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Waco 76706 Baylor
1903 S 5th Street
$428,000 - $522,000
House - In Contract

1903 S 5th Street

Waco, TX 76706
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1808 Sqft
Sold Jun 16, 2016
$7,710
$21,514 by Sombrero Property Tax Fund 1 L
Mortgage Due Dec 15, 2026

About This Property

The OSO Bed & Breakfast at Baylor University.  New O-2 Zone Listing!

Make this property your next Magnolia Market & Silos Airbnb or convert it into a duplex for Baylor Student Living!!  Feel free to keep the name for that next bed and breakfast that would sit smack in the middle of multi-family housing, with Eastgate Apartments just across the street, and more multi family housing all around for student living.  Or make it your next clinic spa, office space, salon, childcare facility, travel bureau, financial institution... maybe that next local community bank ATM!  Scroll down and click for more O-2 purposes!

Currently this property is a 3 bedroom, 2 bath house with kitchen, formal dining/flex and living room space on a pier and beam foundation for a total of 1,808 SqFt on a 9,239 SqFt lot.

Cash, Conventional, OWNER FINANCE AVAILABLE! Financiamiento Dueno a Dueno!

(Sec. 28-546. - Purpose.

The O-2 office-residence is intended to provide for development of compatible office and high-density residential uses adjacent to major thoroughfares in locations which do not have a predominantly commercial character.)

https://library.municode.com/.../codes/code_of_ordinances...

The manager has listed the unit size as 1808 square feet.
Unit Size
1,808Ft²
Days on Market
-
Land Size
0.21 acres
Price per sqft
$263
Property Type
House
Property Taxes
$671
HOA Dues
-
Year Built
1945
Listed By
Reyna Reyes
Coldwell Banker Apex, REALTORS

Price History

Date / Event Date Event Price
Apr 25, 2024 In contract -
In contract
Mar 29, 2024 Price Decreased $475,000
↓ $45K (8.7%)
Price Decreased
Feb 25, 2024 Price Decreased $520,000
↓ $5K (1%)
Price Decreased
Oct 30, 2023 Listed $525,000
Listed

Property Highlights

Air Conditioning
Interior Details

Interior Information

Deck
Exterior Details

Exterior Information

Wood Siding

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Square Area: 220
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,240
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,808
  • Gross Building Area: 1,808
  • Building Area: 1,808
  • Building Area Measurement: unknown

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: GRIFFITH B D TR
  • Land Acres: 0.212
  • Legal Description 1: GRIFFITH B D TR LOT A1 BLOCK 26 ACRES .2121

Ownership

  • Current Owner : PROPEL PROPERTY TAX FUNDING LLC
  • Previous Owner : JR EMMITT FLORES
  • Previous Owner 2: FLORES ROSE M
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Waco Independent School District
  • Census Tract: 001900

Zoning

  • Zoning: O2

Geography

  • Assessors Map Reference: PG 25
  • Subdivision Tract Number: BLOCK
  • Parcel: 48-020700-000100-4
  • Block: 26
  • Lot: A1
  • Municipality: CITY OF WACO
  • Latitude: 31.5413
  • Longitude: -97.1151

    Address

  • Full Address: 1903 S 5th St
  • Address - House Number: 1903
  • Street Direction: S
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: TX
  • City Name: Waco
  • Carrier Code: C009
  • 4-Digit Zip Code: 2532
  • Zip Code: 76706

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,055
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.1809
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 76
  • Final Value: 519,780
  • High Value: 613,813
  • Low Value: 425,747

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $21,514
  • First Open Lien Mortgage Lender: SOMBRERO PROPERTY TAX FUND 1 L
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Loan Amount: $21,514
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Dec 15, 2026

    Market Valuation

  • Market Total Value: $320,000
  • Market Land Value: $254,100
  • Market Improvement Value: $65,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $320,000
  • Assessed Land Value: $254,100
  • Assessed Improvements Value: $65,900

    Sales

  • Current Sale Contract Date: Jun 10, 2016
  • Current Sale Recording Date: Jun 16, 2016
  • Current Sale Transaction ID: 1614144671
  • Current Sale Price: $7,710
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 2016019152

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,765 ft²
$255/ft²
$450,000 Oct 19, 2022
-
$545/mo
House
4 Beds
4.5 Baths
2,052 ft²
$185/ft²
$380,000 Jan 10, 2024
-
$649/mo
House
5 Beds
2 Baths
1,726 ft²
$301/ft²
$520,000 Jun 18, 2023
-
$399/mo
Multifamily
Stu
-
2,700 ft²
$146/ft²
$395,000 Mar 21, 2024
-
$590/mo
Multifamily
Stu
-
2,720 ft²
$200/ft²
$545,000 Apr 15, 2024
-
$420/mo
Multifamily
Stu
-
3,360 ft²
$141/ft²
$475,000 Mar 22, 2024
-
$590/mo
Land
Loft
-
-
$500,000 Oct 5, 2023
-
$57/mo
Land
Loft
-
-
$425,000 Jan 17, 2024
-
$342/mo
Multifamily
6 Beds
-
-
$570,000 Jan 30, 2024
-
$747/mo

About Baylor


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Frequently Asked Questions

When was property at 1903 South 5th Street built and last sold?
The property at 1903 South 5th Street was built in 1945 and last sold on Jun 10, 2016 for $7,710.
How much is this home worth?
The estimated value of the home located at 1903 South 5th Street is $520,204.
What are some comparable homes to 1903 South 5th Street?
Homes that are comparable to 1903 South 5th Street include a house property at 2808 South 3rd Street, 1924 South 18th Street, 1214 Bagby Avenue.

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