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2912 E Edmond Ave
D- Composite 39.48
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • Cash flow +15.0/30.0
  • ARV discount +5.5/15.0
  • DSCR +4.6/10.0
  • 1% rule +3.7/10.0
  • Livability +3.7/5.0
  • Rent growth +2.8/5.0
  • Condition / age +2.5/5.0
  • Schools +1.8/10.0
  • Appreciation +0.0/10.0

$175,000

2912 E Edmond Ave · Waco, TX 76707
3 bd · 1.0 ba · 1,262 sqft · SingleFamily public records · 151 Days on market
Built 1925 5,314 sqft lot $139/sqft · at area comps Est $167k · at est.

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

OWNER FINANCE Available at 2912 E Edmond Ave!!! Buyer Rebate, Moving Trailer and Weekend Getaway!!! Step inside and discover the charm of this updated and remodeled classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details! You’ll be greeted by a welcoming front porch, perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and a cozy fireplace. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The home has been remodeled to a true 3 bedroom, 1 bathroom home with a formal dining room and separate living room. Utility room serves as the laundry room with easy access to the shady backyard which offers a peaceful escape with mature trees, and a storage unit out back. The front sidewalk adds to the friendly, walkable charm of the neighborhood. Cash, conventional, FHA, VA Welcome!! Owner offering seller financing on this one! Don't miss it! Virtually Staged Be sure to punch in 2912 E Edmond to ensure you reach the correct address via your GPS!!

Key facts

  • Built-in cabinetry
  • Cozy fireplace
  • 5,314 sq ft lot

Tags

UPDATED AND REMODELEDCRAFTSMAN STYLE BUNGALOWWELCOMING FRONT PORCHBUILT-IN CABINETRYVINTAGE GLASS DOOR KNOBSCOZY FIREPLACE

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 3-bed/1.0-bath single-family listed at $175k.

Deal economics

  • At list price, monthly cash flow is $54 ($644/yr) — positive.
  • The deal already cash-flows at list — no discount required.
  • To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $152k (13.1% below list).
  • Recommended offer: $152k (13.1% below list) — sets the bar for 1% rule.
  • Cap rate 6.7% vs local median 3.9% in Waco — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

  • Location reads 74/100 on livability (#166 in TX, #4,378 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D, commute F, employment D-.
  • Waco ISD (urban): math 20% / reading 24% proficiency, ranked #773 of 826 in TX (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
  • Zoned schools: Crestview El (math 17% / reading 17%, grade F, #3,836 of 4,322 statewide, top 91%, 451 students, 94% FRL); Tennyson Middle (math 29% / reading 35%, grade F, #971 of 1,662 statewide, top 60%, 999 students, 86% FRL); Waco H S (math 26% / reading 24%, grade F, #1,250 of 1,632 statewide, top 77%, 2,011 students, 88% FRL).
  • Market conditions: Rents rising (+1.1%/yr); 144 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 23d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,014 units permitted in McLennan County in 2024 (200 in 5+ unit buildings).
  • At $1,521/mo this rent would consume 45% of the median local household income ($40k/yr) (locally 704% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
  • McLennan County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 151 days — a 12% lower offer ($154k) is reasonable based on typical stale-listing flexibility.
  • 3 sale attempts; this cycle's ask has dropped $40k (19%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
  • Climate carrying-cost: major wind risk, 59% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Recommended offer $152,113 (13.1% below list)

Questions for the listing agent

  1. It's been on market 151 days. Have you received any prior offers? Is the seller open to a 13% concession, seller financing, or rate buy-down credit?
  2. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
  6. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  9. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  10. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

