NOT LISTED FOR SALE

Estimated Value: $205,000 - $305,000

3 Beds
2 Baths
1,240 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 10, 2024

Current estimated payment $1,867/month

13 Days on Market

Highlights

  • New Construction
  • Central Heating and Cooling System
  • Partially Fenced Property
  • Double Pane Windows
  • Energy-Efficient Windows
  • 1-Story Property

About This Home

As of May 2024

Rare opportunity alert! Don't miss your chance to own this O2 zoned property located at 727 N 11th Street in the highly sought-after city of Waco. With this coveted zoning, you could easily run this property as a STR II (Short Term Rental II) without having to go through the hassle of City Council approval. Oh, and here's the cherry on top - the adjoining lot at 725 N 11th Street, also zoned O2, is included in the sale. That's right, two properties for the price of one. And with the potential to build another short-term rental on the additional lot, the possibilities are endless. Talk about a smart investment! Act fast and make this property yours before someone else snatches up this prime real estate. Don't miss out on this exclusive opportunity to own a piece of Waco's hottest market. Did I mention this property is located downtown? Schedule a showing today!

Last Listed By

Ricky Gates

J R Grace Realty License #708551 Listed on: 03/08/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,468

Year Built

  • Built in 2022 | New Construction

Lot Details

  • 4,948 Sq Ft Lot
  • Partially Fenced Property

Home Design

  • Frame Construction
  • Composition Roof

Interior Spaces

  • 1,240 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Energy-Efficient Windows

Schools

  • West Avenue Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Property has a Home Owners Association
  • Finks Subdivision

Listing and Financial Details

  • Legal Lot and Block B16 / 229
  • Assessor Parcel Number 173561

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,468

Year Built

Built in 2022 | New Construction

Lot Details

0

Listing Details

  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Lot Size Acres: 0.1136
  • Subdivision Name: Finks
  • New Construction: Yes
  • Efficiency: Windows
  • Property Attached Yn: No
  • Building Stories: 1
  • Year Built: 2022
  • Property Sub Type Additional: Detached,Single Family Residence
  • ResoBuildingAreaSource: Appraiser
  • Special Features: NewHome
  • Stories: 1

Interior Features

  • Appliances: Electric Water Heater
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: None
  • Stories: 1
  • Window Features: Double Pane Windows

Exterior Features

  • Fencing: Partial
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Frame
  • Exterior Features: None
  • Foundation Details: Pillar/Post/Pier
  • Roof: Composition

Garage/Parking

  • Parking Features: None

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available

Condo/Co-op/Association

  • Association: Yes

Schools

  • Elementary School: West Avenue
  • Junior High Dist: Waco ISD

Lot Info

  • Parcel #: 173561
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 2467.71
  • Tax Block: 229
  • Tax Lot: B16
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2024
Closed on
May 10, 2024
Sold by
Coonis Nicholas and Coonis Kristen
Bought by
Wong James
Seller's Agent
Ricky Gates
J R Grace Realty
Buyer's Agent
Ricky Gates
J R Grace Realty
List Price
$320,000
Sold Price
$290,000
Premium/Discount to List
-$30,000
-9.38%
Total Days on Market
13
Views
16
Current Estimated Value
$257,860

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,140
Avg. Annual Appreciation
-11.52%
Original Mortgage
$203,000
Outstanding Balance
$201,038
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$56,822

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Wong James -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong James $203,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2024 05/10/24 Sold -- -- --
03/22/2024 03/22/24 Pending -- -- --
03/08/2024 03/08/24 For Sale $320,000 +326.7% $258 / Sq Ft
09/20/2022 09/20/22 Off Market -- -- --
06/15/2022 06/15/22 Sold -- -- --
05/17/2022 05/17/22 For Sale $75,000 -- $60 / Sq Ft
Source: Waco Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,133 $227,570 $16,590 $210,980
2023 $2,966 $132,320 $16,590 $115,730
2022 $2,468 $98,030 $14,410 $83,620
2021 $1,794 $67,480 $5,640 $61,840
2020 $1,564 $57,670 $5,350 $52,320
2019 $1,546 $54,940 $5,100 $49,840
2018 $1,453 $51,140 $4,850 $46,290
2017 $1,092 $38,320 $4,600 $33,720
2016 $1,001 $35,130 $4,550 $30,580
2015 $893 $30,490 $4,460 $26,030
2014 $893 $31,720 $4,000 $27,720
Source: Public Records

Agents Affiliated with this Home

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Source: Waco Association of REALTORS®

MLS Number: 221217

Waco Association of REALTORS®

APN: 48-018000-002800-4