NOT LISTED FOR SALE

Estimated Value: $120,000 - $143,738

2 Beds
1 Bath
828 Sq Ft
$159/Sq Ft Est. Value

Last Sold January 21, 2025

Current estimated payment $932/month

8 Days on Market

Highlights

  • No HOA
  • Accessible Doors
  • Attached Carport
  • Living Room
  • 1-Story Property
  • Central Heating and Cooling System

About This Home

As of January 2025

Incredible investment opportunity in a thriving Waco rental market. This 2 bedroom, 1 bathroom house is conveniently located in the middle of Waco just minutes from Baylor University, downtown Waco, the Magnolia Silos, and so much more. This property features and easy access ramped entrance, large fenced backyard, a spacious storage shed, and a one car garage. Already being tenant occupied, this property serves well as an operating long term investment and valuable asset.

Last Agent to Sell the Property

Kirk Regian

EG Realty Brokerage Phone: (254) 218-4220 License #0635810 Listed on: 12/11/2024

Last Buyer's Agent

Non Member

Non Member License #785011

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1949

Lot Details

  • 9,583 Sq Ft Lot
  • East Facing Home
  • Chain Link Fence
  • 163962
  • Property is in good condition

Parking

  • 1 Car Garage
  • Attached Carport

Home Design

  • Pillar, Post or Pier Foundation
  • Frame Construction
  • Composition Roof

Interior Spaces

  • 828 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room
  • Range

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Schools

  • Outside School District Elementary And Middle School
  • Outside School District High School

Additional Features

  • Accessible Doors
  • Rain Gutters
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Belmont Gardens 1 & 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 480039000036000
  • Tax Block 4

Home Details

Home Type

Single Family

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Year Built: 1949
  • Additional Parcels Description: 163962
  • Additional Parcels: Yes
  • Direction Faces: East
  • Directions: Head southwest on Washington Ave toward N 23rd St, Turn right at the 3rd cross street onto N 25th St, Turn left onto Colcord Ave, Turn right onto N 39th St, Turn left onto Parrott Ave
  • Disclosures: None
  • Fencing: Chain Link
  • Garage Spaces: 1
  • Green Energy Efficient: None
  • Green Sustainability: None
  • Levels: One
  • Living Area: 828
  • Other Structures: None
  • Special Listing Conditions: See Remarks
  • Attribution Contact: (254) 218-4220
  • Attribution Contact: (254) 218-4220
  • ETJ Extra Territorial Jurdn: See Remarks
  • Estimated Taxes: 2974.00
  • FEMA Flood Plain: See Remarks
  • Current Price Lot Size Squ: 13.41
  • Current Price By Living Ar: 155.19
  • "Current Price By Original ": 0.89
  • List Price Lot Size Square: 13.77
  • List Price By Living Area: 159.42
  • List Price By Original Lis: 0.91
  • Restrictions: None
  • Tax Exemptions: None
  • Special Features: None

Interior Features

  • Interior Amenities: Ceiling Fan(s), Primary Bedroom on Main
  • View: None
  • Flooring: Carpet, Vinyl
  • Accessibility Features: Accessible Doors, See Remarks
  • Appliances: Range, Refrigerator
  • Main Level Bedrooms: 2
  • Property Condition: Resale, Good
  • Security Features: None
  • Window Features: See Remarks
  • ResoLivingAreaSource: Appraiser
  • Laundry Location: In Garage

Beds/Baths

  • Full Bathrooms: 1
  • Bedrooms: 2

Exterior Features

  • Exterior Features: Gutters Full, See Remarks
  • Roof: Composition
  • Foundation: Pillar/Post/Pier
  • Patio And Porch Features: None
  • Pool Features: None
  • Private Pool: No
  • Waterfront Features: None
  • Waterfront: No

Garage/Parking

  • Total Covered Spaces: 1
  • Parking Features: Attached Carport, Covered
  • Total Parking Spaces: 1

Utilities

  • Sewer: See Remarks
  • Utilities: See Remarks
  • Heating: Central
  • Water Source: Public
  • Cooling: Ceiling Fan(s), Central Air

Association/Amenities

  • Association: No
  • Community Features: None

Schools

  • Elementary School: Outside School District
  • High School: Outside School District
  • Middle/Junior School: Outside School District
  • Junior High Dist: Waco Isd

Lot Info

  • Lot Features: See Remarks
  • Parcel Number: 480039000036000
  • Lot Size Acres: 0.22
  • Lot Size Sq Ft: 9583.2
  • Subdivision Name: BELMONT GARDENS 1 & 3

Building Info

  • Construction Materials: Frame, See Remarks
  • New Construction: No

Tax Info

  • Tax Block: 4
  • Tax Year: 2024
  • Tax Rate: 2.26000000000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2024
Closed on
Jan 21, 2025
Sold by
Dennis A Mastagni Trust and Mastagni Dennis A
Bought by
Melo Colton Blaine Avlin
Seller's Agent
Kirk Regian
EG Realty
Buyer's Agent
Non Member
Non Member
List Price
$145,000
Views
18
Current Estimated Value
$131,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.26%
Original Mortgage
$102,800
Outstanding Balance
$102,074
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$29,361

Purchase Details

Closed on
Mar 26, 2024
Sold by
Banks James A and Banks Jimmy A
Bought by
Dennis A Mastagni Trust and Mastagni

Purchase Details

Closed on
Mar 12, 2019
Sold by
Jefferson Studio Aprtments Llc
Bought by
Banks Jimmy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 13, 2018
Sold by
The Alvin C David And Charlesetta David
Bought by
Jefferson Studio Apartments Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 10, 2008
Sold by
David Alvin C and David Charlesetta
Bought by
The Alvin C & Charlesetta David Revocabl

Purchase Details

Closed on
May 21, 2007
Sold by
Lebkowsky Leon
Bought by
David Alvin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,607
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage
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
Melo Colton Blaine Avlin -- Alamo Title Company
Dennis A Mastagni Trust -- Alamo Title Company
Banks Jimmy A -- None Available
Jefferson Studio Apartments Llc -- None Available
The Alvin C & Charlesetta David Revocabl -- None Available
David Alvin C -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Melo Colton Blaine Avlin $102,800
Previous Owner Banks Jimmy A $72,000
Previous Owner Jefferson Studio Apartments Llc $57,000
Previous Owner David Alvin C $40,607
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2025 01/21/25 Sold -- -- --
12/19/2024 12/19/24 Pending -- -- --
12/16/2024 12/16/24 Price Changed $132,000 -9.0% $159 / Sq Ft
12/11/2024 12/11/24 For Sale $145,000 -- $175 / Sq Ft
Source: Unlock MLS (Austin Board of REALTORS®)

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 $2,974 $128,400 $24,100 $104,300
2024 $2,974 $131,860 $24,100 $107,760
2023 $2,756 $122,950 $24,100 $98,850
2022 $1,825 $72,500 $11,900 $60,600
2021 $1,928 $72,500 $11,900 $60,600
2020 $1,830 $67,490 $11,230 $56,260
2019 $1,228 $43,650 $10,750 $32,900
2018 $1,200 $42,210 $10,270 $31,940
2017 $1,018 $35,710 $9,790 $25,920
2016 $1,018 $35,710 $9,600 $26,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Unlock MLS (Austin Board of REALTORS®)

MLS Number: 3597131

Unlock MLS (Austin Board of REALTORS®)

APN: 48-003900-003600-0