4205 Gorman Avenue
About This Property
Welcome to 4205 Gorman Avenue, a meticulously maintained residence that perfectly blends classic character with bespoke modern upgrades. Situated in the heart of Waco, this 2-bedroom, 2-bathroom home offers an exceptional living experience both inside and out. The home features original oak hardwood flooring that flows seamlessly through two distinct living areas and an inviting dining space. The heart of the home is the kitchen, boasting a one-of-a-kind island handcrafted by a master woodworker, complemented by custom-built shelving in the pantry that maximizes both style and storage. Step outside to a massive back deck, designed specifically for large-scale entertaining and quiet Texas evenings. The grounds are a gardener's dream, featuring meticulously landscaped and manicured front and back yards that provide stunning curb appeal and a private sanctuary. Whether you are a hobbyist or need extra storage, this property delivers a one-car garage that is ideal for parking or a dedicated indoor workspace and a new workshop shed located in the backyard, offering a fresh, clean space for projects and tools. Don't miss the opportunity to own this unique, move-in-ready home where every detail has been crafted with care. Schedule your showing today!
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 29, 2026 | Sold | ||
| Sold | |||
| Apr 15, 2026 | Listed by Camille Johnson | $199,500 | |
| Listed by Camille Johnson | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017