$198,000
SOLD FEB 26, 2025
Last list price

506 Wilson Rd Waco, TX 76705

4 Beds
2 Baths
1,640 Sq Ft
2.5 Acres

Recently Sold

$121 Per Sq Ft

0 Day on Market

Highlights

  • Lake View
  • 2.5 Acre Lot
  • Detached Carport Space
  • Waterfront
  • Wood Flooring
  • Outdoor Storage

About This Home

As of February 2025

Discover a rare opportunity to build your dream home on this breathtaking 2.5-acre property, just minutes from downtown Waco. This serene, park-like setting features a tranquil pond, beautifully framed by a canopy of mature trees. The trees surrounding the pond create a peaceful, shaded retreat, offering unmatched privacy and a truly picturesque atmosphere. Sitting by the water, surrounded by nature, is nothing short of magical—a quiet escape that feels worlds away.
The property includes a four-bedroom, two-bath, 1,640 sq. ft. home that has already undergone rough plumbing inspections and features a new roof. With no HOA or restrictions, you have the freedom to customize the home to match your vision. The property is being sold as-is, and the buyer will need to obtain the necessary permits to complete the home.
Rarely does a property with this level of natural beauty and potential become available. Don’t miss your chance to make this serene oasis your own!

Last Agent to Sell the Property

Mindy Lawson

Real Broker, LLC License #0793705 Listed on: 01/26/2025

Real Broker, LLC

Last Buyer's Agent

Non-NTREIS MLS Licensee

NON MLS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 2.5 Acre Lot
  • Waterfront

Parking

  • 2 Car Garage
  • Detached Carport Space
  • Workshop in Garage
  • Front Facing Garage

Home Design

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

Interior Spaces

  • 1,640 Sq Ft Home
  • Wood Flooring
  • Lake Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Storage

Schools

  • La Vega Elementary School

Community Details

  • Tomas De La Vega Subdivision

Listing and Financial Details

  • Assessor Parcel Number 127188
  • $4,926 per year unexempt tax

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Special Features: None

Interior Features

  • Square Footage: 1640.00
  • Fireplace Features: None
  • Flooring: Wood
  • Appliances: No

Beds/Baths

  • Full Bathrooms: 2
  • Total Bedrooms: 4

Exterior Features

  • Pool: No
  • Foundation: Pillar/Post/Pier
  • Fencing: None
  • Roof: Composition
  • Construction Materials: Siding
  • Exterior Features: Storage
  • Waterfront: Yes

Garage/Parking

  • Cooling System: Other
  • Garage Spaces: 2
  • Number Of Parking Spaces: 2
  • Parking Features: Detached Carport, Garage Faces Front, Workshop in Garage
  • OpenParkingYN: No

Utilities

  • Heating: Other
  • Utilities: Sewer Available

Schools

  • School District: La Vega ISD
  • Elementary School: La Vega

Lot Info

  • PropertyAttachedYN: No
  • Lot Size: 1 to < 3 Acres
  • Lot Features: Water/Lake View
  • Lot Size Units: Acres
  • Lot Size Area: 2.5000
  • Parcel Number: 127188
  • Lot Size Acres: 2.5000
  • Lot Size Sq Ft: 108900.0000

Building Info

  • Year Built: 1948

Tax Info

  • Unexempt Taxes: 4926

MLS Schools

  • Elementary School Name: La Vega

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 26, 2025
Closed on
Feb 26, 2025
Sold by
Hanson Timothy Luke and Hanson Kristie Anne
Bought by
Simer Robert and Simer Michel
Seller's Agent
Mindy Lawson
Real Broker, LLC
Buyer's Agent
Non-NTREIS MLS Licensee
NON MLS
Views
486
Current Estimated Value
$188,700

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
37.88%

Purchase Details

Closed on
Jan 26, 2024
Sold by
Dickenson Laura A
Bought by
Hanson Timothy and Hanson Kristie Anne
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 Type Sale Price Title Company
Warranty Deed -- Alamo Title Company
Warranty Deed -- Alamo Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2025 02/26/25 Sold -- -- --
01/26/2025 01/26/25 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 $4,926 $226,400 $32,260 $194,140
2024 $4,926 $240,290 $32,260 $208,030
2023 $3,634 $203,110 $32,260 $170,850
2022 $3,513 $173,330 $29,330 $144,000
2021 $3,517 $153,140 $25,500 $127,640
2020 $3,168 $138,750 $25,000 $113,750
2019 $2,809 $119,670 $23,590 $96,080
2018 $2,329 $115,590 $23,130 $92,460
2017 $2,145 $89,360 $20,420 $68,940
2016 $1,988 $88,220 $20,420 $67,800
2015 $1,521 $75,320 $20,330 $54,990
2014 $1,521 $75,320 $20,330 $54,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 226271

North Texas Real Estate Information Systems (NTREIS)

APN: 28-057000-064600-7