105 Faye Street A & B, Lacy Lakeview, TX 76705
About $780 a month to live here, after the rent from the other home.
A duplex. Live in one home and rent out the other. How it works
Live here for about
The other home rents for $1,200. We hold back $216 of that for repairs and an empty month, and the rest goes toward a $1,764 monthly payment.
Income to qualify: about $38,000 a year
With how much down?
At 20% down ($51,980) and 5.6%, 30-year fixed. Your rate and down payment change this.
Get rich slow: keep this loan ten years and the payments pay off about $36,000 of it. See the ten-year math
How we work this out
The cost to live here is the loan payment, taxes, insurance and any dues, less the rent, with a little held back for repairs and an empty month. Income to qualify uses a 43% debt-to-income limit, counts 75% of the rent, and none of your other debts.
$9,097 minimum down payment. The cost above is at 20% down, and at the minimum it is higher. Set your own
ABOUT THIS HOME
Fully Occupied, Remodeled Duplex Across from TSTC - Here’s the kind of investment property that makes sense on paper and in person. This single-story Waco duplex is 100% occupied, with residential leases in place on both sides, offering an established income-producing opportunity from day one. Built in 1968, the property offers 1,800 total square feet on approximately 0.2328 acres, with two well-proportioned units of approximately 900 square feet each. Each side features 2 bedrooms and 1 full bath, giving the property a practical, straightforward layout that has stood the test of time. Both units have been remodeled, including new windows and flooring along with renovated kitchen and bathroom. The duplex features functional living spaces with luxury vinyl plank flooring, neutral finishes, kitchens with ample cabinetry and counter space, and comfortable room sizes. Seller-owned appliances, including refrigerators, washers and dryers, convey with the property. Central heat and air, along with city water and sewer, round out the everyday essentials. Outside, mature trees bring shade and character to the lot, while open parking keeps things uncomplicated. The location is hard to overlook, sitting just across the street from Texas State Technical College and convenient to I-35 for access throughout Waco and beyond. Whether adding to an existing portfolio or making a first move into multifamily ownership, this fully occupied duplex offers something investors appreciate: two doors, established tenancy, thoughtful improvements, and a location with practical staying power.
Duplex
Property Type
10,141 sqft
Lot Size
1968
Year Built
Listing Date: 09/10/2026
Listed by: Jeffery Bird
Listing office: Keller Williams Realty, Waco
Source: NTREIS #21372582
Series Homes is committed to full compliance with the Fair Housing Act and the Equal Credit Opportunity Act.
CHOOSE YOUR UNIT
Tap the one you would live in. The rest pay rent, and that rent comes off your monthly cost.
If someone lives in the unit you want, or a lease comes with the home, ask how moving in works on this one.
CHECK OUR MATHEvery line of the monthly cost is in here. Change the price or the down payment and watch it move.
OFFER PRICE
Change your offer and watch the monthly cost move.
Purchase Price
List Price
FINANCIALS
How much do you want to put down?
Before rent: principal and interest at 5.6% on a 30-year fixed loan, taxes, insurance and any HOA dues. Your rate and down payment change this.
MONTHLY BREAKDOWN
Estimate at 20% down ($51,980) and 5.6%, 30-year fixed. Your rate and down payment change this.
From market rates for this unit's size.
From market rates for this unit's size.
Payment estimates shown by Series are illustrative only. Final loan terms, monthly payments, and eligibility will be determined by your mortgage loan originator.
LOCATION
BEFORE YOU OFFER
Now run it on your paycheck.
This page is priced at one down payment and one rate. Send the address and we run it at yours: what you would pay each month after rent, and which loan works on this home.
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MLS# 21372582 · Listing office: Keller Williams Realty, Waco
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the NTREIS Multiple Listing Service. Real estate listings held by brokerage firms other than this broker are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.