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923 Reynolds Street

Waco, TX 76707

$159,000

2 units · 1951

Units2
Building area1,440 sq ft
Year built1951
Gross income$13,800/yr
Cap rate6.35% as listed
Parking2 spaces
Lot size0.186 acres
TypeDuplex

What it costs to own

Taxes$3,522 per year
HOANone listed
Operating expenses$1,704 per year — as listed
Insurance$2,000 per year — as listed
Net operating income$10,096 per year — as listed

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

About this home

INVESTMENT OPPORTUNITY IN THE HEART OF WACO!

Calling all investors and house hackers! Don’t miss your chance to own this income-producing duplex conveniently located in the heart of Waco! Whether you’re looking to expand your rental portfolio or live in one unit while generating rental income from the other, this property offers excellent potential.

Unit A is currently leased for $1,100 per month, providing immediate rental income, while Unit B is vacant and ready for a new tenant or owner-occupant. With two separate units, this property offers flexibility and multiple opportunities to maximize your investment.

Conveniently situated near shopping, dining, schools, and major roadways, this duplex is positioned in an accessible Waco location.

The details

HeatingNone
CoolingWall Unit(s)
FlooringVinyl
AppliancesElectric Range
Interior featuresCable TV Available

Construction materialsSiding
RoofComposition
FoundationPillar/Post/Pier

Water sourceCity Water
SewerCity Sewer

SubdivisionReynolds

ElementaryWest Avenue
Middle schoolGW Carver
High schoolWaco
DistrictWaco ISD

Gross income$13,800 per year
Operating expenses$1,704 per year
Insurance$2,000 per year
Cap rate6.35% — as listed
Net operating income$10,096 per year

MLS #21418090
Source
On the market9 days
CountyMcLennan

Around this home

One moment…

Everyday life

Nearest groceryMission Waco · 0.4 mi
Nearest parkSeley Park · 0.4 mi

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Listing courtesy of Agents Of Texas, LLC — Cameron Gomez.

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 #21418090. Information last updated November 1, 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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