1503 Washington Ave, Waco, TX 76701
Property image
Property image
OFF MARKET

$1,500,300

Trulia Estimate
  • 4 Beds
  • 4 Baths
  • 4,724 sqft (on 0.57 acres)

1503 Washington Ave, Waco, TX 76701

Downtown
Est. Refi. Payment $9,514/mo*
Refinance Your Home

Home Value

Trulia Estimate
$1.5M
Since last month
Decreased$15K (-1%)
Since last year
Increased$94K (+6.8%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +120% in the last 10 years
MonthEstimated value
2026
August 2026$1.48M
August 2026$1.48M
July 2026$1.5M
June 2026$1.49M
May 2026$1.5M
April 2026$1.46M
March 2026$1.44M
February 2026$1.42M
January 2026$1.41M
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1819 Morrow Ave, Waco, TX
0.49
Single-Family Home
-
07/23/26
4
2.5
3,693
726 N 16th St, Waco, TX
0.41
Single-Family Home
-
09/17/25
3
3
2,736
702 N 13th St, Waco, TX
0.36
Single-Family Home
-
01/06/26
4
2.5
2,233
515 N 15th St #517, Waco, TX
0.22
Single-Family Home
-
12/30/25
2
1
2,274
628 N 22nd St, Waco, TX
0.63
Single-Family Home
-
09/18/25
4
2.5
2,544
602 N 16th St, Waco, TX
0.26
Single-Family Home
-
01/16/26
4
2
1,450
1701 West Ave, Waco, TX
0.75
Single-Family Home
-
09/12/25
5
3
3,716
1821 Morrow Ave, Waco, TX
0.50
Single-Family Home
-
02/13/26
5
3
2,278
2217 Washington Ave, Waco, TX
0.58
Single-Family Home
-
11/24/25
4
3
2,530
705 S 15th St, Waco, TX
0.60
Single-Family Home
-
02/20/26
6
6
2,780

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
1521 Barnard St, Waco, TX 76701
0.16
$495,000
Studio
-
2,978
For Sale
515 N 15th St #517, Waco, TX 76707
0.22
-
2
1
2,274
Recently Sold
1401 W Waco Dr, Waco, TX 76701
0.25
$90,000
-
-
-
For Sale
512 N 16th St, Waco, TX 76707
0.22
$60,000
-
-
-
For Sale
525 Novelty St, Waco, TX 76707
0.25
$49,300
3
1
1,032
Off Market
523 N 16th St, Waco, TX 76707
0.23
$216,700
3
2
1,227
Off Market
526 N 16th St, Waco, TX 76707
0.26
$109,800
3
2
1,570
Off Market
616 Novelty St, Waco, TX 76707
0.28
$117,500
2
1
826
Off Market
602 N 16th St, Waco, TX 76707
0.26
-
4
2
1,450
Recently Sold
2116 W Waco Dr, Waco, TX 76701
0.25
-
-
-
-
Off Market
10700 Peperak Court China Spg, Waco, TX 76708
0.25
$465,700
3
2
2,150
Off Market
612 N 13th St, Waco, TX 76707
0.34
-
-
-
-
Recently Sold

Local Information

  • Map ViewExplore the area around 1503 Washington Ave.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1885
Lot Size
0.57 acres
Living Area
4,724 sqft
Price/Sqft
$318
Parking
Garage

About this House

Welcome to one of the most beautiful and historically significant homes in Waco. There is such a lavish attention to detail with this stunning estate. The home was built by Wade Morrison, the original founder of Dr. Pepper in 1885 and more recently restored to its former glory by music artist David Crowder. The current owners have held onto the architectural integrity and curated a work of art that blends Old World Charm with Modern Eclectic design. Two living spaces downstairs with gorgeous windows looking out onto the perfectly manicured lawns. A formal dining room that looks onto a private garden patio. The huge kitchen complete with Viking appliances, stained concrete countertops, an oversized island and cabinets going up to the 12 foot ceiling. Upstairs you will find 4 well sized bedrooms each with unique detailing. Upholstered walls, round corner edges, lovely tile work and the list goes on. The sunroom that sits at the top of the staircase is wall to wall windows and allows for a perfect view of the iconic Alico building at night. The large clean lined pool and spa highlight a yard that feels more like California than Texas. The tall walls provide total privacy and make you forget you can stroll right into downtown: the best of both worlds. The backyard cabana with fireplace and tv makes this home an easy place to gather with friends any time of year. The barn was previously used as David Crowder's recording studio and the current owners have kept those capabilities while renovating it into a cottage style guest house with 1 bedroom, living area, kitchen, bathroom and a stairway leading to another level that is currently being used as a state of the art home gym. The downstairs is also ideal for an office/studio space. There is another outbuilding with a two car garage and a game room in the upstairs space. You have to see this home to truly understand how special it is.
1503 Washington Ave, Waco, TX 76701 is a 4 bedroom, 4 bathroom, 4,724 sqft single-family home in Downtown, built in 1885. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $1,500,300, with a rent estimate of $3,663/month.

