915 Turner Street
About This Property
Located near campus, this home sits in a high-demand area where rental need stays consistently strong due to proximity to McLane Stadium, academic buildings, athletic facilities, and popular student amenities. Ideal layout for modernization or reconfiguration to maximize bedrooms and rental income.
Strong bones, solid lot, and excellent access to shopping, restaurants, downtown Waco, and major corridors. Perfect for investors seeking steady rental demand, high occupancy potential, and a proven value-add opportunity close to one of Texas's most reliable campus housing markets.
Bring your vision and your strong back, this flip is not for the faint of heart.
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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 |
|---|---|---|---|
| Jun 23, 2026 | Price Decreased |
$59,999
↓ $5K
(7.7%) | |
| Price Decreased | |||
| Jun 20, 2026 | Listed by ListWithFreedom.com | $65,000 | |
| Listed by ListWithFreedom.com | |||
| Jun 14, 2026 | No longer available | - | |
| No longer available | |||
| Jun 4, 2026 | Price Decreased |
$65,000
↓ $3K
(4.4%) | |
| Price Decreased | |||
| May 22, 2026 | Price Decreased |
$68,000
↓ $2K
(2.9%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017