3824 Elliott Drive
About This Property
Conveniently located with quick access to I-35, Baylor University, downtown Waco, shopping, dining, and major employers, this property is surrounded by ongoing residential and commercial development in one of Waco's fastest-growing corridors. Whether you're looking to build today or invest for tomorrow, this is an opportunity you won't want to miss.
*Property is being sold individually. Neighboring lots and houses being sold by the same seller and can be combined as a package deal.
Listed By
Payment Calculator
Your Estimated Monthly Payment
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 16, 2026 | Price Decreased |
$65,000
↓ $10K
(13.3%) | |
| Price Decreased | |||
| Jul 21, 2026 | Listed by Versatile Real Estate Co. | $75,000 | |
| Listed by Versatile Real Estate Co. | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017