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1915 7th Street

Waco, TX 76706

$895,000

2 units · 2000

Units2
Building area3,568 sq ft
Year built2000
Gross income$86,580/yr
Cap rate6.27% as listed
Parking8 spaces
Lot size0.189 acres
TypeDuplex

What it costs to own

Taxes$12,058 per year
HOANone listed
Operating expenses$30,471 per year — as listed
Insurance$3,481 per year — as listed
Net operating income$56,109 per year — as listed

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

About this home

BU Dreamhouse – The Ultimate Baylor Investment Property
Welcome to the BU Dreamhouse, a rare find in the heart of the coveted Baylor Bubble! Originally designed as a duplex, this spacious property now lives as a single-family residence, offering unmatched flexibility and convenience for Baylor students. With 8 bedrooms, 4 full bathrooms, and 2 half bathrooms, this home easily accommodates large groups, making it the perfect setup for student living. Each side of the house mirrors the other, featuring its own living area, kitchen, dining space, laundry room, and half bath downstairs—ideal for both privacy and community under one roof. Upstairs, four bedrooms and two bathrooms on each side create plenty of space for everyone. The charm continues outdoors with a screened-in porch stretching across the back of the home, perfect for relaxing or studying in comfort. The privacy-fenced backyard offers even more appeal, complete with a cozy fire pit for evenings with friends. Thoughtful updates and stylish touches throughout the home blend comfort with modern flair, from the natural light-filled dining areas to the inviting bedrooms that feel warm and homey. This property is more than just a house—it’s a lifestyle investment. Parents will love the opportunity to secure a safe, spacious, and desirable home for their Baylor students, while also benefiting from strong rental potential in one of Waco’s most sought-after locations.

The details

HeatingCentral, Electric, Fireplace(s)
CoolingCeiling Fan(s), Central Air, Electric
FlooringCarpet, Ceramic Tile, Vinyl
AppliancesDishwasher, Electric Range, Microwave
Interior featuresDecorative Lighting, Eat-in Kitchen
Bathrooms4 full · 2 half
Fireplace1 · Dining Room, Wood Burning

Construction materialsBrick, Frame
RoofComposition
FoundationSlab

Lot featuresCleared, Few Trees, Lrg. Backyard Grass
FencingBack Yard, Fenced, Perimeter, Privacy, Wood
Water sourceCity Water
SewerCity Sewer
ElectricElectricity Connected

SubdivisionBagby

ElementarySouth Waco
Middle schoolCesar Chavez
High schoolUniversity
DistrictWaco ISD

Gross income$86,580 per year
Operating expenses$30,471 per year
Insurance$3,481 per year
Cap rate6.27% — as listed
Net operating income$56,109 per year

MLS #21083095
Source
Price changeReduced by $70,000 · Oct 13, 2026
On the market368 days
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryThe Mix Cafe · 0.2 mi
Nearest parkPark on Bagby Avenue · 0.2 mi

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Listing courtesy of Keller Williams Realty, Waco — Melissa Harrell.

Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21083095. Information last updated October 13, 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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