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3412 Kendall Lane
About This Property
Discover a rare 9-acre tract in the heart of Waco, just minutes from Baylor University and downtown. This prime piece of land offers an ideal blend of space and location, giving you room to spread out while staying close to everything the city has to offer.
With frontage along Kendall Lane and easy access to major roads, this property is perfectly suited for a custom home, investment project, or future development. Utilities are available nearby, making it ready for your vision.
Opportunities like this don't come along often-acreage this close to Baylor and downtown Waco is increasingly hard to find. Whether you're looking to build, invest, or hold for the future, 3412 Kendall Lane is a standout choice.
Acreage and dimensions are approximate. Buyers are encouraged to verify property size, boundaries, and available utilities to their satisfaction.
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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 |
|---|---|---|---|
| Sep 1, 2026 | Sold | ||
| Sold | |||
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Jul 13, 2026 | Relisted | $227,000 | |
| Relisted | |||
| Jul 6, 2026 | In contract | - | |
| In contract | |||
| Mar 31, 2026 | Price Decreased |
$227,000
↓ $3K
(1.3%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017