OWNER FINANCE OPPORTUNITY – Rare opportunity to purchase two adjoining parcels in Waco’s Opportunity Zone, offering outstanding flexibility for homeowners, investors, and developers alike. Featuring highly desirable R-3E zoning, these properties allow for a variety of high-density residential uses including duplexes, townhomes, multifamily residences, and apartments, creating exceptional future development potential in one of Waco’s growing areas.
The primary property features a spacious 2-bedroom, 2-bath home updated with fresh interior paint and new flooring, offering a clean and move-in ready space. Outside, you’ll find a detached garage along with additional storage space ideal for a workshop, studio, or hobby area. The adjoining vacant lot expands the possibilities even further, providing additional space for development, investment, or future expansion.
Conveniently located just minutes from Cameron Park, the Cameron Park Zoo, and the Brazos River, these properties offer quick access to some of Waco’s most popular outdoor attractions, trails, recreation, dining, downtown Waco, Baylor University, and major thoroughfares.
Whether you’re looking for a primary residence with additional land, an income-producing investment, or a future development opportunity, these combined parcels offer incredible versatility and long-term potential.
A DIFFERENT PATH TO HOMEOWNERSHIP – Flexible owner financing options are available for qualified buyers, creating an attractive opportunity for those seeking alternative financing solutions.
For sale
Price cut: $30.1K (5/28)
$179,900
512 Herring Ave, Waco, TX 76708
2beds
1,176sqft
Single Family Residence
Built in 1940
0.27 Acres Lot
$175,500 Zestimate®
$153/sqft
$-- HOA
What's special
Detached garageFresh interior paintNew flooring
- 28 days |
- 741 |
- 77 |
Zillow last checked:
Listing updated:
Listed by:
Daniela Rodriguez 749556,
Turner Brothers Real Estate, LLC 254-759-8027
Source: NTREIS,MLS#: 21283703
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Primary bedroom
- Level: First
- Dimensions: 16 x 11
Bedroom
- Level: First
- Dimensions: 14 x 12
Breakfast room nook
- Level: First
- Dimensions: 10 x 7
Dining room
- Level: First
- Dimensions: 14 x 12
Kitchen
- Level: First
- Dimensions: 12 x 13
Living room
- Level: First
- Dimensions: 19 x 13
Utility room
- Level: First
- Dimensions: 12 x 13
Heating
- Central
Cooling
- Central Air
Appliances
- Included: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator
- Laundry: Laundry in Utility Room
Features
- Decorative/Designer Lighting Fixtures, Eat-in Kitchen
- Flooring: Luxury Vinyl Plank, Vinyl
- Has basement: No
- Number of fireplaces: 1
- Fireplace features: Decorative
Interior area
- Total interior livable area: 1,176 sqft
Video & virtual tour
Property
Parking
- Parking features: Additional Parking, Driveway
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Front Porch
- Exterior features: Storage
- Pool features: None
- Fencing: Chain Link,Partial
Lot
- Size: 0.27 Acres
- Features: Acreage, Backs to Greenbelt/Park, Level, Many Trees
- Residential vegetation: Cleared
Details
- Parcel number: 480023000003000
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional,Detached
- Property subtype: Single Family Residence
Materials
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Barnard J H Sub
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Price per square foot: $153/sqft
- Tax assessed value: $128,060
- Annual tax amount: $2,879
- Date on market: 5/28/2026
- Cumulative days on market: 28 days
- Listing terms: Private Financing Available
Estimated market value
$175,500
$167,000 - $184,000
$1,399/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/28/2026 | Price change | $179,900-14.3%$153/sqft |
Source: NTREIS #21283703 Report a problem | ||
| 5/2/2025 | Listing removed | $1,350+3.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 2/19/2025 | Price change | $210,000-6.7%$179/sqft |
Source:  WMLS #227753 Report a problem | ||
| 2/17/2025 | Listed for rent | $1,300-3.7%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/25/2025 | Listed for sale | $225,000$191/sqft |
Source: WMLS #227753 Report a problem | ||
| 12/22/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 12/7/2023 | Price change | $1,350+12.5%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 10/8/2023 | Listed for rent | $1,200+26.3%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 4/18/2019 | Listing removed | $950$1/sqft |
Source: Heart of Texas Realty LLC Report a problem | ||
| 3/19/2019 | Listed for rent | $950$1/sqft |
Source: Heart of Texas Rentals Report a problem | ||
| 3/22/2018 | Listing removed | $950$1/sqft |
Source: Heart of Texas Rentals Report a problem | ||
| 1/31/2018 | Listed for rent | $950$1/sqft |
Source: Heart of Texas Rentals Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,879 -7% | $128,060 -6.7% |
| 2024 | $3,095 +4% | $137,190 +3.4% |
| 2023 | $2,975 +3.1% | $132,700 +15.8% |
| 2022 | $2,884 +47.3% | $114,580 +51.4% |
| 2021 | $1,958 | $75,680 +12.1% |
| 2020 | -- | $67,490 +3.1% |
| 2019 | $1,675 | $65,490 +10% |
| 2018 | $1,675 +22.6% | $59,550 +23.9% |
| 2017 | $1,366 +97% | $48,070 |
| 2016 | $693 | $48,070 +28.4% |
| 2015 | $693 | $37,450 +7.2% |
| 2014 | $693 | $34,930 +1% |
| 2012 | -- | $34,598 +1.2% |
| 2011 | -- | $34,174 +4.8% |
| 2010 | -- | $32,596 +1.6% |
| 2009 | -- | $32,068 |
| 2008 | -- | $32,068 +9.9% |
| 2007 | -- | $29,191 |
| 2006 | -- | $29,191 +6% |
| 2005 | -- | $27,549 |
| 2004 | -- | $27,549 +3.8% |
| 2003 | -- | $26,531 |
| 2002 | -- | $26,531 |
Find assessor info on the county website
Monthly payment
Est. payment$--/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.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Brook Oaks
Nearby schools
GreatSchools rating
- 1/10J H Hines Elementary SchoolGrades: PK-5Distance: 1.8 mi
- 1/10G W Carver MiddleGrades: 6-8Distance: 1.4 mi
- 3/10Waco High SchoolGrades: 9-12Distance: 2.9 mi
Schools provided by the listing agent
- Elementary: JH Hines
- Middle: GW Carver
- 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
- 76708
- Brook Oaks
- 512 Herring Ave
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