
Description
One block from Cameron Park, updated 2/2, appliances included. The lot to the left of the house, 508 Herring lot is included in the sale. The house is zoned R-3E and eligible for a short-term rental license, STR Type II for a permit by right. The lot to the left is suitable for a nice outdoor space or buyer could chose to build. The lot is located in the opportunity zone. The owner will finance as an investment property with 15% down. The owner will consider lower down payment for owner occupant. OWNER FINANCE $225,000, $33,750 Down 360 months / 7% Loan Payment will include escrows and servicing fees PITI $1272.39 Taxes 293.26 Ins 125.00 (Contact insurance company to get a quote - short termrental insurance will be higher) 35.00 Servicing Fee $1,725.65 Estimated payment including taxes and insurance Buyer Closing Costs: $1250.00 RMLO Documents $495.00 (excluded for investor purchase) One year house insurance paid at closing & 2 months escrow taxes & insurance $586 - Property Tax Escrow (based of 2024 taxes) $250 - Insurance Escrow (estimated, actual amount based on buyer ins) Loan documents will be Dodd Frank compliant
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2BEDS
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0.14ACRES
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2BATHS
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01/2 BATHS
Description
One block from Cameron Park, updated 2/2, appliances included. The lot to the left of the house, 508 Herring lot is included in the sale. The house is zoned R-3E and eligible for a short-term rental license, STR Type II for a permit by right. The lot to the left is suitable for a nice outdoor space or buyer could chose to build. The lot is located in the opportunity zone. The owner will finance as an investment property with 15% down. The owner will consider lower down payment for owner occupant. OWNER FINANCE $225,000, $33,750 Down 360 months / 7% Loan Payment will include escrows and servicing fees PITI $1272.39 Taxes 293.26 Ins 125.00 (Contact insurance company to get a quote - short termrental insurance will be higher) 35.00 Servicing Fee $1,725.65 Estimated payment including taxes and insurance Buyer Closing Costs: $1250.00 RMLO Documents $495.00 (excluded for investor purchase) One year house insurance paid at closing & 2 months escrow taxes & insurance $586 - Property Tax Escrow (based of 2024 taxes) $250 - Insurance Escrow (estimated, actual amount based on buyer ins) Loan documents will be Dodd Frank compliant
Provided Courtesy Of Waco Association of REALTORS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. Copyright © 2025 Waco Association of REALTORS, Inc. All Rights Reserved. Data last updated 2025-02-12T19:18:04.62.