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Duplex with Private Entrances
For Sale
$340,000

1623 Seley Avenue, Waco, TX 76704

ResidentialIncome, Waco, TX

Property SizeContact for details
Lot Size0.17 Acres
Days on Market54

Property Features for 1623 Seley Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Property condition Under Construction
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4, Bedroom 2
Parking 2
Interior features KitchenIsland
Appliances ElectricRange, ElectricWaterHeater, Microwave
Subdivision Faulkner
Elementary school La Vega
Middle school La Vega
High school La Vega
Elementary school district La Vega ISD
Middle school district La Vega ISD
High school district La Vega ISD
Directions GPS friendly
Standard status Active
APN 280177050001007
Lot size 0.17 Acres

Taxes and HOA fees

Tax Description FAULKNER LOT 1 BLOCK 1 ACRES .169
Tax Annual Amount 3373
Legal Description FAULKNER LOT 1 BLOCK 1 ACRES .169

Utilities

Heating system Electric (Heating)
Cooling system Ceiling Fan(s)

Building Details

Year built 2023
Floors in Building 2
Number of units 2
Flooring type Vinyl, Carpet
Roof type Asphalt
Listing Agency: Agents Of Texas, LLC
Listed By: Ryan Simpson · License #0811203
Added: Jul 19 Changed: Sep 8 Last Checked: Sep 10 at 7:06PM
MLS# 21263796

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This duplex contains two residences, each arranged across two levels with two bedrooms and 1.5 bathrooms. Main-floor layouts include an open kitchen and living area, a half bath, and a laundry closet; the upper level contains both bedrooms and a Jack-and-Jill full bathroom. Interior details include butcher block countertops, black fixtures, updated cabinetry, vinyl flooring on the first level, and carpet upstairs. Each residence has a private entrance and separate driveway, while electric appliances, electric water heating, ceiling fans, and asphalt roofing serve the property. The building was constructed in 2023 and sits on 0.169 acres.

The property is fully leased with 12-month terms in place. Access to downtown Waco, I-35, Baylor University, McLennan Community College, and Texas State Technical College adds established connectivity to major local destinations.

Key Highlights

  • Two‑unit duplex with two 2‑bedroom, 1.5‑bath residences
  • Both units have 12‑month leases in place
  • Each residence includes a private entrance and separate driveway

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Building Supply Kitchen & Bath Showroom Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby

Demographics for 76704, TX

7,220
Population
3,703
Households
1.9
Avg Household Size
35
Median Age
8%
College-Educated
78%
High-School Grad
5.4 sq mi
ZIP Area
1,337
Density / Sq Mi
$24,208
Median Household Income
$24,363
Median Earnings
$788
Median Rent
$112,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two separately accessed residences offer two-story layouts, private driveways, and contemporary interior finishes.
Where is this duplex located?
The property is located at 1623 Seley Avenue Waco, TX.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Two‑unit duplex with two 2‑bedroom, 1.5‑bath residences; Both units have 12‑month leases in place; Each residence includes a private entrance and separate driveway
More about this property
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