UPDATED:
Key Details
Property Type Single Family Home
Sub Type Multiple Single Units
Listing Status Active
Purchase Type For Sale
Subdivision Gurley D R Tr
MLS Listing ID 21178226
Bedrooms 5
Full Baths 5
Half Baths 1
HOA Y/N None
Total Fin. Sqft 2675
Year Built 2023
Annual Tax Amount $12,449
Lot Size 0.546 Acres
Acres 0.546
Property Sub-Type Multiple Single Units
Property Description
Exceptional investment opportunity near Baylor University! This fully furnished, income producing property is currently leased at $1,000 per bedroom, with tenants sharing utilities creating strong and consistent cash flow from day one.
The main home offers 4 spacious bedrooms, each with a private ensuite bath, plus a convenient half bath for guests. A separate 1 bed, 1 bath casita provides additional rental income potential or flexibility for short term leasing.
Each bedroom comes fully furnished with a full size bed, nightstand, desk, and custom closet organizers, making it turnkey and highly attractive to student renters. The kitchen features high end finishes including granite countertops, stainless steel appliances, bar stools, and all appliances convey including refrigerator, washer, and dryer.
Built for efficiency and durability, the home includes foam insulation and 2x6 exterior wall construction, enhancing energy performance and long-term value. Additional features include a Ring security system, sprinkler system, and 5 dedicated parking spaces.
The property is fully fenced for privacy and security, featuring a beautiful iron gate with keypad entry, offering both curb appeal and controlled access.
Situated on a generous 0.55 acre lot, zoned R-1B (short-term rental eligible), this property offers rare expansion potential ample space to duplicate the existing structure and potentially double income.
Whether you're looking to house hack, expand your rental portfolio, or capitalize on the thriving Baylor market, this is a strategic investment opportunity you don't want to miss.
Location
State TX
County Mclennan
Direction Use GPS or take Lasalle to S 3rd Street. Property will be on your left.
Interior
Interior Features Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, In-Law Suite Floorplan, Smart Home System, Vaulted Ceiling(s), Walk-In Closet(s), Second Primary Bedroom
Heating Electric
Cooling Central Air
Flooring Ceramic Tile, Luxury Vinyl Plank
Appliance Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
Heat Source Electric
Exterior
Exterior Feature Covered Patio/Porch
Fence Back Yard, Full, Wood, Wrought Iron
Utilities Available City Sewer, City Water
Roof Type Composition
Garage No
Building
Story Two
Foundation Slab
Level or Stories Two
Structure Type Board & Batten Siding
Schools
Elementary Schools South Waco
Middle Schools Cesar Chavez
High Schools University
School District Waco Isd
Others
Acceptable Financing Cash, Conventional, FHA, VA Loan
Listing Terms Cash, Conventional, FHA, VA Loan
Special Listing Condition Aerial Photo
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21178226
NEARBY SCHOOL & BUSINESS
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