4524 Concord Road
About This Property
Inside, you'll find a spacious living room plus a bright sunroom filled with natural light-ideal for a second living area, office, or relaxing retreat. The home features granite countertops throughout, new flooring, updated lighting, brand-new kitchen appliances, and fresh interior and exterior paint.
Major system updates provide peace of mind, including a recently leveled foundation, new HVAC system, new appliances, and a new hot water heater. A dedicated laundry and mud room adds everyday functionality and convenience.
This versatile property features city utilities, a barn-style structure, detached 2-car carport, and a separate garage and storage building. The acreage offers a mix of open land with trees lining the back of the property, creating both usable space and added privacy.
Whether you're looking to create a private retreat, invest, or explore future development potential, this tract offers convenience, flexibility, and opportunity in a prime Waco location-enjoying country living just minutes from downtown, shopping, dining, and area attractions.
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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 |
|---|---|---|---|
| Apr 3, 2026 | Sold | ||
| Sold | |||
| Mar 9, 2026 | In contract | - | |
| In contract | |||
| Feb 11, 2026 | Listed by Turner Brothers Real Estate, LLC | $399,900 | |
| Listed by Turner Brothers Real Estate, LLC | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017