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$199,000   Price Analysis
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18297 Gholson Rd
Waco, TX 76705
4 bed 3 bath 2,848 SqFt ($69/SqFt)
1.0 acre lot. Built 1983
Listed 2023-02-21, Taxes $6,492
USDA Eligible
near Waco, TX
 Restrictions may apply
due to home size

Investment Opportunity/Fixer-Upper or Future Commercial in the West Independent School District located on FM 933 (Gholson Road)

In a high-traffic intersection. Previous owners started a remodel on the house to use it as a Restaurant with a bar and opening from the kitchen into the large dining room. The current owner is currently using the property as a residence with 4 bedrooms and 1 full bath with a shower. Separated his and her half baths that are not completed with another empty room available for storage or a second full bathroom.

Other interior features include Central Heat and Air, an pen laundry area and an electric hot water heater. The exterior features include a light pole, a propane tank that is not connected to the home and will convey with the sale and a completely fenced backyard. Several High-Speed Internet providers are available in the area. Water is supplied by the Gholson Water Department and comes with 2 separate water meters but is currently hooked up. Electric is supplied by Hilco. The attic was insulated 2 years ago. Being sold As-Is. No survey is available.


Presented by Lisa Prater at
Texas Premier Realty.
Listing Agent Photo

Property MLS #213655 from Waco

Bedrooms: 4
Bedrooms Possible: 4

Total Bathrooms: 3
Full Bathrooms: 1
1/2 Bathrooms: 2

CeilingFans
SeparateShower
BreakfastArea
Flooring: Concrete

ElectricWaterHeater

Cooling Features: CentralAir
Fireplace Features: FreeStanding
Heating Features: Central
Heating: Yes

Fencing: ChainLink, Partial

Lot Size Acres: 1.0
Lot Size Square Feet: 43560

Parking Features: Gravel, ParkingAvailable

Elementary School: West
Elementary School District: West ISD
High School District: West ISD
Middle or Junior School District: West ISD

West Elementary School is a public elementary school located approximately 7.8 miles away.
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West Middle School is a public middle school located approximately 8.3 miles away.
directions icon Map directions

West High School is a public high school located approximately 8.6 miles away.
directions icon Map directions

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 2687.820000000
Source Listing Status: Active
County: McLennan
Tax Year: 2022
Source Property Type: Residential
Source Neighborhood: Rice Lemuel
Parcel Number: 203733
Postal City: Waco
Subdivision: Rice Lemuel
Property Subtype: Detached
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$362,820 + $27,600
$390,420
$6,492
2021$114,200 + $24,000
$138,200
$2,687
2020$47,450 + $23,500
$70,950
$1,240
2019$46,500 + $22,950
$69,450
$1,263
2018$38,350 + $18,000
$56,350
$1,067
2017$38,270 + $9,600
$47,870
$931
2016$39,560 + $9,600
$49,160
$979
2015$40,000 + $8,000
$48,000
$944
2014$39,890 + $8,000
$47,890
$936
2013$38,170 + $8,000
$46,170
$903
2012$37,406 + $8,000
$45,406
$844
2011$unknown + $unknown
$54,280
$999
2010$unknown + $unknown
$54,280
$1,004
2009$unknown + $unknown
$54,946
$1,014
2008$unknown + $unknown
$54,436
$1,002
2007$unknown + $unknown
$52,342
$963

Price Changed 2024-05-07
$199,000
Waco
Price Changed 2024-04-11
$205,000
Waco
Price Changed 2024-03-20
$210,000
Waco
Price Changed 2024-03-12
$215,000
Waco
Price Changed 2023-12-27
$220,000
Waco
Price Changed 2023-03-30
$240,000
Waco
Listed 2023-02-21
$255,000
Waco
Listing removed 2023-01-01
$0
Waco
Price Changed 2022-08-02
$240,000
Waco
Listed 2022-06-22
$265,000
Waco
Sold 2019-08-09
$0
Public Record

Year Built: 1983
Building Area Source: Appraiser
Building Area Total: 2848
Construction Materials: BrickVeneer, WoodSiding
Foundation Details: PillarPostPier
Property Age: 41
Roof: Composition
Levels or Stories: 1
Building Total Stories: 1

Sewer: SepticTank
SepticAvailable
Click Thumbnail Images To View Full Size
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.