Exceptional space, character and versatility define this 5,762 sq ft home situated on 2.756 wooded acres in Waco. With 6 bedrooms and 5.5 baths, the expansive floor plan provides an impressive amount of room for living, entertaining, working and storage. The home features a formal living room, family room, den, formal and informal dining areas and two dedicated offices. One office is lined with beautiful floor-to-ceiling bookcases, creating an ideal library or executive workspace. The spacious family room is highlighted by a grand stone fireplace that creates a dramatic focal point. The large kitchen features abundant cabinetry, an island, informal dining space, electric appliances and three ovens, providing exceptional capacity for entertaining and large gatherings. An oversized laundry room adds valuable workspace and storage. Upstairs, the expansive primary suite incorporates two separate bedroom spaces, an ensuite bath with separate tub and shower and dual vanities. Six closets serve the primary suite, including a dedicated shoe closet. Three additional bedrooms feature private ensuite baths, providing excellent accommodations for family and guests. Additional storage is found throughout the home, including three dedicated storage rooms. Three HVAC systems are less than five years old, and new roofs were installed in 2026 on both the main residence and historic cabin. Also located on the property is the historic Hoyle Cabin, relocated to the site in 1955, adding a distinctive piece of Texas history to this exceptional Waco property.
Single-familyProperty Type
1950Year Built
2.76 acresLot Size
$260Price/Sq.Ft.
Listed by Glenda Hall• UCRE Heart of Texas Land & Hom
North Waco, located between the Brazos River and Waco Regional Airport, is a historic and industrial Waco neighborhood with riverfront edges and rail-and-warehouse streetscapes. The neighborhood’s character concentrates around Elm Avenue near Martin Luther King Jr. Boulevard, where murals, small storefronts, and legacy brick buildings set a working-city rhythm. Cultural pillars include the Dr Pepper Museum, the Waco Mammoth National Monument, and the Waco Suspension Bridge. Housing ranges from early 20th-century cottages to modest infill near older commercial corridors. Flat blocks and wide arterials shape a practical, drive-oriented layout, while the river and downtown skyline stay in view. Parks and museums add a weekend cadence without changing the neighborhood’s grounded feel.
Provided by Walk Score and Local Logic
Market insights
421 Rice Ave · $1,500,000
DAYS ON MARKET
1 days
The average home goes pending in 39 days.
SALE-TO-LIST
97.5%
Most homes are selling 3% below list price.
LIST PRICE
$1,500,000
Median sale price in this area is $286,458. (81% lower than this home)
PRICE DROP
0 price drops
28% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Eat-in kitchen
Kitchen island
Natural woodwork
Tile counters
Two living areas
Two dining areas
Room count: 14
Two levels
Bedrooms
6 bedrooms total
Primary bedroom on 2nd floor with ensuite bath
Additional bedrooms on 2nd and 1st floors (several with ensuite baths)
Bathrooms
5 full bathrooms
1 half bathroom
Kitchen
Dishwasher
Disposal
Electric cooktop
Electric oven
Electric water heater
Laundry & utility
Utility room
Full-size washer/dryer area
Flooring
Flooring details listed in remarks
Heating & cooling
Central heating (electric)
Central air (electric)
Ceiling fans
Exterior features
Storage
Rear porch
Wooded vegetation
Wood perimeter backyard fencing
Home design
Single-family residence
Residential property
Two-story home
Property not attached
Subdivision: Mt Lookout
Parking
Driveway
Security
Smoke detectors
Construction
Built in 1950
Shingle/composition roof
Slab foundation
Utilities
City water
City sewer
Electricity connected
Not in a municipal utility district
HOA & community
No association
Financial info
Treat as clear loan type
No second mortgage
Other
Lot approx. 2.756 acres (will not subdivide)
Electricity and solar
View estimated energy costs and solar savings for this home
The R-1B single-family residence district is intended to provide for single-family development at moderate density, where a full range of urban services can be provided. A limited range of compatible uses are also permitted either to provide services to residents or maintain low-intensity use of open land. Lot area, yard and other requirements are designed to encourage maintenance of quality residential areas in character with contemporary standards.
Zone overlays
Brazos River Corridor District
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Infrastructure
Educational/school
Fire house
Library
Police station
Golf related
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
3/10 Fire Factor
0.62% chance of being in a wildfire in next 30 years
7/10 Heat Factor
6 days above 109° expected this year, 19 days in 30 years
6/10 Wind Factor
52% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Waco, TX • 76708
Average low and high temperatures (°F)
57
35
68
43
79
54
80
61
84
65
91
75
92
75
95
75
91
68
88
61
75
52
66
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
99/ 100
Exceptional sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
10.4 hrs
7.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 421 Rice Ave
We cannot show automated home-value estimates for this home.
Nearby homes have recently listed between $105,000 and $1,400,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $105K to $1.4M.