16 days on rocket

1606 Cole Rd, Waco, TX, 76705

$140,000

Home List Price

$1,663*

Closing Credit

1 Bedroom
1 Full Bath
1,798 SqFt
$78/SqFt
Townhouse

Location

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1606 Cole Rd, Waco$140,000

Buyer Closing Credits

$1,663*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingNone
CoolingWindow Unit(s)
FireplaceNone
MLS #226155
Lot Size0.29 Acres
StatusActive

About 1606 Cole Rd

**Prime Investment Opportunity!** This well-maintained duplex provides steady monthly income with established long-term tenants. Each unit includes 2 bedrooms and 1 bath, ensuring dependable rental revenue for years to come. With a solid rental history and positive cash flow, this property is perfect for investors aiming to grow their portfolio with a reliable, income-generating asset. Conveniently situated near local amenities, schools, and highways, it offers excellent access to Waco for renters seeking a great location. Whether you’re interested in enhancing value through renovations or maintaining it as-is for stable returns, this property holds significant potential. Don’t miss this affordable investment!

Property Details

Property Features

Property Information:

  • Stories: 1
  • Living Area: 1,798 SqFt

Listing Office:

  • Office Name: Graceland Real Estate
  • Office Phone: (254) 772-7788
  • Listing Agent: Patricia Meadows, Frances Calderon

Interior Features

Interior Information:

  • Appliances: Gas Water Heater
  • Flooring Type: Vinyl, Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 1

Exterior Features

Exterior Information:

  • Private Pool: No
  • Exterior: Fence, Other, Deck, Patio

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.29 Acres

Utilities

Utilities Information:

  • Cooling: Window Unit(s)

Other

Directions Information:

  • Directions: Heading south on IH35 take exit 338B toward Behrens Cir. Continue on I35 N Frontage Rd. Turn right onto Hogan Ln. Turn left onto Old Dallas Rd. Turn right onto Cole Rd. Heading north on IH35 take exit 337 towards US 77. Turn left onto Business 77. Turn left onto Hogan Ln. Turn left onto Old Dallas Rd. Turn right onto Cole Rd.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000
  • Price Per SqFt: $78/SqFt

Tax Information:

  • Annual Amount: $760
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Waco, TX.

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Waco, TX

City

Med. List Price

$279.4K

Med. Price/SqFt

$169

Avg. Days On Market

88

# of Sold Homes

5

1606 Cole Rd vs Waco

16 DAYS ON ROCKET

-72 Days

$140,000

-$139.4K Less

$78/SqFt

-$91 Less

KEY TAKEAWAY

This property is $139.4K less than the Median List Price and $91/SqFt less than other homes in Waco, TX.

Based on homes listed in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Waco
  • MLS Number: #226155

Listing Office:

  • Office Name: Graceland Real Estate
  • Office Phone: (254) 772-7788
  • Listing Agent: Patricia Meadows, Frances Calderon

IDX This data is provided by the Waco Association of REALTORS® Multiple Listing Service Inc. Internet Data Exchange is 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. The listing broker is listed on each listing; the information is deemed reliable but not guaranteed accurate. Copyrighted © 2024 Waco Association of REALTORS®
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.


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Last updated on: 12/22/2024, 2:16:04 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$760$32,850
2020$840$33,110
2019$848$36,830
2018$849$36,170
2017$672$28,360

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-851524
4
/10

  • La Vega Elementary School

  • 3100 Wheeler St

  • 0.56 miles

  • Public District Grades 1-3

school-card-donut-851525
5
/10

  • Audre and Bernard Rapoport Academy

  • 2000 J J Flewellen Rd

  • 1.75 miles

  • Public Charter Grades PK-4

school-card-donut-851526
2
/10

  • J. H. Hines Elementary School

  • 301 Garrison St

  • 1.96 miles

  • Public Charter Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,375. Most Waco, TX residents have annual incomes less than $35k. Residents typically live in single, no kids family. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1606 Cole Rd

What is the listing price of this property?

The listing price of 1606 Cole Rd property is $140,000.

What type of property is this?

The property 1606 Cole Rd is a townhouse located in Waco, Texas, 76705.

Is this property for sale now?

Active Listing: 1606 Cole Rd is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $760 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1606 Cole Rd has 1 bedroom and 1 bathroom.

What is the square footage of this property?

The property 1606 Cole Rd is 1,798 SqFt (source: MLS/tax record).

Rocket Homes›Texas›McLennan County›Waco›76705›1606 Cole Rd

This home is located at 1606 Cole Rd in Waco, TX and zip code 76705. This 1,798 square foot home sits on a 0.29 acre lot. Features: 1 bedroom, 1 bathroom. It has been listed on Rocket Homes since December 05, 2024 and is currently priced at $140,000.

The number of homes for sale in Waco, TX increased by 6.7% between October 2024 and November 2024. The median list price of listings available in November 2024 was $279,450, while the average time on the real estate market was 88 days.

From Rocket Homes Real Estate and based on county public records data.

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