1621 Alexander Avenue, Waco, TX 76708

Waco
Local realty services provided by:ERA Newlin & Company
1621 Alexander Avenue,Waco, TX 76708
$450,000
Virtual Tour
  • - Beds
  • - Baths
  • 2,082 sq. ft.
  • Multi-family
  • Active
Listed by: jordan alders
Office: coldwell banker apex, realtors
MLS#:21381866
Source:GDAR

Price summary

  • Price:$450,000
  • Price per sq. ft.:$216.14

About this home

This well-maintained duplex offers an excellent investment opportunity with two furnished units, each featuring a spacious 3-bedroom, 2-bathroom layout and over 1,000 square feet of living space. Both units are only a few years old and have been cared for through regular maintenance. Each unit comes fully furnished, including all beds and essential appliances such as the refrigerator, washer, and dryer—making this property a convenient, move-in-ready investment for tenants. Both sides are currently leased, with monthly rents of $2,380 and $2,450, generating a combined rental income of $4,830 per month or $57,960 annually. With desirable layouts, modern construction, full furnishings, and established rental income, this duplex offers strong cash-flow potential and an attractive opportunity for investors seeking a turnkey property.

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Home facts

  • Year built:2022
  • Subdivision & Development:Farwell Heights
  • Listing ID #:21381866
  • Added:7 day(s) ago
  • Updated:September 17, 2026 at 11:55 AM

Rooms and interior

  • Flooring:Concrete
  • Kitchen Description:Electric Range, Ice Maker, Microwave, Refrigerator
  • Living area:2,082 sq. ft.

Heating and cooling

  • Cooling:Ceiling Fans, Central Air, Electric
  • Heating:Central, Electric
  • Central air:Yes

Structure and exterior

  • Roof:Composition
  • Year built:2022
  • Building area:2,082 sq. ft.
  • Lot area:0.19 Acres
  • Construction Materials:Brick, Frame, Stone
  • Foundation Description:Slab
  • Levels:1 Story

Schools

  • High school:Waco
  • Middle school:GW Carver
  • Elementary school:Cedar Ridge

Finances and disclosures

  • Price:$450,000
  • Price per sq. ft.:$216.14
  • Tax amount:$6,593

Features and amenities

  • Appliances:Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
  • Laundry features:Dryer, Washer

Parking

  • Total parking spaces:2
MLS LogoInformation provided, in part, by North Texas Real Estate Information Systems, Inc. Last Updated September 17, 2026 Listings with the NTREIS logo are listed by brokerages other than ERA Newlin & Company.

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