3516 S 4th ST Pending Save Request In-Person Tour Request Virtual Tour
Waco,TX 76706
Key Details
Property Type Vacant Land
Sub Type Residential
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 225519
HOA Y/N No
Annual Tax Amount $1,333
Tax Year 2024
Lot Size 0.350 Acres
Acres 0.35
Property Description
Prime opportunity for investors and savvy Baylor parents! Vacant lot in the Baylor bubble, surrounded by student housing. Included with the sale are professional renderings and floor plans for a 4-bedroom, 4.5-bathroom home, designed for student living and generating passive income. City of Waco zoning allows for an( ADU) accessory dwelling unit to be added to the property, providing an additional revenue stream. Current market rents for similar four-bedroom homes in the area up to $800 per bedroom, with the ADU expected to bring in an additional $1,000 to $1,300 per month. Maximize your rental income or offset your students living expenses while building equity, with this ideal location, just minutes from Baylor University!
Location
State TX
County Mclennan
Community Curbs,Gutter(S),Near Schools
Interior
Fireplace No
Exterior
Fence None
Community Features Curbs,Gutter(s),Near Schools
Utilities Available Electricity Available,Water Available,Sewer Available
Waterfront No
Waterfront Description None
Water Access Desc Public
Building
Lot Description Flood Zone
Sewer Public Sewer
Water Public
Additional Building Second Residence
Schools
Elementary Schools South Waco
School District Waco Isd
Others
Tax ID 370690
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional