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Waco 76708 North Waco
2321 Lyle Avenue
$119,000
● House - Off Market

2321 Lyle Avenue

Waco, TX 76708
bedrooms
2 Beds
bathrooms
0 Bath
square feet
846 Ft²
$130,230
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Perfect for an investor or a first-time home buyer. This home features a large open living area and kitchen, arched doorways to the separate breakfast area and entryway. Stylish wood laminate floors, two bedrooms, and a full bath with storage. Outside, you'll find a detached garage with storage and a huge fenced yard. This home sits only 10 minutes from downtown Waco, Magnolia, and Baylor.
Unit Size
846 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$151
Property Type
House
Property Taxes
$219
HOA Dues
-
Year Built
1944

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20301915)

Price History

Date / Event Date Event Price
Apr 28, 2023 Sold
Premium
Sold
Apr 12, 2023 Listed by Keller Williams Advantage $128,000
Listed by Keller Williams Advantage

Property Highlights

Air Conditioning
Garage

Building Info

Overview

    General

  • Year Built: 1944
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 1
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 4
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Patio Type: 20
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 500
  • Total Building Area: 846
  • Gross Building Area: 846
  • Building Area: 846
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 846
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: UNIVERSITY HTS
  • Land Acres: 0000000189
  • Standard Land Use Code: 1001
  • County Land Use Code: A1
  • State Land Use Code: A1
  • Legal Description 1: UNIVERSITY HTS LOT 9 BLOCK 7 ACRES .1894

Neighborhood

  • School District Name: Waco Independent School District
  • Census Tract: 001100

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: PG 77
  • Parcel: 48-042400-007700-6
  • Block: 7
  • Lot: 9
  • Municipality: CITY OF WACO
  • Latitude: 31.5647
  • Longitude: -97.1691

    Address

  • Full Address: 2321 Lyle Ave
  • Address - House Number: 2321
  • Address - Street Name: Lyle
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Waco
  • Carrier Code: C077
  • 4-Digit Zip Code: 2770
  • Zip Code: 76708

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $263,133
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.4505
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 9
  • Final Value: 75,747
  • High Value: 109,873
  • Low Value: 41,620

    Market Valuation

  • Market Total Value: $104,530
  • Market Land Value: $14,270
  • Market Improvement Value: $90,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,530
  • Assessed Land Value: $14,270
  • Assessed Improvements Value: $90,260

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: May 01, 2023
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12391
  • Previous Sale Recording Date: Jan 22, 2019
  • Previous Sale Contract Date: Jan 14, 2019
  • Previous Sale Amount: $63,800
  • Previous Sale Document Type: 70
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About North Waco

Stats & Trends

Median Asking:

$188,250

Sale Price/ft²

$141

Below Asking

0.06%

Average Days on Market

85

Average Home Size

1347 ft²

Average Home Age

79.3 years

Currently For Sale

42 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 817 Colcord Ave, TX, 76707

$1,225 /mo

  • 1 Bed
  • 1 Bath
817 Colcord Ave, TX, 76707 Listing by Rick Rivera
Unit for rent at 613 N 23rd Street, Waco, TX, 76707

$1,250 /mo

  • 2 Beds
  • 1 Bath
  • 900 ft²
613 N 23rd Street #15, Waco, TX, 76707 Listing by Jonathon Villaescusa

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Greg Clark, Keller Williams Advantage
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20301915
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 2321 Lyle Avenue built and last sold?
The property at 2321 Lyle Avenue was built in 1944 and last sold on Apr 28, 2023 for $0.
How much is this home worth?
The estimated value of the home located at 2321 Lyle Avenue is $128,655.
What are some comparable homes to 2321 Lyle Avenue?
There are currently no comparable homes to 2321 Lyle Avenue.
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