Incredible opportunity nestled in the heart of Waco, TX! Minutes from Baylor University. This property has TWO HOMES ON ONE LARGE LOT! The ADU, guest house presents an unparalleled opportunity for additional income and the 3 bedroom 1 bath main house has great bones, is already livable and has endless possibilities! This property is the only one in the area with two homes on a single lot. Bring your vision to life with some remodeling or renovation work and this property can shine as the best in the neighborhood! Bring your renovation vision to life, embrace the challenge and reap the rewards as you transform this property into a shining gem!. Purchase as it and embrace the challenge or allow the seller to completely renovate it to your liking and enjoy the fully renovated home from there. Either way, it's nothing but income and opportunity or your newly renovated home! Rent out as is and fix up the 2nd structure or renovate the main home and guest home. Perfect for airbnb or students.
Single-familyProperty Type
1946Year Built
8,233 sq ftLot Size
$104Est. Price/Sq.Ft.
Listed by Delisa Rose• eXp Realty LLC
Contact: 888-519-7431
Bought with Jennifer Dolezel• Texas Premier Realty
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
2
Baths
1
Stories
1
Lot width
50 ft.
Lot depth
165 ft.
Lot size
8,250 Sq. Ft.
Year renovated
—
Sq. Ft.
991
Year built
1946
Style
Single Family Residential
County
McLennan County
APN
480424000051009
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 6, 2026.
R-2
Two-Family and Attached Single Family Residence District
The R-2 two-family and attached single-family residence district is intended to provide for development of attached dwelling types at moderate densities where it may serve as a transitional use between single-family residential areas and more intensive uses; or in locations with convenient access to the major street system and proximity to community services.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Student
Bed & breakfast
Educational/school
Library
Golf related
Park & open space
Property details
Parking
Parking Information
Carport Spaces: 0
Covered Spaces: 0
Parking Features: 2-Car Single Doors
Interior
Virtual Tour
Bathroom Information
Bathrooms Full: 2
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Bedroom Information
Bedrooms Total: 5
Fireplace Information
Fireplaces Total: 0
Heating & Cooling
Cooling: Central Air
Interior Features
Room Count: 2
Appliances: Dishwasher, Gas Oven
Number Of Living Areas: 3
Number Of Dining Areas: 2
Living Area: 2001.00
Levels: One
Interior Features: Cable TV Available, In-Law Suite Floorplan
Room 1 Information
Room Type: Primary Bedrm
Room Level: 1
Room Dimensions: 99 x 99
Room Length: 99.00
Room Width: 99.00
Room 2 Information
Room Type: Living Room
Room Level: 1
Room Dimensions: 99 x 99
Room Length: 99.00
Room Width: 99.00
Exterior
Farm Information
Barns Count: 0
Lot Information
Lot Size: Less Than .5 Acre (not Zero)
Lot Size Acres: 0.1890
Lot Size Area: 0.1890
Lot Size Square Feet: 8232.8400
Lot Size Units: Acres
Parcel Number: 480424000051009
RATIO List Price By Lot Size Acr: 793121.69312
Will Subdivide: No
Property Information
Property Type: Residential
Property Sub Type: Single Family Residence
Accessibility Features YN: No
Property Attached YN: No
Multi Parcel IDYN: No
Property Key: 48309|480424000051009|1|12757024
Property Match: APN
US Property MUI: 408959061
Building Information
Year Built: 1946
Smart Home Features Appor Pass Y: No
Financial
Tax Information
Tax Block: 5
Tax Legal Description: UNIVERSITY HTS LOT 11 BLOCK 5 ACRES .1894
Tax Lot: 11
Unexempt Taxes: 1896
Financial Information
Buyer Financing: Cash
Loan Type: Treat As Clear
Second Mortgage YN: No
Utilities
Utility Information
Municipal Utility District YN: No
Utilities: City Sewer, City Water
Location
HOA Information
Association Type: None
School Information
Elementary School: Dean Highland
Elementary School Name: Dean Highland
High School Name: Waco
Middle School Name: Cesar Chavez
School District: Waco ISD
Location Information
County Or Parish: McLennan
Country: United States
Directions: I35
Latitude: 31.56524200
Longitude: -97.17060000
Geocode Confidence: High
Subdivision Name: University Heights
Public facts
Beds: 2
Baths: 1.0
Sq. Ft.: 991
Stories: 1.0
Lot Size: 8,250 square feet
Style: Single Family Residential
Year Built: 1946
Year Renovated: —
County: McLennan County
APN: 480424000051009
Home facts updated by county records on Jul 6, 2026