McLennan County, Waco, TX 76704
2 bd1 ba828 sfBuilt 1946
Gross spread$59,100
Description
Waco tenant-occupied rental / heavy value-add opportunity. XLeads and public records indicate 2 bedrooms; older rental marketing reported 3 bedrooms. 1 bath, 828 SF, built 1946. Reported rent is approximately $785 per month. Seller reports the roof likely needs replacement and the property has no central HVAC; gas heat and evaporative cooling are indicated. Electrical, sinks, windows, and one room of flooring reportedly received work, but current interior condition and tenant access are unverified. Title must confirm the Carver Avenue / Carver Street variance, legal parcel, delinquent taxes, lease, rent ledger, deposit, tenant rights, and clear insurable title. Cash or hard money. Buyer must verify all facts, access, condition, repair costs, and value. Call [contact details hidden]. The $30,000-$35,000 repair range shown is an underwriting threshold from the buyer package, not a verified contractor estimate.
$/sqft vs market
Median of 10 comparable listings matched on ZIP + property type. A narrow sample moves a lot; read it as context, not as a valuation.
Property
Systems & condition
Self-reported by the seller. Not inspected.
Seller
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