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About the Listing A8295250 - bh8295126
Located at 1501 South 29th Street, Units A & B in Waco, Texas, this two-unit duplex presents a compelling investment opportunity with upside in rental income. Each unit offers approximately 829 SF, making the property well-suited for long-term tenants or potential repositioning. The property has seen recent capital improvements, including foundation work, new HVAC systems, new water heaters, and updated flooring, reducing near-term maintenance concerns. One unit is currently rented at $1,100 per month, with market rent projected at $1,300 per month, providing immediate income with built-in upside. Due to recent foundation work, the vacant space has just been offered for lease. Zoned C-2: Commercial (Beverly Hills), the property offers additional flexibility for future use or redevelopment. Its location near a heavy retail corridor and adjacent to South Waco Park enhances tenant appeal and long-term value. Financials are available upon request. Offered at an asking price of $259,900, with 2025 taxes of $2,567.58, this property represents an attractive option for investors seeking a stabilized asset with value-add potential in a growing Waco submarket.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances: Disposal, Electric Water Heater, Gas Range, Refrigerator
- Air Cond: Ceiling Fan(s),Central Air,Electric
- Heating: Central,Natural Gas
- Fireplaces:
- Floor: Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Cable TV Available,High Speed Internet Available,Open Floorplan
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 4
- Roof: Composition
- Others: Preowned
- Sewer:
- Parking Features: Driveway
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 197218
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1501 S 29th St Waco, TX 76711
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