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$259,900

Est. payment - /mo

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1,658 SqFt

Active

1501 S 29th Street Waco, TX 76711

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James Biedenharn

james@getsoldtexas.com +1(817) 870-8860

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multiple Single Units

Listing Status Active

Purchase Type For Sale

Square Footage 1,658 sqft

Subdivision Wheeler

MLS Listing ID 21172996

HOA Y/N None

Total Fin. Sqft 1658

Year Built 1985

Lot Size 7,492 Sqft

Acres 0.172

Property Sub-Type Multiple Single Units

Property Description

Located at 1501 South 29th Street, Units A & B in Waco, Texas, this two-unit duplex presents a compelling investment opportunity with upside in rental income. Each unit offers approximately 829 SF, making the property well-suited for long-term tenants or potential repositioning.

The property has seen significant recent capital improvements, greatly reducing near-term maintenance concerns. Updates include foundation work completed in 2025, new HVAC systems, new water heaters, and updated flooring. Most recently, in April 2026, both the roof and gutters were replaced. The most recent rented unit was rented out for $1,300 per month — providing immediate income with built-in upside.

Zoned C-2: Commercial (Beverly Hills), the property offers additional flexibility for future use or redevelopment. Its location near a heavy retail corridor and adjacent to South Waco Park enhances tenant appeal and long-term value.

Financials are available upon request. Offered at an asking price of $259,900, with 2025 taxes of $2,567.58, this property represents an attractive option for investors seeking a stabilized asset with value-add potential in a growing Waco submarket.

Location

State TX

County Mclennan

Direction Heading East on Valley Mills Dr., turn Left onto Park Ave. Turn Right onto S 29th St. Property will be on your right.

Interior

Interior Features Cable TV Available, High Speed Internet Available, Open Floorplan

Heating Central, Natural Gas

Cooling Ceiling Fan(s), Central Air, Electric

Flooring Laminate

Appliance Disposal, Electric Water Heater, Gas Range, Refrigerator

Heat Source Central, Natural Gas

Exterior

Utilities Available Cable Available, City Sewer, City Water, Electricity Connected, Individual Water Meter

Roof Type Composition

Garage No

Building

Story One

Foundation Slab

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Bell'S Hill

Middle Schools Cesar Chavez

High Schools University

School District Waco Isd

Others

Virtual Tour https://www.propertypanorama.com/instaview/ntreis/21172996

North Texas Real Estate Info Systems (NTREIS) -MetroTex and Collin County (CCAR)

Listed by Brad Harrell • Keller Williams Realty, Waco

1501 S 29th Street Waco, TX 76711

James Biedenharn

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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1501 S 29th Street