1% rule
0.87%
Cap rate
6.66%
Cash-on-cash
1.31%
DSCR
1.06
GRM
9.6

CMA / ARV

ARV (median comp)
$167,500
List price
$175,000
Delta
4.48%
Verdict
FAIR
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
2912 E Edmond Ave 0.00mi 3/1.0 1,262 (0%) 0mo $175,000 $139 100
2920 Ethel Ave 0.38mi 3/1.0 1,330 (+5%) 2mo $169,900 $128 72
705 N 33rd St 0.37mi 3/1.5 1,330 (+5%) 1mo $144,900 $109 71
3033 Cole Ave 0.16mi 3/1.0 1,089 (-14%) 2mo $235,000 $216 68
3220 Edmond Ave 0.33mi 3/2.0 1,376 (+9%) 1mo $225,000 $164 65
3732 Grim Ave 0.56mi 3/2.0 1,328 (+5%) 1mo $199,900 $151 60
3624 Erath Ave 0.43mi 3/1.0 1,119 (-11%) 1mo $179,900 $161 60
912 N 22nd St 0.57mi 3/2.0 1,168 (-7%) 2mo $199,999 $171 56
2015 Gorman Ave 0.71mi 2/1.0 (-1) 1,320 (+5%) 0mo $140,000 $106 54
1304 N 22nd 0.66mi 3/1.0 1,383 (+10%) 0mo $110,000 $80 53
3103 Homan Ave 0.36mi 2/1.0 (-1) 1,086 (-14%) 2mo $69,900 $64 53
3621 Gorman Ave 0.46mi 3/1.5 1,086 (-14%) 1mo $199,900 $184 53

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 1.14% rent growth · sell at horizon

5-year hold
IRR
-16.2%
Equity multiple
0.43×
Total profit
$-27,749
Equity at exit
$26,093
10-year hold
IRR
-11.4%
Equity multiple
0.37×
Total profit
$-30,870
Equity at exit
$15,131

Cash invested: $49,000 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
87 Strongly Landlord-Friendly
State Texas
87 Strongly Landlord-Friendly · R+5
County
— inherits STATE
City
— inherits STATE
3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

ZIP-level market 76707

Rents YoY
1.1%
Active inventory
144
Price-to-rent
9.6×

Monthly cashflow live

Estimated rent
$1,521 high interval (Pro) →
Mortgage (P&I)
$918
Tax from tax record
$157 /mo · $1,889/yr
Insurance
$73
HOA
$0
Vacancy / Maint / Mgmt
$319
Net cashflow
$54

Break-even live

Break-even rent $1,453
Max offer price $175,000
Occupancy floor 91%

Sensitivity live

Price -10% $153 -5% $103 +0% $54 +5% $4 +10% $-45
Rent -10% $-66 -5% $-6 +0% $54 +5% $114 +10% $174
Rate -1.0pp $142 -0.5pp $98 base $54 +0.5pp $8 +1.0pp $-38

