1911 S 11TH STREET, WACO, TX 76706

Homes for sale in Waco.

Homes for sale in 76706.


Status of the property has changed, please contact for details

List Price$1,150,000

1911 S 11th Street

Waco, TX 76706

Listing Image Listing Image

Listing #21043304

8

Bedrooms

4 full

Bathrooms

3,552

Square Feet

2

Number of Units

Multi-Unit Residential

Type

About This Property

While you've likely heard the old adage 'LOCATION, LOCATION, LOCATION', have you heard its new and improved companion: 'CASH FLOW, CASH FLOW, CASH FLOW'? This Baylor University area property offers BOTH! ~~~ Poised in the absolute center of the 'Baylor Bubble', this distinctive duplex just underwent a host of improvements and updates transforming it into THE property in the 'Bubble'. Featuring a dual, four bedroom, two bathroom layout across 3,552 square feet, this might be the best buy in all of Baylor! ~~~ Walkable to class, ample parking, and it needs nothing; what more could you want? How about cash flow until August 2026? This property is fully leased at market at a gross lease of $8,500 to a single tenant. Net operating income is substantial: $82,378 per annum offering a capitalization rate of 6.59%. ~~~ Whether you're seeking a long-term investment, short-term cash flow that opens the door for your Baylor student next fall, or you're seeking zoning allowing for short-term rental on AirBnb and VRBO; this is an investment worth consideration! ~~~ Regardless of the priority you seek: location, cash flow, convenience, a turn-key opportunity, or all of the above; this property is a MUST SEE!

Property Features

Location Information

County

McLennan

Subdivision

Bagby

Interior Features

Interior

Granite Counters

Cooling

Central Air, Ceiling Fan(s), Electric

Full Baths

4

Floors

Luxury Vinyl Plank, Tile

Has Fireplace

No

Appliances

Dryer, Dishwasher, Electric Oven, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer

Heating

Central, Electric

Total Number of Units

2

Exterior Features

Stories

2

Pool Description

None

Is New Construction

Yes

Lot Size in Acres

0.19

Construction

Brick, Frame, Stone Veneer

Lot Size in Sq. Ft.

8,276

Foundation

Slab

Buildings

1

Roof

Composition

Building Total Area (Sq. Ft.)

3,552

Parking Description

Driveway, Off Street, Parking Lot

Is One Story

No

Garage Spaces

0

Windows Description

Bay Window(s), Window Coverings

Patio / Deck Description

Covered, Patio

School

Elementary School District

Waco ISD

Jr. High School

Cesar Chavez

Elementary School

Alta Vist

High School

University

Additional Information

Year Built Details

New Construction - Complete

Year Built

2006

Property Type

RI

Status

Closed

Property SubType

Duplex

Has a Home Owners Association

No

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