29
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1200 N 15th Street
About This Property
Inside, an open-concept layout creates an easy flow between the living, dining, and kitchen areas. The kitchen features stainless steel appliances, a gas range and griddle, and beautiful floating wood shelves. The spacious basement adds even more versatility and can be used as a game room, home office, gym, or additional flex space.
The extensive 2021 renovation included the roof, Hardi-plank siding, Low-E windows, doors, plumbing, electrical, HVAC and attic ductwork, flooring, lighting, paint, bathroom finishes, and more. Outside, the property is fully privacy fenced with a double side-entry gate, gravel rear parking, and a large storage building offering abundant storage and potential for additional use.
Located directly across from West Avenue Elementary and within walking distance of local dining, coffee, and neighborhood amenities, this home puts you in the middle of one of Waco's established and revitalizing areas. Just minutes from Baylor University, Downtown Waco, and Magnolia, the location is hard to beat. Whether you're looking for a beautifully updated primary residence, an investment opportunity, or a property with flexible living and work space, this home offers a rare combination of character, updates, and location.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 27, 2026 | Price Decreased |
$299,999
↓ $15K
(4.8%) | |
| Price Decreased | |||
| Sep 18, 2026 | Price Decreased |
$315,000
↓ $55K
(14.8%) | |
| Price Decreased | |||
| Aug 28, 2026 | Listed by EG Realty | $369,900 | |
| Listed by EG Realty | |||
| Aug 26, 2026 | No longer available | - | |
| No longer available | |||
| May 12, 2026 | Price Decreased |
$384,900
↓ $5K
(1.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017