Four-Bedroom
1907 S 17th St Waco, TX 76706
1907 S 17th St, Waco, TX, 76706
$500,000
For Sale
$500,000
Distinctive duplex with two units, each offering four bedrooms and four baths.
Property Size3,280 SF
Price / SF$152.44
Days on Market27
Property Features for 1907 S 17th St
General Information
- Standard status
- Active
- Size
- 3,280 SF
- Property subtype
- Multi Family Home
Building Details
- Year Built
- 2006
Listing agency
Teri Johnson Properties
(512) 796-5592
Listed by
Teri Johnson · License #0385003
Source
Buttross
Added: Jun 26 Updated: Jul 21 at 11:04AM Checked: Jul 22 at 6:55AM
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 Teri Johnson Properties
Investment Insights
Based on property information with market context.
This duplex features two separate units, each configured with four bedrooms and four bathrooms. The layout is designed to provide privacy and abundant living space, supporting flexible residential use as a single-occupant setup or as separate rentals.
The property is located near Baylor University, placing it within close proximity to campus-related demand. It is offered for sale in Waco, Texas.
As a residential income property, the duplex’s two-unit structure offers a straightforward way to generate rental income or to live in one unit while renting the other.
The property is located near Baylor University, placing it within close proximity to campus-related demand. It is offered for sale in Waco, Texas.
As a residential income property, the duplex’s two-unit structure offers a straightforward way to generate rental income or to live in one unit while renting the other.
Key Highlights
- Duplex built in 2006 featuring 2 separate units
- Each unit offers 4 bedrooms and 4 baths
- Near Baylor University, offering close proximity to campus
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 | $44.5k | $13.56 |
| − Vacancy | −$3.9k | −$1.19 |
| EGI | $40.6k | $12.37 |
| − OpEx | −$12.2k | −$3.71 |
| NOI | $28.4k | $8.66 |
3,280 SF · lease $13.56/SF/yr · vacancy 8.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$405.9K
$355.2K – $473.6K
NOI $28,413 @ 7.0% cap · market cap 5.68%
Second Best
Apartment 5plus
$373.5K
$326.8K – $435.7K
NOI $26,143 @ 7.0% cap · market cap 5.23%
Theoretical Best
Office A
$865.4K
$757.2K – $1.01M
NOI $60,575 @ 7.0% cap · market cap 12.12%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
The Pillow Fairies
Industrial Manufacturer
Quality Painting Co.
Painting Service
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Distinctive duplex with two units, each offering four bedrooms and four baths.
Where is this duplex located?
The property is located at 1907 S 17th St Waco, TX.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Duplex built in 2006 featuring 2 separate units; Each unit offers 4 bedrooms and 4 baths; Near Baylor University, offering close proximity to campus