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$43,750
Closing costs
$5,250
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 40 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
3400 W Brookview Dr Waco, TX 1.0–2.0 1.0 865 $1,209 $1.40 15d 5 0.25mi
2714 Morrow Ave Waco, TX 2.0 1.0 1484 $1,375 $0.93 23d 1 0.26mi
2632 Colonial Ave Unit B Waco, TX 2.0 1.0 896 $1,050 $1.17 23d 1 0.27mi
3121 Colonial Ave Waco, TX 3.0 2.0 1085 $1,600 $1.47 45d 1 0.28mi
3121 Colonial Ave Waco, TX 3.0 2.0 1085 $1,600 $1.47 23d 1 0.28mi
2724 Bosque Blvd Waco, TX 2.0 1.0 1120 $1,100 $0.98 23d 1 0.28mi
3116 Bosque Blvd Waco, TX 2.0 1.0 1100 $1,250 $1.14 15d 1 0.31mi
2705 Bosque Blvd Waco, TX 3.0 2.0 1028 $1,599 $1.56 45d 1 0.33mi
2601 Fort Ave Unit 4 Waco, TX 2.0 1.0 1000 $990 $0.99 45d 1 0.42mi
3621 Gorman Ave Waco, TX 3.0 1.5 1086 $1,950 $1.80 15d 1 0.45mi
3125 Ethel Ave Waco, TX 3.0 2.0 1760 $1,900 $1.08 23d 1 0.47mi
608 N 23rd St Waco, TX 3.0 1.0 1361 $1,695 $1.25 23d 1 0.59mi
3007 Parrott Ave Unit 1 Waco, TX 3.0 2.0 1458 $1,650 $1.13 23d 1 0.61mi
615 N 23rd St Waco, TX 2.0 1.0 900 $1,275 $1.42 23d 1 0.61mi
2116 Morrow Ave Waco, TX 4.0 2.0 1703 $1,650 $0.97 23d 1 0.65mi
1309 Sunset St Waco, TX 2.0 1.0 1102 $1,295 $1.18 23d 1 0.66mi
3701 Parkwood St Unit 3703 Waco, TX 2.0 1.0 950 $1,075 $1.13 15d 1 0.66mi
1400 N 23rd St Waco, TX 4.0 2.0 1650 $1,575 $0.95 15d 1 0.67mi
415 N 23rd St Waco, TX 3.0 2.0 1680 $2,000 $1.19 23d 1 0.68mi
2511 Parrott Ave Waco, TX 3.0 2.0 1463 $1,695 $1.16 45d 1 0.69mi
2900 Austin Ave Waco, TX 2.0 2.0 1176 $1,195 $1.02 45d 1 0.73mi
2001 Bosque Blvd Waco, TX 3.0 1.0 1628 $1,100 $0.68 45d 1 0.78mi
1901 N 28th St Waco, TX 3.0 2.0 1794 $1,950 $1.09 23d 1 0.79mi
2300 Washington Ave Waco, TX 3.0 1.0 1232 $1,650 $1.34 15d 1 0.81mi
1000 N 19th St Waco, TX 3.0 1.5 1800 $2,050 $1.14 23d 1 0.83mi
1300 N 43rd St Waco, TX 2.0 1.0 1109 $860 $0.78 23d 1 0.84mi
4019 Huaco Ln Waco, TX 2.0 1.0 875 $1,095 $1.25 23d 1 0.88mi
2714 Windsor Ave Waco, TX 2.0 1.0 979 $1,300 $1.33 45d 1 0.99mi
1113 N New Rd Waco, TX 3.0 2.0 1326 $1,620 $1.22 23d 1 1.00mi
1923 Austin Ave Unit 5202 Waco, TX 2.0 2.5 1265 $1,395 $1.10 23d 1 1.01mi
1821 Algonquin St Waco, TX 2.0 1.0 930 $1,150 $1.24 45d 1 1.02mi
2621 Windsor Ave Waco, TX 2.0 1.0 1108 $1,175 $1.06 23d 1 1.04mi
2100 N 33rd St Waco, TX 3.0 3.0 1858 $2,200 $1.18 45d 1 1.04mi
3821 Lasker Ave Waco, TX 3.0 2.0 1209 $1,850 $1.53 23d 1 1.05mi
3625 Maple Ave Waco, TX 2.0 1.0 950 $1,275 $1.34 45d 1 1.06mi
1815 Seneca Ave Waco, TX 3.0 2.0 1471 $1,650 $1.12 23d 1 1.07mi
3532 Windsor Ave Waco, TX 3.0 2.0 1100 $1,475 $1.34 15d 1 1.10mi
2000 Windsor Ave Waco, TX 4.0 2.5 1450 $1,800 $1.24 45d 1 1.21mi
1920 Windsor Ave Waco, TX 3.0 1.0 1216 $1,200 $0.99 45d 1 1.22mi
1825 Cumberland Ave Waco, TX 3.0 1.0 1400 $1,325 $0.95 15d 1 1.23mi

Listing history 13 events

  1. 2026-05-08
    historical Active Option Contract 1343-char remark
    Show marketing remark (1343 chars)

    OWNER FINANCE Available at 2912 E Edmond Ave!!! Buyer Rebate, Moving Trailer and Weekend Getaway!!! Step inside and discover the charm of this updated and remodeled classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details! You’ll be greeted by a welcoming front porch, perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and a cozy fireplace. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The home has been remodeled to a true 3 bedroom, 1 bathroom home with a formal dining room and separate living room. Utility room serves as the laundry room with easy access to the shady backyard which offers a peaceful escape with mature trees, and a storage unit out back. The front sidewalk adds to the friendly, walkable charm of the neighborhood. Cash, conventional, FHA, VA Welcome!! Owner offering seller financing on this one! Don't miss it! Virtually Staged Be sure to punch in 2912 E Edmond to ensure you reach the correct address via your GPS!!

  2. 2026-05-08
    status Active 1343-char remark
    Show marketing remark (1343 chars)

    OWNER FINANCE Available at 2912 E Edmond Ave!!! Buyer Rebate, Moving Trailer and Weekend Getaway!!! Step inside and discover the charm of this updated and remodeled classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details! You’ll be greeted by a welcoming front porch, perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and a cozy fireplace. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The home has been remodeled to a true 3 bedroom, 1 bathroom home with a formal dining room and separate living room. Utility room serves as the laundry room with easy access to the shady backyard which offers a peaceful escape with mature trees, and a storage unit out back. The front sidewalk adds to the friendly, walkable charm of the neighborhood. Cash, conventional, FHA, VA Welcome!! Owner offering seller financing on this one! Don't miss it! Virtually Staged Be sure to punch in 2912 E Edmond to ensure you reach the correct address via your GPS!!

