322 Crescent Road
About This Property
Inside, original hardwoods, soaring ceilings and two fireplaces set the tone for a home steeped in warmth and elegance. Major systems recently replaced include 2 brand new HVAC systems and ductwork, 30-yr roof, and nearly all plumbing and electrical. The sprawling floorplan features two generous living areas, a formal dining room, and a sunroom ideal as an office or reading nook. Natural light pours through every room, illuminating thoughtful design touches and curated finishes that honor the home's architectural roots while adding just the right amount of contemporary flair.
Outdoors, a stone path meanders through lush landscaping from front to back, leading down to a massive wide open lawn - an ideal canvas for a future pool. A full staircase leads to the unfinished attic, brimming with potential for expansion into a studio, playroom, or bedroom. Complete with a 2-car garage and located on a beloved non-thru street in one of Waco's most iconic neighborhoods, 322 Crescent is a rare blend of history, beauty, and modern comfort waiting for you to write her next chapter.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 2, 2025 | Sold | ||
| Sold | |||
| Aug 20, 2025 | In contract | - | |
| In contract | |||
| Jul 2, 2025 | Listed by AG Real Estate & Associates | $732,000 | |
| Listed by AG Real Estate & Associates | |||
| Feb 21, 2022 | No longer available | - | |
| No longer available | |||
| Feb 18, 2022 | Listed by Better Homes and Gardens | $530,000 | |
| Listed by Better Homes and Gardens | |||
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A PIECE OF WACO HISTORY CAN BE YOURS!! This absolutely Stunning home in Karem Park next to Castle Heights is now available! This almost century old custom home is simply a dream to see. The backyard is so incredible it's been host to many major events, weddings, neighborhood gatherings, etc. With over 2900 square feet, the layout of home is absolutely perfect for any seller. The isolated bedrooms are so nice. The home also has a wonderful lounge or hobby room. Guests will enter into an inviting receiving room with tall ceilings, a warm fire in the fireplace, and tons of natural light from the beautiful windows. Your storage worries are no more....this property has over 600 separate square feet of storage. Only a 4 minute drive to shopping, entertainment and wonderful cuisine that Downtown Waco has to offer! Call today to make an appt for a private, scheduled showing. The manager has listed the unit size as 3051 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017