1520 Elise Ave, Waco, TX, 76706
About This Home
Welcome to this beautifully appointed 4-bedroom, 3-bath home in the highly sought-after Lakes at University Parks community in Waco, Texas. Designed with both comfort and style in mind, this home features an open-concept floor plan that seamlessly connects the living room, dining area, and kitchen, creating the perfect space for everyday living and entertaining. The spacious kitchen showcases elegant quartz countertops, stainless steel appliances, an eat-at breakfast bar, and abundant cabinetry. Throughout the home, you'll find custom built-ins that add both character and functionality. Retreat to the luxurious primary suite featuring dual quartz vanities, an oversized walk-in shower, and ample storage. The upstairs laundry room includes a front-load washer and dryer for added convenience. Vinyl plank flooring extends throughout the main living areas, while all bedrooms offer comfortable carpeting. Step outside to enjoy the fenced backyard with beautiful lake views, providing a peaceful setting for relaxing, entertaining, or enjoying your morning coffee. Sprinkler system helps to keep your entire yard and front flower bed looking beautiful. Backyard offers you a view of the lake for a relaxing time on the back patio. Located in the desirable Lakes at University Parks neighborhood, this home offers modern finishes, thoughtful design, and scenic surroundings—all within minutes of Baylor University, downtown Waco, shopping, dining, and entertainment. Buyer and Buyer's agent to verify square footage.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 2023
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Board & Batten Siding,Brick
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Washer
- Laundry features: Electric Dryer Hookup,Laundry in Utility Room,In Hall
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 3
Features
- Built-in Features,Double Vanity,Open Floorplan,Pantry,Cable TV,Walk-In Closet(s)
- Flooring: Carpet,Luxury Vinyl Plank
Heating & Cooling
- Heating features: Electric
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 2,034 sqft
Living Room
- Level: First
- Dimensions: 15 x 15
Master Bedroom
- Features: Dual Sinks
- Level: Second
- Dimensions: 14 x 14
Property
Details
- Parcel number: 411339
Features
- Levels: Two
- Stories: 2
- Pool features: None
- On waterfront: Yes
Lot
- Lot size: 4,791 sqft
Parking
- Total spaces: 2
- Parking features: Driveway
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Heat Wave
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,906 | $22,872 |
| Home Insurance * | $223 | $2,676 |
| Property Taxes | $707 | $8,484 |
| Electricity | $238 | $2,859 |
| Total | $3,074 | $36,888 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-03 | Price change | $377,000 |
| 2026-06-04 | Listed for sale | $378,500 |
| 2024-09-13 | Listing removed | $2,100 |
| 2024-09-10 | Listed for rent | $2,100 |
For Sale by Agent
View on Zillow