$249,900
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1501 S 29th ST Waco, TX 76711
1,658 SqFt
Key Details
Property Type Single Family Home
Listing Status Sold
Purchase Type For Sale
Square Footage 1,658 sqft
Price per Sqft $150
Subdivision Wheeler
MLS Listing ID 21172996
Sold Date 08/10/26
HOA Y/N No
Year Built 1985
Lot Size 7,492 Sqft
Acres 0.172
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 High Speed Internet, Open Floorplan, Cable TV
Heating Central, Natural Gas
Cooling Central Air, Ceiling Fan(s), Electric
Flooring Laminate
Fireplace No
Appliance Electric Water Heater, Disposal, Gas Range, Refrigerator
Exterior
Parking Features Driveway
Pool None
Utilities Available Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available
Water Access Desc Public
Roof Type Composition
Total Parking Spaces 4
Private Pool No
Building
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Schools
Elementary Schools Bell'S Hill
Middle Schools Cesar Chavez
High Schools University
School District Waco Isd
Others
Senior Community No
Tax ID 197218
Financing Cash
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