Welcome to 1516 Elise Ave! This immaculate 3 bedroom, 2 bath home is nicely situated in the Lakes at University Parks subdivision, backing to the community's private lake. Featuring an accomodating open floorplan, this home has a wonderful bright & airy feel throughout along with a neutral color pallet, allowing ease in decorating. Upon entry, you are immediately greeted by lake views. The Kitchen features a nice island with breakfast bar, ample cabinet space for storage, a pantry, quartz counters & stainless steel appliances. Just off the kitchen is the open dining space with space for a buffett or china hutch. The spacious living area is ultra relaxing, overlooking the backyard & lake. The Isolated Primary suite is oversized and situated to the back of the home, offering lake views, plus a full en suite, offering dual vanities, a large walk in shower and walk in closet. Guest bedrooms are nicely sized with good closet space. Outdoors, you have a fully fenced backyard & covered patio, with gate access to the lake that allows catch & release fishing. Get ready to call this stunning home YOURS! Schedule your showing today!
Sold
Price Unknown
1516 Elise Ave, Waco, TX 76706
3beds
1,497sqft
Single Family Residence
Built in 2023
4,791 Square Feet Lot
$312,300 Zestimate®
$--/sqft
$2,260 Estimated rent
Home value
$312,300
$294,000 - $334,000
$2,260/mo
Zestimate® history
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$500/mo
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List your homeWhat's special
Stainless steel appliancesQuartz countersCovered patioFully fenced backyardNeutral color pallet
Zillow last checked:
Listing updated:
Listed by:
Valerie Warschak 567821,
The Agency Waco 254-300-4034
Bought with:
Lily Flores
Magnolia Realty
Source: NTREIS,MLS#: 21171378
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 14 x 17
Living room
- Level: First
- Dimensions: 16 x 17
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dishwasher, Electric Range, Electric Water Heater, Microwave
Features
- Built-in Features, Double Vanity, High Speed Internet, Kitchen Island, Open Floorplan, Pantry, Cable TV, Walk-In Closet(s)
- Flooring: Luxury Vinyl Plank
- Has basement: No
- Has fireplace: No
Interior area
- Total interior livable area: 1,497 sqft
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage, Garage Door Opener
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Fencing: Metal
- Has view: Yes
- View description: Water
- Has water view: Yes
- Water view: Water
- Waterfront features: Waterfront
Lot
- Size: 4,791 Square Feet
- Features: Sprinkler System, Waterfront
Details
- Parcel number: 480266620007040
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman,Detached
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Materials
- Foundation: Slab
- Roof: Composition
Condition
- Year built: 2023
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available
Community & HOA
Community
- Features: Community Mailbox, Curbs, Lake
- Subdivision: Lakes University Pks Add Ph 4
HOA
- Has HOA: Yes
- Services included: All Facilities
- HOA fee: $500 annually
- HOA name: Stylecraft
- HOA phone: 254-300-4034
Location
- Region: Waco
Financial & listing details
- Tax assessed value: $225,780
- Annual tax amount: $6,131
- Date on market: 2/5/2026
- Cumulative days on market: 12 days
- Listing terms: Cash,Conventional,FHA,VA Loan
- Electric utility on property: Yes
- Road surface type: Asphalt
Price history
| Date | Event | Price |
|---|---|---|
| 3/11/2026 | Sold | -- |
Source: NTREIS #21171378 Report a problem | ||
| 3/2/2026 | Pending sale | $324,900$217/sqft |
Source: NTREIS #21171378 Report a problem | ||
| 2/17/2026 | Contingent | $324,900$217/sqft |
Source: NTREIS #21171378 Report a problem | ||
| 2/5/2026 | Price change | $324,900+1.2%$217/sqft |
Source: NTREIS #21171378 Report a problem | ||
| 10/18/2025 | Price change | $321,000-1.2%$214/sqft |
Source: NTREIS #21051888 Report a problem | ||
| 10/2/2025 | Price change | $324,900-1.5%$217/sqft |
Source: NTREIS #21051888 Report a problem | ||
| 9/5/2025 | Listed for sale | $329,900+4.1%$220/sqft |
Source: NTREIS #21051888 Report a problem | ||
| 9/4/2025 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/4/2025 | Listed for sale | $317,000$212/sqft |
Source: Owner Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,046 -42% | $225,780 -16.9% |
| 2024 | $3,528 +927.1% | $271,780 +1674% |
| 2023 | $343 | $15,320 |
Find assessor info on the county website
Neighborhood: Oakwood
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Nearby schools
GreatSchools rating
- 1/10South Waco Elementary SchoolGrades: PK-5Distance: 1.5 mi
- 2/10Cesar Chavez Middle SchoolGrades: 6-8Distance: 2.6 mi
- 3/10University High SchoolGrades: 9-12Distance: 2.7 mi
Schools provided by the listing agent
- Elementary: South Waco
- Middle: Tennyson
- 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.
- Texas
- McLennan County
- Waco
- 76706
- Oakwood
- 1516 Elise Ave
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