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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Waco at 1038 S Old Robinson Rd, Waco, TX, 76706 offers a 8.06% rental yield on a $318,800 purchase with $2,141/mo rent. 48% in year one. Equity gained on principal adds $2,057/yr while 5% annual appreciation supports $88,079 over five years. Portfolio math shows five-year ROI at 96.42% and total cumulative return in cash at $101,902. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,141/mo property income against a $1,560/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76706, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,478 (100%) |
| Owner Occupied HU | 6,004 (34.4%) |
| Renter Occupied HU | 9,655 (55.2%) |
| Vacant Housing Units | 1,819 (10.4%) |
| Median Home Value | $272,760 |
| Average Home Value | $299,834 |
Residential
15,206
Single Family
13,277
Multi-Family
1,929
Businesses
788
Date | Event | Price |
|---|---|---|
| 2025-10-16 | Listing removed | $329,000 |
| 2025-08-20 | Contingent | $329,000 |
| 2025-06-30 | Price change | $329,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-10-20 | N/A | N/A | $263,538 | 10.00% |
| 2024-10-20 | $2598.08 | 8.35% | $239,580 | 10.00% |
| 2023-10-20 | $2397.86 | 2.37% | $217,800 | 10.00% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
