Parent or Investor Buyers!!! Located just minutes from Baylor University, this Baylor Bubble duplex offers two spacious 4-bedroom, 2-bathroom units, ideal for student housing or investment. Each unit features an open living area, full kitchen, washer and dryer connections, and ample gated parking. Strong rental demand and proximity to campus, restaurants, and downtown Waco make this property a turnkey opportunity for steady income and long-term value. Both units currently leased $1,800 each through July 20th, of 2027.

David Harris

Campus, REALTORS

Excellent investment opportunity just minutes from Baylor University. This well-maintained duplex offers two spacious units, each featuring 3 bedrooms and 3.5 bathrooms with functional layouts ideal for tenants or owner-occupants. Unit A has been updated with laminate wood flooring throughout, granite countertops, and all appliances conveying, making it completely move-in ready. Unit B also features laminate wood flooring with carpet in select bedrooms, Granite counters, providing a comfortable and versatile living space. Both units offer generous living areas, open kitchen layouts, and upstairs bedrooms for privacy. Property is currently at 100 percent occupancy, making this a true turnkey income-producing asset. Community pool included in HOA. HOA covers cable internet, lawn care.  Major update includes a new roof installed in 2025, adding long-term value and peace of mind for the next owner. Located in a highly desirable area near Baylor, shopping, and dining, this duplex is a rare find with strong rental potential and consistent demand.

Amber Sheehan

Bentwood Realty

Looking for your next cash flowing investment or house hack with low maintenance and no short term cap x? This newly built duplex boasts 3 bedrooms and 2 bathrooms per side. It has modern LED lighting throughout, stained concrete flooring, electric appliances and systems, and tiled showers all designed to reduce maintenance. Conveniently located in Waco for a strong rental base. Schedule a walk through and come see why this duplex is a step above the rest!

Robert Pfenninger

Bridge Realty

Welcome to this newer brick and stone income-producing duplex, thoughtfully designed for durability, efficiency, and long-term investment potential. Each side offers 1,282 sq. ft. of well-designed living space featuring 3 bedrooms and 2 bathrooms with modern finishes throughout. The open-concept layout showcases stained concrete flooring and recessed lighting, creating a sleek and low-maintenance living environment. The kitchen features granite countertops, custom cabinetry, and plenty of space for cooking and entertaining. The primary bathroom also includes granite countertops along with a convenient tub shower combo. Each unit comes with its own private covered patio, perfect for relaxing outdoors.  Outside, you'll find ample parking for up to 6 vehicles along with convenient alley access for added functionality and accessibility. The property is currently leased through the end of the year, making this a turnkey investment opportunity with immediate rental income. Whether you're looking to expand your investment portfolio or secure a well-maintained income-producing property, this newer construction duplex is an excellent opportunity.

Anel Perales

EG Realty

Brand-new construction duplex in the fast-growing North Waco corridor — a rare turnkey chance to own income-producing real estate or offset your mortgage by living in one side and renting the other. Each unit features three bedrooms, two and half baths, an open-concept living,kitchen,dining space, and bedrooms up for added privacy. Everything is new from the ground up: foundation, roof, HVAC, electrical, plumbing, LVP flooring, and modern finishes throughout — translating to low maintenance and lasting peace of mind. Both sides separately metered for effortless tenant billing. Just minutes from Baylor University, downtown Waco, and I-35. New-construction duplexes in this pocket rarely come available

Bailey Eickenloff

Anchor Realty

Brand-new construction duplex in the heart of growing Waco — a turnkey opportunity to build wealth through income-producing real estate or live in one side while the other pays your mortgage. Each unit offers 3 bedrooms, 2.5 baths, and a bright open-concept living,kitchen,dining space with bedrooms upstairs for privacy. Fresh from the ground up with new foundation, roof, HVAC, electrical, plumbing, LVP flooring, and modern finishes throughout — meaning low maintenance and years of worry-free ownership. Separately metered units make tenant billing simple. Ideally located just minutes from Baylor University, downtown Waco, and I-35. Quality new-construction duplexes in this area move fast — book your private showing today.

Charles Johnson

JA Group Companies

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).

Ryan Simpson

Greater Waco Realty, LLC

Versatile Living Meets Income Potential in La Vega ISD! Whether you're looking for a primary residence with built-in rental income or a full investment property, this beautifully renovated home offers endless possibilities. Currently configured as a duplex, the property can generate income from both units or easily be converted back into a spacious 4-bedroom, 3-bath single-family home with a simple wall modification—perfect for a growing family. Offering over 1,700 square feet of fully remodeled living space, this home is truly move-in ready. Inside, you'll find a stylish modern farmhouse design highlighted by elegant gold accents, crisp white finishes, bold black fixtures, and contemporary updates throughout, creating a warm and inviting atmosphere. Situated on a generous half-acre corner lot in the desirable La Vega ISD, the expansive backyard is shaded by mature trees and provides plenty of room for entertaining, family gatherings, gardening, or simply relaxing outdoors. Whether you're a savvy investor, house hacker, or homebuyer seeking extra space and flexibility, this unique property checks all the boxes. Conveniently located with quick access to shopping, dining, schools, and all that Waco has to offer, it's an opportunity you won't want to miss. Schedule your private showing today and discover the flexibility, value, and income potential this exceptional property has to offer!

