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979 Old Mexia Rd, Waco, TX, 76705

6beds
3baths
1,556sqft
$649,990
$418price/sqft
$4,704/moest. monthly cost
$188,160/yrincome needed

About This Home

Welcome to your private 5-acre retreat just minutes from the heart of Waco. This fully fenced property offers an Description: exceptional blend or comfort, versatility, and potential-featuring three separate homes, a barn, working shed, and cattle-ready fencing, making it perfect for multi-family living, income potential, or anyone seeking wide-open Texas avine with sodce lo crow. The mam nome oners s bedrooms and s lull bat, newly renovaled trom lop lo Dollom Dy c professional custom-home builder. Upgrades include new flooring, walls, and a modernized bathroom, plus an expanded carport and refined finishes that bring craftsmanship and style together. The second home is a 2 bedroom, 1 bath awelling attached to the main structure. Previously rented, it remains untinisned and ready for your touch—ideal for guest quarters, rental income, or extended family use. The third home is a brand-new 1 bedroom, 1 bath cottage, offering modern comfort and flexibility for a questhouse or additional rental. Outdoors, you'll find a spacious barn. fenced pastures, and a working shed, perfect for livestock, storage, or hobby projects. With 5 acres of land, there's ample room to expand, build, or customize to your vision. The owner-being a seasoned custom-home builder-is open lo workina with buvers to comere or personalize the probery to their exac spect catons. with the rant oner and a signed contract, you can bring your dream home to life with a builder who knows the property inside and out. With 5 acres, multiple homes, and a builder ready to help realize your vision-imagine the possibilities this Waco gem offers.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
25
BikeSomewhat Bikeable

Construction

Condition

  • Year built: 1987

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Farm,Single Family Residence

Interior

Appliances

  • Appliances included: Electric Cooktop,Electric Oven,Microwave

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Built-in Features

Interior Area

  • Total interior livable area: 1,556 sqft

Living Room

  • Level: First
  • Dimensions: 15 x 15

Master Bedroom

  • Level: First
  • Dimensions: 15 x 11

Property

Details

  • Parcel number: 280570000633076
  • Attached to another structure: Yes

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 5 Acres

Parking

  • Total spaces: 5
  • Parking features: Attached Carport,Additional Parking
  • Covered spaces: 5
  • Carport: Yes
  • Carport spaces: 5

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

  • Lightning
    LightningVery High
  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Hail
    HailModerate
  • Inland Flooding
    Inland FloodingModerate
  • Strong Wind
    Strong WindModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Lightning
Tornado
Cold Wave
Heat Wave
Hail
Inland Flooding
Strong Wind
Wildfire

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

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 $3,286$39,432
Home Insurance *$621$7,452
Property Taxes $559$6,708
Electricity $238$2,859
Total$4,704$56,448
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$161,280/yr
40% on housing$141,120/yr
45% on housing$125,440/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

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: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$418This listing

vs Other Active Listings

Avg $/sqft

ZIP 76705$141
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76705$151
McLennan County$167

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
2026-04-15Price change$649,990
2025-12-22Price change$679,990
2025-10-22Listed for sale$699,990
2023-05-11Listing removed--
2023-05-08Price change$470,000
2023-03-08Listed for sale$480,000

For Sale by Agent

AgentMatthew Bassi
BrokerageMatthew Bassi, Broker

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