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. Ins…
| Room | Level | Size |
|---|---|---|
| Kitchen | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
| Living Room | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
| Type | Single Family Residence |
| County | McLennan |
| Lot | 0.138 ac (6,011.28 sqft) |
| Annual Tax | $6,372 |
| Days on Market | 37 |
| District | Waco ISD |
| Elementary | South Waco |
| Middle | Cesar Chavez |
| High School | Waco |
| P&I (6.875%) | $1,519 |
| Est. Tax | $531 |
| Est. Total | $2,050/mo |
WACO, TX 76706 · Lakes At University Parks
$289,000
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.
Property Type
Residential
Sub Type
Single Family Residence
Status
Active
Bedrooms
3
Full Baths
2
$189/sqft
Living Area
1,526 sqft
Lot Size
6,011.28 sqft
Lot (acres)
0.138
Garage
2 spaces
Stories
1
Year Built
2019
Community
Lakes At University Parks| Room | Level | Size |
|---|---|---|
| KitchenBreakfast Bar, Built In Features, Eat In Kitchen, Granite Counters, Kitchen Island | Main | 0 x 0 |
| Primary BedroomWalk In Closets | Main | 0 x 0 |
| Living RoomCeiling Fans | Main | 0 x 0 |
| Primary BedroomDual Sinks, Separate Shower | Main | 0 x 0 |
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Annual Tax
$6,372
Total Principal
$231,200
Total Interest
$315,575
Total Loan Payment
$546,775
Payoff Date
June 2056
Est. Payment
$2,170
/month
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
View Online
https://realtorkonda.com/property/waco-tx/lakes-at-university-parks/1117-merganser-way-76706
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Terry Holdbrook · Central Metro Realty · 512-454-6873
IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated May 27, 2026.
Listing Agent
Terry Holdbrook
Central Metro Realty