Waco, TX 76706 1911 S 11th Street
$1,150,000



35 more



































Presented By: Matthew McLeod with The McLeod Company;
Disclaimer: The information contained in this listing has not been verified by Bold Real Estate and should be verified by the buyer.
Home Details
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!
Presented By: Matthew McLeod with The McLeod Company;
Interior Features for 1911 S 11th Street
Bedrooms
Total Bedrooms8
Bathrooms
Half Baths0
Total Baths4
Other Interior Features
FlooringLuxury Vinyl Plank, Tile
Interior FeaturesGranite Counters
Lock Box TypeNone
Occupancy Rate100
Total Units2
Unit Count2
Window FeaturesBay Window(s), Window Coverings
General for 1911 S 11th Street
# of Buildings1
AppliancesDishwasher, Disposal, Dryer, Electric Oven, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Capitalization Rate7.16
Carport Spaces
CityWaco
Complex NameDanaza KD
Construction MaterialsBrick, Frame, Stone Veneer
CoolingCeiling Fan(s), Central Air, Electric
CountyMcLennan
DirectionsPlease use technology to give best directions from your location.
Elementary SchoolAlta Vist
Elementary School NameAlta Vist
Full Baths4
Gross Annual Expenses2400.00
HOA TypeNone
HeatingCentral, Electric
High SchoolUniversity
Insurance Expense5582
LevelsTwo
Number of Garage Spaces0
Pool Y/NNo
PossessionClosing/Funding, Lease Outstanding
Property SubtypeDuplex
Property TypeResidential Income
RoofComposition
School DistrictWaco ISD
Standard StatusActive
StatusActive
Subdivision NameBagby
TenancyNo Smoking, Other
UtilitiesCity Sewer, City Water
Virtual Tour URL UnbrandedClick here
Will SubdivideSubdivided
Year Built2006
Year Built DetailsNew Construction - Complete
Exterior for 1911 S 11th Street
Building Area Total6552.00
Covered Spaces
Foundation Slab
Lot Size Acres0.1900
Lot Size Area0.1900
Lot Size Square Feet8276.4000
Lot Size UnitsAcres
Number Of Parking Spaces12
Parking FeaturesDriveway, Off Street, Parking Lot
Patio And Porch FeaturesCovered, Patio
WaterfrontNo
Additional Details
Price History
Schools
Middle School
N/A
High School
N/A
Elementary School
Alta Vist Elementary School
Suzanne Smith
Broker/Owner

SQFT • 6,552