1516 Elise Ave

1,497 Sq. Ft.
$217 / Sq. Ft.
1,497
Sq. Ft.
$217
per Sq. Ft.

Description

Welcome to 1516 Elise Ave! This immaculate 3 bedroom, 2 bath home is nicely situated in the Lakes at University Parks subdivision, backing to the community's private lake. Featuring an accomodating open floorplan, this home has a wonderful bright & airy feel throughout along with a neutral color pallet, allowing ease in decorating. Upon entry, you are immediately greeted by lake views. The Kitchen features a nice island with breakfast bar, ample cabinet space for storage, a pantry, quartz counters...Welcome to 1516 Elise Ave! This immaculate 3 bedroom, 2 bath home is nicely situated in the Lakes at University Parks subdivision, backing to the community's private lake. Featuring an accomodating open floorplan, this home has a wonderful bright & airy feel throughout along with a neutral color pallet, allowing ease in decorating. Upon entry, you are immediately greeted by lake views. The Kitchen features a nice island with breakfast bar, ample cabinet space for storage, a pantry, quartz counters & stainless steel appliances. Just off the kitchen is the open dining space with space for a buffett or china hutch. The spacious living area is ultra relaxing, overlooking the backyard & lake. The Isolated Primary suite is oversized and situated to the back of the home, offering lake views, plus a full en suite, offering dual vanities, a large walk in shower and walk in closet. Guest bedrooms are nicely sized with good closet space. Outdoors, you have a fully fenced backyard & covered patio, with gate access to the lake that allows catch & release fishing. Get ready to call this stunning home YOURS! Schedule your showing today!
  1. Listed by Valerie Warschak • TREC #567821 • The Agency Waco

Property Details for 1516 Elise Avenue

Subdivision Name
Lakes University Pks Add Ph 4
HOA Management Company
Stylecraft
Architectural Style
Craftsman
Structural Style
Single Detached
Pool
No
Garage Spaces
2
LISTING UPDATED: 02/05/2026 04:10 PM

Property Details for 1516 Elise Avenue

StatusActive
MLS #21171378
Days on Market3
Taxes$6,131 / year
HOA Fees$500 / year
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built2023
Lot Size0.11 AC / 4,791 SF
CountyMcLennan County

Location

Listing Courtesy of The Agency Waco, Valerie Warschak, TREC #567821
Add your commute

Building Information for 1516 Elise Avenue

Stories1Year Built2023Building Size-Lot Size0.11 AC / 4,791 SF

Payment Calculator

$2,136 per month

30 year fixed, 6.15% Interest

Principal and Interest

$1,584

Property Taxes

$511

HOA Dues

$42

The Payment Calculator is for illustrative purposes only.

Property Information for 1516 Elise Avenue

Summary
Location and General Information
  • Block: 7
  • Directions: Hwy 6 to University Parks, L on Brently Blvd, R on Placid Circle, L on Elise
  • Elementary School: South Waco
  • Elementary School Name: South Waco
  • High School: Waco
  • High School Name: Waco
  • Middle School: Tennyson
  • Senior Community Yes/No: No
  • School District: Waco ISD
  • Geocode Confidence: High
  • Latitude: 31.52
  • Longitude: -97.10
  • State: Texas
Parking
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Carport Spaces: 0
  • Attached Garage: Yes
  • Parking Spaces Covered Total: 2
  • Garage: Yes
Taxes and HOA Information
  • Tax Legal Description: LAKES AT UNIVERSITY PARKS PH 4 LOT 4 BLOCK 7
  • Association Fee Includes: Full Use of Facilities
  • Association Type: Mandatory
  • HOA Management Company Phone: 254-300-4034
  • Association Fee: $500.00
  • Association Fee Frequency: Annually
  • Tax Lot: 4
Virtual Tour
Interior and Exterior Features
Interior Features
  • Fireplaces Total: 0
  • Flooring: Luxury Vinyl Plank
  • Heating: Central, Electric
  • Interior Features: Built-in Features, Cable TV Available, Double Vanity, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry, Walk-In Closet(s)
  • Number Of Dining Areas: 1
  • Number Of Living Areas: 1
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Microwave
  • Basement: No
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Living Area: 1497.0
  • Smart Home Features Appor Pass Y: No
  • Room and Floor: Living Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1
Exterior Features
  • Construction Materials: Siding
  • Exterior Features: Covered Patio/Porch
  • Fencing: Metal
  • Foundation Details: Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront Features: Lake Front - Common Area
  • Waterfront: Yes
  • Room and Features: Living Room-1-1, Bedroom-Primary-1-1, Master Bedroom-1-1
  • Room List: Living Room, Bedroom-Primary, Master Bedroom
  • Levels: One
Room 1
  • Room Dimensions: 16 x 17
  • Room Length: 16.00
  • Room Level: 1
  • Room Type: Living Room
  • Room Width: 17.00
Room 2
  • Room Dimensions: 14 x 17
  • Room Length: 14.00
  • Room Level: 1
  • Room Type: Bedroom-Primary
  • Room Width: 17.00
Property
Utilities
  • Utilities: All Weather Road, Asphalt, Cable Available, City Sewer, City Water, Community Mailbox, Curbs, Electricity Connected, Individual Water Meter
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: Cash, Conventional, FHA, VA Loan
  • Handicap: No
  • Loan Type: Treat As Clear
  • Restrictions: Deed
  • Property Match: APN
Lot Information
  • Lot Features: Sprinkler System, Water/Lake View, Waterfront
  • Lot Size: Less Than .5 Acre (not Zero)
  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Units: Acres
  • Lot Size Square Feet: 4791.6
  • Multi Parcel ID: No
  • Parcel Number: 480266620007040
  • Property Attached: Yes

Property History for 1516 Elise Avenue

DateEvent & SourcePriceAppreciation
Feb 5, 2026

Listed (Active)

NTREIS #21171378

$324,900
Oct 30, 2025

Withdrawn

NTREIS #21051888

Oct 18, 2025

Price Change

NTREIS #21051888

$321,000
Oct 2, 2025

Price Change

NTREIS #21051888

$324,900
Sep 5, 2025

Listed (Active)

NTREIS #21051888

$329,900
DateEvent & SourcePrice
02/05/2026

Listed (Active)

NTREIS #21171378

$324,900
10/30/2025

Withdrawn

NTREIS #21051888

10/18/2025

Price Change

NTREIS #21051888

$321,000
10/02/2025

Price Change

NTREIS #21051888

$324,900
09/05/2025

Listed (Active)

NTREIS #21051888

$329,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1516 Elise Avenue

Taxable ValueLand$38,050Additions$187,730Total$225,780
Tax Record2024$3,528 ($294 / month)
Home Facts
Beds3Total Finished SqFt1,347 SqFtAbove Grade Finished SqFt1,347 SqFtStories1Lot Size4,792 SqFtStyleSingle Family ResidenceYear Built2023CountyMCLENNANAPN480266620007040

Schools near 1516 Elise Avenue

This home is within Waco Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Charter - PK to 5
Rating
School
Distance
South Waco Elementary School
PublicPK to 5

Cesar Chavez Middle School
Public6 to 8

University High School
Public9 to 12

Alta Vista El
CharterPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1516 Elise Avenue is a single family home for sale in Waco, TX 76706. This property was listed for sale on February 5, 2026 by The Agency Waco, it's currently listed at $324,900. This listing's school district is Waco Independent School District. Nearby schools include South Waco Elementary School, Cesar Chavez Middle School and University High School. 1516 Elise Avenue is a 3-bed, 2-bath, 1,497 sqft single family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of The Agency Waco, Valerie Warschak, TREC #567821

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.