  3. 2026-05-08
    historical 1343-char remark
    Show marketing remark (1343 chars)

    OWNER FINANCE Available at 2912 E Edmond Ave!!! Buyer Rebate, Moving Trailer and Weekend Getaway!!! Step inside and discover the charm of this updated and remodeled classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details! You’ll be greeted by a welcoming front porch, perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and a cozy fireplace. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The home has been remodeled to a true 3 bedroom, 1 bathroom home with a formal dining room and separate living room. Utility room serves as the laundry room with easy access to the shady backyard which offers a peaceful escape with mature trees, and a storage unit out back. The front sidewalk adds to the friendly, walkable charm of the neighborhood. Cash, conventional, FHA, VA Welcome!! Owner offering seller financing on this one! Don't miss it! Virtually Staged Be sure to punch in 2912 E Edmond to ensure you reach the correct address via your GPS!!

  4. 2026-04-17
    price $175,000 1343-char remark
    Show marketing remark (1343 chars)

    OWNER FINANCE Available at 2912 E Edmond Ave!!! Buyer Rebate, Moving Trailer and Weekend Getaway!!! Step inside and discover the charm of this updated and remodeled classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details! You’ll be greeted by a welcoming front porch, perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and a cozy fireplace. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The home has been remodeled to a true 3 bedroom, 1 bathroom home with a formal dining room and separate living room. Utility room serves as the laundry room with easy access to the shady backyard which offers a peaceful escape with mature trees, and a storage unit out back. The front sidewalk adds to the friendly, walkable charm of the neighborhood. Cash, conventional, FHA, VA Welcome!! Owner offering seller financing on this one! Don't miss it! Virtually Staged Be sure to punch in 2912 E Edmond to ensure you reach the correct address via your GPS!!

  5. 2026-03-22
    price $185,000 1343-char remark
    Show marketing remark (1343 chars)

    OWNER FINANCE Available at 2912 E Edmond Ave!!! Buyer Rebate, Moving Trailer and Weekend Getaway!!! Step inside and discover the charm of this updated and remodeled classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details! You’ll be greeted by a welcoming front porch, perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and a cozy fireplace. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The home has been remodeled to a true 3 bedroom, 1 bathroom home with a formal dining room and separate living room. Utility room serves as the laundry room with easy access to the shady backyard which offers a peaceful escape with mature trees, and a storage unit out back. The front sidewalk adds to the friendly, walkable charm of the neighborhood. Cash, conventional, FHA, VA Welcome!! Owner offering seller financing on this one! Don't miss it! Virtually Staged Be sure to punch in 2912 E Edmond to ensure you reach the correct address via your GPS!!

  6. 2026-03-02
    price $199,999 1343-char remark
    Show marketing remark (1343 chars)

    OWNER FINANCE Available at 2912 E Edmond Ave!!! Buyer Rebate, Moving Trailer and Weekend Getaway!!! Step inside and discover the charm of this updated and remodeled classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details! You’ll be greeted by a welcoming front porch, perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and a cozy fireplace. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The home has been remodeled to a true 3 bedroom, 1 bathroom home with a formal dining room and separate living room. Utility room serves as the laundry room with easy access to the shady backyard which offers a peaceful escape with mature trees, and a storage unit out back. The front sidewalk adds to the friendly, walkable charm of the neighborhood. Cash, conventional, FHA, VA Welcome!! Owner offering seller financing on this one! Don't miss it! Virtually Staged Be sure to punch in 2912 E Edmond to ensure you reach the correct address via your GPS!!

