1621 Alexander Ave, Waco, TX 76708

$450,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$450,000
Status
ACTIVE
MLS#
21381866
Subtype
ResidentialIncome
Construction Status
Preowned
Year Built
2022
Lot Size
8,232
Acres
0.19
Subdivision
Farwell Heights

Property Description

This well-maintained duplex offers an excellent investment opportunity with two furnished units, each featuring a spacious 3-bedroom, 2-bathroom layout and over 1,000 square feet of living space. Both units are only a few years old and have been cared for through regular maintenance. Each unit comes fully furnished, including all beds and essential appliances such as the refrigerator, washer, and dryer—making this property a convenient, move-in-ready investment for tenants. Both sides are currently leased, with monthly rents of $2,380 and $2,450, generating a combined rental income of $4,830 per month or $57,960 annually. With desirable layouts, modern construction, full furnishings, and established rental income, this duplex offers strong cash-flow potential and an attractive opportunity for investors seeking a turnkey property.

Additional Information

Interior Features
Granite Counters, High Speed Internet
Taxes
$6,593
Flooring
Concrete
Appliances
Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Heating
Central, Electric
Air Conditioning
Central Air, Ceiling Fan(s), Electric
Stories
1
Levels
One
Roof
Composition
Foundation
Slab
Parking Features
Assigned, Paved
School District
Waco Isd
Elementary School
Cedar Ridge
Middle School
Gw Carver
High School
Waco

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Jordan Alders from Coldwell Banker Apex, REALTORS. Contact:

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

Last updated: