2208 Joey Drive
About This Property
Step inside and you'll immediately appreciate the warm, inviting atmosphere and functional layout designed for everyday living. Natural light fills the home, creating bright and welcoming spaces perfect for relaxing, entertaining, or simply enjoying time with family and friends.
The home's location places you near some of Waco's most desirable amenities while maintaining the comfort of a residential neighborhood. Whether you're looking for a primary residence, a Baylor-area investment property, housing for medical professionals, or a long-term rental opportunity, this property offers versatility and strong appeal.
With easy access to shopping, dining, schools, healthcare facilities, and major transportation routes, residents enjoy the convenience of having everything they need just minutes away.
Whether you're an owner-occupant searching for your next home or an investor seeking a property in a high-demand area, this is an opportunity worth exploring.
Schedule your private showing today and discover why so many people are choosing to call Waco home.
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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 |
|---|---|---|---|
| Jul 10, 2026 | Relisted | $180,000 | |
| Relisted | |||
| Jun 30, 2026 | In contract | - | |
| In contract | |||
| Jun 17, 2026 | Listed by Duck Brothers Real Estate | $180,000 | |
| Listed by Duck Brothers Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017