925 N 32ND STREET, WACO, TX 76707
Homes for sale in Waco.
Homes for sale in 76707.
925 N 32nd Street
Waco, TX 76707
List Price$4,700,000
Listing #20939298
About This Property
Presenting a rare opportunity to acquire a high-performing portfolio of 25 single-family rental homes located in some of the most desirable and rapidly growing communities in Central Texas. This stabilized portfolio boasts limited to no vacancies, strong in-place cash flows, and a solid cap rate, offering immediate income with long-term appreciation potential. Most of the homes have received recent upgrades and renovations, minimizing capital expenditure for the next owner. The properties are strategically positioned in high-demand neighborhoods with strong school districts, robust employment centers, and convenient access to major highways and urban hubs. With Central Texas on track to double its population by 2040, this portfolio is ideally situated to benefit from sustained rental demand, economic growth, and increasing property values. This offering is ideal for investors seeking a scalable, income-generating asset in a dynamic and appreciating market. Investment Highlights: 25 stabilized single-family homes, High occupancy with reliable rental income, Strong cap rate with upside potential, Recent upgrades and well-maintained properties, Located in top-tier Central Texas submarkets with high projected growth, Minimal deferred maintenance, and Low operational overhead.
Property Features
Location Information
County
McLennan
Subdivision
HUACO HTS
Interior Features
Interior
Other
Heating
Other
Full Baths
25
Cooling
Other
1/2 Baths
3
Floors
Hardwood
Has Fireplace
No
Total Number of Units
25
Exterior Features
Construction
Brick
Pool Description
None
Foundation
Pillar/Post/Pier, Slab
Lot Size in Acres
4.371
Roof
Other
Lot Size in Sq. Ft.
190,386
Water / Sewer
Other
Buildings
25
Utilities
Other
Building Total Area (Sq. Ft.)
1,126
Parking Description
Driveway, Other
Is One Story
No
School
Elementary School District
Waco ISD
Jr. High School
GW Carver
Elementary School
Waco
High School
Waco
Additional Information
Year Built Details
Preowned
Status
Active
Property Type
RI
Has a Home Owners Association
No
Year Built
1973
Mortgage Calculator
$21,948
per month
30 Year Fixed. 3.52% Interest Rate.
Principal + Interest
$16,936
Monthly Tax
$3,916
Monthly Insurance
$1,096
yrs
%
$
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
Schools
Walk Score
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