NOT LISTED FOR SALE

1724 Morrow Ave Waco, TX 76707

Sanger-Heights Neighborhood

Estimated Value: $280,000 - $307,000

6 Beds
4 Baths
2,670 Sq Ft
$109/Sq Ft Est. Value

Last Sold February 06, 2023

Current estimated payment $2,102/month

About This Home

As of February 2023

Nearly 1% rents! This four unit multi family property consists of a duplex and two additional units. Just blocks from Fixer Upper properties and conveniently located near major arteries in North Waco. The charming architecture and smart layout results in curb appeal and tons of opportunity for long-term rental or STR even! Recent fixes and rent increases paired with unique affordability represents a chance you just can’t pass up!

Last Agent to Sell the Property

Casey Carlson

Keller Williams Realty Austin SW License #669859 Listed on: 01/20/2023

Keller Williams Realty Austin SW

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1915

Lot Details

  • 0.25

Parking

  • On-Street Parking

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 1 Fireplace

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Window Unit Cooling System
  • Cable TV Available

Community Details

  • 4 Units
  • 3,709 Sq Ft Building
  • Jones A L Subdivision

Listing and Financial Details

  • Legal Lot and Block I / A
  • Assessor Parcel Number 178666
  • $4,262 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1915

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Ratio Current Price By Building: 67.40361
  • Special Features: None

Interior Features

  • Interior Amenities: Cable TV Available
  • Appliances: Refrigerator
  • Fireplaces: 1
  • Appliances: Yes

Exterior Features

  • Roof: Composition
  • Exterior Features: Covered Patio/Porch, Rain Gutters
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Window Unit(s)
  • Parking Features: On Street
  • OpenParkingYN: No

Utilities

  • Utilities: Sewer Available

Schools

  • School District: Waco ISD

Lot Info

  • Parcel Number: 178666

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: None

Building Info

  • Year Built: 1915
  • Units Total: 4

Tax Info

  • Unexempt Taxes: 4262
  • TaxBlock: A
  • Tax Lot: I

Multi Family

  • Unit Count: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2023
Closed on
Feb 3, 2023
Sold by
Penner Derek B and Penner Abigail B
Bought by
Siems Homes Llc
Seller's Agent
Casey Carlson
Keller Williams Realty Austin SW
Buyer's Agent
Non-NTREIS MLS Licensee
NON MLS
Current Estimated Value
$291,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.38%
Original Mortgage
$217,000
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2008
Sold by
Sieh William M
Bought by
Lapes Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Siems Homes Llc -- Texas Title
Lapes Anthony -- Home Abstract
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Siems Homes Llc $217,000
Previous Owner Lapes Anthony $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2023 02/06/23 Sold -- -- --
01/20/2023 01/20/23 Pending -- -- --
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,980 $287,590 $27,000 $260,590
2024 $6,980 $309,440 $27,000 $282,440
2023 $6,594 $294,120 $27,000 $267,120
2022 $6,397 $254,110 $23,460 $230,650
2021 $5,014 $188,580 $8,960 $179,620
2020 $4,262 $157,160 $8,630 $148,530
2019 $4,214 $149,800 $8,190 $141,610
2018 $3,960 $139,340 $7,820 $131,520
2017 $2,951 $103,520 $7,380 $96,140
2016 $2,693 $94,470 $7,270 $87,200
2015 $2,390 $81,340 $7,160 $74,180
2014 $2,390 $84,920 $10,000 $74,920
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Casey Carlson

    Keller Williams Realty Austin SW

    Section Image

  • N

    Buyer's Agent in 2023

    Non-NTREIS MLS Licensee

    NON MLS

See All Agents

Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 211959

North Texas Real Estate Information Systems (NTREIS)

APN: 48-024700-002000-2

Texas Mclennan County Waco 76707 Sanger-Heights

1724 Morrow Ave, Waco, TX

Not Listed for Sale

MultiFamily

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