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$320,000

2419 Herring Avenue B, Waco, TX, 76708

On MarketInfo
Just AddedInfo
CommercialInfo
Baths0 Bath
Year BuiltBuilt in 2009

Highlights

Interior

Bathrooms 0Bathrooms 0
FlooringCarpet

About this property

Located in the heart of Waco, 2419 Herring Avenue presents a dynamite opportunity for investors, entrepreneurs, and business owners seeking a versatile commercial property in a highly accessible location with potential for two tenants. Situated on a prominent corner lot with ample on-site parking, this building was constructed in 2009 and offers multiple potential uses. The property is currently configured as two separate suites. One side was previously occupied by a check-cashing business, while the other features a spacious reception and lobby area, three private offices, and a restroom. This flexible layout makes the property ideal for professional offices, retail, financial services, medical-related uses, or owner-occupant business operations. With excellent visibility, convenient access, and a functional floor plan, 2419 Herring offers the perfect combination of location, flexibility, and opportunity. Whether you’re looking to expand your business or generate rental income, this property is well-positioned to meet a variety of commercial needs.

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$0Estimated Mortgage Balance
$0Estimated Equity
0% equity
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Estimated ARV (After-Repair Value)
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Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,920 /month
Positive
Cash Flow Estimate:
$640 /month

Interested in this property?

Ashton Gustafson

AG Real Estate & Associates

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Financing Details

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

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.

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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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