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1301 Wood Ave A & B

Waco, TX 76706
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2 Bedroom(s)
2 Full Bath(s)
0.19 Lot Acres
Multi-Family - Duplex

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Description

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 as short-term rentals, or purchase for your Baylor student to live in one side while generating income from the other. The property can also be sold partially furnished for an even easier transition. Updated, income-producing, STR eligible, and conveniently located near Baylor, this duplex is ready for its next investor. Schedule your private showing today!

MLS#
NTREIS-21393402
List Price
$569,900
Listing Status
For Sale
Address
1301 Wood Ave A & B
Unit No.
A & B
City
Waco
State
TX
Zip Code
76706
County
McLennan County
Subdivision
Kyger
Legal Description
KYGER LOT 10 BLOCK 3 ACRES .1849
Property Type
Multi-Family - Duplex
Bedroom
2 Bedroom(s)
Bath
2 Full Bath(s)
Stories
2
Year Built
2000 /Appraisal District
Lot Size
0.19 Lot Acres/Appraisal District

Exterior

Roof
Composition
Foundation
Slab
Private Pool
No
Exterior Type
Brick, Siding
Parking
Assigned, Concrete, Parking Lot
Utility
City Sewer,City Water,Electricity Connected

Interior

Floors
Luxury Vinyl Plank, Tile
Cooling
Central Air, Electric, Other
Heating
Central, Electric, Other
Appliances
Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
Interior
Cable TV Available, High Speed Internet Available, Kitchen Island, Open Floorplan, Pantry

Lot Information

Lot Size
0.19 Lot Acres /Appraisal District
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Disclaimer: Lot configuration and dimensions are estimates, not based on personal knowledge and come from a third party (Digital Map Products); therefore, you should not rely on the estimates and perform independent confirmation as to their accuracy
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Information source

North Texas Real Estate Information Systems, Inc.
Source last updated Sep 24, 2026 at 01:57 AM
Listing last updated Sep 22, 2026 at 10:17 PM
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Presented by TimeValue Software ©2021
Principal & InterestTaxes30.4%69.6%
Listing TaxNumbers
Principal & Interest2,841
Taxes1,242
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Notice & Disclaimer
School information is computer generated and may not be accurate or current. Buyer must independently verify and confirm enrollment. Please contact the school district to determine the schools to which this property is zoned.
Copyright© 2026 , HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved. Data Not Verified/Guaranteed by MLS
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