3516 S 4TH STREET, WACO, TX 76706
Homes for sale in Waco.
Homes for sale in 76706.
List Price$69,900
3516 S 4th Street
Waco, TX 76706
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
Similar Listings
Schools
Walk Score
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