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Property view

1501 S 29th Street, 
Waco, TX 76711

$249,900

Last List Price

Bed


Bath


1,658

Sq Ft


Multi-Family

Sold

Listed by

Brad Harrell

Bought with EG Realty

Keller Williams Realty, Waco

MLS#

21172996

Source:

GDAR

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About This Home

1501 S 29th Street

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.

Home Facts

Multi-Family

Built in 1985

Subdivision & Development:

Wheeler

Price Summary

249,900

$150 per Sq. Ft.

MLS #:

21172996

Sold:

August 10, 2026


Rooms & Interior

Interior

Living Area:

1,658 Sq. Ft.


Structure

Structure

Building Area:

1,658 Sq. Ft.

Year Built:

1985


Lot

Lot Size (Sq. Ft):

7,492


Finances & Disclosures

Finances

Price:

$249,900

Price per Sq. Ft:

$150 per Sq. Ft.

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Information provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 20, 2026 Listings with the NTREIS logo are listed by brokerages other than Coldwell Banker Benton Realtors.