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$949,000

1801 S 8th St, Waco, TX, 76706

On MarketInfo
Beds5 Beds
Baths5 Bath
Baths1,855 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$511.59 / sqft
Year BuiltBuilt in 1936

Property Lead Type:

Off-Market ListAbsentee OwnerHigh EquityCash BuyersMove-In Ready

Highlights

Interior

Bedrooms 5Bedrooms 5
Bathrooms Full 2Bathrooms Full 2
Indoor FireplaceIndoor Fireplace
HeatingHeating
CoolingCooling
AppliancesDisposal, Gas Water Heater, Microwave
FlooringTile, Vinyl

Exterior

Lot Size7,501 sqft

Building Information

Year Built1936
Stories1
Roof Type105

Land Information

APN480016000087006
Lot Number1
SubdivisionBagby
Land UseResidential
Legal DescriptionBAGBY LOT 1 BLOCK 6 ACRES .1722
Census Tract000402
Assessed Land Value$226,880
Assessed Improvement Value$414,120
Assessment Year2025

About this property

Welcome to 1801 S 8th Street, a coveted address just a stone's throw from Baylor University! Beyond its proximity to campus, this property shines as a strong investment with O-3 zoning, offering excellent potential as a short-term rental or income-producing asset. Located in the heart of Waco’s tourist scene, with Magnolia and McLane Stadium only 5 minutes away, this home offers unmatched convenience. Picture yourself strolling or biking to Baylor and enjoying the vibrant campus atmosphere. Renovated while keeping its charm, the front house offers 1,855 sq. ft. with 3 bedrooms, each with its own bath, plus living, dining, updated kitchen, breakfast nook, and laundry. The back house adds 732 sq. ft. with 2 bedrooms, 2 baths, full kitchen, and living area — perfect as a guest suite or rental. Outside, enjoy a spacious patio, gated parking, and room to relax or entertain. Adding to the value and turnkey appeal, all furniture is included in the sale, making this a move-in-ready residence or immediate income-producing property.

Investor Tools

Property Icon
$965,000
Estimated Property Value
$0Estimated Mortgage Balance
$965,000Estimated Equity
100% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$5,790 /month
Positive
Cash Flow Estimate:
$1,930 /month

Interested in this property?

Robert Barnes

Greater Waco Realty, LLC

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$1,606/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$14,447
$641,000
2025
$226,880
$414,120
$641,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$14,447
$641,000

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$965,000
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
1.7%

Learn About the Market: Opportunity in Texas

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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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1801 S 8th St | Property Details | No Agent List