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$347,000

1537 Mckenzie Ave, Waco, TX, 76708

Off MarketInfo
Beds3 Beds
Baths2 Bath
Baths2,082 Sq Ft
DuplexDuplex
Year BuiltBuilt in 2023

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash Buyers

Highlights

Interior

Bedrooms 3Bedrooms 3
Bathrooms Full 2Bathrooms Full 2
HeatingHeating
CoolingCooling
AppliancesMicrowave

Exterior

Lot Size8,250 sqft

Building Information

Year Built2023
Stories1
Roof Type105

Land Information

APN480176000556002
Lot Number12
SubdivisionFarwell Hts
Land UseResidential
Legal DescriptionFARWELL HTS LOT 12 BLOCK 57 ACRES .1894
Census Tract001300
Assessed Land Value$16,420
Assessed Improvement Value$337,710
Assessment Year2025

About this property

INCOME PRODUCING DUPLEX! Now fully leased! Amazing opportunity for investors or house hackers to own a 2023 duplex with identical 3 bedrooms 2 bathrooms and covered patios that boasts 2,156 SQF of living space within the city of Waco! This modern duplex has an open floorplan, LVP flooring throughout and each unit comes equipped with all new stove, refrigerator and a microwave. Energy efficient features such as spray foam insulation and double pane windows not to mention a nice sized utility closed with WD connections. The property is ready to be rented to tenants. Centrally located in Waco minutes to The Silos, Baylor, MCC, and Cameron Park with convenient access to I35 for commuters. Come and seize this opportunity!

Investor Tools

Property Icon
$354,130
Estimated Property Value
$0Estimated Mortgage Balance
$354,130Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$2,125 /month
Positive
Cash Flow Estimate:
$708 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$774/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,512
$354,130
2025
$16,420
$337,710
$354,130
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,512
$354,130

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$354,130
100%
0%
$0/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,330/mo
N/A
+$1,330/mo
4.5%

Learn About the Market: Opportunity in Texas

Local Market Pages
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Explore

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.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Waco

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1537 Mckenzie Ave | Property Details | No Agent List