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Updated Two-Unit Duplex

1301 Wood Avenue, Waco, TX 76706

For Sale
$569,900

ResidentialIncome, Waco, TX

Property SizeContact for details
Lot Size0.19 Acres
Days on Market49

Property Features for 1301 Wood Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Bedrooms 2
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 1
Parking 4
Parking features Assigned, Parking Lot
Interior features HighSpeedInternet, KitchenIsland, OpenFloorplan, Pantry, CableTv
Appliances Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Subdivision Kyger
Elementary school South Waco
Middle school Cesar Chavez
High school University
Elementary school district Waco ISD
Middle school district Waco ISD
High school district Waco ISD
Directions From I-35, take the University Parks Dr exit. Head west on University Parks Dr, turn left on S 12th St, then right on Wood Ave. Property will be on the right.
Standard status Active
APN 480262000030000
Lot size 0.19 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Description KYGER LOT 10 BLOCK 3 ACRES .1849
Tax Annual Amount 7490
Legal Description KYGER LOT 10 BLOCK 3 ACRES .1849

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Amenities

in-unit laundry
balcony
fenced backyard

Building Details

Year built 2000
Floors in Building 2
Number of units 2
Flooring type Vinyl, Tile
Building materials Brick
Roof type Composition
Buildings 1
Listing Agency: Bramlett Partners
Listed By: Catt Longoria · License #0730271
Added: Sep 22 Changed: Oct 30 Last Checked: Nov 9 at 4:06AM
MLS# 21393402

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.

Rey
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Investment Insights

Based on property information with market context.

This updated duplex contains two distinct residences, each with 2 bedrooms and 2 full bathrooms, for a combined total of 4 bedrooms and 4 full bathrooms. Both units include open living areas, refreshed kitchens and bathrooms, in-unit laundry, kitchen islands, pantries, and a mix of vinyl and tile flooring. Brick construction, central heating and cooling, public water, and public sewer serve the property. The 0.189-acre lot also provides a large fenced backyard, parking, alley access, and an upstairs balcony.

Located at 1301 Wood Avenue in Waco, the property is within walking distance of Baylor University. The duplex is eligible for both short-term and long-term rentals, and the two units are currently leased. Appliances include washers, dryers, refrigerators, dishwashers, disposals, and microwaves. The property was built in 2000 and may be sold partially furnished.

Key Highlights

  • Two separate 2‑bedroom, 2‑bath units with 4 bedrooms and 4 full bathrooms total
  • 0.189‑acre lot with a large fenced backyard, parking, alley access, and an upstairs balcony
  • Within walking distance of Baylor University

Property Analytics

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Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

487
Businesses Nearby

Demographics for 76706, TX

39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Duplexes in Waco, TX

$177 Jul
$176 Aug
$190 Sep
$182 Oct

Properties on Market for Duplexes in Waco

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate two-bedroom residences offer open layouts, in-unit laundry, and fenced outdoor space.
Where is this duplex located?
The property is located at 1301 Wood Avenue Waco, TX.
What is the asking price?
The asking price for this property is $569,900.
What are key features of this property?
This property features: Two separate 2‑bedroom, 2‑bath units with 4 bedrooms and 4 full bathrooms total; 0.189‑acre lot with a large fenced backyard, parking, alley access, and an upstairs balcony; Within walking distance of Baylor University
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