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504 Preston St, Waco, TX, 76704

5beds
3baths
1,742sqft
$178,000
$102price/sqft
$1,765/moest. monthly cost
$70,600/yrincome needed

About This Home

Check out this tenant-occupied gem—3 of the 5 rooms are already rented! Enjoy a well-kept yard and privacy-fenced backyard for added appeal. Inside, modern touches shine, and with a little TLC, the potential is huge. Located just 4 minutes from downtown Waco & Baylor University—this is one you don’t want to miss!

Getting Around

52
WalkingSomewhat Walkable
0
TransitVery Limited Transit
43
BikeSomewhat Bikeable

Schools

1/10
1/10
3/10
Waco High SchoolGrades 9-124.0 mi

Construction

Condition

  • Year built: 1913

Materials

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

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater,Microwave,Refrigerator
  • Laundry features: Washer Hookup,Dryer Hookup

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 3
  • Full bathrooms: 2
  • 1/2 bathrooms: 1

Features

  • Built-in Features
  • Flooring: Laminate,Wood
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Ceiling Fan(s),Electric

Interior Area

  • Total interior livable area: 1,742 sqft

Living Room

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 0 x 0

Master Bedroom

  • Features: Ceiling Fan(s)
  • Level: First
  • Dimensions: 0 x 0

Property

Details

  • Parcel number: 480442000064005

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Patio & porch: Covered
  • Fencing: Chain Link,Full

Lot

  • Lot size: 6,250 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
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Inland Flooding
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 $900$10,800
Home Insurance *$279$3,348
Property Taxes $348$4,176
Electricity $238$2,859
Total$1,765$21,180
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$60,514/yr
40% on housing$52,950/yr
45% on housing$47,066/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

$102This listing

vs Other Active Listings

Avg $/sqft

ZIP 76704$66
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76704$88
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
2026-03-26Price change$178,000
2025-08-01Price change$189,000
2025-07-11Price change$199,999
2025-06-26Price change$210,000
2025-03-19Price change$249,000
2025-01-24Price change$259,000
2024-12-03Price change$269,500
2024-10-18Listed for sale$280,000

For Sale by Agent

AgentAnel Perales
BrokerageEG Realty

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