Almost-New Duplex With Smart Home
1619 N 12th Street Waco, TX 76707
1619 N 12th Street, Waco, TX, 76707
$274,900
For Sale
$274,900
MULTI_FAMILY - Waco, TX
Property Size1,676 SF
Lot Size0.19 Acres
Price / SF$164.02
Days on Market26
Property Features for 1619 N 12th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Duplex
- Bedrooms
- 6
- Bathrooms
- 2
- Rooms
- Bedroom 1, Bedroom 4, Bedroom 5, Bedroom 6, Bedroom 2, Bathroom 1, Bedroom 3, Bathroom 2
- Parking
- 2
- Appliances
- Dishwasher, Disposal
- Standard status
- Active
- APN
- 480063000075000
- Size
- 1,676 SF
- Lot size
- 0.19 Acres
Taxes and HOA fees
- Tax Description
- BURLESON M F LOT 5 BLOCK 7 ACRES .1894
- Tax Annual Amount
- 2780
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air, Electric
- Water source
- Public
Building Details
- Year built
- 2020
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Vinyl
- Building materials
- Frame
- Roof type
- Composition
Listing Agency
Premier, REALTORS
(254) 772-0505
Waco, TX
Listed by
Eric Zadnik · License #475183
(254) 772-0505
Added: Jun 22 Checked: Jul 17 at 9:06 pm
MLS# 21270211
Listing URL
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 almost-new duplex offers two identical residential units. Each unit is reported as 838 square feet and includes three bedrooms and one bathroom, along with modern amenities. The property is described as energy-efficient, and it is fully set up for smart home technology.
The duplex is located at 1619 N 12th Street in Waco, Texas (76707) in McLennan County. With two separate units under one roof, the layout supports flexible use depending on how an owner intends to occupy or lease the home.
For tenants or owner-occupants, the configuration can work well for someone who wants to live in one unit while renting the other. For investors, the property’s two-unit setup provides a straightforward structure for residential income. As marketed, the smart home readiness and energy-efficiency features are key operational considerations to review when evaluating the fit for your occupancy or leasing goals.
The duplex is located at 1619 N 12th Street in Waco, Texas (76707) in McLennan County. With two separate units under one roof, the layout supports flexible use depending on how an owner intends to occupy or lease the home.
For tenants or owner-occupants, the configuration can work well for someone who wants to live in one unit while renting the other. For investors, the property’s two-unit setup provides a straightforward structure for residential income. As marketed, the smart home readiness and energy-efficiency features are key operational considerations to review when evaluating the fit for your occupancy or leasing goals.
Key Highlights
- Almost new duplex built in 2020 with two identical units, each 838 SF
- Each unit offers 3 bedrooms and 1 bathroom
- Central air and central electric heating
Local 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 | $22.7k | $13.56 |
| − Vacancy | −$2.0k | −$1.19 |
| EGI | $20.7k | $12.37 |
| − OpEx | −$6.2k | −$3.71 |
| NOI | $14.5k | $8.66 |
1,676 SF · lease $13.56/SF/yr · vacancy 8.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$207.4K
$181.5K – $242.0K
NOI $14,518 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$190.8K
$167.0K – $222.6K
NOI $13,358 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$442.2K
$386.9K – $515.9K
NOI $30,952 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Two identical three-bedroom, one-bath units with smart home technology in an almost-new duplex in Waco, TX.
Where is this duplex located?
The property is located at 1619 N 12th Street Waco, TX.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Almost new duplex built in 2020 with two identical units, each 838 SF; Each unit offers 3 bedrooms and 1 bathroom; Central air and central electric heating
