








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 4627 Lexington St, Waco, TX, 76705 uses $79,560 cash to close to unlock $1,802/yr annual cash flow and $150/mo monthly cash flow. Total monthly income runs $1,924/mo, and a $1,175/mo payment keeps the spread at $150/mo. Purchase price stands at $240,000, and rental yield measures 9.62% with $1,924/mo rent. Return on cash invested shows 22.17% in year one, and 5% annual appreciation builds toward $66,308 over five years. Five-year ROI reaches 116.61% and total cumulative return in cash records $92,774. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,924/mo property income covering a $1,175/mo payment rather than investor’s personal income.
Single Family
Built in 1997
8,886 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
Date | Event | Price |
|---|---|---|
| 2025-05-12 | Listed for sale | $240,000 |
| 2020-05-04 | Listing removed | $145,000 |
| 2020-03-19 | Listed for sale | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-12 | $4786.28 | 119.94% | $233,460 | 23.88% |
| 2023-05-12 | $2176.14 | -22.20% | $188,456 | 10.00% |
| 2022-05-12 | $2797.26 | -22.17% | $171,324 | 5.40% |



Listed by: Robin Hartberg • Magnolia Realty
Mls Name: NTREIS
Mls ID: #20930205
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.