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1716 Ethel Avenue #1714, 1718, 1720

Waco, TX 76707

$410,000

4 units · 1925

Units4
Building area2,694 sq ft
Year built1925
Gross income$43,680/yr
Cap rate9.15% as listed
Parking4 spaces
Lot size0.224 acres
TypeQuadruplex

What it costs to own

Taxes$719 per year
HOANone listed
Operating expenses$6,179 per year — as listed
Insurance$5,460 per year — as listed
Net operating income$37,501 per year — as listed

Taxes shown reflect the current owner's exemptions and may change after purchase.

About this home

Investment opportunity in Waco! 1716 Ethel Avenue is a four-unit property offered as part of a multi-property investment portfolio. The property consists of two buildings: a front triplex comprising 1716, 1718, and 1720 Ethel Avenue, plus a detached cottage at 1714 Ethel Avenue. All four residences feature 1-bedroom, 1-bath floor plans, providing a desirable and efficient rental configuration. All four units are currently tenant occupied, providing established rental income. The property has benefited from extensive improvements and offers a stabilized investment opportunity with tenants in place. This property is being offered in conjunction with 1702 Ethel Avenue and 1704 Ethel Avenue as part of a larger 9-unit investment portfolio. Contact your real estate professional for additional information regarding the portfolio, leases, financials, and availability. Please do not disturb tenants.

The details

HeatingElectric
CoolingElectric
FlooringLuxury Vinyl Plank
AppliancesGas Range, Refrigerator
Interior featuresOther

Construction materialsSiding, Wood
RoofComposition
FoundationConcrete Perimeter, Slab, Other

Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected
UtilitiesCable Available, Individual Gas Meter, Phone Available

SubdivisionDickey

ElementaryWest Avenue
Middle schoolGW Carver
High schoolWaco
DistrictWaco ISD

Gross income$43,680 per year
Operating expenses$6,179 per year
Insurance$5,460 per year
Cap rate9.15% — as listed
Net operating income$37,501 per year

MLS #21400887
Source
On the market2 days
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryMission Waco · 0.2 mi
Nearest parkSeley Park · 0.2 mi

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Listing courtesy of Keller Williams Realty, Waco — Jonathon Villaescusa.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21400887. Information last updated October 2, 2026.

Based on information submitted to the MLS as of the date above. All data is obtained from various sources and may not have been verified by the broker or NTREIS. Supplied data is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing.

Ink Realty Group is brokered by eXp Realty.

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