For sale about 2 months ago

$65,000

rooms 1 ba 0 sqft

7636 S. 3rd St. Rd., Waco, TX 76706

Multiple

Current Rent

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

2 Lots in 1

This property is a wonderful balance of open space and mature trees. There are TWO pad sites ready to build on or place mobile homes on with gravel lanes leading to both. Located less than 10 minutes from Baylor University.

It is an excellent buy-and-hold opportunity that could get rents of up to $3500 or more once properties are put in place! This lot is ready to bring you multiple income producing properties!

Zoned "R" meaning it can be a Single Family Residence, Multiple Family Residences, or Short-Term Rentals. No restrictions, HOA, or flood insurance needed.

Location:

7636 S. 3rd St. Rd., Waco, TX 76706

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*The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.