$1,100,000
●
House -
For Sale
5004 Gholson Road
Waco, TX 76705
3 Beds
3 Baths,
1
Half Bath
3,145 Ft²
$6,723
Est. Monthly
About This Property
This rustic lodge-style retreat sits on approximately 7.5 acres of
open Texas land, set behind a gated entry with a long private drive
that gives the whole place a quiet, tucked-away feel. The
wraparound porch pulls you in right away, and the outdoor spaces
are set up for unwinding with room to grill, gather, or relax under
the wide country sky. Inside, the home blends stone accents,
stained concrete floors, wood beams, and custom trim, creating warm
spaces filled with natural light. The living room centers around a
pellet stove and opens to a kitchen that's both stylish and
practical with granite countertops, a large island, and
stainless-steel appliances.
The main-level suite feels peaceful with its own laundry room, a fully tiled walk-in shower, and a spacious closet. Upstairs offers two additional bedrooms, two ensuite-full baths, and a generous loft that overlooks the main living area, giving everyone room to spread out.
The property includes an impressive collection of workshops and storage buildings (over 12,000 sq. ft) with room for equipment, projects, and hobbies. One building features an upstairs apartment with two bedrooms, two baths, a full kitchen, and its own deck, making it ideal for guests or other uses.
For those who enjoy tending animals or simply appreciate well-planned space, the barn includes a chicken coop, aviary, tack room, power, water, and a covered area, all set near the tank that serves as a useful water source. There's a sense of calm throughout the property, from the stone paths winding between buildings to the open green views that stretch out in every direction. With its thoughtful layout, flexible spaces, and relaxed setting, this place offers a lifestyle that feels both grounded and inviting.
The main-level suite feels peaceful with its own laundry room, a fully tiled walk-in shower, and a spacious closet. Upstairs offers two additional bedrooms, two ensuite-full baths, and a generous loft that overlooks the main living area, giving everyone room to spread out.
The property includes an impressive collection of workshops and storage buildings (over 12,000 sq. ft) with room for equipment, projects, and hobbies. One building features an upstairs apartment with two bedrooms, two baths, a full kitchen, and its own deck, making it ideal for guests or other uses.
For those who enjoy tending animals or simply appreciate well-planned space, the barn includes a chicken coop, aviary, tack room, power, water, and a covered area, all set near the tank that serves as a useful water source. There's a sense of calm throughout the property, from the stone paths winding between buildings to the open green views that stretch out in every direction. With its thoughtful layout, flexible spaces, and relaxed setting, this place offers a lifestyle that feels both grounded and inviting.
Unit Size
3,145 Ft²
Days on Market
-
Land Size
7.50 acres
Price per sqft
$350
Property Type
House
Property Taxes
$1,322
HOA Dues
-
Year Built
-
Listed By
Payment Calculator
Home Price
Down Payment
%
Loan Term
Interest %
Your Estimated Monthly Payment
Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:
Cap Rate Calculator
Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 18 days ago (NTREIS #21329772)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 17, 2026 | Listed by Keller Williams Realty, Waco | $1,100,000 | |
| Listed by Keller Williams Realty, Waco | |||
| Jun 11, 2026 | No longer available | - | |
| No longer available | |||
| Dec 10, 2025 | Listed by Keller Williams Realty, Waco | $1,150,000 | |
| Listed by Keller Williams Realty, Waco | |||
   | |||
|
This rustic lodge-style retreat sits on approximately 7.5 acres of open Texas land, set behind a gated entry with a long private drive that gives the whole place a quiet, tucked-away feel. The wraparound porch pulls you in right away, and the outdoor spaces are set up for unwinding with room to grill, gather, or relax under the wide country sky. Inside, the home blends stone accents, stained concrete floors, wood beams, and custom trim, creating warm spaces filled with natural light. The living room centers around a pellet stove and opens to a kitchen that’s both stylish and practical with granite countertops, a large island, and stainless-steel appliances.
The main-level suite feels peaceful with its own laundry room, a fully tiled walk-in shower, and a spacious closet. Upstairs offers two additional bedrooms, two ensuite-full baths, and a generous loft that overlooks the main living area, giving everyone room to spread out.
The property includes an impressive collection of workshops and storage buildings (over 12,000 sq. ft) with room for equipment, projects, and hobbies. One building features an upstairs apartment with two bedrooms, two baths, a full kitchen, and its own deck, making it ideal for guests or other uses.
For those who enjoy tending animals or simply appreciate well-planned space, the barn includes a chicken coop, aviary, tack room, power, water, and a covered area, all set near the tank that serves as a useful water source. There’s a sense of calm throughout the property, from the stone paths winding between buildings to the open green views that stretch out in every direction. With its thoughtful layout, flexible spaces, and relaxed setting, this place offers a lifestyle that feels both grounded and inviting.
| |||
| May 6, 2023 | No longer available | - | |
| No longer available | |||
| Jul 24, 2022 | Price Decreased |
$1,275,000
↓ $224K
(14.9%) | |
| Price Decreased | |||
Show More
Property Highlights
Garage
Air Conditioning
Fireplace
Parking Details
Has Garage
Attached Garage
Parking Features: Circular Driveway, Garage, Garage Door Opener, Garage Faces Side
Garage Spaces: 3
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: Built-in Features, Cathedral Ceiling(s), Chandelier, Granite Counters, High Speed Internet, Kitchen Island, Natural Woodwork, Vaulted Ceiling(s), Walk-In Closet(s), Cable TV Available, Decorative Lighting
Appliances: Dishwasher, Electric Cooktop, Electric Water Heater, Microwave, Double Oven, Refrigerator, Vented Exhaust Fan
Flooring Type: Carpet, Concrete, Tile
Has Fireplace
Fireplace Features: Living Room, Pellet Stove, Raised Hearth, Stone
Fireplaces: 1
Exterior Details
Square Footage: 3145
Security Features: Smoke Detector(s)
Year Built: 2017
Levels: Two
Other Structures: Barn(s), Guest House, Outbuilding, Poultry Coop, Second Residence, See Remarks, Shed(s), Storage, Workshop, Workshop w/Electric
Window Features: Window Coverings
Construction Materials: Frame, Stone
Patio and Porch Features: Covered, Front Porch, Patio, Rear Porch
Pool Features: Separate Spa/Hot Tub
Lot Features: Cleared, Few Trees, Interior Lot, Level, Acreage, Lrg. Backyard Grass
Lot Size Area: 7.5
Lot Size Units: Acres
Lot Size Acres: 7.5
Lot Size Square Feet: 326700
Tax Lot: 6
Financial Details
Tax Annual Amount: $15,860
Utilities Details
Cooling Type: Ceiling Fan(s), Central Air, Electric, Window Unit(s)
Heating Type: Central, Electric, Pellet Stove
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About McLennan
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jeffery Bird, Keller Williams Realty, Waco
Last Updated: 18 days ago
Data Source: NTREIS MLS, MLS# 21329772
Details provided by NTREIS and may not match the public record
Last Updated: 18 days ago
Data Source: NTREIS MLS, MLS# 21329772
Details provided by NTREIS and may not match the public record
Your Privacy Choices
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017