16 days on rocket

618 S 7th St, Waco, TX, 76706

$785,000

Home List Price

$9,322*

Closing Credit

3 Bedrooms
2 Full Baths
1,120 SqFt
$701/SqFt
House

Location

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618 S 7th St, Waco$785,000

Buyer Closing Credits

$9,322*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone, Other, Paved, See Remarks
Year Built1935
HeatingCentral
CoolingCeiling Fan(s), Central Air, Electric
FireplaceNone, Outside
MLS #226797
Lot Size0.17 Acres
StatusActive

About 618 S 7th St

The Urban Myrtle is a top-rated short-term rental in the heart of downtown Waco, just 291 steps from the iconic Magnolia Silos and less than a mile from the Foster Pavilion at Baylor University. This fully furnished, 3-bedroom, 2-bathroom home has been completely remodeled, offering a private master suite with a separate tub and shower, a cozy family room, and a spacious open kitchen. The property comes completely furnished inside and out, with all furniture, decor, accessories, and nic-nacs conveying with the purchase. Guests enjoy the beautifully decorated interiors and a gorgeous backyard with a covered patio, fire pit, extra parking, and a fully fenced yard with crepe myrtles lining the driveway. Zoned O-2, the property is an ideal investment with all bookings transferring with new ownership, allowing the short-term rental business to continue seamlessly. With a 4.99-star rating from 295 reviews, consistent bookings, and great revenue potential, the Urban Myrtle is one of the best opportunities in the area, ideally located within walking distance to all the hotspots of Downtown Waco.

Property Details

Property Features

Property Information:

  • Year Built: 1935
  • Stories: 1
  • Living Area: 1,120 SqFt

Listing Office:

  • Office Name: Bridge Realty
  • Office Phone: (254) 300-5017
  • Listing Agent: Kadette Fossum

Interior Features

Interior Information:

  • Appliances: Range, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Plumbed For Ice Maker
  • Flooring Type: Terrazzo, Tile, Wood
  • Interior: Ceiling Fan(s), Soaking Tub, Granite Counters
  • Fireplace: None, Outside

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fire Pit, Garden, Fence, Wood Fence, Deck, Porch/Covered, Patio

Parking Information:

  • Parking: None, Other, Paved, See Remarks

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

Utilities

Utilities Information:

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

Price Information

Listing Price Info

Price Summary:

  • List Price: $785,000
  • Price Per SqFt: $701/SqFt

Tax Information:

  • Annual Amount: $4,040
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Waco, TX.

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Waco, TX

City

Med. List Price

$279.4K

Med. Price/SqFt

$169

Avg. Days On Market

88

# of Sold Homes

5

618 S 7th St vs Waco

16 DAYS ON ROCKET

-72 Days

$785,000

+$505.5K More

$701/SqFt

+$532 More

KEY TAKEAWAY

This property is $505.5K more than the Median List Price and $532/SqFt more than other homes in Waco, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Waco
  • MLS Number: #226797

Listing Office:

  • Office Name: Bridge Realty
  • Office Phone: (254) 300-5017
  • Listing Agent: Kadette Fossum

IDX This data is provided by the Waco Association of REALTORS® Multiple Listing Service Inc. Internet Data Exchange is 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. The listing broker is listed on each listing; the information is deemed reliable but not guaranteed accurate. Copyrighted © 2024 Waco Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 2:16:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$4,040$156,260
2020$3,618$151,970
2019$2,872$133,430
2018$2,872$102,090
2017$2,456$86,410

History based on county public records data.

Payment Calculator

$3,985

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,420

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-857142
7
/10

  • Bell's Hill Elementary School

  • 2100 Ross Ave

  • 1.13 miles

  • Public District Grades PK-5

school-card-donut-857143
3
/10

  • West Avenue Elementary School

  • 1101 N 15th St

  • 1.34 miles

  • Public District Grades PK-5

school-card-donut-857144
2
/10

  • J. H. Hines Elementary School

  • 301 Garrison St

  • 1.59 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $10,174. Most Waco, TX residents have annual incomes less than $35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 618 S 7th St

What is the listing price of this property?

The listing price of 618 S 7th St property is $785,000.

What type of property is this?

The property 618 S 7th St is a house located in Waco, Texas, 76706.

Is this property for sale now?

Active Listing: 618 S 7th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $4,040 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 618 S 7th St has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 618 S 7th St is 1,120 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 618 S 7th St is 1935.

Rocket Homes›Texas›McLennan County›Waco›76706›618 S 7th St

This home is located at 618 S 7th St in Waco, TX and zip code 76706 in the Downtown neighborhood. This 1,120 square foot home, which was built in 1935, sits on a 0.17 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $785,000.

The inventory of homes for sale in Waco, TX between October 2024 and November 2024 increased by 6.7%. In November 2024 median list price was $279,450 and the average listing age was 88 days.

From Rocket Homes Real Estate and based on county public records data.

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