Waco, TX 76707 925 N 32nd Street

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Presented By: Kevin Vander Woude with The Vander Woude Group;
  • MLS# 20939298
  • 05/19/2025
  • Request Tour
  • Request Info
  • Beds • 78
  • Full/Half Baths • 25 / 3
  • SQFT • 1,126

Home Details

Presenting a rare opportunity to acquire a high-performing portfolio of 25 single-family rental homes located in some of the most desirable and rapidly growing communities in Central Texas. This stabilized portfolio boasts limited to no vacancies, strong in-place cash flows, and a solid cap rate, offering immediate income with long-term appreciation potential. Most of the homes have received recent upgrades and renovations, minimizing capital expenditure for the next owner. The properties are strategically positioned in high-demand neighborhoods with strong school districts, robust employment centers, and convenient access to major highways and urban hubs. With Central Texas on track to double its population by 2040, this portfolio is ideally situated to benefit from sustained rental demand, economic growth, and increasing property values. This offering is ideal for investors seeking a scalable, income-generating asset in a dynamic and appreciating market. Investment Highlights: 25 stabilized single-family homes, High occupancy with reliable rental income, Strong cap rate with upside potential, Recent upgrades and well-maintained properties, Located in top-tier Central Texas submarkets with high projected growth, Minimal deferred maintenance, and Low operational overhead.
Presented By: Kevin Vander Woude with The Vander Woude Group;

Interior Features for 925 N 32nd Street

Bedrooms

Total Bedrooms78

Bathrooms

Half Baths3
Total Baths28

Other Interior Features

Unit Count25
Lock Box TypeSee Remarks
FlooringHardwood
Interior FeaturesOther
Total Units25

General for 925 N 32nd Street

# of Buildings25
AppliancesOther
Capitalization Rate6.67
CityWaco
Complex NameBROOKVIEW 1
Construction MaterialsBrick
CoolingOther
CountyMcLennan
DirectionsContact Agent
Elementary SchoolWaco
Elementary School NameWaco
Full Baths25
Gross Annual Expenses174651.35
HOA TypeNone
HeatingOther
High SchoolWaco
Insurance Expense33182
LevelsMulti/Split
Listing TermsCash, Conventional
Occupant TypeTenant
Operating Expense IncludesInsurance, Maintenance, Professional Management
Pool Y/NNo
PossessionSubject to Lease
Property SubtypeMultiple Single Units
Property TypeResidential Income
RoofOther
School DistrictWaco ISD
Standard StatusActive
StatusActive
Subdivision NameHUACO HTS
UtilitiesOther
Virtual Tour URL UnbrandedClick here
Will SubdivideNo
Year Built1973
Year Built DetailsPreowned

Exterior for 925 N 32nd Street

Building Area Total1126.00
Foundation Pillar/Post/Pier, Slab
Lot Size Acres4.3707
Lot Size Area190386.0000
Lot Size Square Feet190386.0000
Lot Size UnitsSquare Feet
Number Of Parking Spaces1
Parking FeaturesDriveway, Other

Additional Details

Price History

Schools

Elementary School Waco Elementary School
Middle School N/A
High School N/A

Chase Cangelosi

Price $4,700,000
MLS#20939298
List Date 05/19/2025
Property Type Multi-Family
Phone 512.666.8121
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