  7. 2026-02-15
    price $200,000 1343-char remark
    Show marketing remark (1343 chars)

    OWNER FINANCE Available at 2912 E Edmond Ave!!! Buyer Rebate, Moving Trailer and Weekend Getaway!!! Step inside and discover the charm of this updated and remodeled classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details! You’ll be greeted by a welcoming front porch, perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and a cozy fireplace. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The home has been remodeled to a true 3 bedroom, 1 bathroom home with a formal dining room and separate living room. Utility room serves as the laundry room with easy access to the shady backyard which offers a peaceful escape with mature trees, and a storage unit out back. The front sidewalk adds to the friendly, walkable charm of the neighborhood. Cash, conventional, FHA, VA Welcome!! Owner offering seller financing on this one! Don't miss it! Virtually Staged Be sure to punch in 2912 E Edmond to ensure you reach the correct address via your GPS!!

  8. 2026-02-03
    price $210,000 1343-char remark
    Show marketing remark (1343 chars)

    OWNER FINANCE Available at 2912 E Edmond Ave!!! Buyer Rebate, Moving Trailer and Weekend Getaway!!! Step inside and discover the charm of this updated and remodeled classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details! You’ll be greeted by a welcoming front porch, perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and a cozy fireplace. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The home has been remodeled to a true 3 bedroom, 1 bathroom home with a formal dining room and separate living room. Utility room serves as the laundry room with easy access to the shady backyard which offers a peaceful escape with mature trees, and a storage unit out back. The front sidewalk adds to the friendly, walkable charm of the neighborhood. Cash, conventional, FHA, VA Welcome!! Owner offering seller financing on this one! Don't miss it! Virtually Staged Be sure to punch in 2912 E Edmond to ensure you reach the correct address via your GPS!!

  9. 2025-12-20
    listed $215,000 Active 1343-char remark
    Show marketing remark (1343 chars)

    OWNER FINANCE Available at 2912 E Edmond Ave!!! Buyer Rebate, Moving Trailer and Weekend Getaway!!! Step inside and discover the charm of this updated and remodeled classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details! You’ll be greeted by a welcoming front porch, perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and a cozy fireplace. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The home has been remodeled to a true 3 bedroom, 1 bathroom home with a formal dining room and separate living room. Utility room serves as the laundry room with easy access to the shady backyard which offers a peaceful escape with mature trees, and a storage unit out back. The front sidewalk adds to the friendly, walkable charm of the neighborhood. Cash, conventional, FHA, VA Welcome!! Owner offering seller financing on this one! Don't miss it! Virtually Staged Be sure to punch in 2912 E Edmond to ensure you reach the correct address via your GPS!!

  10. 2025-10-31
    soldstatus
  11. 2025-10-30
    soldstatus Closed 1316-char remark
    Show marketing remark (1316 chars)

    Step back in time and discover the charm of this classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details that are increasingly hard to find. From the moment you arrive, you’ll be greeted by a wide, welcoming front porch — perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and period-appropriate tiling and tub. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The shady backyard offers a peaceful escape with mature trees, and the weathered garage offers additional storage space. The front sidewalk adds to the friendly, walkable charm of the neighborhood. This home is being sold as-is, offering a unique opportunity for those with a love of historic homes and an eye for restoration. Whether you're looking to preserve its classic appeal or thoughtfully update it for modern living, 2912 Edmond Ave is full of potential and heart. Don’t miss this rare chance to own a piece of Waco’s history.

  12. 2025-10-01
    status Pending 1316-char remark
    Show marketing remark (1316 chars)

    Step back in time and discover the charm of this classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details that are increasingly hard to find. From the moment you arrive, you’ll be greeted by a wide, welcoming front porch — perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and period-appropriate tiling and tub. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The shady backyard offers a peaceful escape with mature trees, and the weathered garage offers additional storage space. The front sidewalk adds to the friendly, walkable charm of the neighborhood. This home is being sold as-is, offering a unique opportunity for those with a love of historic homes and an eye for restoration. Whether you're looking to preserve its classic appeal or thoughtfully update it for modern living, 2912 Edmond Ave is full of potential and heart. Don’t miss this rare chance to own a piece of Waco’s history.

