512 Herring Ave, Waco, TX 76708

One block from Cameron Park, updated 2/2, appliances included. The lot to the left of the house, 508 Herring lot is included in the sale. The house is zoned R-3E and eligible for a short-term rental license, STR Type II for a permit by right. The lot to the left is suitable for a nice outdoor space or buyer could chose to build. The lot is located in the opportunity zone. The owner will finance as an investment property with 15% down. The owner will consider lower down payment for owner occupant. OWNER FINANCE $225,000, $33,750 Down 360 months / 7% Loan Payment will include escrows and servicing fees PITI $1272.39 Taxes 293.26 Ins 125.00 (Contact insurance company to get a quote - short termrental insurance will be higher) 35.00 Servicing Fee $1,725.65 Estimated payment including taxes and insurance Buyer Closing Costs: $1250.00 RMLO Documents $495.00 (excluded for investor purchase) One year house insurance paid at closing & 2 months escrow taxes & insurance $586 - Property Tax Escrow (based of 2024 taxes) $250 - Insurance Escrow (estimated, actual amount based on buyer ins) Loan documents will be Dodd Frank compliant