See Home Value
$223,597*
House - Off Market

2225 Trice Avenue

Waco, TX 76707
bedrooms
2 Beds
bathrooms
1 Bath
square feet
803 Sqft
$203,000 - $247,000
Reference Base Price*
-0.62%
Since Oct 1, 2023
National-US
Primary Model
Sold Oct 31, 2023
$172,900
$130,000 by Cadence Bank, N.a.
Mortgage
Sold Aug 09, 2021
Transfer

About This Property

Completely unique property with two separate homes on one corner lot! The white house at 2225 Trice Avenue had a new roof and garage door put on in 2020. This home has 2 bedrooms and one bath and is just over 800 square feet. Excellent tenant has lived there for almost five years and is on a month to month lease paying $850 per month. The tenant in the yellow house at 1805 N 23rd has just begun a 1 year lease and is paying $875 per month. This home had extensive remodeling in 2022 with a renovated kitchen and bath, new vinyl plank flooring and fixtures, updated plumbing and foundation leveling including sub floor repairs. In 2020 the yellow house had a new roof put on and was painted and in 2019 a new HVAC system was installed and the garage was converted to a second bedroom to make the home almost 750 square feet. Excellent investment opportunity with two already rented houses in great condition in the heart of Waco!

The manager has listed the unit size as 803 square feet.
Unit Size
803Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$280
Property Type
House
Property Taxes
$166
HOA Dues
-
Year Built
1940

Price History

Date / Event Date Event Price
Oct 31, 2023 Sold $172,900
Sold
Sep 18, 2023 No longer available -
No longer available
Jan 13, 2023 Listed $225,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 2
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Exterior Walls Type: Asbestos shingle
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 200
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,650
  • Total Building Area: 1,543
  • Gross Building Area: 1,543
  • Building Area: 1,343
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Evaporative cooler
  • Heating: Space/suspended
  • Heated Square Feet: 1,343
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: UNIVERSITY HTS
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • Legal Description 1: UNIVERSITY HTS LOT 8 BLOCK 66 ACRES .1756

Ownership

  • Current Owner : YELLOW MAGNOLIA TEXAS LLC
  • Previous Owner : MOTEX SERIES INVESTMENTS LLC-SERIES 2225
  • Owner Before Previous Owner: MOTEX LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Waco Independent School District
  • Census Tract: 001000

Zoning

  • Zoning: R2

Geography

  • Assessors Map Reference: PG 78
  • Parcel: 48-042400-077000-0
  • Block: 66
  • Lot: 8
  • Municipality: CITY OF WACO
  • Latitude: 31.5574
  • Longitude: -97.1627

    Address

  • Full Address: 2225 Trice Ave
  • Address - House Number: 2225
  • Address - Street Name: Trice
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Waco
  • Carrier Code: C040
  • 4-Digit Zip Code: 2045
  • Zip Code: 76707

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,147
  • Tax Rate Code Area: 86

    Appraisal Valuation

  • Standard Deviation: 0.1782
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 76
  • Final Value: 215,763
  • High Value: 254,225
  • Low Value: 177,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: CADENCE BANK, N.A.
  • First Open Lien Mortgage Recording Date: Oct 31, 2023
  • First Open Lien Mortgage Loan Amount: $130,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $125,000
  • Market Land Value: $13,690
  • Market Improvement Value: $111,310

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $125,000
  • Assessed Land Value: $13,690
  • Assessed Improvements Value: $111,310

    Sales

  • Current Sale Contract Date: Oct 26, 2023
  • Current Sale Recording Date: Oct 31, 2023
  • Current Sale Transaction ID: 11915380274
  • Current Sale Price: $172,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 33864
  • Previous Sale Recording Date: Aug 09, 2021
  • Previous Sale Contract Date: Jul 21, 2021
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CADENCE BANK, N.A.
  • First Mortgage Transaction Date: Oct 31, 2023
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,044 ft²
$192/ft²
$199,950 Nov 17, 2022
-
$122/mo
House
2 Beds
2 Baths
1,534 ft²
$150/ft²
$230,000 Nov 23, 2022
-
$379/mo
House
3 Beds
2 Baths
1,280 ft²
$195/ft²
$250,000 Nov 22, 2022
-
$30/mo
House
3 Beds
2 Baths
1,384 ft²
$155/ft²
$215,000 Jan 11, 2023
-
$361/mo
House
3 Beds
2.5 Baths
1,461 ft²
$154/ft²
$225,000 Aug 17, 2022
-
$243/mo
House
3 Beds
2 Baths
1,693 ft²
$115/ft²
$195,000 Nov 11, 2022
-
$291/mo
House
3 Beds
2 Baths
1,693 ft²
$115/ft²
$195,000 Jan 7, 2023
-
-
House
4 Beds
2 Baths
1,316 ft²
$197/ft²
$259,900 Jan 3, 2023
-
$147/mo
House
2 Beds
2 Baths
2,171 ft²
$115/ft²
$250,000 Dec 22, 2021
-
$697/mo
House
3 Beds
2 Baths
2,128 ft²
$101/ft²
$214,900 Nov 30, 2022
-
$513/mo
Townhouse
3 Beds
1 Bath
1,468 ft²
$157/ft²
$229,900 May 31, 2022
-
$173/mo
House
3 Beds
2.5 Baths
2,235 ft²
$116/ft²
$260,000 Apr 28, 2022
-
$380/mo

About North Waco


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Frequently Asked Questions

When was property at 2225 Trice Avenue built and last sold?
The property at 2225 Trice Avenue was built in 1940 and last sold on Oct 26, 2023 for $172,900.
How much is this home worth?
The estimated value of the home located at 2225 Trice Avenue is $221,678.
What are some comparable homes to 2225 Trice Avenue?
Homes that are comparable to 2225 Trice Avenue include a house property at 2409 Mitchell Avenue, 1808 Colonial Avenue, 2317 Lyle Avenue.

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