2719-2721 Parrott Ave, Waco, TX, 76707
About This Home
Welcome to 2719–2721 Parrott Ave, a fantastic income-producing duplex offering immediate cash flow and long-term investment potential! This two-story property features two separate units, making it ideal for investors or owner-occupants looking to offset their mortgage. Unit A offers a spacious 3-bedroom, 1-bath layout, while Unit B features a comfortable 2-bedroom, 1-bath setup—perfect for tenants seeking affordability and convenience. Currently, the property is tenant-occupied with rental income of $800 month, providing steady cash flow from day one. Whether you’re looking to expand your investment portfolio or live in one unit while renting out the other, this property delivers flexibility and value. Located in a growing area with strong rental demand, this duplex is a great opportunity to build equity while generating income. Don’t miss your chance to own a versatile property with solid upside potential!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1929
Materials
- Foundation: Concrete Perimeter,Pillar/Post/Pier
- Roof: Shingle
- Construction materials: Wood Siding
Type & Style
- Home type: SingleFamily
- Property subType: Duplex,Multi Family
Interior
Appliances
- Appliances included: Disposal,Microwave
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Features
- Open Floorplan
- Flooring: Hardwood
Heating & Cooling
- Heating features: Other
- Cooling features: Other
Interior Area
- Total structure area: 2,808
- Total interior livable area: 2,808 sqft
Property
Details
- Parcel number: 480340000588009
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 8,232 sqft
Parking
- Total spaces: 2
- Parking features: Driveway
- Has uncovered spaces: Yes
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
- Hail
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 | $1,511 | $18,132 |
| Home Insurance * | $309 | $3,708 |
| Property Taxes | $338 | $4,056 |
| Electricity | $308 | $3,700 |
| Total | $2,466 | $29,592 |
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 |
|---|---|---|
| 2026-04-21 | Price change | $330,000 |
| 2026-04-12 | Listed for sale | $335,000 |
For Sale by Agent
View on Zillow