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1200-1202 N 9th St #2, Waco, TX, 76707

5beds
2baths
2,143sqft
$220,000
$103price/sqft
$1,827/moest. monthly cost
$73,080/yrincome needed

About This Home

Investor opportunity in Waco! This income-producing duplex at 1200–1202 N 9th Street offers immediate cash flow with both units currently leased—one at $1,000 per month and the other at $1,200 per month. Each unit provides comfortable living space with functional layouts, making it an attractive option for long-term tenants. Whether you're looking to expand your rental portfolio or step into your first investment property, this duplex delivers steady income with upside potential. Conveniently located with easy access to local amenities, schools, and major thoroughfares, the property appeals to a wide range of renters. Don’t miss this chance to secure a performing asset in a growing market—schedule your showing today!

Getting Around

61
WalkingSomewhat Walkable
0
TransitVery Limited Transit
50
BikeBikeable

Schools

3/10
1/10
3/10
Waco High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1922

Materials

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction materials: Frame,Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Property subType: Duplex,Multi Family

Interior

Appliances

  • Appliances included: Gas Oven,Gas Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Pantry
  • Flooring: Carpet,Luxury Vinyl Plank

Heating & Cooling

  • Heating features: Other
  • Cooling features: Window Unit(s)

Interior Area

  • Total structure area: 2,143
  • Total interior livable area: 2,143 sqft

Property

Details

  • Parcel number: 1741339

Features

  • Levels: One
  • Stories: 1
  • Pool features: None
  • Fencing: Back Yard,Chain Link,Wood

Lot

  • Lot size: 0.27 Acres

Parking

  • Total spaces: 4
  • Parking features: Concrete

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Tornado
    TornadoVery High
  • Cold Wave
    Cold WaveRelatively High
  • Heat Wave
    Heat WaveRelatively High
  • Lightning
    LightningRelatively High

How This Home’s Risks Compare

Tornado
Cold Wave
Heat Wave
Lightning

FEMA Declared Disasters Across Texas Counties

Fire
Flood
Hurricane
Severe Storm
Straight Line Winds
Tornado
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $1,112$13,344
Home Insurance *$228$2,736
Property Taxes $249$2,988
Electricity $238$2,859
Total$1,827$21,924
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$62,640/yr
40% on housing$54,810/yr
45% on housing$48,720/yr

Texas FAIR Plan Programs

Texas FAIR Plan Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

Texas Windstorm Insurance Association

Covered
HailHail
WindWind
Visit Website →
Current Policies
Residential: 126,680Commercial: -4
Total Premiums$237.28M
Total Exposure$32.93B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 4.9%
4.9%
0%30.0%
Electricity Growth Rate10-year average: 3.8%
3.8%
0%15.0%
Property Taxes Growth Rate2-year average: 0.6%
0.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$103This listing

vs Other Active Listings

Avg $/sqft

ZIP 76707$98
McLennan County$158

vs Homes Sold Last Month

Median $/sqft

ZIP 76707$153
McLennan County$167

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-17Listed for sale$220,000

For Sale by Agent

AgentNicholas Rivas
BrokerageKelly, Realtors

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