Duplex Investment
3917 Bosque Boulevard Waco, TX 76710
For Sale
$175,000
Duplex for sale near schools, churches, and shopping, currently with tenants in place.
Property Size1,246 SF
Price / SF$140.45
Days on Market949
Property Features for 3917 Bosque Boulevard
General Information
- Standard status
- Active
- Size
- 1,246 SF
- Property subtype
- Duplex
Building Details
- Year Built
- 1948
Listing Agency:
Alley Home & Land Co
(254) 596-4663
Listed By:
Alley
(254) 231-6633
Source:
Xome
Added: Dec 17, 2023
Changed: Jul 23
Last Checked: Jul 23 at 4:07AM
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 Alley Home & Land Co
Investment Insights
Based on property information with market context.
This duplex investment property is available for sale and is currently occupied by tenants. The listing is positioned for investors who are looking to acquire a residential income asset with existing in-place occupancy.
The property is located on Bosque Boulevard and is described as being close to schools, churches, and shopping. Please do not disturb tenants.
The offering is identified as a duplex and includes a residential income focus under the current listing details.
The property is located on Bosque Boulevard and is described as being close to schools, churches, and shopping. Please do not disturb tenants.
The offering is identified as a duplex and includes a residential income focus under the current listing details.
Key Highlights
- Duplex built in 1948
- Zoned R‑2
- Brick trim/veneer exterior
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 | $16.9k | $13.56 |
| − Vacancy | −$1.5k | −$1.19 |
| EGI | $15.4k | $12.37 |
| − OpEx | −$4.6k | −$3.71 |
| NOI | $10.8k | $8.66 |
1,246 SF · lease $13.56/SF/yr · vacancy 8.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$154.2K
$134.9K – $179.9K
NOI $10,793 @ 7.0% cap · market cap 6.17%
Second Best
Apartment 5plus
$141.9K
$124.1K – $165.5K
NOI $9,931 @ 7.0% cap · market cap 5.67%
Theoretical Best
Office A
$328.7K
$287.6K – $383.5K
NOI $23,011 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
FAQs
What type of property is this?
Duplex - Duplex for sale near schools, churches, and shopping, currently with tenants in place.
Where is this duplex located?
The property is located at 3917 Bosque Boulevard Waco, TX.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Duplex built in 1948; Zoned R‑2; Brick trim/veneer exterior
