2 Beds
1 Bath
1,058 SqFt
2 Beds
1 Bath
1,058 SqFt
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 1,058 sqft
Subdivision Farwell Heights
MLS Listing ID 21082387
Bedrooms 2
Full Baths 1
HOA Y/N None
Year Built 1930
Annual Tax Amount $2,968
Lot Size 8,232 Sqft
Acres 0.189
Property Sub-Type Single Family Residence
Property Description
This 2 bedroom, 1 bathroom cozy home is freshly renovated to ensure you get a modern feel. Additionally, you can enjoy a spacious backyard, and open floorplan!
Affordability First: Competitively priced under $200k! Take advantage of low-down payment loan programs and keep more cash in your pocket.
Instant Gratification: Enjoy modern living with brand-new interiors: stunning granite countertops, new cabinets, all-new flooring, and a completely updated bathroom with a tiled shower.
The Path to Wealth: Start building your future today with a property that offers a low barrier to entry and a solid, fully updated asset.
Investor's Advantage: Targeting Waco's Hottest Rental Markets
This property is strategically positioned for maximum rental income, perfectly suited for two of Waco's most reliable tenant pools.
The 2-bed configuration and central location make it ideal for Magnolia visitors and tourists, generating premium nightly rates and high turnover income.
Reliable Student Housing: With its proximity to Baylor University, this 2-bedroom setup is highly desirable for students seeking affordable, roommate-friendly housing.
Low Barrier to Entry: The competitive price point allows for an exceptional entry cap rate, and the turnkey condition means zero capital expenditures needed before placing your first tenant or guest.
Whether you're ready to make your first mortgage payment or secure your next high-performing rental, this is the smart choice. Don't let this competitively-priced opportunity slip away!
Location
State TX
County Mclennan
Direction GPS
Rooms
Dining Room 0
Interior
Interior Features Open Floorplan
Appliance Dishwasher, Electric Cooktop, Electric Oven
Exterior
Garage Spaces 1.0
Carport Spaces 1
Utilities Available City Sewer, City Water, Electricity Available
Total Parking Spaces 1
Garage Yes
Building
Story One
Level or Stories One
Schools
Elementary Schools Dean Highland
Middle Schools Cesar Chavez
High Schools Waco
School District Waco Isd
Others
Ownership Devon Olivares and Taliesa Olivares
Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21082387
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