Brand New Brick
1126 North 11th Street Waco, TX 76707
For Sale
$359,900
Turnkey, brand new brick duplex with two units, each offering three bedrooms and two full bathrooms.
Property Size2,116 SF
Price / SF$170.09
Days on Market220
Property Features for 1126 North 11th Street
General Information
Standard status
Active
Size
2,116 SF
Property subtype
Multi-Family / Full Duplex
Building Details
Year Built
2026
Listing Agency:
EG Realty
(254) 644-5508
Listed By:
Anel Perales · License #651652
(254) 644-5508
Source:
Compass
Added: Dec 22, 2025
Changed: Jul 23
Last Checked: Jul 29 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EG Realty
Investment Insights
Based on property information with market context.
This turnkey duplex features brand new brick construction designed for low-maintenance ownership. Each of the two units includes three bedrooms and two full bathrooms with an open-concept layout. The interior is finished with durable stained concrete floors, and kitchens feature granite countertops. Bathrooms include tiled bathtub surrounds, and each unit has a small covered porch. Additional details include foam insulation for energy efficiency, plus a freshly sodded yard.
A long driveway leads to the rear of the property, with parking available for up to four cars. Partial wooden privacy fencing provides separation around portions of the site.
Conveniently located near Waco attractions including the Silos at Magnolia, Cameron Park and Zoo, the Dr Pepper Museum, and downtown Waco entertainment.
A long driveway leads to the rear of the property, with parking available for up to four cars. Partial wooden privacy fencing provides separation around portions of the site.
Conveniently located near Waco attractions including the Silos at Magnolia, Cameron Park and Zoo, the Dr Pepper Museum, and downtown Waco entertainment.
Key Highlights
- Brand new 2‑unit brick duplex (1 story) built in 2026 with plans‑based building area of 2,116 SF
- Each unit offers 3 bedrooms and 2 full bathrooms with an open‑concept floorplan
- Kitchens include granite countertops; bathrooms feature tiled tub surrounds
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.7k | $13.56 |
| − Vacancy | −$2.5k | −$1.19 |
| EGI | $26.2k | $12.37 |
| − OpEx | −$7.9k | −$3.71 |
| NOI | $18.3k | $8.66 |
2,116 SF · lease $13.56/SF/yr · vacancy 8.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.9K
$229.1K – $305.5K
NOI $18,330 @ 7.0% cap · market cap 5.09%
Second Best
Apartment 5plus
$240.9K
$210.8K – $281.1K
NOI $16,865 @ 7.0% cap · market cap 4.69%
Theoretical Best
Office A
$558.3K
$488.5K – $651.3K
NOI $39,078 @ 7.0% cap · market cap 10.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turnkey, brand new brick duplex with two units, each offering three bedrooms and two full bathrooms.
Where is this duplex located?
The property is located at 1126 North 11th Street Waco, TX.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Brand new 2‑unit brick duplex (1 story) built in 2026 with plans‑based building area of 2,116 SF; Each unit offers 3 bedrooms and 2 full bathrooms with an open‑concept floorplan; Kitchens include granite countertops; bathrooms feature tiled tub surrounds
