700 Hines Ave, Waco, TX, 76706
About This Home
Modern, low-maintenance multi family opportunity with three move-in ready units : a 2021-built cottage and a duplex, all offering strong appeal for both investors and owner-occupants. The modern 2-story cottage is a 1 bedroom plus versatile flex space and 1.5 baths, highlighted by an open main level with a living and dining area, recessed lighting, and durable wood-look flooring. The galley kitchen includes white shaker cabinets, solid-surface counters, gas range, built-in microwave, dishwasher, refrigerator, and nearby stacked washer dryer, with all appliances conveying. Upstairs, a private bedroom with walk-in closet and full bath with extended vanity and step-in shower, not to forget a flex room ideal for an office, media space, or guest area. Exterior features include a covered front entry, fenced yard, and ample paved parking, making this home an attractive option for a live-in owner or rental. The duplex offers two spacious 1 bedroom, 1 bath units designed for easy upkeep and consistent rental demand. Unit A provides a bright, open layout with a large living area, stained concrete floors, neutral paint, recessed lighting, and ceiling fan, plus a well-appointed kitchen with painted shaker cabinetry, solid-surface counters, and stainless steel appliances. The bedroom delivers excellent natural light and closet storage, while the oversized bath offers an extended vanity, ample cabinetry, tub & shower combination, and in-unit washer & dryer. Unit B mirrors the modern feel with an open living and dining space, durable wood-look flooring, painted shaker cabinets, solid-surface counters, full appliance package, generous bedroom, large bath with extra storage and laundry machines as well. Off-street parking and low-maintenance finishes across all three dwellings is an appealing setup for investors seeking immediate income, or buyers wishing to occupy one unit and lease the others to help offset housing costs. Make this amazing opportunity in the Baylor bubble yours!
Getting Around
Car-Dependent
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 2021
Materials
- Foundation: Slab
- Roof: Composition
Type & Style
- Home type: MultiFamily
- Property subType: Triplex,Multi Family
Interior
Appliances
- Appliances included: Dryer,Dishwasher,Electric Oven,Disposal,Washer
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
Features
- Other
- Flooring: Concrete,Laminate,Vinyl
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 2,612
- Total interior livable area: 2,612 sqft
Property
Details
- Parcel number: 480211000016007
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 7,013 sqft
Parking
- Total spaces: 3
- Parking features: Driveway,Outside,Shared Driveway,On Street
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
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 | $2,654 | $31,848 |
| Home Insurance * | $311 | $3,732 |
| Property Taxes | $963 | $11,556 |
| Electricity | $286 | $3,441 |
| Total | $4,214 | $50,568 |
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 |
|---|---|---|
| 2026-06-12 | Listing removed | $1,400 |
| 2026-06-11 | Price change | $525,000 |
| 2026-05-07 | Listed for rent | $1,400 |
| 2024-12-18 | Price change | $575,000 |
| 2024-11-08 | Listing removed | $1,400 |
| 2024-11-07 | Listed for sale | $287,500 |
| 2024-08-13 | Listed for rent | $1,400 |
| 2024-08-07 | Listing removed | -- |
| 2024-07-28 | Price change | $1,500 |
| 2024-06-11 | Price change | $1,800 |
| 2024-05-31 | Listed for rent | $2,000 |
| 2020-12-23 | Sold | -- |
| 2020-12-15 | Pending sale | $34,900 |
| 2020-11-25 | Listed for sale | $34,900 |
| 2016-04-29 | Sold | -- |
| 2016-01-28 | Listed for sale | $9,999 |
| 2015-05-13 | Listing removed | $25,777 |
| 2014-11-14 | Listed for sale | $25,777 |
For Sale by Agent
View on Zillow