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2624 17th Street

Waco, TX 76708

$295,000

3 units · 1904

Units3
Building area3,044 sq ft
Year built1904
Gross income$46,068/yr
Cap rate14.01% as listed
Parking3 spaces
Lot size0.214 acres
TypeTriplex

What it costs to own

Taxes$8,130 per year
HOANone listed
Operating expenses$8,684 per year — as listed
Insurance$2,200 per year — as listed
Net operating income$41,317 per year — as listed

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

About this home

Exclusive property for investors! Here is a great opportunity for those wanting to add to their portfolios or those who are just beginning. This property holds 3 rental units. Two of the units have 1 bathroom and 1 bedroom with a living room which can be used as a second bedroom. The upstairs unit has 2 bedrooms, a living room, 1 bathroom and kitchen which was completely remodeled in 2024. The roof was replaced in 2024 as well.
2 of the current leases are month-to-month and have been renting for a year or longer. The 3rd lease (Unit B) is up on 3-31-27.

The details

HeatingOther
CoolingWindow Unit(s)
FlooringVinyl, Wood
AppliancesElectric Range, Microwave
Interior featuresOther

Construction materialsSiding, Wood
RoofComposition
FoundationPillar/Post/Pier

FencingNone
Water sourceCity Water

SubdivisionFarwell Heights

ElementaryCedar Ridge
Middle schoolGW Carver
High schoolUniversity
DistrictWaco ISD

Gross income$46,068 per year
Operating expenses$8,684 per year
Insurance$2,200 per year
Cap rate14.01% — as listed
Net operating income$41,317 per year

MLS #21414959
Source
On the market2 days
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryH-E-B · 0.9 mi
Nearest parkNorth Waco Park · 0.6 mi

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Listing courtesy of Better Homes and Gardens — Melody Perez.

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 #21414959. Information last updated October 26, 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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