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2722 Gorman Ave, Waco, TX, 76707

2beds
1baths
1,606sqft
$209,000
$130price/sqft
$1,623/moest. monthly cost
$64,920/yrincome needed

About This Home

1920's charmer features a welcoming front porch, two bedrooms, and a sunroom to enjoy! Family room with nice natural light and fireplace that leads to a large formal dining space. Quaint details include roman shades, crown molding, and wood floors. Fenced, oversized backyard with deck area!

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

2/10
4/10
Tennyson Middle SchoolGrades 6-82.4 mi
3/10
Waco High SchoolGrades 9-121.6 mi

Construction

Condition

  • Year built: 1920

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition

Type & Style

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

Interior

Appliances

  • Appliances included: Disposal,Gas Water Heater,Microwave

Bedrooms & Bathrooms

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

Features

  • Cable TV
  • Flooring: Carpet,Tile,Wood
  • Number of fireplaces: 1
  • Fireplace features: Living Room
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air,Window Unit(s)

Interior Area

  • Total interior livable area: 1,606 sqft

Living Room

  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 196381

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Chain Link

Lot

  • Lot size: 8,250 sqft

Parking

  • Parking features: No Garage

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
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Lightning

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 $1,056$12,672
Home Insurance *$216$2,592
Property Taxes $113$1,356
Electricity $238$2,859
Total$1,623$19,476
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$55,645/yr
40% on housing$48,690/yr
45% on housing$43,280/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

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 76707$98
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)

Price History

DateEventPrice
2026-08-12Price change$205,000
2026-06-30Listed for sale$209,000
2022-02-25Listing removed--
2021-09-23Listed for sale$223,900
2018-06-01Sold--
2018-04-13Pending sale$112,000
2018-04-13Listed for sale$112,000
2015-09-30Listing removed$90,000
2015-09-08Listed for sale$90,000
2015-07-17Sold--
2013-12-03Listing removed$89,700
2013-11-26Listed for sale$89,700
2013-11-20Sold--
2013-10-04Price change$89,700
2013-09-30Price change$89,900
2013-09-19Price change$87,000
2013-07-06Listed for sale$89,000
2011-09-14Listing removed$86,000
2011-06-18Listed for sale$86,000
2011-05-02Listing removed$89,000
2011-03-26Price change$89,000
2011-03-05Listed for sale$94,000

For Sale by Agent

AgentHalston Reyna
BrokerageCamille Johnson

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