DUPLEX - GREAT INVESTMENT OPPORTUNITY!! It has excellent Cash Flow at 8.2% CAP rate!!! Rents for $2000 a month, tenants pay all utilities. Terrific location, close to downtown Waco. Recently updated in 2019 with new kitchen, flooring, and fresh paint. Foundation was leveled in Jan 2022. Each unit is 2 bed/1 bath and currently rented for $1000/month per unit. Do nothing and start collecting rent! Zoned C-2, exciting potential to be an Airbnb with easy access to Cameron Park Zoo and Magnolia Silos. DO NOT DISTURB TENANTS.
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
—
Lot width
50 ft.
Lot depth
105 ft.
Lot size
—
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (2-4 Unit)
County
McLennan County
APN
194859
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Nov 21, 2023.
R-2
IMAGINE WACO
Two-Family and Attached Single Family Residence District
The R-2 two-family and attached single-family residence district is intended to provide for development of attached dwelling types at moderate densities where it may serve as a transitional use between single-family residential areas and more intensive uses; or in locations with convenient access to the major street system and proximity to community services.
Zone overlays
Imagine Waco
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Housing-Single unit
Housing-Multiple units
Housing-Student
Bed & breakfast
Educational/school
Library
Golf related
Park & open space
Property details
Parking
Parking Information
Parking Features: Gravel, On Street
Interior
Fireplace Information
Fireplace Features: None
Heating & Cooling
Cooling: Other, Window Unit(s)
Heating: Other
Interior Features
Room Count: 0
Has Appliances
Appliances: Refrigerator
Interior Features: High Speed Internet Available, Cable TV Available
Multi-Unit Information
Number Of Units Total: 2
Unit Count: 2
Occupancy Rate: 100
Exterior
Building Information
Roof: Composition
Construction Materials: Siding
Exterior Features
Exterior Features: Covered Porch(es)
Patio And Porch Features: Covered, Patio
Lot Information
Parcel Number: 194859
Zoning Description: C-2
Property Information
Property Type: Residential Income
Property Sub Type: Duplex
Property Key: 48309|480424000816004|1|74479733
Property Match: APN
US Property MUI: 408959619
Building Information
Building Area Total: 1257.00
Building Area Source: Appraiser
Year Built: 1917
Financial
Tax Information
Tax Block: 101
Tax Legal Description: UNIVERSITY HTS BLOCK 101 LOT 8A ACRES 0.121
Tax Lot: A8
Unexempt Taxes: 1937
Lease Information
Lease Term: 12 Months
Tenant Pays: Electricity, Trash Collection, Sewer, Water
Financial Information
Buyer Financing: Cash
Utilities
Utility Information
Utilities: Sewer Available
Location
School Information
School District: Waco ISD
Location Information
County Or Parish: McLennan
Country: United States
Directions: GOOGLE Maps will take you there
Geocode Confidence: High
Subdivision Name: University Heights
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (2-4 Unit)
Year Built: —
Year Renovated: —
County: McLennan County
APN: 194859
Home facts updated by county records on Nov 21, 2023
Other
Listing Information
Document Manager MLS Count: 0
Document Manager Private Count: 0
Document Manager Public Count: 0
Document Manager Total Count: 0
Listing Id: 206409
Listing Key Numeric: 450645614
Listing Terms: Cash
Mls Status: Closed
Previous Status: Pending
Originating System Name: North Texas Real Estate Information Systems
Photos Count: 10
Seller Contributions: 0
Standard Status: Closed
Transaction Type: For Sale
Listing Date Information
Days On Market: 39
Cumulative Days On Market: 39
Close Date: 2022-06-06
Purchase Contract Date: 2022-05-21
Listing Contract Date: 2022-03-07
Off Market Date: 2022-05-21
Status Change Timestamp: 2022-06-06T18:18:39.147
Listing Price Information
Original List Price: 219900.00
List Price: 219900.00
Around this home
Schools
Cedar Ridge Elementary School
Public PreK-5 • Assigned • 1.4mi
4/10
G W Carver Middle
Public 6-8 • Assigned • 2.1mi
1/10
Waco High School
Public 9-12 • Assigned • 2.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
7/10 Heat Factor
7 days above 109° expected this year, 24 days in 30 years
6/10 Wind Factor
59% chance of strong winds in next 30 years
2/10 Air Factor
0 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Waco, TX • 76708
Average low and high temperatures (°F)
57
35
68
43
79
54
80
61
84
65
91
75
94
76
95
75
91
68
88
61
75
52
66
44
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
In this area, properties receive around 9.7 hours in
June and 5.2 hours in December, which is comparable to the
U.S. average for solar exposure.
9.7 hrs
5.2 hrs
JuneDecember
Provided by Shadowmap
Estimated sale price
$180,000 – $217,000
Sell confidently with a local market expert in Waco. 3 minutes to get started.