822 N 15th St, Waco, TX, 76707
About This Home
Welcome to The Pepper Place—a truly unique property that blends timeless character, thoughtful updates, and exceptional versatility. Currently operating as a successful turnkey Airbnb, this spacious 5-bedroom, 3.5-bath home offers an outstanding opportunity for investors looking to continue a thriving short-term rental business or for buyers seeking a distinctive place to call home. For added convenience, the home's furnishings and amenities may be conveyed with an acceptable offer, allowing for a seamless transition and immediate operation as a short-term rental. Conveniently located near many of the area's most popular attractions and destinations, this home delivers space, style, and functionality throughout. The updated kitchen is designed for gathering, featuring abundant built-in storage, a stunning reclaimed wood island with seating, and seamless flow into the expansive dining area—ideal for entertaining guests or enjoying everyday meals with family and friends. Thoughtfully selected finishes can be found throughout the home, including classic tilework in the bathrooms that adds timeless charm and character. A dedicated laundry room provides everyday convenience, while the large, fully fenced backyard offers plenty of room for entertaining, relaxing, pets, or play. Whether you're looking for an income-producing investment, a vacation property, or a one-of-a-kind primary residence, Pepper Place offers endless possibilities. Move-in ready and full of personality, this is a rare opportunity to own a memorable property that's ready to be enjoyed from day one.
Getting Around
Somewhat Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1913
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Gas Range,Vented Exhaust Fan
- Laundry features: Laundry in Utility Room
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Decorative/Designer Lighting Fixtures,Double Vanity,Eat-in Kitchen,Granite Counters,Kitchen Island,Open Floorplan
- Flooring: Carpet,Tile,Wood
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Ceiling Fan(s),Electric
Interior Area
- Total interior livable area: 2,738 sqft
Living Room
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: First
- Dimensions: 0 x 0
Property
Details
- Parcel number: 480017000049000
Features
- Levels: Two
- Stories: 2
- Pool features: Pool
- Patio & porch: Rear Porch,Front Porch,Covered
- Exterior features: Fire Pit,Lighting,Private Yard
- Has spa: Yes
- Spa features: Hot Tub
- Fencing: Back Yard,Perimeter,Privacy,Wood
Lot
- Lot size: 10,062 sqft
- Features: Back Yard,Cleared,Lawn,Few Trees
Parking
- Parking features: Driveway
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
- Hail
- 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 | $3,534 | $42,408 |
| Home Insurance * | $724 | $8,688 |
| Property Taxes | $1,283 | $15,396 |
| Electricity | $300 | $3,607 |
| Total | $5,841 | $70,092 |
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 |
|---|---|---|
| 2026-08-13 | Price change | $675,000 |
| 2026-06-05 | Listed for sale | $699,000 |
| 2024-08-02 | Sold | -- |
| 2024-06-27 | Pending sale | $550,000 |
| 2024-05-17 | Price change | $550,000 |
| 2024-04-11 | Listed for sale | $650,000 |
| 2021-12-09 | Listing removed | -- |
| 2021-10-27 | Listed for sale | $899,000 |
| 2021-10-13 | Pending sale | $899,000 |
| 2021-08-25 | Listed for sale | $899,000 |
For Sale by Agent
View on Zillow