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$340,000
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Property Description
Fully leased Waco duplex offering immediate rental income and a turnkey investment opportunity. Both units are currently leased for 12 months at $1,250 per month each, providing $2,500 in combined monthly rent and $30,000 in annual gross rental income. New Construction investment property features two 2-bedroom, 1.5-bath units, each with a functional two-story floor plan. The main level offers an open-concept kitchen and living area, half bath, and laundry closet. Upstairs you'll find both bedrooms and a Jack-and-Jill style full bathroom. Modern finishes include butcher block countertops, black fixtures, updated cabinetry, vinyl flooring downstairs, and carpet upstairs. Each unit also offers its own private entrance and separate driveway for added convenience. With tenants already in place, this income-producing duplex offers an investor the opportunity to acquire a newer, low-maintenance rental property with established income from day one. Conveniently located with access to downtown Waco, I-35, Baylor University, McLennan Community College (MCC), and Texas State Technical College (TSTC).
Full Property Details
Full Property Details for 1623 Seley Ave
General
- Price: $340,000
- Taxes: $3,373
- Status: Active
- Type: Duplex
- Source: NTREIS
- MLS ID: 21263796
- Updated: 9/3/2026
- Added to Site: 116 day(s) ago
Interior
- Interior Features: Kitchen Island
- Appliances: Electric Range, Electric Water Heater, Microwave
- Flooring: Carpet, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 4
Parking
- Total Spaces: 2
- Parking Features: Concrete
Location
- County: McLennan
- Subdivision: Faulkner
- Driving Directions: GPS friendly
School Information
- Elem School District: La Vega ISD
- Midd School District: La Vega ISD
- High School District: La Vega ISD
- Elementary School: La Vega
- Middle School: La Vega
- High School: La Vega
Heating & Cooling
- Cooling Type: Ceiling Fan(s)
- Heating Type: Electric
Structural Information
- # Buildings: 1
- Detached/Attached: Detached
- Roof: Asphalt
- Stories/Levels: 2
- Square Feet: 1,596
- Sq. Ft. Source: Public Records
- Year Built: 2023
- Property Condition: New Construction
Lot Features
- Lot Size (Acres): 0.169
- Lot Size (Sq. Ft.): 7,361.64
Financial Considerations
- Tax Amount: $3,373
Disclosures and Reports
- Legal Description: FAULKNER LOT 1 BLOCK 1 ACRES .169
- Property ID: 280177050001007
- Block: 1
- Lot Number: 1
Listed by Greater Waco Realty, LLC, Robert Barnes
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Schools
Schools serving 1623 Seley Ave
School District:La Vega Independent School District
| Name | Grades | Distance |
|---|---|---|
La Vega Elementary School 3100 Wheeler Street, Waco, TX 76705 | 1-3 | 1.1 mi |
La Vega Int H P Miles Campus 4201 Williams Road, Waco, TX 76705 | 4-6 | 2.2 mi |
La Vega Primary Phil Bancale Campus 4400 Harrison Street, Waco, TX 76705 | PK-K | 2.3 mi |
La Vega J H George Dixon Campus 4401 Orchard Lane, Waco, TX 76705 | 7-8 | 2.4 mi |
La Vega High School 555 North Loop 340, Waco, TX 76705 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1623 Seley Ave
Date
Details
Price
Change
Source
5/12/2026
Listed
$340,000
—
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 1623 Seley Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,373
-4%
$136,168
—
2024
$3,507
690%
$136,168
-4%
2023
$444
—
$142,460
612%
2022
$444
101%
$20,000
123%
2022
$221
5%
$8,980
11%
2021
$211
1%
$8,100
5%
2020
$208
6%
$7,730
11%
2018
$196
3%
$6,990
4%
2017
$191
2%
$6,700
2%
2016
$188
1%
$6,550
2%
2015
$187
-6%
$6,400
-13%
2019
$199
12%
$7,360
16%
2013
$178
—
$6,330
2%
2013
$178
—
$6,180
—
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 1623 Seley Ave
1623 Seley Avenue, Waco, TX 76704 (MLS# 21263796) is a Duplex property with 4 bedrooms and 2 full bathrooms. 1623 Seley Avenue is currently listed for $340,000 and was received on May 12, 2026. Want to learn more about 1623 Seley Avenue? 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.
