NOT LISTED FOR SALE

261 Joanne Dr Waco, TX 76705

Estimated Value: $273,000 - $295,000

3 Beds
2 Baths
2,880 Sq Ft
$99/Sq Ft Est. Value

About This Home

Great investment opportunity with three separate rental homes all on one acre. These homes have maintained occupancy, as the number of renters in the area are ample with limited rental inventory. Either start growing your rental portfolio or expand an existing one with this grouping. The property includes three separate rentals 253-257-261 Joanne Drive and rents for a total of $3,500 per month. 253-257 Joanne Drive are both 2 bed 2 bath and 261 Joanne Drive is 3 bed 2 bath.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2009
Sold by
Torcoletti Stephen Anthony and Torcoletti Kristen Renee
Bought by
Haley Dan
Current Estimated Value
$285,000

Purchase Details

Closed on
Nov 29, 2004
Sold by
Cureton Beverly
Bought by
Torcoletti Stephen Anthony and Torcoletti Kristen Renee
Source: Public Records

Range of Values:

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

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ICE

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First American

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Quantarium

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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
Haley Dan -- None Available
Torcoletti Stephen Anthony -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2025 06/14/25 Price Changed $285,000 -10.8% $99 / Sq Ft
03/13/2025 03/13/25 For Sale $319,500 -- $111 / Sq Ft

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 $2,537 $246,000 $22,980 $223,020
2024 $2,537 $218,470 $22,980 $195,490
2023 $2,561 $218,180 $22,980 $195,200
2022 $2,705 $190,940 $20,890 $170,050
2021 $2,525 $149,840 $18,100 $131,740
2020 $944 $53,260 $17,690 $35,570
2019 $478 $25,370 $15,920 $9,450
2018 $469 $24,610 $15,600 $9,010
2017 $354 $18,400 $9,050 $9,350
2016 $354 $18,400 $9,050 $9,350
2015 $377 $18,650 $9,050 $9,600
2014 $377 $19,430 $9,050 $10,380
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2025

    Trent Huffhines

    Bentwood Realty

    (254) 744-7519

    69 Total Sales

    Trent Huffhines
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Map

Texas Mclennan County Waco 76705

261 Joanne Dr, Waco, TX

Not Listed for Sale

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