NOT LISTED FOR SALE

500 E Craven Ave Waco, TX 76705

-- Bed
-- Bath
6,696 Sq Ft
0.59 Acres

Last Sold January 30, 2023

Highlights

  • Covered Patio or Porch
  • High Speed Internet
  • 1-minute walk to Live Oak Park

About This Home

As of January 2023

Nestled in the heart of Lacy Lakeview, this ten unit complex has tons of potential. Just across from the Police Station provides a solid location, close to shopping locally with Walmart, HEB, and many restaurants just down Old Dallas and 35. Comprised of 9 one bedroom units, and one 2 bedroom unit, this property is perfect for investors looking to add to their existing portfolio, or a new investor looking for that right property to enter the world of investing.

Last Agent to Sell the Property

Aaron Anderson

Cromwell King Holdings License #0626332 Listed on: 12/19/2022

Last Buyer's Agent

Aaron Anderson

Cromwell King Holdings License #0626332 Listed on: 12/19/2022

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.59

Home Design

  • Quadruplex
  • Composition Roof
  • Siding
  • Stone Veneer

Parking

  • Paved Parking
  • Parking Lot

Utilities

  • Window Unit Cooling System
  • High Speed Internet
  • Cable TV Available

Additional Features

  • Disposal
  • Covered Patio or Porch

Community Details

  • 10 Units
  • 6,696 Sq Ft Building
  • Lakeview Subdivision

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block D / 56
  • Assessor Parcel Number 113862
  • $10,037 per year unexempt tax

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Ratio Current Price By Building: 88.85902
  • Special Features: None

Interior Features

  • Fireplace Features: None
  • Interior Amenities: High Speed Internet Available, Cable TV Available
  • Appliances: Disposal, Refrigerator
  • Appliances: Yes

Exterior Features

  • Roof: Composition
  • Construction Materials: Siding, Stone Veneer
  • Exterior Features: Covered Patio/Porch
  • Waterfront: No
  • Patio And Porch Features: Covered, Patio

Garage/Parking

  • Cooling System: Window Unit(s)
  • Parking Features: Parking Lot, Paved
  • OpenParkingYN: Yes

Utilities

  • Utilities: Sewer Available

Schools

  • School District: Connally ISD

Lot Info

  • Parcel Number: 113862

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity

Building Info

  • Year Built: 1955
  • Units Total: 10

Tax Info

  • Unexempt Taxes: 10037
  • TaxBlock: 56
  • Tax Lot: D

Multi Family

  • Unit Count: 10

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2023 01/30/23 Sold -- -- --
12/19/2022 12/19/22 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 $11,331 $585,900 $31,210 $554,690
2024 $11,331 $595,000 $31,210 $563,790
2023 $10,532 $595,000 $31,210 $563,790
2022 $10,037 $528,200 $31,210 $496,990
2021 $4,499 $203,050 $30,780 $172,270
2020 $4,537 $202,600 $30,780 $171,820
2019 $4,641 $197,200 $30,780 $166,420
2018 $4,485 $188,230 $30,780 $157,450
2017 $4,046 $177,620 $30,780 $146,840
2016 $3,795 $166,610 $25,650 $140,960
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 211862

North Texas Real Estate Information Systems (NTREIS)

APN: 200306000247004