5001 Lake Arrowhead Drive, Waco, TX 76710

$550,000 Asking Price

4 beds
4 baths
2,858  sqft
Built in 1968

This Scandinavian inspired minimalist modern home is just starting to take shape JUST in time for you to select finishes, flooring, fixtures, and colors! --- Currently undergoing a massive, top to bottom redesign by noted designers Construction Chic and The McLeod Company , this wonderful, 2,858 square foot, five bedroom, three bathroom home located Waco’s always coveted “Lake Streets” neighborhood is super unique, offers stellar floorplan flexibility (did someone say TWO primary suites on OPPOSITE sides of the home???), and will be the crown jewel of the area once complete! --- With much of the heavy lifting already performed (a new roof, new windows, electrical rough-in, plumbing rough-in and top out, reframing of interior walls, insulation, and sheetrock), the home is primed for you to make it your own on your own when buying at a discount, or working with the acclaimed design duo Construction Chic and The McLeod Company to realize your own vision! --- Offering an exceptionally open, spacious layout, current plans call for extension of the fireplace wall, a MASSIVE island and even larger cooking area featuring a 48” professional range, dual primary suites, and optional office or fifth bedroom, decadent, spa-like primary bathrooms, and high style rarely seen in Waco. Additional options to move the existing carport, add a garage, and creation of a pool patio space are available as well! --- If you’re looking for a sophisticated aesthetic in the heart of Waco or just need ample space with an option for multiple primary suites; this home must be seen in person. What's more: buyers who opt to exercise the variable rate commission options save as much as $15,000 making this a win-win in terms of value AND benefit! --- Construction and completion will continue. If you’d like to make this home your own and add your own style cues, call or text immediately. There’s so much here that you absolutely don’t want to miss! --- Stay tuned for installation of cabinetry and shelving, a custom fireplace surround and hearth, professional appliances, amazing tile and flooring selections, luxurious bathroom fixtures, and SO MUCH MORE! --- *****NOTE***** This property is presently under construction and in process. Photographs were taken 15 November 2023. Updates are continuous. Photographs may not accurately depict the home in it's present condition. Price is subject to change as more work is performed. Please inquire for further details.


Features & Amenities

Interior

General:
Bookcases,Built-in Features,Bathtub,Ceiling Fan(s),His and Hers Closets,Skylights,Soaking Tub,Separate Shower,Vaulted Ceiling(s),Window Treatments,Kitchen Island
Appliances:
Some Electric Appliances,Built-In Oven,Cooktop,Dishwasher,Gas Water Heater,Multiple Water Heaters,Plumbed For Ice Maker
Flooring:
Carpet,Vinyl,Wood
A/C:
true, Central Air,Electric,2 Units
Heating:
true, Central
Fireplace:
Wood Burning, Fireplace
Eco/Green Feature:
HVAC

Exterior

General:
Deck,Dog Run,Garden,Patio,Storage,Fully Fenced, Shed(s)
Other Structures:
Shed(s)
Pool:
None
Parking:
Detached, Parking spaces: 2

Construction

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

Location

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

Lot

Zoning:
LAKE AIR EST BLOCK 20 LOT 11 ACRES .2845, 180433
Fencing:
Fenced,Wood

Utilities

Utilities:
Sewer Available
Sewer:
Public Sewer

Financial

Source:
WACO, WACO
Buyers Agent Compensation:
4.00

This listing courtesy of:
The McLeod Company, Matthew McLeod

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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