Prime investment opportunity in Waco! This multi-unit property at 1517–1529 Barnard St offers strong income potential in a rapidly growing area just minutes from Baylor University and downtown.
Featuring multiple units across the property, this asset is ideal for investors seeking steady rental income with the benefit of proximity to one of Waco’s most in-demand rental corridors. The location appeals to students, professionals, and long-term tenants alike, helping support consistent occupancy.
Convenient access to major roads, shopping, dining, and entertainment enhances the property’s desirability, while the surrounding growth and development continue to drive long-term value. Whether you’re expanding your portfolio or looking for a centrally located income-producing property, this is an opportunity you don’t want to miss.
Schedule your showing today to explore the potential of this Waco investment!
For sale
$495,000
1521 Barnard St, Waco, TX 76701
--beds
--baths
2,978sqft
Multi Family
Built in 1939
-- sqft lot
$490,100 Zestimate®
$166/sqft
$-- HOA
What's special
- 118 days |
- 64 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Nicholas Rivas 0729959 254-741-1500,
Kelly, Realtors 254-741-1500
Source: NTREIS,MLS#: 21210604
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Facts & features
Interior
Heating
- Other
Cooling
- Window Unit(s)
Appliances
- Included: Electric Oven, Electric Range
Features
- Natural Woodwork
- Flooring: Hardwood
Interior area
- Total structure area: 2,978
- Total interior livable area: 2,978 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
- Parking features: Gravel
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 0.37 Acres
Details
- Parcel number: 172493
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Year built: 1939
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Sewer Available, Water Available
Community & HOA
Community
- Subdivision: Farm
HOA
- Has HOA: No
Location
- Region: Waco
Financial & listing details
- Price per square foot: $166/sqft
- Annual tax amount: $2,849
- Date on market: 3/17/2026
- Listing terms: Cash,Conventional,1031 Exchange
Estimated market value
Zestimate®
$490,100
Estimated sales range
$431,000 - $554,000
Rent Zestimate®
$1,254/mo
Price history
| Date | Event | Price |
|---|---|---|
| 3/17/2026 | Listed for sale | $495,000+1%$166/sqft |
Source: NTREIS #21210604 Report a problem | ||
| 12/22/2021 | Sold | -- |
Source: NTREIS #200388 Report a problem | ||
| 8/12/2021 | Pending sale | $489,900$165/sqft |
Source: | ||
| 3/31/2021 | Listed for sale | $489,900$165/sqft |
Source: WMLS #200388 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Principal & interest
$1,547Mortgage insurance
$0Property taxes
$170Home insurance
$105HOA fees
$0Utilities
Not includedAll calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 3/10West Avenue Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 1/10G W Carver MiddleGrades: 6-8Distance: 2.2 mi
- 3/10Waco High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: West Avenue
- Middle: Cesar Chavez
- High: University
- District: Waco ISD
Source: NTREIS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Texas
- McLennan County
- Waco
- 76701
- Downtown
- 1521 Barnard St