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E Schrock Rd, Waterloo, IA, 50701

--beds
--baths
--sqft
$525,000
--price/sqft
$3,826/moest. monthly cost
$153,040/yrincome needed

About This Home

Price is for 35 acres of 70 total available. Premiere homestead small farm site along paved E Schrock Rd just south of Washburn. Hill top area creates long views of the sunrise and sunset. Mature pines add to the privacy and wind break. The rest is crop land that will be leased to the current owner for yearly income. Subject to Black Hawk County approval of new homestead site and seller approval of lease back terms.

Getting Around

0
WalkingCar-Dependent
0
TransitNo Nearby Transit
27
BikeSomewhat Bikeable

Schools

8/10
Orange Elementary SchoolGrades PK-54.0 mi
6/10
Hoover Middle SchoolGrades 6-85.7 mi
3/10
West High SchoolGrades 9-125.8 mi

Construction

Type & Style

  • Home type: SingleFamily
  • Property subType: Farm

Property

Details

  • Parcel number: 881230451007
  • Zoning: A

Lot

  • Lot size: 35 Acres
  • Lot size dimensions: tbd

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

  • Drought
    DroughtRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate

How This Home’s Risks Compare

Drought
Inland Flooding
Strong Wind
Tornado
Winter Weather
Cold Wave
Hail

FEMA Declared Disasters Across Iowa Counties

Tornado

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

MonthlyAnnual
Mortgage $2,654$31,848
Home Insurance *$470$5,640
Property Taxes $581$6,972
Electricity $121$1,452
Total$3,826$45,912
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$131,177/yr
40% on housing$114,780/yr
45% on housing$102,026/yr

Iowa FAIR Plan Programs

Iowa FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 1,021Commercial: 22
Total Premiums$1.14M
Total Exposure$85.68M

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.

Insurance Growth Rate5-year average: 13.2%
13.2%
0%30.0%
Electricity Growth Rate10-year average: 1.9%
1.9%
0%15.0%
Property Taxes Growth Rate2-year average: -1.2%
-1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

--This listing

vs Other Active Listings

Avg $/sqft

ZIP 50701$132
Black Hawk County$137

vs Homes Sold Last Month

Median $/sqft

ZIP 50701$122
Black Hawk County$123

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

DateEventPrice
2026-06-26Listed for sale$525,000
2026-04-04Listing removed$700,000
2025-10-09Listed for sale$700,000
2025-06-19Listing removed$800,000
2024-12-19Price change$800,000
2024-12-19Price change$700,000
2024-12-19Listed for sale$800,000
2024-03-14Listing removed$875,000
2023-09-13Price change$875,000
2023-09-12Price change$995,000
2023-09-12Listed for sale$875,000

For Sale by Agent

AgentJim Benda
BrokerageFischels Commercial Group

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