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$259,900
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Property Description
Located at 1501 South 29th Street, Units A & B in Waco, Texas, this two-unit duplex presents a compelling investment opportunity with upside in rental income. Each unit offers approximately 829 SF, making the property well-suited for long-term tenants or potential repositioning. The property has seen recent capital improvements, including foundation work, new HVAC systems, new water heaters, and updated flooring, reducing near-term maintenance concerns. One unit is currently rented at $1,100 per month, with market rent projected at $1,300 per month, providing immediate income with built-in upside. Due to recent foundation work, the vacant space has just been offered for lease. Zoned C-2: Commercial (Beverly Hills), the property offers additional flexibility for future use or redevelopment. Its location near a heavy retail corridor and adjacent to South Waco Park enhances tenant appeal and long-term value. Financials are available upon request. Offered at an asking price of $259,900, with 2025 taxes of $2,567.58, this property represents an attractive option for investors seeking a stabilized asset with value-add potential in a growing Waco submarket.
Full Property Details
Full Property Details for 1501 S 29th St
General
- Price: $259,900
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21172996
- Updated: 2/6/2026
- Added to Site: 21 day(s) ago
Interior
- Interior Features: High Speed Internet, Open Floorplan, Cable TV
- Appliances: Electric Water Heater, Disposal, Gas Range, Refrigerator
- Flooring: Laminate
Parking
- Total Spaces: 4
- Parking Features: Driveway
Location
- County: McLennan
- Subdivision: Wheeler
- Driving Directions: Heading East on Valley Mills Dr., turn Left onto Park Ave. Turn Right onto S 29th St. Property will be on your right.
School Information
- Elem School District: Waco ISD
- Midd School District: Waco ISD
- High School District: Waco ISD
- Elementary School: Bell's Hill
- Middle School: Cesar Chavez
- High School: University
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Electricity Connected, Sewer Available, Separate Meters, Water Available, Cable Available
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Construction: Brick
- Roof: Composition
- Stories/Levels: 1
- Square Feet: 1,658
- Sq. Ft. Source: Public Records
- Living Area: 1,658 Sq. Ft.
- Year Built: 1985
Lot Features
- Lot Size (Acres): 0.172
- Lot Size (Sq. Ft.): 7,492.32
Disclosures and Reports
- Property ID: 197218
Listed by Keller Williams Realty, Waco, Brad Harrell
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Schools
Schools serving 1501 S 29th St
School District:Waco Independent School District
| Name | Grades | Distance |
|---|---|---|
Bell's Hill Elementary School 2100 Ross Avenue, Waco, TX 76706 | PK-5 | 0.8 mi |
Cesar Chavez Middle School, Waco, TX 700 South 15th Street, Waco, TX 76706 | 6-8 | 1.2 mi |
University High School 3201 South New Road, Waco, TX 76706 | 9-12 | 1.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1501 S 29th St
Date
Details
Price
Change
Source
2/06/2026
Listed
$259,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1501 S 29th St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$2,530
-4%
$131,920
2%
2023
$2,641
—
$129,650
-4%
2022
$2,641
-6%
$135,230
8%
2022
$2,817
27%
$125,610
30%
2021
$2,221
11%
$96,360
13%
2020
$2,006
2%
$85,150
4%
2019
$1,974
2%
$82,150
7%
2018
$1,935
19%
$76,730
20%
2017
$1,629
6%
$63,750
7%
2016
$1,531
1%
$59,710
1%
2015
$1,521
-3%
$59,060
-5%
2013
$1,572
—
$62,360
-3%
2013
$1,572
—
$64,270
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1501 S 29th St
1501 S 29th Street, Waco, TX 76711 (MLS# 21172996) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1501 S 29th Street is currently listed for $259,900 and was received on February 06, 2026. Want to learn more about 1501 S 29th Street? Do you have questions about finding other Duplex real estate for sale in Waco? You can browse all Waco real estate or contact a Coldwell Banker agent to request more information.
