21
Map
619 Richland Drive
About This Property
Built in 1964, this property offers a centralized location in Waco with great curb appeal!
The private back patio provides a great space for outdoor seating or entertaining.
Inside, you'll find an open floor plan that allows for open inviting living, dining and kitchen space.
The kitchen is equipped to accommodate electric appliances, leading to the attached two car garage and laundry.
The home includes three well-sized bedrooms, each with closet space and comfortable layouts, one of which is the primary suite with bathroom.
The fourth room is a multipurpose room that can be a fourth bedroom or dining-separate living den or office.
This property presents a strong investment opportunity, requiring updates and cosmetic improvements to reach its full potential.
Ideal for a fix-and-flip project or a long-term rental hold.
Property is being sold as-is. Buyers are encouraged to review the seller's disclosure and perform their own due diligence, including evaluating after-repair value (ARV).
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jun 24, 2026 | Sold | ||
| Sold | |||
| Jun 5, 2026 | In contract | - | |
| In contract | |||
| May 25, 2026 | Listed by Arise Capital Real Estate | $159,000 | |
| Listed by Arise Capital Real Estate | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017