525 Novelty Street, Waco, TX 76707

$61,500 Asking Price

3 beds
1 bath
1,032  sqft
Built in 1912

Investor Opportunity Near Downtown Waco and ALL things MAGNOLIA!!! Located about 6 blocks from downtown Waco and sits next door to a NEW 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. Possible Owner Finance Option-Let's Talk!!!


Features & Amenities

Interior

General:
None
Appliances:
Water Heater
Flooring:
Wood
A/C:
false, None
Fireplace:
None

Exterior

General:
None
Pool:
None
Parking:
Detached, Parking spaces: 0

Construction

Roofing:
Shingle,Wood
General:
1, Pillar/Post/Pier

Location

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

Lot

Zoning:
CONGER N H LOT 18 BLOCK 4 ACRES .1618, TBD
Fencing:
Chain Link,Wood

Utilities

Utilities:
Sewer Available
Sewer:
Public Sewer

Financial

Source:
WACO

This listing courtesy of:
Keller Williams Realty, Waco, Reyna Reyes

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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