$175,000
PENDING

Estimated payment $1,245/month

Total Views 1,679
-- Bed
-- Bath
1,624 Sq Ft
$108 Price per Sq Ft

Highlights

  • Covered patio or porch
  • 1-Story Property
  • Heating Available
  • Cooling Available

About This Home

Rare chance to buy a duplex with owner financing! Located just 5 minutes from Baylor University and close to local shops, restaurants, and businesses, this property at 2528 McFerrin Ave is an opportunity forr new or seasoned investors. One side offers 2 bedrooms and 1 bathroom, with a spacious living area and a large kitchen with a dedicated dining space. The other side includes 1 bedroom and 1 bathroom, its own living room, kitchen, and dining area. Live in one unit and rent out the other, lease both for consistent income, or explore the option to turn it into a single-family home—the flexibility is yours. Owner financing available with 20% down—inquire for additional terms!

Listing Agent

Mike Miller

CENTURY 21 Judge Fite Company License #752895 Listed on: 05/27/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,316

Year Built

  • Built in 1951

Parking

  • Unassigned Parking

Home Design

  • Duplex
  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • Electric Cooktop

Schools

  • Waco Elementary School
  • Brazos High School

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Covered patio or porch
  • 8,233 Sq Ft Lot

Listing and Financial Details

  • Legal Lot and Block 7 / 18
  • Assessor Parcel Number 480176000070000

Community Details

Overview

  • 2 Units
  • 1,624 Sq Ft Building
  • Farwell Heights Subdivision

Building Details

  • Gross Income $1
  • Net Operating Income $1

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,316

Year Built

Built in 1951

Lot Details

0

Listing Details

  • OWNERNAME: ChisosBasin Properties, LLC
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • Co List Office Mls Id: A829590019
  • Special Features: VirtualTour
  • Year Built: 1951

Interior Features

  • Interior Amenities: Other
  • Flooring: Other
  • Appliances: Electric Cooktop
  • Basement YN: No

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Electric
  • Parking Features: Unassigned, Varies by Unit

Utilities

  • Heating: Electric
  • Utilities: Electricity Connected
  • Heating Yn: Yes

Schools

  • Elementary School: Waco
  • High School: Brazos
  • Junior High Dist: Waco ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.189
  • Parcel Number: 480176000070000
  • Lot Size Acres: 0.189
  • Lot Size Sq Ft: 8232.84

Building Info

  • Year Built: 1951
  • Units Total: 2

Multi Family

  • Insurance Expense: 1.0
  • Annual Gross Income: 1.0
  • Property Net Operating Income: 1.0

Tax Info

  • TaxBlock: 18
  • Tax Lot: 7
  • Tax Annual Amount: 3316.0

MLS Schools

  • MiddleOrJuniorSchool: Cesar Chavez

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
2024 $3,316 $147,000 $16,420 $130,580
2023 $3,296 $147,000 $14,270 $132,730
2022 $3,700 $147,000 $14,270 $132,730
2021 $1,724 $64,844 $6,520 $58,324
2020 $1,451 $53,510 $6,110 $47,400
2019 $1,719 $61,100 $5,860 $55,240
2018 $1,622 $57,090 $5,610 $51,480
2017 $1,123 $39,400 $5,360 $34,040
2016 $998 $35,020 $5,280 $29,740
2015 $979 $33,700 $5,120 $28,580
2014 $979 $34,800 $7,000 $27,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/26/2025 06/26/25 Pending -- -- --
05/27/2025 05/27/25 For Sale $175,000 -- $108 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Deed -- Alamo Title Company
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $97,500 Credit Line Revolving
Previous Owner $27,900 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 20949590

North Texas Real Estate Information Systems (NTREIS)

APN: 48-017600-007000-0