1902 S 8th St, Waco, TX 76706

$1,850,000

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List Price
$1,850,000
Status
ACTIVE
MLS#
2881930
Days on Market
70
Lot Size
15,938
Area
Other

Property Description

This well-maintained property is ideally situated in a highly sought-after location near Baylor University, offering excellent visibility and accessibility. Recent updates include a roof, fresh exterior paint, durable Hardiplank sheathing, modern vinyl plank flooring, security lighting, and updated entry pads. With these key improvements already completed, this property is well situated for investors. The property offers strong future potential, including the possibility of converting to condominiums and selling units individually down the line. Currently offering a solid 7% cap rate, this is an outstanding opportunity in a growing and vibrant area.

Additional Information

Taxes
$13,535
Tax Year
2025
Year Built
1998
Parking Spaces
10
Construction
Brick, HardiPlank Type, Board & Batten Siding
Region
Other
View
No View
Sewer
Public Sewer
Street Name
S 8th St
Street Number
1902
Neighborhood
Bagby
Water
Public
Acres
0.37
County
McLennan
Floor
Carpet, Tile, Vinyl
Heating
Central

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Calculator source: Real Geeks

Listing courtesy of Compass RE Texas, LLC. Contact: (512) 966-9781

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