Property Description
This well-maintained property is ideally situated in a highly sought-after location near Baylor University, offering excellent visibility and accessibility. Recent updates include a roof, fresh exterior paint, durable Hardiplank sheathing, modern vinyl plank flooring, security lighting, and updated entry pads. With these key improvements already completed, this property is well situated for investors.
The property offers strong future potential, including the possibility of converting to condominiums and selling units individually down the line. Currently offering a solid 7% cap rate, this is an outstanding opportunity in a growing and vibrant area.
The property offers strong future potential, including the possibility of converting to condominiums and selling units individually down the line. Currently offering a solid 7% cap rate, this is an outstanding opportunity in a growing and vibrant area.
Essential Information
- MLS Number
- 2881930
- Status
- Active
- Days on Market
- 160
- Annual Taxes
- $13,535
- Courtesy of
- Compass RE Texas, LLC (512) 966-9781
Interior & Systems
- Heating
- Central
- Cooling
- Ceiling Fan(s), Central Air
- Flooring
- Carpet, Tile, Vinyl
Community & Amenities
- Subdivision
- Bagby
- City
- Waco
- County
- McLennan
- Waterfront
- No
Exterior & Lot
- Parking Features
- Common, Concrete
- Other Structures
- None
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Estimated Mortgage
Quick principal-and-interest estimate for this property.
Estimated principal & interest
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Taxes, insurance, HOA dues and other costs are not included.