








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


Investment property for sale in Waco at 18297 Gholson Rd, Waco, TX, 76705 listed at $145,900 pairs $1,123/mo rent with a $714/mo payment to leave $86/mo cash flow. Total monthly income runs $1,123/mo, and annual cash flow reaches $1,027/yr on $48,366 cash to close. Return on cash invested measures 22.03% in year one, and rental yield registers 9.24% at a $145,900 basis. Equity gained on principal adds $941/yr, and annual property appreciation at 5% supports $40,309 by year five. Five-year ROI tracks 115.48% and total cumulative return in cash totals $55,851. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,123/mo property income relative to a $714/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1983
1 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 76705, Waco, TX area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,456 (100%) |
| Owner Occupied HU | 7,317 (54.4%) |
| Renter Occupied HU | 4,479 (33.3%) |
| Vacant Housing Units | 1,660 (12.3%) |
| Median Home Value | $216,331 |
| Average Home Value | $267,191 |
Residential
11,962
Single Family
10,974
Multi-Family
988
Businesses
632
Date | Event | Price |
|---|---|---|
| 2025-06-23 | Listed for sale | $145,900 |
| 2024-12-19 | Listing removed | $135,000 |
| 2024-11-18 | Contingent | $135,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-23 | $1532.31 | 14.77% | $206,987 | 11.65% |
| 2023-06-23 | $1335.08 | -79.44% | $185,393 | -52.51% |
| 2022-06-23 | $6492.54 | 141.55% | $390,420 | 182.50% |



Listed by: Lisa Prater • Texas Premier Realty
Mls Name: NTREIS
Mls ID: #20977921
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.