110 S Oak Dr, Waco, TX 76705 For Sale

Presenting a stabilized 48-home single-family rental portfolio in the rapidly expanding Waco, Texas market.
With 95% occupancy, a median composition of 3-bedroom / 1-bathroom homes, and strong rental fundamentals, this portfolio provides investors with durable cash flow and favorable appreciation potential. The homes, averaging 1,129 square feet and built around 1947, are well-positioned to capture continued rent growth in a metro area exceeding 147,000 residents with steady population and job expansion.

The portfolio generates approximately $65,495 in monthly revenue (median rent of $1,295 per unit) and operates at a 7.0% cap rate on an asking price of $7,338,000, offering attractive in-place returns. Supported by robust local employers such as Baylor University and Ascension Providence, Waco’s growing economic base and 9% year-over-year home price appreciation reinforce the long-term upside of this stabilized investment.

All interested operators must schedule a discovery call with Deal Lead Chase Wright before receiving the full home tape (after NDA execution).

📅 Schedule a call here: https://calendly.com/chase-wright-place/project-carpet