HFPHome Finance
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Financing available

$385,000

1201 Forrest Street, Waco, TX 76704

3
beds
2
baths
2,415
sqft

Est. with seller financing: $3,367/mo

  • Single-family
  • Built in 2001
  • 24,751 sq ft lot
  • $159/sqft
  • McLennan County

Interested in this home?

Seller financing is available to qualified buyers.

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About this home

Conveniently located within walking distance of McLane Stadium, this charming 3-bedroom, 2-bath brick home has been meticulously updated and renovated, providing modern comforts and stylish finishes. Situated on a beautiful corner lot, this property offers the perfect setting close to Baylor University and downtown Waco. The home feels brand new and is move-in ready, making it an ideal turnkey opportunity. The unique garage area has been thoughtfully converted into an inviting living space with an open-air garage design, plumbed and ready for a kitchen, utility room, and two additional bathrooms. Additionally, this bonus space includes two extra bedrooms and is ready for split HVAC systems to be installed, perfect for accommodating friends or extended family comfortably. New PVC sewer lines run from the city main to the primary dwelling, and the garage structure was fully constructed in 2024. We replaced the hot water lines above the slab with PEX and updated all fixtures. The roofs and windows were replaced in 2024, meeting current energy efficiency codes. The electrical system in the primary dwelling was upgraded with LED lighting, new receptacles and switches, and arc-fault protection for bedroom breakers. GFCI protection is managed by breakers, not receptacles. To access and upgrade waterlines, much of the lower four feet of drywall was replaced with water- and mold-resistant drywall, finished with level one smooth texture and Sherwin-Williams better-quality odor-neutralizing paint. In the secondary garage structure, the lower four feet of drywall is also water- and mold-resistant, finished with a splatter texture. The water heater and all appliances were replaced in 2024, while the heating and air conditioning system, updated before acquisition, was thoroughly disassembled, pressure-washed, and reset.

Listing courtesy of Ashton Gustafson, AG Real Estate & Associates · MLS #21417646 · 254-296-9100

Facts & features

Interior

Features

  • High Speed Internet

Heating & cooling

  • Cooling: Central Air

Flooring

  • Laminate

Appliances

  • Electric Water Heater

Exterior & lot

Features

  • Storage

Construction

  • Style: Ranch, Detached
  • Stories: 1
  • Roof: Composition
  • Foundation: Slab
  • Materials: Brick, Stone Veneer

Parking

  • Garage spaces: 1
  • Detached Carport

Community

Neighborhood

  • Subdivision: Kirkpatrick

Schools

  • District: Waco ISD
  • Elementary: Kendrick
  • Middle: GW Carver
  • High: Brazos

Financial & listing details

Listing

  • Price per sq ft: $159
  • County: McLennan
  • Financing: Financing available from HFP, powered by Doorly

Estimated payment with seller financing

Est. seller-financed payment

$3,367/mo

Principal & interest
$2,788/mo
Property taxes
$399/mo
Homeowners insurance (est.)
$180/mo
Loan amount
$346,500
Seller financing rate (est.)
9.00%
Term
30-year fixed
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This estimate uses our seller financing program's rate. Taxes are from listing data and insurance is estimated. Your actual payment may be higher. Estimate only. Your final rate, payment, and terms are based on approval. This is not a commitment to lend.

Location

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A traditional mortgage isn't the only way. Self-employed, lower credit, ITIN, or turned down before? You may have another option.

Offered by HFP, powered by Doorly, only on this site, not by the seller or listing agent. Subject to underwriting and approval.

Get Pre-Qualified

How our financing program works

  1. 1

    Get qualified

    Answer a few quick questions and see the down payment you'd need. It takes about a minute and doesn't pull your credit.

  2. 2

    Make it your home

    Once you're approved, our lending partner buys the home from the seller at closing. The seller is paid in full and never carries a loan.

  3. 3

    Own it

    It resells the home to you at the same closing, with financing, so the title is in your name.

This is different from traditional seller financing, where the seller lends you the money. See the full requirements

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