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3317 N 23rd St, Waco, TX, 76708

2beds
1baths
843sqft
$79,997
$95price/sqft
$851/moest. monthly cost
$34,040/yrincome needed

About This Home

Investor Special Prime North Waco investment opportunity with incredible upside and major location advantage. This 2-1 asset is in better condition than your typical distressed property, giving investors a head start on a fix-and-flip, BRRRR, or long-term buy-and-hold strategy. Located just minutes from Cameron Park’s trails, recreation areas, and riverfront, plus a short drive to the local university giving this project powerful appeal for student renters, faculty, young professionals, and resale buyers. Rare chance to secure a cleaner, easier, faster project in one of Waco’s strongest demand corridors. Solid bones, blank canvas, and an ideal footprint makes this perfect for strategic cosmetic upgrades or rental-ready improvements to boost ARV and cash-flow potential. Motivated seller. Sold - as-is.

Getting Around

57
WalkingSomewhat Walkable
0
TransitVery Limited Transit
39
BikeSomewhat Bikeable

Schools

4/10
1/10
3/10
Waco High SchoolGrades 9-122.3 mi

Construction

Condition

  • Year built: 1947

Materials

  • Construction materials: Frame,Wood Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Farmhouse
  • Property subType: Farm,Single Family Residence

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Other
  • Flooring: Carpet,Laminate,Wood

Interior Area

  • Total interior livable area: 843 sqft

Kitchen

  • Level: First
  • Dimensions: 10 x 11

Living Room

  • Level: First
  • Dimensions: 12 x 15

Master Bedroom

  • Level: First
  • Dimensions: 11 x 11

Property

Details

  • Parcel number: 480289000136003

Features

  • Levels: One
  • Stories: 1
  • Pool features: None

Lot

  • Lot size: 7,318 sqft
  • Lot size dimensions: 55 x 133

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
  • 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 $404$4,848
Home Insurance *$57$684
Property Taxes $152$1,824
Electricity $238$2,859
Total$851$10,212
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$29,177/yr
40% on housing$25,530/yr
45% on housing$22,693/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

$95This listing

vs Other Active Listings

Avg $/sqft

ZIP 76708$131
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76708$156
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
2026-03-26Price change$97,700
2025-12-14Listed for sale$106,700
2025-04-24Sold--

For Sale by Agent

AgentSalvador Caballero
BrokerageListWithFreedom.com

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