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929 12th Street

Waco, TX 76707

$275,000

1 units · 1915

Units1
Building area1,462 sq ft
Year built1915
Gross income$47,111/yr
Cap rate7.19% as listed
Parking4 spaces
Lot size0.172 acres
TypeResidential Income

What it costs to own

Taxes$4,349 per year
HOANone listed
Operating expenses$27,340 per year — as listed
Insurance$2,926 per year — as listed
Net operating income$19,771 per year — as listed

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

About this home

Turn-key investment opportunity in the heart of Waco! This fully furnished 3-bedroom, 3-bath home offers a flexible layout and is ready for its next owner. The remodeled interior features a stylish kitchen with custom cabinetry, stainless steel appliances, gas range, farmhouse sink, and pot filler. Two bedrooms feature private en-suite baths, making the layout especially appealing for short-term, mid-term, or long-term rental use. The spacious primary suite includes dual vanities, a walk-in shower, freestanding tub, and walk-in closet. Outside, enjoy a large backyard, spacious deck, and detached garage offering additional storage or future potential. Conveniently located near Baylor University, downtown Waco, Magnolia, shopping, dining, and major attractions. An excellent opportunity for an investor looking for a furnished, move-in or rental-ready property in a strong Waco location.Currently an income producing Airbnb.

The details

HeatingCentral
CoolingCentral Air
AppliancesDishwasher, Gas Range, Microwave, Refrigerator, Washer
Interior featuresDecorative Lighting, Double Vanity, Eat-in Kitchen, Granite Counters, High Speed Internet Available, Open Floorplan, Walk-In Closet(s)
FireplaceNone

Construction materialsUnknown
RoofComposition
FoundationPillar/Post/Pier

Water sourceCity Water
SewerCity Sewer

SubdivisionReynolds

ElementaryWest Avenue
Middle schoolCesar Chavez
High schoolUniversity
DistrictWaco ISD

Gross income$47,111 per year
Operating expenses$27,340 per year
Operating includesGardener, Insurance, Licenses, Maintenance, Utilities
Insurance$2,926 per year
Cap rate7.19% — as listed
Net operating income$19,771 per year

MLS #21371288
Source
On the market1 day
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryCare Net · 0.3 mi
Nearest parkDewey Park · 0.3 mi

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Listing courtesy of Axio Real Estate LLC — Jody Scoggins.

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 #21371288. Information last updated August 28, 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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