Reyna Reyes

Arise Capital Real Estate

Amazing opportunity for investors, or someone who wants to have passive income while living in one unit and renting out the other! Almost new duplex on a quiet Waco street includes two identical units each with three bedrooms, two baths and modern amenities throughout. Energy-efficient features and appliances that are difficult to find in other properties in the area. Efficient floorplan with a large living area and open kitchen. Earn additional income or let someone else pay a portion of your house payment - take a look today!

Eric Zadnik

Premier, REALTORS

Welcome to 2719–2721 Parrott Ave, a fantastic income-producing duplex offering immediate cash flow and long-term investment potential!  This two-story property features two separate units, making it ideal for investors or owner-occupants looking to offset their mortgage. Unit A offers a spacious 3-bedroom, 1-bath layout, while Unit B features a comfortable 2-bedroom, 1-bath setup—perfect for tenants seeking affordability and convenience.  Currently, the property is tenant-occupied with rental income of $800 month, providing steady cash flow from day one. Whether you’re looking to expand your investment portfolio or live in one unit while renting out the other, this property delivers flexibility and value.  Located in a growing area with strong rental demand, this duplex is a great opportunity to build equity while generating income.  Don’t miss your chance to own a versatile property with solid upside potential!

Cameron Gomez

Agents Of Texas, LLC

Located in the heart of Waco in an established neighborhood near Tennyson Middle School and close to shopping, dining, and everyday conveniences. This duplex offers a great opportunity for both homeowners and investors. Live in one unit while generating rental income from the other, or add a solid investment property to your portfolio. Each single-story unit features 2 bedrooms and 1 bathroom with a functional layout. Front-entry carports provide convenient covered parking, along with additional storage space. Step outside to fully fenced backyards that offer privacy and space to enjoy.

Justin Hroch

Dagwood Management, LLC

David  Goodrum

Harrell Realty Company

Check out this multi-family property on S. 30th Street. Close proximity to S. Valley Mills Drive, IH-35 and various shopping and restaurants. This multi-family property consists of two (2) units. Unit A is a 2BR / 1BA, 660 SF, upstairs unit. Unit B is a 2BR / 1BA, 700 SF, downstairs unit. Buyer and buyer’s agent to verify all details. This property can be sold as a one-off or grouped with other properties as an investment package. For further details, please ask.

Hunter Harrell

Investor opportunity in Waco! This income-producing duplex at 1200–1202 N 9th Street offers immediate cash flow with both units currently leased—one at $1,000 per month and the other at $1,200 per month. Each unit provides comfortable living space with functional layouts, making it an attractive option for long-term tenants.  Whether you're looking to expand your rental portfolio or step into your first investment property, this duplex delivers steady income with upside potential. Conveniently located with easy access to local amenities, schools, and major thoroughfares, the property appeals to a wide range of renters.  Don’t miss this chance to secure a performing asset in a growing market—schedule your showing today!

Nicholas Rivas

Kelly, Realtors

Fully occupied duplex in the heart of Waco! This fully occupied duplex delivers immediate cash flow with a 100% occupancy rate and low overhead. Built in 1916 and spanning 1,710 sq ft, this one-story property consists of two income-producing units with solid rental history. Reach out for financials or to schedule a walkthrough—this opportunity won't last.

Kimberly N Smith

Bramlett Partners

This prime investment opportunity in the highly desirable Midway ISD features an updated duplex designed for maximum appeal. Each side boasts a spacious, open-concept living and dining area flowing off the kitchen, highlighted by fresh paint and brand-new flooring throughout. The thoughtful layout offers a private primary suite on the main level, with two additional bedrooms and a full bath upstairs. Outdoors, tenants can enjoy a fully fenced backyard with a covered patio, perfect for relaxing or entertaining, along with a two-car carport and dedicated storage closet for each unit.  Currently 1300 is vacant, but has many applications.  Purchase now and choose tenant or live in one side, rent the other.  These coveted properties rent fast for steady cash flow at $2900 per month total.

1300 Chapel Creek Road Unit 1302, Waco TX 76712

1300 Chapel Creek Road Unit 1302, Waco TX 76712

Property Details

Listing Details

Market Trends

Public Records

Mortgage Calculator

National Mortgage Rates

Schools

Nearby homes for sale

Nearby homes sold recently