Sirka Real Estate
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7Beds
5 + 2Baths
3,284Sqft
$575,000
MLS# 21166293

Overview

7 / 5 + 2 / 2 Car
Bed / Bath / Gar
3,284
Sq Ft
1930
Year Built
0.379 acres
Lot Size
Single Family Residence
Type

Description

BACK ON THE MARKET & PRICED TO SELL!!!The Gorman House, as seen on Season 1 of Fixer Upper, offers its buyer an incredible opportunity to apply for a special permit to continue hosting a lucrative & FULLY FURNISHED short-term rental as an STR I, owner-occupied host. Generating appx 75k a year, the main home features gorgeous wood floors that grace the entirety of the living and bedroom spaces on all three floors, utilizing tile in the upstairs bathrooms. The open floorplan includes a large kitchen island, a perfect gathering spot while guests or host displays their culinary skills, in addition to the charming banquette Joanna Gaines cleverly designed for dining. Two sitting areas provide ample space for relaxation, conversation or gathering for a movie night as well as a stunning wrap-around porch for outdoor enjoyment. The elegant staircase carries guests to the second floor offering four spacious bedrooms: two with private ensuite baths & two sharing a jack-and-jill bath and plentiful storage space. The third story is a delightful attic conversion featuring a sitting area, ensuite bath, queen bed, large closet, mini-split ac & spray foam insulation insuring a very comfortable night's sleep. The guest house, renovated in 2018, consistently generates $3,000 of MONTHLY INCOME as a short-term rental, includes two bedrooms, 1.5 bath & cozy living area. The garage currently serves as a storage room conveniently providing three sets of washers & dryers to efficiently launder towels & linens. A fourth washer & dryer set serves guests in the main house utility room. Situated on a corner lot, an abundance of grass borders both houses for guests & host to uniquely enjoy. This property is truly one-of-a-kind and ideally located within 10 minutes drive to Baylor University, walking distance to Antioch Community Church & just a few miles to Magnolia Market at the Silos. MAIN HOUSE GENERATES AN AVG OF 70K ANNUALLY if you wish to reside in the smaller dwelling! WELCOME HOME!!!

Mortgage Calculator

$
%
20% · $115,000
0%50%
Principal & Interest$2,908(73%)
Property Tax$848(21%)
Homeowner's Insurance (est.)$240(6%)
Est. Monthly Payment$3,995/mo
Est. Monthly$3,995

Estimate only — contact a lender for actual rates and terms.

Rooms

RoomDimensionsLevel
Primary Bedroom0 x 0Second
Living Room0 x 0First
Living Room15 x 10First
Appliances
Built In Gas Range, Electric Water Heater, Disposal, Microwave, Refrigerator
Interior Features
Cable Tv
Flooring
Tile, Wood
Fireplaces
9 · None
Heating
Central, Electric
Cooling
Central Air, Electric
Utilities
Sewer Available, Cable Available
Architectural Style
Detached
Roof
Composition
Foundation
Pillar Post Pier
Exterior Features
Rain Gutters
Patio / Porch
Covered
Pool
None
Levels
Three Or More
Garage Spaces
2
Attached Garage
Yes
Carport Spaces
1
Covered Spaces
3

Schools

Elementary
West Avenue (Waco ISD)
Middle
GW Carver (Waco ISD)
High
Waco (Waco ISD)

Nearby Properties

Listed by Tracy Childress · AG Real Estate & Associates
Source: NTREIS · MLS#: 21166293

Information deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of NTREIS. Real estate listings held by brokerage firms other than Sirka.com are marked with the IDX logo and detailed information about them includes the name of the listing brokers.

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7bed
7bath
2car
$575,000
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