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$189,000

NAL Estimated Property Value

1903 S 11th Street A & B, Waco, TX, 76706

Off MarketInfo
Beds8 Beds
Baths4 Bath
Year BuiltBuilt in 2014

Property Lead Type:

BankruptcyOff-Market ListAbsentee OwnerHigh EquityMove-In Ready

Highlights

Interior

Bedrooms 8Bedrooms 8
Bathrooms 4Bathrooms 4
AppliancesDishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Washer
FlooringCarpet, Tile

Exterior

Exterior FeaturesBalcony, Private Entrance
Lot Size8,250 sqft

Land Information

APN480029000196003
Lot Number8
SubdivisionBaylor
Land UseResidential
Legal DescriptionBAYLOR LOT 8 BLOCK 18 ACRES .1894
Census Tract000598
Assessed Land Value$72,000
Assessment Year2025

About this property

An exceptional investment opportunity awaits in the highly coveted and locally known as the Baylor Bubble. This meticulously designed and gated duplex offers a premium experience and stylish life style. Beautifully equipped with modern finishes and stylish decor, featuring high-quality mattresses and plush pillows and also offers modern amenities such as Smart Key locks and a secure building for a seamless living experience. Each of the two units comes beautifully furnished, provides a spacious 4-bedroom, 2-bathroom layout, and open-concept living space. Both luxury units are currently operating successfully as performing short-term rentals (Air B&Bs), offering an immediate income stream. This property is ideal for both the seasoned investor seeking a turnkey asset or a parent looking for premium student housing in great location with built-in rental income potential. Value adds opportunity with room to convert bath area to turn units to 4 bed and 4 bath each. You are steps away from the best Waco has to offer. Baylor Campus is a short walking distance, only 6 minutes to McLane Stadium, a quick 7-minute drive to the Magnolia Market at the Silos and all that downtown has to offer from boutique shopping to trendy restaurants and night life.

Investor Tools

Property Icon
$189,000
Estimated Property Value
$58,216Estimated Mortgage Balance
$130,784Estimated Equity
69% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$4,074 /month
Positive
Cash Flow Estimate:
$1,358 /month

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$206/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,523
$72,000
2025
$72,000
N/A
$72,000
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,523
$72,000

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Central National Bank
Commercial
$60,000
No
First
Sep 5, 2024
N/A

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$58,216
$130,784
69%
31%
$360/mo

City: Waco

1903 S 11th Street A & B | Property Details | No Agent List