$499,000

1507 McFerrin Ave Unit 9 Waco, TX 76708

North Waco Neighborhood

Estimated payment $2,958/month

8 Beds
8 Baths
3,848 Sq Ft
$130 Price per Sq Ft

Highlights

  • 0.41 Acre Lot
  • Covered Patio or Porch
  • Tile Flooring
  • 4 Fireplaces
  • Tile Countertops
  • 1-Story Property

About This Home

Well built and pre-leased set of 2 duplexes (4 units total) each featuring 2 bedrooms, 1 full bath, 1 half bath, in-unit laundry hook ups and wood burning fireplaces. Located within walking distance to Cameron Park, the paved parking lot provides easy access to the 2 twin duplexes.

Listing Agent

Katie Snapp

Camille Johnson License #0691565 Listed on: 02/27/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,737

Year Built

  • Built in 1984

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1-Story Property
  • 4 Fireplaces
  • Wood Burning Fireplace

Kitchen

  • Electric Range
  • Dishwasher
  • Tile Countertops

Flooring

  • Tile
  • Luxury Vinyl Plank Tile

Bedrooms and Bathrooms

  • 8 Bedrooms

Parking

  • Paved Parking
  • Parking Lot

Schools

  • Jh Hines Elementary School
  • Gw Carver Middle School
  • Waco High School

Additional Features

  • Covered Patio or Porch
  • 0.41 Acre Lot
  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 15 / 2
  • Assessor Parcel Number 480329000020016

Community Details

Overview

  • 2 Buildings
  • 4 Units
  • 3,848 Sq Ft Building
  • Parkview Subdivision

Building Details

  • Gross Income $43,000
  • Net Operating Income $38,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,737

Year Built

Built in 1984

Lot Details

0.41 Acres

Listing Details

  • OWNERNAME: JSLV Investments, LLC
  • Property Type: Residential Income
  • Property Sub Type: Quadruplex
  • Unit Levels: One
  • Year Built Details: Preowned
  • CapRate: 6.7
  • Co List Office Mls Id: A8295517
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48309:480329000020016
  • Special Features: VirtualTour
  • Year Built: 1984

Interior Features

  • Fireplace Features: Wood Burning
  • Interior Amenities: Tile Counters
  • Flooring: Luxury Vinyl Plank, Tile
  • Appliances: Dishwasher, Electric Range, Refrigerator
  • Fireplaces: 4

Beds/Baths

  • Full Bathrooms: 4
  • Half Bathrooms: 4
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Slab
  • Roof: Composition
  • Construction Materials: Brick
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Covered

Garage/Parking

  • Cooling System: Central Air
  • Parking Features: Paved, Parking Lot

Utilities

  • Sewer: Public Sewer
  • Heating: Central
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: JH Hines
  • High School: Waco
  • Junior High Dist: Waco ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.413
  • Parcel Number: 480329000020016
  • Lot Size Acres: 0.413
  • Lot Size Sq Ft: 17990.28

Building Info

  • Year Built: 1984
  • Units Total: 4

Multi Family

  • Insurance Expense: 9546.0
  • Annual Gross Income: 43000.0
  • Property Net Operating Income: 33454.0

Tax Info

  • TaxBlock: 2
  • Tax Lot: 15
  • Tax Annual Amount: 4737.0

MLS Schools

  • MiddleOrJuniorSchool: GW Carver

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2026 02/27/26 For Sale $499,000 -- $130 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

About the Listing Agent

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Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21191832

North Texas Real Estate Information Systems (NTREIS)

APN: 48-032900-002001-6

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