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1425 James Avenue

Waco, TX 76706

$569,000

2 units · 2006

Units2
Building area3,294 sq ft
Year built2006
Gross income$43,200/yr
Cap rate5.81% as listed
Parking8 spaces
Lot size0.189 acres
TypeDuplex

What it costs to own

Taxes$9,443 per year
HOANone listed
Operating expenses$6,979.21 per year — as listed
Insurance$3,148 per year — as listed
Net operating income$33,073 per year — as listed

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

About this home

Parent or Investor Buyers!!! Located just minutes from Baylor University, this Baylor Bubble duplex offers two spacious 4-bedroom, 2-bathroom units, ideal for student housing or investment. Each unit features an open living area, full kitchen, washer and dryer connections, and ample gated parking. Strong rental demand and proximity to campus, restaurants, and downtown Waco make this property a turnkey opportunity for steady income and long-term value. Both units currently leased $1,800 each through July 20th, of 2027.

The details

HeatingCentral, Electric
CoolingCentral Air, Electric
FlooringCeramic Tile, Luxury Vinyl Plank
AppliancesDishwasher, Disposal, Electric Range, Refrigerator
Interior featuresHigh Speed Internet Available

Construction materialsBrick, Wood
RoofComposition
FoundationSlab

Water sourceCity Water
SewerCity Sewer

SubdivisionWollett & Riley

ElementarySouth Waco
Middle schoolCesar Chavez
High schoolUniversity
DistrictWaco ISD

Gross income$43,200 per year
Operating expenses$6,979.21 per year
Insurance$3,148 per year
Cap rate5.81% — as listed
Net operating income$33,073 per year

MLS #21360543
Source
On the market1 day
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryThe Mix Cafe · 0.7 mi
Nearest parkCouncil Acres Park · 0.1 mi

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Listing courtesy of Campus, REALTORS — David Harris.

Where it is

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Robert LewisStephen LewisRobert & StephenInk Realty Group

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Listing courtesy of Coldwell Banker Apex, REALTORS

Listing data provided by the North Texas Real Estate Information Systems (NTREIS). MLS #21360543. Information last updated August 19, 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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