tomo logo

$475,000

Beds
3
Baths
3.0
sq ft
1,904

1520 Bagby Ave, Waco, TX 76706

1520 Bagby Ave

Waco, TX 76706

  • 1 day on market
Located 1 mile from Baylor University, this spacious home is perfect for investors looking for a student housing rentals. Baylor Families come and secure your students housing for their remaining college career! Featuring three generously sized bedrooms, each with its own private full-bathroom, this home offers comfort and convenience for every resident. The downstairs suite provides easy accessibility, while the two upstairs bedrooms enjoy ample natural light, ceiling fans, and built-in cabinet storage. Living room is massive and provides space for a dining table. Kitchen is well equipped with well maintain and updated appliances. All luxury flooring is brand new and recently installed. The expansive backyard presents an incredible opportunity—whether for outdoor entertainment or even the potential to build additional units. A concrete driveway with an electric gate ensures both security and convenience. With the high demand for well-maintained housing near Baylor, this property boasts strong rental potential, making it an excellent investment opportunity. Homes in such great condition are highly sought after for student housing and long-term rentals. Baylor University, celebrating their 180th year in existence proves that this house will have plenty of student to hold for years to come. Enjoy a safe investment and have a streamlined rental for students to occupy year after year. Schedule a showing, today!

Details

Property type

Single Family Residence

Est. home value

$394,832

Lot size

8,232.84 sq ft

Price per sq ft

$250

Year built

2003

Annual property taxes

$9,516

Price History

02/24/2025
NTREIS

NTREIS #20852635

Listed
$475,000

Schools & Community

Neighborhood: 

Baylor

Elementary school: 

Waco

Middle school: 

GW Carver

High school: 

Waco

School district: 

Waco ISD

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$148,444
Asking price
$475,000
Closing costs (~8% of asking)
-$38,000
Est. remaining loan balance
-$288,556
Cash to seller
$148,444

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

National Bank Of Kansas City

Loan start date

January 2022

Original loan amount

$308,750

Est. remaining balance

$288,556

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Kenneth Edwards and Paula Edwards

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 02/26/2025 at 1:05 AM

Listing updated: 02/25/2025 at 10:42 AM

Listed by: Alexander Chapa, United Country/East Texas Real Phone #: (903) 904-9739

MLS: NTREIS #20852635

NTREIS logo

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