  13. 2025-09-16
    listed $115,000 Active 1316-char remark
    Show marketing remark (1316 chars)

    Step back in time and discover the charm of this classic 1929 Craftsman-style bungalow, nestled in a well-established Waco neighborhood. Lovingly owned by one family for generations, this home is filled with vintage character and timeless details that are increasingly hard to find. From the moment you arrive, you’ll be greeted by a wide, welcoming front porch — perfect for morning coffee or evening chats. Inside, the home boasts original features including beautiful built-in cabinetry, vintage glass door knobs, and period-appropriate tiling and tub. Hard floors and traditional Craftsman trim bring warmth and authenticity throughout the space. The kitchen features a newer gas hot water heater, and has a gas line in place for the stove! The shady backyard offers a peaceful escape with mature trees, and the weathered garage offers additional storage space. The front sidewalk adds to the friendly, walkable charm of the neighborhood. This home is being sold as-is, offering a unique opportunity for those with a love of historic homes and an eye for restoration. Whether you're looking to preserve its classic appeal or thoughtfully update it for modern living, 2912 Edmond Ave is full of potential and heart. Don’t miss this rare chance to own a piece of Waco’s history.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast TX · Resets to sale price

Current annual tax
$1,889 · $157/mo
Projected year-2 tax
$3,202 · $267/mo
Expected delta
+$1,314/yr (+$109/mo · 69.6%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

  • 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 2/10 Low
  • 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
  • 💨 Wind 6/10 Major 59% chance of damaging wind over 30 yrs
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$18,254
− Mortgage interest
−$9,803
− Property taxes
−$1,889
− Insurance
−$875
− Repairs & maintenance
−$1,460
− Management
−$1,460
− Depreciation
−$5,091
Taxable loss
−$2,324
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$558
After-tax cash flow
$1,202/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

District
Waco ISD
NCES district ID
4844280
Math proficiency
20% ▼ -14.00%
Reading proficiency
24% ▼ -6.00%
Median HH income
$29,208
Composite
17.57/100
National rank
#9043
State rank
#773 of 826 in TX

Livability — Waco

Score
74/100
State rank
#166
US rank
#4378

Category grades

Amenities C Commute F Cost of living A+ Crime D Employment D- Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Waco, TX
County
McLennan County · 213,088 people
City population
125,319
Metro
Waco, TX
Population (ZIP)
15,879
Household income
$40,443
Rent vs Own
41.1% rent · 58.9% own
Severe rent burden
704.0

Population outlook (McLennan County) Hauer SSP2

Today (2025)
264,191 people
By 2030
273,578 · +3.6%
By 2040
291,506 · +10.3%
By 2050
308,044 · +16.6%
By 2075
349,648 · +32.3%
By 2100
364,779 · +38.1%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Diverse neighborhood (Simpson 0.64)
Race & ethnicity
Hispanic / Latino 47% Black 32% Two or more races 26% White 18%
Hispanic origin (detail)
Mexican 43%
Common ancestry
Romanian 1% Lithuanian 1% Italian 1%
Foreign-born
15% · Canada
Languages at home
65% English-only · Spanish 34% Tagalog/Filipino 1%

Political lean MEDSL · McLennan

2024 margin
Solid R (+30.9) · D 34.0% · R 64.9% · Other 1.0%
2008→2024 swing
-7.0pp toward R · 2008: -23.9pp · 2024: -30.9pp
All cycles
2024: R+30.9 2020: R+23.4 2016: R+27.1 2012: R+29.8 2008: R+23.9

Not yet ingested

Civics

Market trends

HPI YoY
▼ -134.95%
Current HPI
239.639
Rent YoY
▲ 1.14%
Metro
Waco, TX
State GDP YoY
▲ 3.95%
F500 in state
110

Industry mix (Fortune 500 HQ in TX)

Industry F500 HQs Revenue

Price history

+52.2% since first listed
13 events — show timeline
  • 2026-05-08 Contingent NTREIS
  • 2026-05-08 Relisted NTREIS
  • 2026-05-08 Listing Removed NTREIS
  • 2026-04-17 Price Changed $175,000 NTREIS
  • 2026-03-22 Price Changed $185,000 NTREIS
  • 2026-03-02 Price Changed $199,999 NTREIS
  • 2026-02-15 Price Changed $200,000 NTREIS
  • 2026-02-03 Price Changed $210,000 NTREIS
  • 2025-12-20 Listed $215,000 NTREIS
  • 2025-10-31 Sold (Public Records) Public Records
  • 2025-10-30 Sold (MLS) NTREIS
  • 2025-10-01 Pending NTREIS
  • 2025-09-16 Listed $115,000 NTREIS

Property tax history

+5.8%/yr

Latest (2025): $1,889 · +19.6% YoY. Source: county tax records.

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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