








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Waco at 1704 Lexington St, Waco, TX, 76711 generates $1,059/mo in rent and, after a $675/mo payment, leaves $78/mo in cash flow. Total monthly income is $1,059/mo, and annual cash flow is $937/yr on $45,747 invested. Return on cash invested sits at 21.96% in year one, and rental yield is 9.21% on a $138,000 entry. Equity gained on principal adds $890/yr, while 5% annual appreciation builds toward $38,127 over five years. Five-year ROI reaches 115.12% and total cumulative return in cash sums $52,662. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,059/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76711, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,372 (100%) |
| Owner Occupied HU | 1,918 (43.9%) |
| Renter Occupied HU | 1,837 (42.0%) |
| Vacant Housing Units | 617 (14.1%) |
| Median Home Value | $116,667 |
| Average Home Value | $151,031 |
Residential
3,858
Single Family
2,857
Multi-Family
1,001
Businesses
285
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $138,000 |
| 2009-03-17 | Sold | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $317.13 | N/A | $90,630 | 10.00% |
| 2023-04-29 | N/A | N/A | $82,391 | 10.00% |
| 2022-04-29 | $307.93 | -55.58% | $74,901 | 10.00% |



Listed by: Brooke Boiles • House of Homes
Mls Name: NTREIS
Mls ID: #20919257
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.