5205 Lockwood Drive, Waco, TX 76710

$300,000 Asking Price

3 beds
2 baths
1,784  sqft
Built in 1956

Sometimes you wanna go…” to a location, location, location where you are surrounded by stunning properties with beautifully manicured lawns and large oak trees that make you feel like you’re taking a stroll through the park. The Lake Oaks area is one of Waco’s most coveted neighborhoods, centrally located to all the perks Waco has to offer yet still tucked away from the busyness of the city. This almost 1,800 sq ft, 3 bedroom 2 bath diamond in the rough could be made into your absolute dream home. It could be a perfect flip property for an investor, or better yet, ideal for those who like to live in a home for a couple of years while they update and then sell. There is ample room to add another bedroom and bathroom by utilizing some of the space in the enormous laundry room, or you could easily enclose the carport and add a massive amount of living space to do as you please! With some houses in this area selling upwards of $300/sq ft, it is incredibly rare to find a home at this price point in this condition. While the well-preserved kitchen still mimics a 1950’s diner with an original Hot Point, push-button stove top and intercom radio, it has had recent upgrades in the master bathroom as well as newer windows throughout the home. There is also an updated enclosed back patio (not included in the ~1,800 sq. ft) that was transformed into a beautiful, fully air conditioned sun room that dances with sunlight and overlooks a gorgeous back yard that is home to what has to be one of the biggest oak trees in Waco. This listing won't last long as seller plans to begin renovations shortly, and one renovated, this house may be listed for as much as double what it is now. Don't miss out on this amazing opportunity!


Features & Amenities

Interior

General:
Bookcases,Built-in Features,Bathtub,Ceiling Fan(s),Double Vanity,Skylights,Soaking Tub,Separate Shower,Breakfast Area
Appliances:
Built-In Oven,Cooktop,Dishwasher,Gas Water Heater
Flooring:
Laminate,Wood
A/C:
true, Central Air,Electric
Heating:
true, Central
Fireplace:
Wood Burning, Fireplace
Eco/Green Feature:
Windows

Exterior

General:
Covered Patio,Deck,Garden,Sprinkler/Irrigation,Patio,Rain Gutters,Storage, Shed(s)
Other Structures:
Shed(s)
Pool:
None
Parking:
Attached,Carport,Shelves,Storage,Workshop in Garage, Parking spaces: 2

Construction

Roofing:
Composition
Windows:
Double Pane Windows,Skylight(s)
General:
Brick Veneer, 1, Slab

Location

Originating MLS:
WACO
School District:
Waco ISD
County:
McLennan

Lot

Zoning:
LEWIS HARRY F LOT 6 BLOCK A ACRES .4334, 181015
Fencing:
Wood

Utilities

Utilities:
Sewer Available
Sewer:
Public Sewer

Financial

Source:
WACO

This listing courtesy of:
The McLeod Company, Wes McElroy

About Waco, TX

Housing

Number of Units
68,372
Median Home Value
$128,257
Median Rent
$711

49.79% of housing units are renter occupied.

9.59% are vacant.

Commute

Car
80.41%
Public Transportation
0.90%
Walk to Work
2.75%
Work from Home
14.85%
Other
0.81%

The median travel time to work is 17 minutes.

People

Population
162,171
Median Age
33.10
Median Household Size
2.71

Education

High School
28.95%
Associate’s Degree
9.78%
Bachelor’s Degree
12.59%
Graduate Degree
7.16%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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