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701 North New Road

701 North New Road, Waco, TX 76710
Multifamily in Overlook
701 North New Road in Waco, TX was first built in 1960 and is 64 years old. This has been categorized as a commercial property type. It is a single story home. 701 North New Road has 12,896 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 1,610 ft and the linear feet between the front and back of the lot is 1,490. In total, the area measurement of the land is 26,136 square feet.

Learn more about the property and building on this page. 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 steel control joints. The exterior walls of the home are made of brick. 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, 701 North New Road sold most recently in Jun 30, 2020 for a total of $425,000. If you work out the math, that's approximately a cost of $32.65 per sqft. Before that, the property was also sold for $500,000 in Oct 1, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $14,879 in taxes each year. 701 North New Road was most recently assessed in 2020. During this assessment, the property's total value was estimated to be about $559,620. If we break it down further, the land itself was valued at $104,540. Improvements to the property, however, were assessed at a total of $455,080. The property's total market value has been marked the same as the total assessed value which is pretty typical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Brick Venner Exterior

Parking

Assigned Parking
Parking Lot
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: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Construction Type: Steel
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26,136
  • Lot Size Depth Feet: 1,490
  • Lot Size Frontage Feet: 1,610
  • Total Building Area: 13,016
  • Gross Building Area: 13,016
  • Building Area: 13,016
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 12,896
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: OVERLOOK
  • Land Acres: 0.6
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: OVERLOOK BLOCK 6 LOT 5B 6A 7 ACRES .6

Ownership

  • Current Owner : BUILT WRIGHT PROPERTIES LLC
  • Previous Owner : MARTIN LORI H
  • Owner Before Previous Owner: GREGORY PATRICIA GAYLE
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Oct 12, 2020

Neighborhood

  • School District Name: Waco Independent School District
  • Census Tract: 002498

Geography

  • Assessors Map Reference: PG 239
  • Account Number: 184454
  • Parcel: 480323010039007
  • Block: 6
  • Lot: 5B
  • Municipality: CITY OF WACO
  • Latitude: 31.5291
  • Longitude: -97.1737

    Address

  • Full Address: 701 N New Rd
  • Address - House Number: 701
  • Street Direction: N
  • Address - Street Name: New
  • Address - Suffix Type: Rd
  • State: TX
  • City Name: Waco
  • Carrier Code: C061
  • 4-Digit Zip Code: 4854
  • Zip Code: 76710

Valuation

    Tax

  • Tax Year: 2020
  • Tax Amount: $14,879
  • Tax Rate Code Area: 48 80 86

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: NATIONAL UNITED
  • First Open Lien Mortgage Recording Date: Jul 01, 2020
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $559,620
  • Market Land Value: $104,540
  • Market Improvement Value: $455,080

    Assessments Valuation

  • Assessed Year: 2020
  • Assessed Total Value: $559,620
  • Assessed Land Value: $104,540
  • Assessed Improvements Value: $455,080

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11770840396
  • Current Sale Price: $425,000
  • Current Sale Document Type: Vendor's Lien
  • Current Sale Input Document Number: 2020021768
  • Previous Sale Recording Date: Oct 04, 2010
  • Previous Sale Contract Date: Oct 01, 2010
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Vendor's Lien

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL UNITED
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $340,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

    Previous Mortgages

  • Previous Mortgage Lender: PATRICIA GAYLE GREGORY
  • Previous Mortgage Transaction Date: Oct 04, 2010
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Seller take-back
  • Previous Mortgage Loan Due Date: Oct 01, 2015

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Frequently Asked Questions

What neighborhood is 701 North New Road located in?
The 701 North New Road is a multifamily located in the neighborhood of Overlook in Brookview, Waco.
What is the average sales price for listings in 701 North New Road?
The average sales price for units in 701 North New Road is $0 currently.

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