1301 Wood Avenue #A B
Waco, Texas 76706
2
Bed
2
Bath
0.19Acre(Lot)
Prime investment opportunity within walking distance of Baylor University! This updated duplex features two separate 2-bedroom, 2-bath units for a total of 4 bedrooms and 4 full bathrooms. Currently leased for a combined $3,600 per month, the property offers immediate rental income along with plenty of flexibility for the next owner. Both units feature bright, open living spaces, updated kitchens and bathrooms, in-unit laundry, and thoughtfully designed layouts that feel more like home than your typical student rental. Outside, you'll find a large fenced backyard, ample parking, alley access, and an upstairs balcony. With eligibility for both short-term and long-term rentals, there are multiple ways to make this property work for you. Continue leasing both units, utilize one or both
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 2Bathroom Information
Total Baths: 2 Full Baths: 2 -
Interior Features
Cable TV Available,High Speed Internet Available,Kitchen Island,Open Floorplan,PantryAppliances
Dishwasher,Disposal,Dryer,Microwave,Refrigerator,WasherUtilities
City Sewer,City Water,Electricity Connected -
Cooling Features
Central Air,Electric,OtherHeating Source
Central,Electric,OtherFireplace
Number of Fireplaces: 0
-
Building Information
Built Year: 2000 Building Area Total: 2,136 Construction: Brick,Siding Roof Type: Composition -
Foundation
Slab -
Construction Materials
Brick,Siding
-
Lot Information
Lot Size (Acr): 0.1890 Lot Size Units: Acres Lot Size Square Feet: 8,233 -
Property Information
Property Type: Residential Income Property Sub Type: Duplex Subdivision: Kyger City: Waco State: Texas Directions: From I-35, take the University Parks Dr exit. Head west on University Parks Dr, turn left on S 12th St, then right on Wood Ave. Property will be on the right. Property Status: Active Levels: Two Property Age: 26 Year Built Details: Preowned
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Listing Price Information
Original List Price: $569,900 -
Listing Information
Possession: Closing/Funding
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Tax Information
Parcel Number: 480262000030000 Tax Block: 3 Tax Legal Description: KYGER LOT 10 BLOCK 3 ACRES .1849 Tax Lot: 10 Unexempt Taxes: $7,490
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Parking Information
Carport Spaces: 0 Parking: 4 Parking Features: Assigned,Concrete,Parking Lot -
Homeowners Association Information
HOA Type: None
-
School Information
Elementary School: South Waco Middle School: Cesar Chavez High School: University School District: Waco ISD -
Utility Information
Utilities: City Sewer,City Water,Electricity Connected
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1218 Wood Avenue, Waco, TX, 76706 | $850,000 | 4 | 4 | -- | 0.20 Acre |
| 1220 Wood Avenue, Waco, TX, 76706 | $850,000 | 4 | 4 | -- | 0.20 Acre |
| 1312 Wood Avenue #A,B,C,D, Waco, TX, 76706 | $1,275,000 | -- | -- | -- | 0.30 Acre |
| 1309 Wood Avenue, Waco, TX, 76706 | $799,900 | 8 | 4 | -- | 0.19 Acre |
| 1916 S 15th Street #A B, Waco, TX, 76706 | $575,000 | 8 | 8 | 3,506 | 0.19 Acre |
| 1301 James Avenue, Waco, TX, 76706 | $850,000 | 4 | 4 | -- | 0.19 Acre |
| 1303 James Avenue, Waco, TX, 76706 | $850,000 | 4 | 4 | -- | 0.19 Acre |
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ByOwner last updated this listing 10/03/2026 @ 09:01
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