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
