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$55,500   Price Analysis
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525 Novelty St
Waco, TX 76707
3 bed 1 bath 1,032 SqFt ($53/SqFt)
7,048SqFt lot. Built 1912
Listed 2024-04-07, Taxes $1,543
Ⓧ USDA Ineligible
due to location

near Waco

Investor Opportunity Near Downtown Wac and ALL thi ngs MAGNOLIA!!!

Located about 6 blocks from downtown Waco and sits next door to a PRISTINE construction that sold at $200+ PPS. This property requires a full remodel/reconstruction from top to bottom.a unique opportunity for those with a keen eye for potential. Find your exit strategy with this one!

Hold or Flip. location is ALL THE THINGS with this one. Selling as-is. Buyers to do their own due diligence.


Presented by Reyna Reyes at
Keller Williams Realty - Waco.


Property MLS #221997 from Waco

Bedrooms: 3
Bedrooms Possible: 3

Total Bathrooms: 1
Full Bathrooms: 1

WaterHeater

Flooring: Wood

Fencing: ChainLink, Wood

Lot Size Acres: 0.1618
Lot Size Square Feet: 7048

Parking Features: Detached

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

West Avenue Elementary School is a public elementary school located approximately 0.4 miles away.
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G W Carver Middle is a public middle school located approximately 2 miles away.
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Waco High School is a public high school located approximately 2.5 miles away.
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St. Mary's Catholic School is a private elementary and middle school located approximately 0.3 miles away.
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Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 1589.96
Tax Block: 4
Source Listing Status: Active
County: McLennan
Tax Year: 2023
Source Property Type: Residential
Source Neighborhood: Conger N H
Postal City: Waco
Subdivision: Conger N H
Property Subtype: Detached
Lot Number: 18
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$42,920 + $18,400
$61,320
$1,543
2021$42,290 + $7,260
$49,550
$1,281
2020$36,880 + $6,840
$43,720
$1,162
2019$34,970 + $6,560
$41,530
$1,126
2018$32,480 + $6,200
$38,680
$1,088
2017$20,450 + $5,920
$26,370
$749
2016$18,550 + $5,850
$24,400
$695
2015$15,780 + $5,710
$21,490
$614
2014$12,860 + $7,000
$19,860
$558
2013$11,180 + $7,000
$18,180
$512
2012$11,183 + $7,000
$18,183
$504
2011$unknown + $unknown
$16,038
$443
2010$unknown + $unknown
$16,038
$444
2009$unknown + $unknown
$19,662
$545
2008$unknown + $unknown
$19,662
$542
2007$unknown + $unknown
$18,700
$479

Price Changed 2024-07-26
$55,500
Waco
Price Changed 2024-06-12
$58,500
Waco
Price Changed 2024-05-29
$59,000
Waco
Price Changed 2024-05-28
$60,000
Waco
Price Changed 2024-05-21
$61,500
Waco
Price Changed 2024-05-20
$62,000
Waco
Listed 2024-04-07
$64,000
Waco
Listing removed 2024-04-06
$0
Waco
Price Changed 2024-01-25
$65,000
Waco
Listed 2024-01-24
$85,000
Waco

Year Built: 1912
Building Area Source: Appraiser
Building Area Total: 1032
Foundation Details: PillarPostPier
Property Age: 112
Roof: Shingle, Wood
Levels or Stories: 1
Building Total Stories: 1

Sewer: PublicSewer
SewerAvailable
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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.