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925 N 32nd Street

Waco, TX 76707
  • $4,900,000
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 20939298
UPDATED: 35 min ago
$4,900,000
  • 78
    BEDS
  • 4.37
    ACRES
  • 25
    BATHS
  • 3
    1/2 BATHS
  • 1,126
    SQFT
  • $4,352
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1973
County:
Area:

School Information

Elementary School:
High School:
School District:
Offered by Kevin Vander Woude of The Vander Woude Group: .

Description

Presenting a rare opportunity to acquire a high-performing portfolio of 25 single-family rental homes located in some of the most desirable and rapidly growing communities in Central Texas. This stabilized portfolio boasts limited to no vacancies, strong in-place cash flows, and a solid cap rate, offering immediate income with long-term appreciation potential. Most of the homes have received recent upgrades and renovations, minimizing capital expenditure for the next owner. The properties are strategically positioned in high-demand neighborhoods with strong school districts, robust employment centers, and convenient access to major highways and urban hubs. With Central Texas on track to double its population by 2040, this portfolio is ideally situated to benefit from sustained rental demand, economic growth, and increasing property values. This offering is ideal for investors seeking a scalable, income-generating asset in a dynamic and appreciating market. Investment Highlights: 25 stabilized single-family homes, High occupancy with reliable rental income, Strong cap rate with upside potential, Recent upgrades and well-maintained properties, Located in top-tier Central Texas submarkets with high projected growth, Minimal deferred maintenance, and Low operational overhead.

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© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than A.G. Real Estate & Associates are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-06-22T16:45:12.76.
www.thewacohomefinder.com/homes/163981947
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925 N 32nd Street Waco, TX 76707

  • Price: $4,900,000
  • Status: Active
  • On Site: 33 Days
  • Updated: 35 min ago
  • MLS #: 20939298
78
Beds
25
Baths
3
½ Baths
4.37
Acres
1,126
SQFT
$4,352
$/SQFT
1973
Built
Neighborhood:
Huaco Hts
County:
Mclennan
Area:
Waco
Elementary School:
Waco
High School:
Waco
School District:
Waco Isd
Property Description
Presenting a rare opportunity to acquire a high-performing portfolio of 25 single-family rental homes located in some of the most desirable and rapidly growing communities in Central Texas. This stabilized portfolio boasts limited to no vacancies, strong in-place cash flows, and a solid cap rate, offering immediate income with long-term appreciation potential. Most of the homes have received recent upgrades and renovations, minimizing capital expenditure for the next owner. The properties are strategically positioned in high-demand neighborhoods with strong school districts, robust employment centers, and convenient access to major highways and urban hubs. With Central Texas on track to double its population by 2040, this portfolio is ideally situated to benefit from sustained rental demand, economic growth, and increasing property values. This offering is ideal for investors seeking a scalable, income-generating asset in a dynamic and appreciating market. Investment Highlights: 25 stabilized single-family homes, High occupancy with reliable rental income, Strong cap rate with upside potential, Recent upgrades and well-maintained properties, Located in top-tier Central Texas submarkets with high projected growth, Minimal deferred maintenance, and Low operational overhead.
Exterior Features

Construction Brick Foundation Pillar/Post/PierSlab Parking Or Garage DrivewayOther Parking Spaces 1 Pool On Property No Roof Other

Interior Features

Appliances Other Cooling Other Flooring Hardwood Handicap YN No Heating Other Interior Features Other

Property Features

Building Area Source Other Building Area Total 1126.00 Complex Name BROOKVIEW 1 Construction Status Preowned Gross Annual Expenses 174651.35 Gross Annual Income 487980.00 HOA None Insurance Expense 33182 Levels Multi/Split Listing Terms CashConventional Municipal Utility District No Net Operation Income 313328 Operating Expense Includes InsuranceMaintenanceProfessional Management Possession Subject to Lease Property Type Multiple Single Units Utilities Other Will Subdivide No

North Texas Real Estate Information Systems MLS logo Listing information © 2025 North Texas Real Estate Information System.


© 2025 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or A.G. Real Estate & Associates. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than A.G. Real Estate & Associates are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2025-06-22T16:45:12.76.
 
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A.G. Real Estate & Associates
15190 Badger Ranch Unit 103
Waco TX, 76712
Offered by Kevin Vander Woude of The Vander Woude Group: .