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2501 Austin Avenue

2501 Austin Avenue, Waco, TX 76710
Commercial in Austin Avenue
1 Units For Sale
Unit for sale at 2501 Austin Avenue, Waco, TX 76710

$999,900

  • Commercial
  • 3,844 ft²
2501 Austin Avenue, Waco, TX 76710 Listing by Thomas Hanson

2501 Austin Avenue in Waco, TX was first built in 1920 and is 104 years old. This has been categorized as a commercial property type. There are a total of 2 floors. 2501 Austin Avenue has 4,712 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,500 ft and the linear feet between the front and back of the lot is 1,650. In total, the area measurement of the land is 24,750 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The home has a reinforced concrete style roof made of composition shingle. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of materials we are unsure of. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2501 Austin Avenue sold most recently in Aug 17, 2023 for a total of $829,920. If you work out the math, that's approximately a cost of $170.07 per sqft. Before that, the property was also sold for $295,005 in Feb 6, 2007. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,505 in taxes each year. The initial year of tax delinquency occurred in 2022. 2501 Austin Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $913,910. If we break it down further, the land itself was valued at $95,290. Improvements to the property, however, were assessed at a total of $818,620. The property's total market value has been marked the same as the total assessed value which is pretty typical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!

Building Features

Parking

Carport
Parking Lot
Paved Parking
This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1920
  • Building Count: 2
  • Bedroom Count: 0
  • Construction Type: Wood
  • Exterior Walls Type: Other
  • Roof Shape Type: Reinforced concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 168
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 24,750
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 4,880
  • Gross Building Area: 4,880
  • Building Area: 4,880
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,712
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: GLENWOOD
  • Land Acres: 0.568
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: GLENWOOD LOT 5 6 & 7 BLOCK 47 ACRES .5682

Ownership

  • Current Owner : WACO SMILE GROUP LLC
  • Previous Owner : COLLINS MARLO MAY
  • Owner Before Previous Owner: FRAM DAVID CANNON
  • Owner Before Previous Owner 2: STEWART FRAM R
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Waco Independent School District
  • Census Tract: 000700

Zoning

  • Zoning: O2

Geography

  • Assessors Map Reference: PG 94
  • Parcel: 48-020000-028900-7
  • Block: 47
  • Lot: 5
  • Municipality: CITY OF WACO
  • Latitude: 31.5405
  • Longitude: -97.1508

    Address

  • Full Address: 2501 Austin Ave
  • Address - House Number: 2501
  • Address - Street Name: Austin
  • Address - Suffix Type: Ave
  • State: TX
  • City Name: Waco
  • Carrier Code: C065
  • 4-Digit Zip Code: 7417
  • Zip Code: 76710

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,505
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 86

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $624,000
  • First Open Lien Mortgage Lender: COLLINS MARLO
  • First Open Lien Mortgage Recording Date: Aug 21, 2023
  • First Open Lien Mortgage Loan Amount: $624,000
  • First Open Lien Mortgage Term: 71
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Seller take-back
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2029

    Market Valuation

  • Market Total Value: $913,910
  • Market Land Value: $95,290
  • Market Improvement Value: $818,620

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $913,910
  • Assessed Land Value: $95,290
  • Assessed Improvements Value: $818,620

    Sales

  • Current Sale Contract Date: Aug 17, 2023
  • Current Sale Recording Date: Aug 21, 2023
  • Current Sale Transaction ID: 11911331943
  • Current Sale Price: $829,920
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 26482
  • Previous Sale Recording Date: Feb 07, 2007
  • Previous Sale Contract Date: Feb 06, 2007
  • Previous Sale Amount: $295,005
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: COLLINS MARLO
  • First Mortgage Transaction Date: Aug 21, 2023
  • First Mortgage Loan Amount: $624,000
  • First Mortgage Terms: 71
  • First Mortgage Loan Type: Seller take-back
  • First Mortgage Loan Due Date: Aug 01, 2029

About Austin Avenue



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2501 Austin Avenue located in?
The 2501 Austin Avenue is a commercial located in the neighborhood of Austin Avenue in Austin Avenue, Waco.
How many listings are currently for sale in 2501 Austin Avenue?
There is a listing currently on the market for sale.
What is the average sales price for listings in 2501 Austin Avenue?
The average sales price for units in 2501 Austin Avenue is $999,900 , or $260/sqft. currently.

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