Small house featured on “Fixer Upper” has big price tag

At almost $905 per square foot, a small shotgun house featured on HGTV’s popular “Fixer Upper” that’s listed at $950,000 is likely the most expensive one-bedroom home ever listed in Waco.

According to the “Fixer Upper” website the owners’ total budget for the house including renovations was $131,000.

The 1,050-square-foot downtown-area home at 624 South 7th Street in Waco has one bedroom, one bath and is worth every penny, listing realtor Jennifer Roberts with Briggs Freeman Sotheby’s International Realty in Dallas told KWTX.

“I think there are a lot of reasons it’s worth it,” Roberts said.

Roberts said the owners of the property featured on the show are from Waco, but live in Denton and have always used it as a rental property with lots of success.

“For one, it has rented at a 94 percent occupancy rate since it was done,” Roberts said.

“I’m anticipating the person who buys it will also use it as a rental property.”

Roberts said the home currently rents for $324 a night, but the owner feels it could fetch more.

“The owner has stated that the rate could have been adjusted upward, he just hasn’t done it.”

The selling price for the house, which is within walking distance of the Magnolia Silos, includes the furnishings, Roberts said.

The home was listed Tuesday and Roberts says there’s already some interest.

“I’ve had several calls.”

“I think it is a great investment for someone.”