1616 Shelburne Street
About This Property
Step inside to an inviting open floor plan featuring vinyl wood flooring throughout and recessed lighting in the main living areas. The kitchen is both functional and stylish with granite countertops, a white backsplash, ample cabinet space, and modern floating shelves. The kitchen island includes built-in wall outlets and barstool seating, making it perfect for both everyday living and entertaining.
The primary bedroom is privately located on the left side of the home, offering a quiet retreat with an ensuite bathroom that features a tiled tub shower combo. On the opposite side of the home, you'll find two additional bedrooms along with a guest bathroom that also includes a tub shower combo with tile finishes and floating shelves for added storage.
Step outside to a spacious backyard complete with a wooden deck, a fully fenced yard, and a storage shed. This outdoor space offers plenty of room for relaxation, gatherings, and everyday enjoyment.
Conveniently located in South Waco with park views right across the street, this home blends comfort, functionality, and location all in one.
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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 |
|---|---|---|---|
| Aug 27, 2026 | Price Decreased |
$199,900
↓ $65K
(24.6%) | |
| Price Decreased | |||
| Apr 30, 2026 | Listed by EG Realty | $265,000 | |
| Listed by EG Realty | |||
| May 15, 2023 | No longer available | - | |
| No longer available | |||
| May 10, 2023 | Listed by Bentwood Realty, LLC | $229,000 | |
| Listed by Bentwood Realty, LLC | |||
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Discover this beautiful home in the heart of Waco. Tastefully renovated 3-bedroom, 2-bathroom home. Meticulously upgraded with a stylish kitchen: granite countertops and stainless steel appliances making it a dream space for both cooking and entertaining. Open-concept living area exudes warmth, while ample natural light accentuates the freshly painted walls and new flooring. Step outside and find a backyard retreat featuring a patio/deck, perfect for outdoor gatherings. A charming cement picnic table and matching seats complete the picturesque setting, providing a cozy space for relaxing or hosting friends. Matching storage building in backyard. This renovated 3/2 gem offers a seamless blend of modern comforts and outdoor delights. Don't miss the opportunity to own this captivating residence and embrace the charm of Waco living. Listing realtor is partial owner The manager has listed the unit size as 1188 square feet.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017