$210,000
For Sale

512 Herring Avenue

Waco, TX 76708
2 beds | 2 baths | 0.14 acres | #227753
Browse 17 photos
Type:Purchase
Structure:House
Zone:Residential

Description

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
$210,000, $10,000 Down
360 months / 7%
Loan Payment will include escrows and servicing fees
PITI $1330.60
Taxes 293.26 (Taxes will be reduced with homestead exemption)
Ins 125.00 (Contact insurance company to get a quote)
35.00 Servicing Fee
$1,783.86 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

  • Property Details
      • AppliancesDishwasher, ExhaustFan, FreeStandingRange, GasWaterHeater, Microwave, Refrigerator
      • Property Subtype AdditionalDetached, SingleFamilyResidence
      • InteriorCeilingFans, GraniteCounters
      • FoundationPillarPostPier
      • Utility FeaturesSewerAvailable
      • RoofComposition
      • Sewer InformationPublicSewer
      • CoolingCentralAir
      • Elementary SchoolJ.H. Hines
      • Property TypePurchase
      • School DistrictWaco ISD
      • CountyMcLennan
      • Original List Price$225,000
      • Property SubtypeDetached
      • HeatingCentral
      • Exterior FeaturesStorage
      • Exterior MaterialsStorage
      • SubdivisionBarnard
      • Acres0.1354
      • Taxes Annual$3,519
      • MLS #227753
      • Cost210000
      • Parcel Number162464
      • MLS #227753
      • Year Built1940
      • Days on Market (Cumulative)85
      • Bedrooms2
      • Bathrooms2
      • Full Baths2
      • Stories1

Location

Doug Walther | EG RealtyReal Estate Group
OR

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Interest Rate

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