Waco Fully Occupied LTR Duplex $350k

1716 N 12th St, Waco

ROI

18.69% IRR

Strategy

Long Term Rental

Newly built all brick duplex with both leases starting in October 2025 at $1600 and $1750. Each side offers a three bed two bath layout with stainless appliances and parking for four vehicles. Located near Downtown Waco, Cameron Park, the zoo, the Magnolia Silos, and Baylor University. Strong rental demand area with immediate income in place. Taxes $7400.

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Waco Fully Occupied LTR Duplex $350k

Listed 10/20/2025

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1716 N 12th St, Waco

Purchase Price:$350,000

Cash Outlay:$94,500

Cashflow:$471/mo

Cap Rate:7.60%

IRR:18.69%

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