367 Illinois, China Spring, TX 76633

$399,900 Asking Price

3 beds
1 bath
2,097  sqft
Built in 1900

Welcome to this charming 1900-built home with timeless character and modern updates. Currently serving as a profitable Short Term Rental on Airbnb, it also features a detached one-bedroom, one-bathroom guest house that is rented on a long-term lease at $900 per month, including utilities. It is not only a wonderful investment property but would be a great home for anyone needing space for extended family members. This three-bedroom, one-bath residence boasts original wood flooring and shiplap details throughout, giving it a warm and inviting ambiance. Nestled on a sprawling three-quarter acre lot, this property has been lovingly restored and upgraded to offer the best of both worlds. The restoration work includes significant electrical and plumbing upgrades, spray foam insulation, and a durable metal roof, ensuring a comfortable and worry-free living experience. Inside, you’ll appreciate the beautiful tile work in the bathroom, a thoughtfully redone kitchen with marble countertops and floating shelves, and a spacious back bedroom currently serving as a kids’ getaway and playroom. The home’s interior combines classic charm with modern convenience. The outdoor space is equally enchanting, featuring detached buildings, a two-car garage, a two-car carport, a gazebo, and a small outbuilding that could easily be transformed into a greenhouse or a serene reading area, allowing your imagination to flourish. Notably, this property is situated outside city limits, resulting in a lower tax rate and assessment, making it an ideal candidate for a homestead exemption for qualified buyers. Located in the renowned China Spring school district, this gem won’t stay on the market for long. Don’t miss out on this unique opportunity – seize the chance to make this extraordinary property your own

Features & Amenities

Interior

General:
Ceiling Fan(s),None
Appliances:
Some Electric Appliances,Dishwasher,Electric Water Heater,Microwave,Range,Refrigerator
Flooring:
Wood
A/C:
true, Central Air,Other
Heating:
true, Central
Fireplace:
None,Outside
Eco/Green Feature:
Insulation,Other

Exterior

General:
Fire Pit,Storage, Gazebo
Other Structures:
Gazebo
Pool:
None
Parking:
Detached Carport,Detached,Other,See Remarks,Workshop in Garage, Parking spaces: 4

Construction

Roofing:
Metal
General:
Foam Insulation, 1, Pillar/Post/Pier

Location

Originating MLS:
WACO
School District:
China Spring ISD
County:
McLennan

Lot

Zoning:
RABAGO M ACRES .686, 106769
Fencing:
None

Utilities

Utilities:
Septic Available,Sewer Not Available
Sewer:
None,Septic Tank

Financial

Source:
WACO

This listing courtesy of:
eXp Realty, LLC Waco, Andrew Fraijo

About China Spring, TX

Housing

Number of Units
2,465
Median Home Value
$233,619
Median Rent
$731

9.79% of housing units are renter occupied.

4.78% are vacant.

Commute

Car
79.11%
Public Transportation
0.74%
Walk to Work
0.60%
Work from Home
19.15%
Other
0.38%

The median travel time to work is 24 minutes.

People

Population
6,615
Median Age
37.80
Median Household Size
3.29

Education

High School
27.56%
Associate’s Degree
11.65%
Bachelor’s Degree
18.59%
Graduate Degree
14.78%

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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