621 S 9th Street
About This Property
Inside, the light-filled interior feels fresh, comfortable, and thoughtfully designed, with an open flow between the living, dining, and kitchen spaces. The updated kitchen features crisp cabinetry, generous counter space, open shelving, and plenty of room to gather, while five well-appointed bedrooms provide flexibility for hosting family, friends, or overnight guests.
Outside, a spacious covered patio creates an inviting place to relax and unwind, while the fenced backyard and dedicated rear parking add convenience rarely found this close to downtown. The property is currently offered with its furnishings and setup, creating the opportunity for a streamlined transition for its next owner.
With Magnolia Market, downtown Waco, Baylor University, dining, shopping, and some of the city's most popular attractions just minutes away, 621 S 9th Street combines location, charm, and versatility in one unforgettable Waco property. Whether you're looking for a furnished getaway, your next investment, or simply a home in the middle of everything Waco has to offer, The Texas Rose is ready for its next chapter.
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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 |
|---|---|---|---|
| Sep 11, 2026 | Listed by Bramlett Partners | $489,900 | |
| Listed by Bramlett Partners | |||
| Jul 31, 2025 | Temporarily off market | - | |
| Temporarily off market | |||
| May 12, 2025 | Price Decreased |
$595,900
↓ $54K
(8.3%) | |
| Price Decreased | |||
| Mar 10, 2025 | Listed by Bentwood Realty | $649,900 | |
| Listed by Bentwood Realty | |||
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Just three blocks from the Magnolia Silos, this beautifully remodeled home is a rare gem! Currently operating as a successful short-term rental, the Texas Rose is a great investment opportunity or a dream retreat for anyone looking to enjoy the charm of downtown living. From the stylish design to the fully furnished interior and exterior spaces, every detail of this home has been thoughtfully designed making it move-in or rental-ready from day one. You'll love the warm and inviting atmosphere with updated finishes, comfortable living spaces, and a perfectly equipped kitchen. Step outside to enjoy the cozy patio that is perfect for relaxing after a day of exploring Waco’s most popular attractions. With its prime location, proven rental success, and turn-key setup, The Texas Rose is a rare find. Whether you're looking to expand your short term rental portfolio or settle into a charming home near all the action, this is an opportunity you don’t want to miss!
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017