Waco Street Duplexes
20-Unit Stabilized Duplex Portfolio | Strong In-Place Cash Flow
Marketing description
**1–10 Waco Street | 20-Unit Duplex Portfolio**
**Prime Investment Opportunity!**
This 20-unit duplex portfolio on 1–10 Waco Street presents a lucrative chance to capitalize on stable cash flow and potential growth. Currently at 90% occupancy with tenants paying for utilities, this property minimizes expenses for the owner, providing a solid income stream. **Impressive Financials:** With a current gross income of $356,400 annually and a pro-forma NOI of $353,400 at full occupancy, this asset boasts a current cap rate of 7.86% and a pro-forma cap rate of 8.85%. **Strategic Investment:** The duplex configuration reduces shared-wall density risk, and a professional maintenance structure is already in place. Ideal for investors seeking predictable income and scalable returns, this offering comes with the added benefit of lease optimization potential. **Don't Miss Out!** Contact us to learn more about this attractive investment in 1–10 Waco Street and seize the opportunity for a secure and profitable asset in a prime location.
Investment highlights
Modern construction with metal siding and roof for low maintenance.
Concrete drive and separate utility meters—no squabbles over who pays the water bill.
3 bedrooms and 2 full baths on each side—plenty of room for families or roommates.
Close to community baseball fields and a short drive to Lake LBJ, shopping, and eateries.
Zoned unrestricted—use your imagination for future possibilities.
Strong rental history (each side currently rents for $1 600 per month).
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Tax History
Similar Properties
Additional Information
Is there information that looks off?
