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3000 Ethel Ave, Waco, TX, 76707

--beds
1baths
1,932sqft
$189,900
$98price/sqft
$1,742/moest. monthly cost
$69,680/yrincome needed

About This Home

2 properties for under $190,000. Unique Dual-Home Investment Opportunity in Waco! Exceptional opportunity to own two income-producing homes on one property ID—perfect for investors or multi-generational living. The main residence at 3000 Ethel Ave is a charming single-family home offering inviting living spaces and timeless appeal. The secondary home at 1412 N 30th St is a 1-bedroom, 1-bath garage apartment, ideal for generating rental income, hosting guests, or providing a private in-law suite. Conveniently located near downtown Waco, Baylor University, shopping, and local amenities, this versatile property combines flexibility, steady income potential, and long-term value in one prime package. Live in one, rent the other -build wealth in Waco. New roof installed approximately 2018 Also available as part of a larger investment portfolio – MLS 21191915

Getting Around

40
WalkingCar-Dependent
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

2/10
4/10
Tennyson Middle SchoolGrades 6-82.3 mi
3/10
Waco High SchoolGrades 9-121.3 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Slab
  • Roof: Composition
  • Construction materials: Unknown

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Cooktop,Gas Water Heater

Bedrooms & Bathrooms

  • Bathrooms: 1

Features

  • Other
  • Window features: Window Coverings
  • Flooring: Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Natural Gas,Space Heater
  • Cooling features: Ceiling Fan(s),Window Unit(s)

Interior Area

  • Total structure area: 1,932
  • Total interior livable area: 1,932 sqft

Property

Details

  • Parcel number: 480226000097006
  • Exclusions: Tenants' Personal Belongings

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: None
  • Fencing: None

Lot

  • Lot size: 8,232 sqft

Parking

  • Total spaces: 2
  • Parking features: Driveway,Off Street,Parking Pad
  • Has uncovered spaces: 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
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Lightning
Hail

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 $960$11,520
Home Insurance *$196$2,352
Property Taxes $348$4,176
Electricity $238$2,859
Total$1,742$20,904
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$59,725/yr
40% on housing$52,260/yr
45% on housing$46,453/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

$98This listing

vs Other Active Listings

Avg $/sqft

ZIP 76707$99
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76707$153
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)

No zestimate history available

Price History

DateEventPrice
2026-04-07Price change$545,000
2026-04-07Price change$189,900
2026-03-02Price change$574,000
2025-10-21Listed for sale$199,000
2019-09-18Sold--
2019-08-09Pending sale$120,000
2019-07-17Listed for sale$120,000
2018-11-07Listing removed$119,900
2018-10-18Price change$119,900
2018-10-01Price change$120,000
2018-09-14Listed for sale$125,000
2018-02-07Listing removed$850
2018-01-11Price change$850
2017-12-06Listed for rent$900
2017-02-27Listing removed$850
2017-01-26Listed for rent$850
2016-02-03Listing removed$850
2016-01-12Listed for rent$850
2014-06-12Listing removed$800
2014-06-04Price change$800
2014-05-04Listed for rent$850
2012-11-29Listing removed$600
2012-11-08Price change$600
2012-09-21Listed for rent$625
2011-10-15Listing removed$600

For Sale by Agent

AgentPatricia Meadows
BrokerageGraceland Real Estate

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