1911 S 11th Street, Waco, TX 76706
Local realty services provided by:CENTURY 21 Mike Bowman, Inc.
Listed by: matthew mcleod
Office: the mcleod company
MLS#:21043304
Source:GDAR
Price summary
- Price:$1,150,000
- Price per sq. ft.:$175.52
About this home
While you've likely heard the old adage 'LOCATION, LOCATION, LOCATION', have you heard its new and improved companion: 'CASH FLOW, CASH FLOW, CASH FLOW'? This Baylor University area property offers BOTH! ~~~ Poised in the absolute center of the 'Baylor Bubble', this distinctive duplex just underwent a host of improvements and updates transforming it into THE property in the 'Bubble'. Featuring a dual, four bedroom, two bathroom layout across 3,552 square feet, this might be the best buy in all of Baylor! ~~~ Walkable to class, ample parking, and it needs nothing; what more could you want? How about cash flow until August 2026? This property is fully leased at market at a gross lease of $8,500 to a single tenant. Net operating income is substantial: $82,378 per annum offering a capitalization rate of 6.59%. ~~~ Whether you're seeking a long-term investment, short-term cash flow that opens the door for your Baylor student next fall, or you're seeking zoning allowing for short-term rental on AirBnb and VRBO; this is an investment worth consideration! ~~~ Regardless of the priority you seek: location, cash flow, convenience, a turn-key opportunity, or all of the above; this property is a MUST SEE!
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Home facts
- Year built:2006
- Listing ID #:21043304
- Added:152 day(s) ago
- Updated:January 29, 2026 at 12:54 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Full bathrooms:4
- Living area:6,552 sq. ft.
Heating and cooling
- Cooling:Ceiling Fans, Central Air, Electric
- Heating:Central, Electric
Structure and exterior
- Roof:Composition
- Year built:2006
- Building area:6,552 sq. ft.
- Lot area:0.19 Acres
Schools
- High school:University
- Middle school:Cesar Chavez
- Elementary school:Alta Vist
Finances and disclosures
- Price:$1,150,000
- Price per sq. ft.:$175.52
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