
$441,000
NAL Estimated Property Value1215 Kellum Street, Waco, TX, 76704
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NEW CONSTRUCTION DUPLEX – PRIME INVESTMENT OPPORTUNITY! This newly built duplex is strategically located in one of Waco's most desirable and rapidly growing areas, offering both immediate rental potential and long-term value. Situated just minutes from the Elm Avenue Historic District, this property combines modern living with the charm of Waco’s vibrant cultural scene. With proximity to McLane Stadium, downtown Waco’s thriving restaurant and entertainment district, and Baylor University, this duplex is an ideal rental property for students, faculty, sports fans, and young professionals. Offering two well-designed, low-maintenance units, this property is the perfect opportunity for savvy investors looking to capitalize on Waco’s strong rental demand. The duplex is just minutes from Interstate 35, providing seamless access to Waco’s key attractions and beyond, making it a highly desirable location for tenants. With the area’s rapid growth and the increasing demand for rental properties, this is a high-potential investment in an up-and-coming neighborhood. Each unit has been thoughtfully designed with modern finishes, spacious floor plans, and energy-efficient features, ensuring both comfort and sustainability for tenants. In addition, the property offers additional paved rear parking, providing convenience and ample space for residents. Whether you’re looking to attract long-term residents or short-term renters, this duplex offers flexibility and consistent rental income potential. Don’t miss the chance to invest in a brand-new duplex located in a high-demand area with unparalleled access to Waco’s key destinations. This is a rare opportunity to secure a property in a dynamic and growing market. Act now to add this prime investment to your portfolio!
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Learn About the Market: Opportunity in Texas




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Texas
Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.
Population Growth
~1.3% annually
Net Migration
Positive
Median Home Price
$283,800
Unemployment Rate
4.3%
Price Trend
Flat
New Permits
158,121
City: Waco
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