1501 South 29th Street Waco, TX 76711

Listing office Keller Williams Realty, Waco b***@onwardret.com Show Phone

Listing date Feb 6, 2026

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Investment Insights

Based on property information with market context.

Located at 1501 South 29th Street in Waco, Texas, this two-unit duplex offers an investment opportunity with potential for increased rental income. Each unit provides approximately 829 square feet. The property is suitable for long-term tenants or potential repositioning. Recent capital improvements include foundation work, new HVAC systems, new water heaters, and updated flooring. One unit is currently rented at $1,100 per month, with market rent projected at $1,300 per month. The vacant space has just been offered for lease due to recent foundation work. Zoned C-2: Commercial (Beverly Hills), the property allows flexibility for future use or redevelopment. Its location near a heavy retail corridor and adjacent to South Waco Park enhances tenant appeal and long-term value. The property is located in a growing Waco submarket. The 2025 taxes are $2,567.58.

Key Highlights

• Duplex with immediate income: one unit rented at $1,100/month, potential to increase to $1,300/month.
• Recent capital improvements including foundation work, new HVAC systems, new water heaters, and updated flooring.
• Zoned C‑2: Commercial (Beverly Hills), offering flexibility.

Property Analytics

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FAQs

What type of property is this?

Duplex - Two-unit duplex with income upside in Waco, Texas.

Where is this duplex located?

The property is located at 1501 South 29th Street Waco, TX.

What is the asking price?

The asking price for this property is $249,900.

What are key features of this property?

This property features: Duplex with immediate income: one unit rented at $1,100/month, potential to increase to $1,300/month.; Recent capital improvements including foundation work, new HVAC systems, new water heaters, and updated flooring.; Zoned C‑2: Commercial (Beverly Hills), offering flexibility.