Waco Baylor Duplex Fully Occupied | $520K

1907 S 17th St, Waco

ROI

16.50% IRR

Strategy

Long Term Rental

$4,800 per month is already in place on this fully occupied duplex near Baylor University. Both sides are large 4-bed, 4-bath units, with one leased for $2,200 (through july 30, 2027) and the other leased for $2,600 (through July 30, 2026), giving you a rare student-rental-style layout without buying an older beat-up asset. There is plenty of room for rent growth, with market comps supporting as much as $2,750 per unit, or roughly $5,500 per month total. Great for a buyer who wants the security of proximity to a major university. I’d start with an offer at $520K.

Enter your email to download the proforma

< Back to Daily Deals

Waco Baylor Duplex Fully Occupied | $520K

Listed 06/30/2026

Download the report Talk to an agent

1907 S 17th St, Waco

Purchase Price:$520,000

Cash Outlay:$140,400

Cashflow:$506/mo

Cap Rate:7.01%

IRR:16.50%

Talk to an agent about this property

Get a response in less than 24 hours.

Message

See other properties

Long Term Rental

Dallas 1% Rule SFR Motivated Seller | $235K

3807 Alsbury St, Dallas

Purchase Price:$235,000

Cash Outlay:$63,450

Cashflow:$591/mo

Cap Rate:8.86%

IRR:25.47%

Long Term Rental

Fort Worth Rental Leased at $2,850/mo | $289,500

208 Dakota Ridge Dr, Fort Worth

Purchase Price:$289,500

Cash Outlay:$78,165

Cashflow:$707/mo

Cap Rate:8.87%

IRR:15.66%

Long Term Rental

Killeen Fourplex Hitting 1% Rule | $340K

1501 Benttree Dr, Killeen

Purchase Price:$340,000

Cash Outlay:$91,800

Long Term Rental

2022 Converse Duplex $3,400/mo Rental Income | $375K

8635 Key Windy Way, Converse

Purchase Price:$375,000

Cash Outlay:$101,250

Cashflow:$160/mo

Cap Rate:6.35%

IRR:11.75%

Long Term Rental

Garland PadSplit Producing $4,500-$5,000/mo | $389K

101 S Bernice Dr, Garland

Purchase Price:$389,000

Cash Outlay:$105,030

Long Term Rental

Houston Fourplex $65K Below Appraisal | $429,900

5209 Plum Dr, Houston

Purchase Price:$430,000

Cash Outlay:$116,100

Cashflow:$1,130/mo

Cap Rate:8.99%

IRR:16.85%