Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1985
Sq.Footage
1,658
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 significant recent capital improvements, greatly reducing near-term maintenance concerns. Updates include foundation work completed in 2025, new HVAC systems, new water heaters, and updated flooring. Most recently, in April 2026, both the roof and gutters were replaced. The most recent rented unit was rented out for $1,300 per month — providing immediate income with built-in upside. 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.
Features & Amenities
Interior
-
Other Interior Features
Open Floorplan, High Speed Internet
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Ceiling Fan(s), Central Air, Electric
-
Heating YN
YES
-
Heating
Central, Natural Gas
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Brick
-
Parking
Driveway
-
Pool
No
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
0.172
-
Lot Size(square feet)
7492.32
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
Price
-
Sales Price
$249,900
-
Sq. Footage
1, 658
-
Price/SqFt
$150
HOA
-
Association
No
School District
-
Elementary School
Bell's Hill
-
Middle School
Cesar Chavez
-
High School
University
Property Features
-
Foundation Details
Slab
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
McLennan
Elementary School
Bell's Hill
Middle School
Cesar Chavez
High School
University
Listing Courtesy of Brad Harrell , Keller Williams Realty, Waco
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AGENT
Joe Boston
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