$222,656 EMV

1,308 Sq. Ft.   Single-Family
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Brandywine
Waco, TX 76705

Overview

This Single-Family Foreclosure is located at Brandywine, Waco, TX 76705. It has , 1,308 sqft of living space. This property is currently bank owned with an estimated market value of $222,656.
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Status: Active
Listing ID: 60927382
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Learn about Brandywine in Waco, TX

This single-family property is available as a foreclosure at Brandywine. Based on our analysis of the current market conditions in Waco for Brandywine and comparable listings, the estimated market value is $222,656. If purchased for rental purposes, the monthly rental rate could range between $991 and $1,211. Factors considered in this calculation include the property location, condition, status, and convenience. Properties like this one located at Brandywine are updated daily along with others in Waco, Texas. Since this property is a foreclosure, check out our Foreclosure Timeline for Brandywine below to see helpful information about this listing.


Foreclosure Timeline

Brandywine in Waco Texas Property History

Not in Foreclosure

Pre-Foreclosure

Auction

Bank Owned

Find out more about this property on Brandywine
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09/13/23
Bank owned
Properties listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers. The longer lenders own properties, however, the more eager they become to sell, often at reduced prices.
07/18/23
Lis Pendens issued
The owner of this property was served a notice of lis pendens for missed mortgage payments.
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Community & Neighborhood

This property in Waco, TX is located in the Colonial Estates Subdivision.


Foreclosure

The property located at Brandywine in Waco, TX is listed as a Foreclosure

Properties like Brandywine in Waco, Texas listed as foreclosures have passed the point of auction or public sale. Because the properties were not sold at auction, the lender is now the owner and is engaged in the process of marketing and selling them to potential buyers through a local real estate agent or auction house in Waco, TX. The longer lenders own properties like this on Brandywine, the more eager they become to sell, often at reduced prices.

First Steps to Buying a Foreclosure

Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:

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Rental Value

The estimated rental value for Brandywine located in Waco, TX is $1,100/month. Comparable homes around Brandywine that are rentals have monthly ranges starting as low as $991 per month and as high as $1,211 per month. An owner looking to use this property as an investment could bring a return in the area of $991 - $1,211 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.

Listing History

Start Date End Date Listing Type Bank Name
07/18/23 09/05/23 Preforeclosure Phh Mortgage Corporation

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Brandywine
Waco, TX 76705

1,308 sq. ft.   Single-Family

$222,656 EMV

Status: Active Listing ID: 60927382

Property Information

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Property Description

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