3516 S 4TH 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$69,900

3516 S 4th Street

Waco, TX 76706

Listing Image Listing Image

Listing #225519

0.35

Acre

Lots / Land

Type

About This Property

Prime opportunity for investors and savvy Baylor parents! Vacant lot in the Baylor bubble, surrounded by student housing. Included with the sale are professional renderings and floor plans for a 4-bedroom, 4.5-bathroom home, designed for student living and generating passive income. City of Waco zoning allows for an( ADU) accessory dwelling unit to be added to the property, providing an additional revenue stream. Current market rents for similar four-bedroom homes in the area up to $800 per bedroom, with the ADU expected to bring in an additional $1,000 to $1,300 per month. Maximize your rental income or offset your students living expenses while building equity, with this ideal location, just minutes from Baylor University!

Property Features

Location Information

County

McLennan

Interior Features

Interior

High Speed Internet, Cable TV

Has Fireplace

No

Exterior Features

Fencing

None

Zoning

R-1B

Other Structures

Second Residence

Road Description

City Street

Lot Description

Flood Zone

Is One Story

No

Lot Size in Acres

0.35

Lot Description

Flood Zone

Lot Size in Sq. Ft.

15,246

School

Elementary School District

Waco ISD

Elementary School

South Waco

Additional Information

Property Type

LL

Status

Closed

Property SubType

Improved Land

Tax Annual Amount

1333.0

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Schools

Walk Score

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