$94,900
●
House -
Off Market
3929 Homan Avenue
Waco, TX 76707
2 Beds
0 Bath
754 Ft²
$561
Est. Monthly
11.38%
Cap Rate
About This Property
INVESTORS!! Come take a look at this cute 2 bedroom 1 bath. This
adorable little gem offers a well maintained interior along with
window units featuring heaters and natural hard wood floors. The
wooden privacy fence offers a great space for entertaining guests.
A new roof was recently installed. Don't miss your opportunity to
dig into a little piece of Waco investing.
Unit Size
754 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$126
Property Type
House
Property Taxes
$95
HOA Dues
-
Year Built
1949
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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: 2 years ago (NTREIS #197226)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Mar 9, 2024 | No longer available | - | |
| No longer available | |||
| Mar 6, 2024 | Listed by Weichert Realtors | $159,000 | |
| Listed by Weichert Realtors | |||
| | |||
|
Beautifully remodeled home on a corner lot with an oversized, single car garage. 2 bedrooms, 1 bathroom. Windows and exterior doors replaced in 2021. Central HVAC and tankless water heater installed in 2021. Fully remodeled kitchen and bathroom with beautiful cement tile floors and subway backsplash. Stainless steel appliances, new lighting and ceiling fans installed in 2021. Refinished original hardwood floors and fresh paint. This property would make a lovely starter home or money generating income property. This house is small, but lives big. Why spend money renting when you can own this gem of a property.
| |||
| Feb 1, 2024 | Listed by Weichert, Realtors - Realty Experts | $159,000 | |
| Listed by Weichert, Realtors - Realty Experts | |||
| | |||
|
Beautifully remodeled home on a corner lot with an oversized, single car garage. 2 bedrooms, 1 bathroom. Windows and exterior doors replaced in 2021. Central HVAC and tankless water heater installed in 2021. Fully remodeled kitchen and bathroom with beautiful cement tile floors and subway backsplash. Stainless steel appliances, new lighting and ceiling fans installed in 2021. Refinished original hardwood floors and fresh paint. This property would make a lovely starter home or money generating income property. Last tenant was paying $1,250.00/month. This house is small, but lives big. Why spend money renting when you can own this gem of a property. The manager has listed the unit size as 754 square feet.
| |||
| Oct 5, 2021 | No longer available | - | |
| No longer available | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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HOA + Taxes
About Heart of Texas
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Listed by: Amber Stephens, Bluebonnet Properties Inc.
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 197226
Details provided by NTREIS and may not match the public record
Last Updated: 2 years ago
Data Source: NTREIS MLS, MLS# 197226
Details provided by NTREIS and may not match the public record
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