$519,990
1605 Baylor Avenue, Waco, TX, 76706
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About this property
EXPLORE A RARE OPPORTUNITY to invest in a newly constructed duplex, located just 2 miles from Baylor University and close to the bustling downtown area and The Silos. This prime property is priced to sell and potentially endless possibilities for rental income. One unit can be rented out for steady income while the other can be used as a short-term rental. Or, both units can be rented out for maximum return on investment. With each unit having 3 bedrooms, walk-in closets 3.5 bathrooms, a 1 car garage, 1,692 SQF of prime living space, and a 6 Ft privacy fence separating the backyards this modern two-story duplex is perfect for student housing. The upgraded kitchen with appliances, a large granite top island, a spacious living room, and a dining area with LVP flooring throughout, create a modern and inviting atmosphere. The tasteful finishes make these units highly sought after. Whether you're a first-time homebuyer looking to invest, a seasoned investor, or are looking for your student.
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Learn About the Market: Opportunity in Texas




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.
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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