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1200-1202 9th Street #2

Waco, TX 76707

$220,000

2 units · 1922

Units2
Building area2,143 sq ft
Year built1922
Gross income$22,500/yr
Cap rate8.08% as listed
Parking4 spaces
Lot size0.272 acres
TypeDuplex

What it costs to own

Taxes$1,653 per year
HOANone listed
Operating expenses$4,714 per year — as listed
Insurance$3,000 per year — as listed
Net operating income$17,785 per year — as listed

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

About this home

Investor opportunity in Waco! This income-producing duplex at 1200–1202 N 9th Street offers immediate cash flow with both units currently leased—one at $1,000 per month and the other at $1,200 per month. Each unit provides comfortable living space with functional layouts, making it an attractive option for long-term tenants.

Whether you're looking to expand your rental portfolio or step into your first investment property, this duplex delivers steady income with upside potential. Conveniently located with easy access to local amenities, schools, and major thoroughfares, the property appeals to a wide range of renters.

Don’t miss this chance to secure a performing asset in a growing market—schedule your showing today!

The details

HeatingOther
CoolingWindow Unit(s)
FlooringCarpet, Luxury Vinyl Plank
AppliancesGas Oven, Gas Range, Refrigerator
Interior featuresPantry

Construction materialsFrame, Vinyl Siding
RoofComposition
FoundationPillar/Post/Pier

FencingBack Yard, Chain Link, Wood
Water sourceCity Water
SewerCity Sewer

SubdivisionDewey

ElementaryWest Avenue
Middle schoolCesar Chavez
High schoolUniversity
DistrictWaco ISD

Gross income$22,500 per year
Operating expenses$4,714 per year
Insurance$3,000 per year
Cap rate8.08% — as listed
Net operating income$17,785 per year

MLS #21210571
Source
On the marketListed today
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryCare Net · 0.3 mi
Nearest parkDewey Park · 0.2 mi

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Listing courtesy of Kelly, Realtors — Nicholas Rivas.

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 #21210571. Information last updated March 17, 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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