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L3 Property Group

l3office@luxlandlifestyle.com +1(817) 556-1153

$ 450,000

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1621 Alexander AVE Waco, TX 76708

2,082 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,082 sqft

Price per Sqft $216

Subdivision Farwell Heights

MLS Listing ID 21381866

Construction Status Resale

HOA Y/N No

Year Built 2022

Annual Tax Amount $6,593

Lot Size 8,232 Sqft

Acres 0.189

Property Sub-Type Duplex

Property Description

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.

Location

State TX

County Mclennan

Direction GPS

Interior

Interior Features Granite Counters, High Speed Internet

Heating Central, Electric

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Concrete

Fireplace No

Appliance Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer

Exterior

Parking Features Assigned, Paved

Pool None

Utilities Available Sewer Available, Water Available

Water Access Desc Public

Roof Type Composition

Total Parking Spaces 2

Private Pool No

Building

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Construction Status Resale

Schools

Elementary Schools Cedar Ridge

Middle Schools Gw Carver

High Schools Waco

School District Waco Isd

Others

Tax ID 480176000593010

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L3 Property Group

+1(817) 556-1153

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L3 Property Group

1621 Alexander AVE Waco, TX 76708

Key Details

Location

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Exterior

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1621 Alexander AVE