2125 Live Oak
Property Specs
Asking Price: $159,999
Built in 1941 and remodeled in 2022, this 2-bedroom, 1-bath, 920-square-foot fully remodeled property is located in the heart of Waco’s fastest-revitalizing neighborhood.
This property appears to meet the zoning qualifications to be eligible for short-term rental licensing (e.g. Airbnb). Additionally, this property would make a great long-term rental with rising rent rates in this neighborhood.
- 12 minutes to Baylor University
- 10 minutes to Magnolia Market
- 6 minutes to Cameron Park Zoo
Financials
Sales Price: $159,999
Contact an agent for your exclusive sales price and customized report.
Long-Term Rental:
- Estimated Monthly Cashflow: $372/mo
- Estimated Cap Rate: 8.5%
- Estimated COC ROI: 10%
- Assumptions: Renting At: $1450/mo, APR: 6.5%, Down Payment: 25% Property Management Cost: 10%
Information deemed reliable but not guaranteed. Real estate investing is speculative in nature. MRER, LLC urges you to discuss all real estate-related decisions with an attorney and accountant.
Renovations Completed
Sales Price: $159,999
Work Completed on This Property Includes:
- Foundation Leveling with Transferable Warranty
- New HVAC System
- New Windows Throughout
- Exterior Painting
- Interior Skim Coat, Texture, and Painting
- Kitchen Remodel
- Bathroom Remodel
- Electrical Updates Throughout
- Landscaping
Whether you’re looking to make your first investment or expand a robust portfolio, we are here to help you achieve your goals with precision and insight. Get in touch with us today to start exploring Texas real estate opportunities designed to elevate your investment strategy and build lasting wealth.