Home Details for 1503 Washington Ave

Interior Features

Levels, Entrance, & Accessibility
Stories: 2Floors: Tile, Hardwood
Interior Details
Additional StorageNumber of Rooms: 12Storage
Heating & Cooling
Air ConditioningCooling System: Central
Fireplace & Spa
Fireplace

Exterior Features

Exterior Home Features
Roof: TileDeckExterior: WoodFoundation Type: PiersSprinkler System
Pool
Pool
Parking & Garage
GarageParking Spaces: 2Parking: Carport, Garage Detached

Property Information

Year Built
Year Built: 1885Year Updated: 1961
Property Type / Style
Property Type: Single Family HomeArchitecture: Other

Community

Units in Building: 1

Lot Information

Lot Area: 0.57 acres

Price and Tax history

DateEventPrice
Oct 16, 2020
Source: Agent Provided
ListingRemoved
$1,390,000
Sep 18, 2020
Source: Agent Provided
Pending
$1,390,000
Sep 4, 2020
Source: Agent Provided
Listed For Sale
$1,390,000
Jun 27, 2018
Source: Agent Provided
ListingRemoved
$1,450,000
May 24, 2018
Source: Agent Provided
Pending
$1,450,000

Market trends in Waco

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$237K
$183MoM
Sale-to-List Price
97.9%
0.2%MoM
Price per sq ft
$158
$1MoM
Available listings
742
12MoM

Around this home

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 21 Trulia users voted on each feature.

  • 94 % Say car is needed

  • 67 % Say it's walkable to restaurants

  • 67 % Say parking is easy

  • 65 % Say it's dog friendly

  • 65 % Say there are sidewalks

  • 58 % Say there's holiday spirit

  • 57 % Say yards are well-kept

  • 42 % Say it's quiet

  • 39 % Say people would walk alone at night

  • 36 % Say neighbors are friendly

  • 31 % Say there's wildlife

  • 28 % Say kids play outside

  • 27 % Say streets are well-lit

  • 25 % Say they plan to stay for at least 5 years

  • 19 % Say there are community events

  • 13 % Say it's walkable to grocery stores

Sourced by Trulia users. Learn more about our methodology.
  • Trulia User
    "Very easy to take out to potty compared to other downtown living. Hardwood floors are a great plus as well"
    3
    Flag
  • Trulia User
    "I live in the neighborhood, it's close to downtown, Baylor and I 35. Shopping and dining options are within walking distance. The neighborhood is very nice and friendly, mostly quiet at night. The only obstacles are the construction 🚧 sites in the area otherwise the area is very good and a great place to work, live, or to visit. "
    1
    Flag
  • Morgan E.
    "We don’t have any community events that make our neighborhood special but we’ve tried to have potlucks before "
    0
    Flag
  • Ben C.
    "Terrace Gardens is magic. Only live here if you’re community oriented and don’t mind a little noise every once and a while. If there’s ever any, it comes from St Francis Church or from The Backyard and the music travels up the hill."
    0
    Flag
  • Joe D.
    "Great place even for a young family. Lots to do, but school district is less than ideal once they hit school age. You’d have to move. "
    0
    Flag
  • Aliciahaan
    "It’s an old renovated high school. It’s unique and gives a big city vibe. We are close to live music on the weekends, good eats, a river and parks. "
    1
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 1503 Washington Ave

  • What is 1503 Washington Ave estimated to be worth?
    Trulia's estimated value for 1503 Washington Ave in Waco, TX is $1,500,300.
  • Is Waco a buyer's or seller's market?
    Waco is currently a buyer's market, based on recent for-sale activity.
  • What's the median sale price in Waco?
    The median sale price in Waco is $237K. That is up $183 from the prior month.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Waco, TX as walkable to restaurants, easy to park in, and dog-friendly. See recently sold homes in Downtown, Waco.
  • Does 1503 Washington Ave have air conditioning?
    Yes, 1503 Washington Ave in Waco, TX has air conditioning.
  • Does 1503 Washington Ave have a pool?
    Yes, 1503 Washington Ave in Waco, TX has a pool.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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