Located in one of Waco’s growing areas near Baylor University, this 3 bedroom, 2 bathroom home offers an exceptional opportunity for buyers and investors seeking both immediate value and long term potential. With a newly improved price, this move in ready property is well positioned for owner occupants, student housing, short term rentals, or long term tenants. Furnishings are negotiable, creating additional flexibility for buyers looking for a more turnkey transition.
Inside, the home features a clean, modern design with an open concept kitchen, dining, and living area that creates a seamless and highly functional flow. The spacious primary suite comfortably accommodates a king or queen bed while still allowing room for a vanity or workspace, and includes a large walk in closet. A split bedroom layout positions the secondary bedrooms on the opposite side of the home, offering added privacy and flexibility for guests, roommates, or tenants. Each bedroom includes its own walk in closet, and the secondary bathroom provides additional storage for linens and essentials.
Engineered wood flooring runs throughout the entire home, delivering a polished, low maintenance finish with no carpet to manage. The home has been well maintained and is ready for its next owner to move in and enjoy immediately.
Surrounded by ongoing development and new construction, this property combines comfort, practicality, and investment potential in a location continuing to see strong growth and demand.
For sale
Price cut: $9K (5/27)
$289,000
1117 Merganser Way, Waco, TX 76706
3beds
1,526sqft
Single Family Residence
Built in 2019
6,011 Square Feet Lot
$282,800 Zestimate®
$189/sqft
$-- HOA
What's special
Split bedroom layoutClean modern designLarge walk in closetAll appliances includedSpacious primary suite
- 74 days |
- 162 |
- 14 |
Zillow last checked:
Listing updated:
Listed by:
Terry Holdbrook 0476883,
Central Metro Realty 512-454-6873
Source: NTREIS,MLS#: 21244484
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Features: Dual Sinks, Separate Shower
- Level: First
- Dimensions: 0 x 0
Primary bedroom
- Features: Walk-In Closet(s)
- Level: First
- Dimensions: 0 x 0
Kitchen
- Features: Breakfast Bar, Built-in Features, Eat-in Kitchen, Granite Counters, Kitchen Island
- Level: First
- Dimensions: 0 x 0
Living room
- Features: Ceiling Fan(s)
- Level: First
- Dimensions: 0 x 0
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker
- Laundry: Electric Dryer Hookup, Laundry in Utility Room
Features
- Eat-in Kitchen, High Speed Internet, Open Floorplan, Pantry, Cable TV
- Flooring: Luxury Vinyl Plank, Simulated Wood, Wood
- Windows: Window Coverings
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,526 sqft
Video & virtual tour
Property
Parking
- Total spaces: 4
- Parking features: Garage Faces Front, Garage, Garage Door Opener
- Attached garage spaces: 2
- Carport spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Fencing: Wood
Lot
- Size: 6,011 Square Feet
Details
- Parcel number: 480266590004060
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch,Traditional,Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Brick, Rock, Stone, Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Sewer Available, Water Available, Cable Available
Community & HOA
Community
- Features: Curbs
- Subdivision: Lakes At University Parks
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Price per square foot: $189/sqft
- Tax assessed value: $283,400
- Annual tax amount: $6,372
- Date on market: 4/20/2026
- Cumulative days on market: 75 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Asphalt
Estimated market value
$282,800
$269,000 - $297,000
$2,065/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/27/2026 | Price change | $289,000-3%$189/sqft |
Source: NTREIS #21244484 Report a problem | ||
| 4/20/2026 | Listed for sale | $298,000+1.7%$195/sqft |
Source: NTREIS #21244484 Report a problem | ||
| 8/30/2024 | Sold | -- |
Source: NTREIS #222133 Report a problem | ||
| 6/27/2024 | Pending sale | $293,000$192/sqft |
Source:  WMLS #222133 Report a problem | ||
| 6/20/2024 | Price change | $293,000-0.7%$192/sqft |
Source: WMLS #222133 Report a problem | ||
| 4/26/2024 | Price change | $295,000-3.3%$193/sqft |
Source: WMLS #222133 Report a problem | ||
| 4/12/2024 | Listed for sale | $305,000+2%$200/sqft |
Source: WMLS #222133 Report a problem | ||
| 4/7/2024 | Listing removed | -- |
Source: WMLS #218550 Report a problem | ||
| 12/1/2023 | Price change | $299,000-0.3%$196/sqft |
Source: WMLS #218550 Report a problem | ||
| 10/9/2023 | Listed for sale | $300,000+20%$197/sqft |
Source: WMLS #218550 Report a problem | ||
| 6/17/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 6/16/2023 | Listed for rent | $2,200$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/7/2021 | Sold | -- |
Source: Agent Provided Report a problem | ||
| 4/14/2021 | Pending sale | $249,900$164/sqft |
Source: WMLS #200528 Report a problem | ||
| 4/9/2021 | Listed for sale | $249,900$164/sqft |
Source: WMLS #200528 Report a problem | ||
| 8/29/2019 | Sold | -- |
Source: Agent Provided Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,372 +23.4% | $283,400 +23.8% |
| 2024 | $5,164 -4.4% | $228,950 -5% |
| 2023 | $5,403 -10.9% | $241,000 |
| 2022 | $6,067 +43.6% | $241,000 +26.8% |
| 2021 | $4,225 | $190,102 +10% |
| 2020 | -- | $172,820 +1212.2% |
| 2019 | $332 | $13,170 +11.6% |
| 2018 | $332 +172.3% | $11,800 +175.1% |
| 2017 | $122 +7.2% | $4,290 +2.9% |
| 2016 | $114 | $4,170 |
| 2015 | $114 | $4,170 -72.2% |
| 2014 | $114 | $15,000 |
| 2012 | -- | $15,000 +200% |
| 2011 | -- | $5,000 |
| 2010 | -- | $5,000 -28.6% |
| 2009 | -- | $7,000 -41.7% |
| 2008 | -- | $12,000 |
| 2007 | -- | $12,000 -20% |
| 2006 | -- | $15,000 |
| 2005 | -- | $15,000 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Oakwood
Nearby schools
GreatSchools rating
- 1/10South Waco Elementary SchoolGrades: PK-5Distance: 1.7 mi
- 2/10Cesar Chavez Middle SchoolGrades: 6-8Distance: 2.8 mi
- 3/10University High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: South Waco
- Middle: Cesar Chavez
- High: Waco
- District: Waco ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- Texas
- McLennan County
- Waco
- 76706
- Oakwood
- 1117 Merganser Way
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Nearby neighborhoods
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