agent to Sell the Property

Julia Swank

NextHome Our Town License #0770923 Listed on: 05/21/2022

Last Buyer's Agent

Julia Swank

NextHome Our Town License #0770923 Listed on: 05/21/2022

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1917

Lot Details

  • 5,271

Home Design

  • Duplex
  • Composition Roof
  • Siding

Parking

  • Gravel Driveway
  • On-Street Parking

Outdoor Features

  • Covered Patio or Porch

Utilities

  • Window Unit Cooling System
  • High Speed Internet
  • Cable TV Available

Community Details

  • 2 Units
  • 1,257 Sq Ft Building
  • University Heights Subdivision

Listing and Financial Details

  • Tenant pays for electricity, trash collection, sewer, water
  • Legal Lot and Block A8 / 101
  • Assessor Parcel Number 194859
  • $1,937 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1917

Lot Details

5,271 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Ratio Current Price By Building: 171.83771
  • Special Features: None

Interior Features

  • Fireplace Features: None
  • Interior Amenities: High Speed Internet Available, Cable TV Available
  • Appliances: Refrigerator
  • Appliances: Yes

Exterior Features

  • Roof: Composition
  • Construction Materials: Siding
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Other, Window Unit(s)
  • Parking Features: Gravel, On Street
  • OpenParkingYN: No

Utilities

  • Heating: Other
  • Utilities: Sewer Available

Schools

  • School District: Waco ISD

Lot Info

  • Parcel Number: 194859
  • Zoning Description: C-2

Rental Info

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

Building Info

  • Year Built: 1917
  • Units Total: 2

Tax Info

  • Unexempt Taxes: 1937
  • TaxBlock: 101
  • Tax Lot: A8

Multi Family

  • Unit Count: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2022
Closed on
Jun 6, 2022
Sold by
Bought by
Seller's Agent
Julia Swank
NextHome Our Town
Buyer's Agent
Julia Swank
NextHome Our Town
Current Estimated Value
$205,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.18%

Purchase Details

Closed on
Jan 21, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,833
Interest Rate
2.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 28, 2020
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,400
Interest Rate
3.2%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Feb 27, 2019
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,250
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in North Waco, TX

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- First Community Title
-- None Available
-- None Available
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $140,833
Previous Owner $100,400
Previous Owner $225,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/06/2022 06/06/22 Sold -- -- --
05/21/2022 05/21/22 Pending -- -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,863 $133,870 $12,390 $121,480
2024 $2,863 $126,920 $12,390 $114,530
2023 $2,116 $94,400 $12,390 $82,010
2022 $2,227 $88,460 $10,750 $77,710
2021 $1,991 $74,890 $6,540 $68,350
2020 $1,559 $57,500 $6,170 $51,330
2019 $1,535 $54,570 $5,880 $48,690
2018 $1,431 $50,370 $5,620 $44,750
2017 $1,315 $46,140 $5,360 $40,780
2016 $1,169 $41,000 $5,250 $35,750
2015 $1,218 $41,000 $5,150 $35,850
2014 $1,218 $43,280 $4,000 $39,280
Source: Public Records

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 206409

North Texas Real Estate Information Systems (NTREIS)

APN: 48-042400-081600-4

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