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2708 S 2nd St, Waco, TX, 76706

4beds
3baths
1,560sqft
$450,000
$288price/sqft
$3,105/moest. monthly cost
$124,200/yrincome needed

About This Home

NOW UNDER CONSTRUCTION AND READY FOR AUGUST 2026 MOVE IN! Was this the worst kept home needing the most work anywhere near Baylor University? Probably! Does this home offer the most upside in a super desirable package surrounded by new construction which will most assuredly push the property value to the moon in the near future? Definitely! --- Right now, it's far from pretty but in the near future, this four bedroom, three bathroom home will be transformed into an impressive home well suited to student living, game days, and get togethers indoors and out! ----- As you can see from the photos, demo has already begun! Noted design firm, The McLeod Company, has a new roof, new windows, all new siding completed with a MASSIVE new, front porch and deck. Inside electrical and plumbing rough in are underway!. ----- Inside, the kitchen and all bathrooms will be gutted. Any repairs to flooring, framing, insulation, or the HVAC will be undertaken. New sheetrock, paint, finishes, cabinetry, fixtures, and appliances will be installed so that this property needs absolutely NOTHING when students move in this fall. ----- For those who act fast, decisions about finish out, amenities, and fixtures can all be decided in collaboration with The McLeod Company; or the property can be bought as is so that you can take 100% of the upside yourself! ----- With a .19 acre lot that's the perfect size for student activities, no HOA, and central campus location surrounded by student, exclusive housing, THIS is the deal of the year. Call or text today to see this fabulous property and seize the opportunity for yourself!

Getting Around

20
WalkingCar-Dependent
0
TransitVery Limited Transit
41
BikeSomewhat Bikeable

Schools

1/10
2/10
3/10
University High SchoolGrades 9-123.1 mi

Construction

Condition

  • Year built: 1991

Type & Style

  • Home type: SingleFamily
  • Architectural style: Detached
  • Property subType: Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Other

Interior Area

  • Total interior livable area: 1,560 sqft

Living Room

  • Level: First
  • Dimensions: 12 x 12

Master Bedroom

  • Level: First
  • Dimensions: 12 x 12

Property

Details

  • Parcel number: 480210000098018

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 8,276 sqft

Parking

  • Parking features: None

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
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Lightning
    LightningRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Lightning
Heat Wave
Inland Flooding

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 $2,275$27,300
Home Insurance *$266$3,192
Property Taxes $326$3,912
Electricity $238$2,859
Total$3,105$37,260
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$106,457/yr
40% on housing$93,150/yr
45% on housing$82,800/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

$288This listing

vs Other Active Listings

Avg $/sqft

ZIP 76706$157
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76706$176
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
2026-04-04Price change$450,000
2025-12-21Listed for sale$375,000
2025-11-07Sold--
2025-10-31Pending sale$375,000
2025-10-31Listed for sale$375,000
2024-08-14Listing removed--
2024-07-01Listed for sale$325,000
2024-02-28Pending sale$325,000
2024-02-16Price change$325,000
2023-10-16Price change$399,900
2023-08-15Listed for sale$285,000
2023-08-02Listing removed--
2023-04-25Price change$285,000
2023-03-27Price change$295,000
2023-02-05Price change$299,000
2023-01-20Listed for sale$320,000

For Sale by Agent

AgentMatthew McLeod
BrokerageThe McLeod Company

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