$500,000
SOLD MAR 31, 2025
Last list price
-- Bed
-- Bath
3,360 Sq Ft
6,273 Sq Ft Lot

Recently Sold

$149 Per Sq Ft

5 Days on Market

Highlights

  • Covered Patio or Porch
  • Central Heating and Cooling System
  • 2-minute walk to Council Acres Park

About This Home

As of March 2025

Parent/Investor Property! Introducing an investment prospect just a stone's throw away from Baylor Campus! This red-brick two-story duplex is tailor-made for parents seeking a comfortable living arrangement for their college-bound children and/or investors aiming to expand their portfolio. Boasting two expansive units, each featuring 4 bedrooms and 4 baths, this property provides abundant space for both privacy and relaxation. Generating $2,100 per month for one unit, and $2,200 for the other resulting in a total monthly income of $4,300. One unit is pre-leased for 25/26 school year leaving one unit currently available for the fall semester. Positioned on 14th street within the bubble, it offers convenience and is situated just a short walk, less than 3/4th a mile, from the Baylor Campus. Whether you're seeking a convenient college living situation or a real estate investment, this property perfectly aligns location, potential, and space. Don't miss out on this chance to own a piece of the Baylor bubble.

Last Agent to Sell the Property

David A. Harris

Campus, REALTORS License #0531503 Listed on: 02/27/2025

Last Buyer's Agent

Mick Murray

Bentwood Realty License #0807221

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,421

Year Built

  • Built in 1999

Home Design

  • Duplex
  • Frame Construction
  • Composition Roof
  • Stone Veneer

Interior Spaces

  • 2-Story Property

Kitchen

  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Parking

  • Paved Parking
  • Parking Lot

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • 3,360 Sq Ft Building
  • Baylor Subdivision

Listing and Financial Details

  • Tenant pays for electricity, sewer, trash collection, water
  • Legal Lot and Block 6 / 22
  • Assessor Parcel Number 162816

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,421

Year Built

Built in 1999

Lot Details

0

Listing Details

  • OWNERNAME: LAB LAND LLC
  • Property Type: Residential Income
  • Property Sub Type: Duplex
  • Unit Levels: Two
  • Co List Office Mls Id: CAMPRE01
  • Special Features: VirtualTour

Interior Features

  • Fireplace Features: None
  • Interior Amenities: Cable TV
  • Appliances: Dryer, Dishwasher, Disposal, Refrigerator, Washer

Exterior Features

  • Roof: Composition
  • Construction Materials: Frame, Stone Veneer
  • Exterior Features: Rain Gutters
  • Waterfront: No
  • Patio And Porch Features: Patio, Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Paved, Parking Lot
  • OpenParkingYN: Yes

Utilities

  • Heating: Central, Electric
  • Utilities: Sewer Available, Cable Available
  • Heating Yn: Yes

Schools

  • Junior High Dist: Waco ISD

Lot Info

  • Parcel Number: 162816
  • Zoning Description: R-2

Rental Info

  • Lease Term: 12 Months
  • Tenant Pays: Electricity, Sewer, Trash Collection, Water

Building Info

  • Year Built: 1999
  • Units Total: 2

Tax Info

  • TaxBlock: 22
  • Tax Lot: 6
  • Tax Annual Amount: 7421.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2025
Closed on
Mar 31, 2025
Sold by
Lab Land Llc
Bought by
Ravichandran Aurobind and Nagarajan Inthumathi
Seller's Agent
David A. Harris
Campus, REALTORS
Buyer's Agent
Mick Murray
Bentwood Realty
List Price
$500,000
Current Estimated Value
$524,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,500
Outstanding Balance
$350,712
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$174,265

Purchase Details

Closed on
Apr 12, 2018
Sold by
Bock Louis
Bought by
Lab Land Llc

Purchase Details

Closed on
Apr 29, 2014
Sold by
Ryark Llc
Bought by
Bock Louis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
4.36%
Mortgage Type
Commercial
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Special Warranty Deed -- None Available
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $353,500 New Conventional
Previous Owner $158,000 No Value Available
Previous Owner $192,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2025 03/31/25 Sold -- -- --
03/04/2025 03/04/25 Pending -- -- --
02/27/2025 02/27/25 For Sale $500,000 -- $149 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $7,421 $329,000 $85,940 $243,060
2023 $7,376 $329,000 $85,940 $243,060
2022 $8,282 $329,000 $85,940 $243,060
2021 $6,780 $255,000 $78,130 $176,870
2020 $6,779 $250,000 $78,130 $171,870
2019 $7,033 $250,000 $78,130 $171,870
2018 $5,271 $185,480 $78,130 $107,350
2017 $7,126 $250,000 $37,500 $212,500
2016 $6,014 $211,000 $37,500 $173,500
2015 $6,755 $240,010 $37,500 $202,510
2014 $6,755 $240,020 $40,630 $199,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 228535

North Texas Real Estate Information Systems (NTREIS)

APN: 48-002900-026600-2