Description

Prime opportunity for investors and savvy Baylor parents! Vacant lot in the Baylor bubble, surrounded by student housing. Included with the sale are professional renderings and floor plans for a 4-bedroom, 4.5-bathroom home, designed for student living and generating passive income. City of Waco zoning allows for an( ADU) accessory dwelling unit to be added to the property, providing an additional revenue stream. Current market rents for similar four-bedroom homes in the area up to $800 per bedroom, with the ADU expected to bring in an additional $1,000 to $1,300 per month. Maximize your rental income or offset your students living expenses while building equity, with this ideal location, just minutes from Baylor University!