$285,000
$35K PRICE DROP

261 Joanne Dr Waco, TX 76705

Estimated payment $1,704/month

Total Views 10,090
3 Beds
2 Baths
2,880 Sq Ft
$99 Price per Sq Ft

Highlights

  • Patio
  • Central Heating and Cooling System
  • Carpet
  • 1-Story Property
  • High Speed Internet

About This Home

Great investment opportunity with three separate rental homes all on one acre. These homes have maintained occupancy, as the number of renters in the area are ample with limited rental inventory. Either start growing your rental portfolio or expand an existing one with this grouping. The property includes three separate rentals 253-257-261 Joanne Drive and rents for a total of $3,500 per month. 253-257 Joanne Drive are both 2 bed 2 bath and 261 Joanne Drive is 3 bed 2 bath.

Listing Agent

Trent Huffhines

Bentwood Realty License #719115 Listed on: 02/28/2025

Property Details

Home Type

  • Manufactured Home

Est. Annual Taxes

  • $2,537

Year Built

  • Built in 1986

Lot Details

  • 1.08 Acre Lot
  • Chain Link Fence

Parking

  • No Garage

Home Design

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

Interior Spaces

  • 2,880 Sq Ft Home
  • 1-Story Property

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Gholson Elementary School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Sewer Not Available
  • High Speed Internet

Community Details

  • Estes A Subdivision

Listing and Financial Details

  • Assessor Parcel Number 119926

Property Details

Home Type

Manufactured Home

Est. Annual Taxes

$2,537

Year Built

Built in 1986

Lot Details

0

Listing Details

  • OWNERNAME: LOLA Assets
  • Property Type: Residential
  • Property Sub Type: Manufactured Home
  • Unit Levels: One
  • Co List Office Mls Id: A8295177
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48309:119926
  • Special Features: VirtualTour

Interior Features

  • Square Footage: 2880.0
  • Fireplace Features: None
  • Interior Amenities: High Speed Internet, Other
  • Flooring: Carpet, Laminate, Vinyl
  • Appliances: Electric Water Heater

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Other, Pillar/Post/Pier
  • Fencing: Chain Link
  • Roof: Composition, Metal
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Patio

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: No Garage
  • OpenParkingYN: No
  • GarageYN: No

Utilities

  • Sewer: None, Septic Tank
  • Heating: Central, Electric
  • Utilities: Septic Available, Sewer Not Available
  • Heating Yn: Yes

Schools

  • Elementary School: Gholson
  • Junior High Dist: Gholson ISD

Lot Info

  • PropertyAttachedYN: No
  • Lot Size Units: Acres
  • Lot Size Area: 1.08
  • Parcel Number: 119926
  • Lot Size Acres: 1.08
  • Lot Size Sq Ft: 47044.8

Building Info

  • Year Built: 1986

Tax Info

  • TaxBlock: 0
  • Tax Lot: 0
  • Tax Annual Amount: 2537.0

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
2025 $2,537 $246,000 $22,980 $223,020
2024 $2,537 $218,470 $22,980 $195,490
2023 $2,561 $218,180 $22,980 $195,200
2022 $2,705 $190,940 $20,890 $170,050
2021 $2,525 $149,840 $18,100 $131,740
2020 $944 $53,260 $17,690 $35,570
2019 $478 $25,370 $15,920 $9,450
2018 $469 $24,610 $15,600 $9,010
2017 $354 $18,400 $9,050 $9,350
2016 $354 $18,400 $9,050 $9,350
2015 $377 $18,650 $9,050 $9,600
2014 $377 $19,430 $9,050 $10,380
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/14/2025 06/14/25 Price Changed $285,000 -10.8% $99 / Sq Ft
03/13/2025 03/13/25 For Sale $319,500 -- $111 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Available
Warranty Deed -- None Available
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 228573

North Texas Real Estate Information Systems (NTREIS)

APN: 24-033500-000303-7