NOT LISTED FOR SALE

Estimated Value: $209,000 - $244,000

3 Beds
2 Baths
1,344 Sq Ft
$172/Sq Ft Est. Value

Last Sold July 08, 2025

Current estimated payment $1,391/month

27 Days on Market

Highlights

  • Open Floorplan
  • Traditional Architecture
  • Covered Patio or Porch
  • Deck
  • Lawn
  • 1-Story Property

About This Home

As of July 2025

Welcome to 2406 Gorman Avenue, a unique opportunity in Waco zoned for commercial use, offering flexibility for both residential and business purposes. This spacious 3-bedroom, 2-bath property features an open-concept layout that blends functionality with comfort, ideal for modern living or a creative workspace. The majority of the remodel has already been completed, showcasing updated features and thoughtful design — all that's left is the finishing touch to make it your own. Permits have been properly pulled for all completed work, giving you peace of mind as you bring your vision to life. Whether you're looking to invest, establish a business, or create a stylish home, this versatile property offers incredible potential in a convenient location.

Last Agent to Sell the Property

Kyle Weissler

EG Realty License #739367 Listed on: 04/23/2025

Last Buyer's Agent

Kyle Weissler

EG Realty License #739367 Listed on: 04/23/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,143

Year Built

  • Built in 1925

Lot Details

  • 8,233 Sq Ft Lot
  • Partially Fenced Property
  • Wood Fence
  • Chain Link Fence
  • Few Trees
  • Lawn
  • Back Yard

Parking

  • On-Street Parking

Home Design

  • Traditional Architecture
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1,344 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Deck
  • Covered Patio or Porch

Schools

  • Crestview Elementary School
  • Tennyson Middle School
  • Waco High School

Utilities

  • Central Heating and Cooling System

Community Details

  • West End Subdivision

Listing and Financial Details

  • Legal Lot and Block 4 / U
  • Assessor Parcel Number 480438000214001

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,143

Year Built

Built in 1925

Lot Details

8,233 Sq Ft Lot

Listing Details

  • OWNERNAME: REI CAPITAL LLC
  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Architectural Style: Traditional, Detached
  • Unit Levels: One
  • Co List Office Mls Id: A829589985
  • Structure Type: House
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48309:480438000214001
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 1344.0
  • Fireplace Features: Living Room, Wood Burning
  • Interior Amenities: Open Floorplan
  • Flooring: Vinyl
  • Basement YN: No
  • Fireplaces: 1

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Fencing: Back Yard, Chain Link, Partial, Wood
  • Roof: Composition
  • Pool Features: None
  • Patio And Porch Features: Deck, Front Porch, Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: On Street
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Crestview
  • High School: Waco
  • Junior High Dist: Waco ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Features: Back Yard, Lawn, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.189
  • Parcel Number: 480438000214001
  • Lot Size Acres: 0.189
  • Lot Size Sq Ft: 8232.84

Building Info

  • Year Built: 1925

Tax Info

  • TaxBlock: U
  • Tax Lot: 4
  • Tax Annual Amount: 2143.0

MLS Schools

  • MiddleOrJuniorSchool: Tennyson

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2025
Closed on
Jul 7, 2025
Sold by
Rei Capital Llc and Rei Capital Funds Llc
Bought by
Melody Is My Boss Llc
Seller's Agent
Kyle Weissler
EG Realty
Buyer's Agent
Kyle Weissler
EG Realty
List Price
$150,000
Views
130
Current Estimated Value
$230,300

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
85.62%
Original Mortgage
$147,350
Outstanding Balance
$145,900
Interest Rate
6.89%
Mortgage Type
Construction
Estimated Equity
$85,378

Purchase Details

Closed on
Oct 19, 2022
Sold by
Waco Flips Llc
Bought by
Rei Capital Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Melody Is My Boss Llc -- None Listed On Document
Rei Capital Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melody Is My Boss Llc $147,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2025 07/08/25 Sold -- -- --
05/20/2025 05/20/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $150,000 -- $112 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

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 $2,143 $225,460 $24,590 $200,870
2024 $2,143 $95,000 $24,590 $70,410
2023 $2,777 $123,850 $24,590 $99,260
2022 $2,819 $111,980 $21,370 $90,610
2021 $2,249 $84,600 $12,950 $71,650
2020 $2,066 $76,180 $12,290 $63,890
2019 $1,893 $67,290 $11,720 $55,570
2018 $1,876 $66,010 $11,140 $54,870
2017 $1,442 $50,590 $10,640 $39,950
2016 $1,316 $46,170 $10,400 $35,770
2015 $1,013 $36,000 $7,000 $29,000
2014 $1,013 $36,000 $7,000 $29,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20912784

North Texas Real Estate Information Systems (NTREIS)

APN: 48-043800-021400-1

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