2720 S 2nd St, Waco, TX, 76706
About This Home
Some deals just make sense. There is a reason why you see continuous growth and development in the Baylor Bubble - because demand is steady, the market remains underserved, and those who are capitalizing are making impressive returns. Rarely will you find an investment opportunity that provides short, medium, and long term return potential all packaged into one property. 2720 S 2nd Street in Waco is just that - a Baylor-area house and development opportunity not just in the path of growth, but right in the middle of it. Drive the street and surrounding area and you will see the development activity underway. The great thing about this house is that it is tucked away on an acre (.994 ac) with an existing house to provide interim and long-term income alongside multiple investment, development, and exit strategies. So many options - purchase and hold, renovate, rent, flip, develop, or any combination that makes sense for you. The house has 3 bedrooms, 1.5 bath, just over 1,200 square feet and sits on the front corner of the lot. So much potential here, this one is priced to sell and will not last long. Call today for your private tour.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1950
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Features
- Other
Interior Area
- Total interior livable area: 1,208 sqft
Living Room
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: First
- Dimensions: 0 x 0
Property
Details
- Parcel number: 480210000006002
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Lot size: 0.99 Acres
- Features: Cleared
- Lot size dimensions: 120' x 361'
Parking
- Parking features: Additional Parking
- Has garage: 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
- Lightning
- Heat Wave
- Inland Flooding
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 | $1,491 | $17,892 |
| Home Insurance * | $175 | $2,100 |
| Property Taxes | $557 | $6,684 |
| Electricity | $238 | $2,859 |
| Total | $2,461 | $29,532 |
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 |
|---|---|---|
| 2026-05-28 | Listed for sale | $295,000 |
| 2026-04-01 | Listing removed | $305,000 |
| 2025-09-25 | Listed for sale | $305,000 |
| 2024-10-09 | Listing removed | $350,000 |
| 2024-06-12 | Price change | $350,000 |
| 2024-01-17 | Listed for sale | $425,000 |
| 2008-03-16 | Listing removed | $165,000 |
| 2008-01-31 | Listed for sale | $165,000 |
For Sale by Agent
View on Zillow