$1,250,000

1911 S 11th Street, Waco, TX 76706

  • 8 beds |
  • 4 baths |
  • 6,552 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 2006
  • Property Lot Size Icon8,276sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $191/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

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!

Listing Status:
Active
Listing Office:
The McLeod Company : 254-644-4095
Listing Agent:
Matthew McLeod :
MLS ID:
21043304
  • General: Granite Counters
  • Appliances: DryerDishwasherElectric OvenElectric RangeElectric Water HeaterDisposalIce MakerMicrowaveRefrigeratorWasher
  • Flooring: Luxury Vinyl PlankTile
  • A/C: Central AirCeiling Fan(s)Electric
  • Heating: CentralElectric
  • Pool: None
  • Parking: DrivewayOff StreetParking LotParking spaces: 12
  • Roofing: Composition
  • Windows: Bay Window(s)Window Coverings
  • General: BrickFrameStone Veneer2Slab
  • Originating MLS: NTR
  • School District: Waco ISD
  • County: McLennan
  • Zoning: 162095
  • Utilities: Sewer AvailableWater Available
  • Water: Public
  • Sewer: Public Sewer
  • Source: NTR

This listing courtesy of Matthew McLeod, The McLeod Company

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Alta Vista Elementary School

3637 Alta Vista Dr, Waco, TX, 76706

Grades PK-5

1.97 miles away

C

Cesar Chavez Middle School

700 S 15th St, Waco, TX, 76706

Grades 6-8

0.86 miles away

U

University High School

3201 S New Rd, Waco, TX, 76706

Grades 9-12

2.47 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.