Bed
2
Full Bath
2
SqFt
1,400
Acres
0.14
Year
1940
Map
Description
One block from Cameron Park, updated 2/2, appliances included. The lot to the left of the house, 508 Herring lot is included in the sale. The house is zoned R-3E and eligible for a short-term rental license, STR Type II for a permit by right. The lot to the left is suitable for a nice outdoor space or buyer could chose to build. The lot is located in the opportunity zone. The owner will finance as an investment property with 15% down. The owner will consider lower down payment for owner occupant.
OWNER FINANCE
$210,000, $10,000 Down
360 months / 7%
Loan Payment will include escrows and servicing fees
PITI $1330.60
Taxes 293.26 (Taxes will be reduced with homestead exemption)
Ins 125.00 (Contact insurance company to get a quote)
35.00 Servicing Fee
$1,783.86 Estimated payment including taxes and insurance
Buyer Closing Costs: $1250.00
RMLO Documents $495.00 (excluded for investor purchase)
One year house insurance paid at closing & 2 months escrow taxes & insurance
$586 – Property Tax Escrow (based of 2024 taxes)
$250 – Insurance Escrow (estimated, actual amount based on buyer ins)
Loan documents will be Dodd Frank compliant
Location
Listing
Showing Office Phone: (254) 300-4800
Property
Features/Misc
Amenities and Features
The database information herein is provided from the Waco Association of Realtors (WAOR). WAOR data may not be reproduced or redistributed and is only for people viewing this site. All information provided is deemed reliable but is not guaranteed and should be independently verified. All properties are subject to prior sale or withdrawal. © 2023 WAOR. All rights are reserved. Listing Updated: 2025-04-02T14:04:31.850-00:00
