Investor decision guide / Waco, Texas

Start with the decision, then drill into the evidence

This site is designed to help a capital partner quickly understand which properties deserve attention, why they rank where they do, what assumptions drive the economics, and what still must be verified.

Use the site in four steps

01 · Orient

Review the current shortlist

Start with the three priority properties below. Priority means diligence sequence, not a purchase recommendation.

04 · Verify

Challenge a claim →

Open the source and evidence layer when you want to understand why a number is stated, estimated, conflicted, derived, or unknown.

6Opportunities tracked
3Current shortlist priorities
2Watch candidates
1Separate-mandate asset sets

Current shortlist

Research as of 2026-09-05. Read the ranking rationale and the first unresolved gate before relying on any economics.

See every tracked opportunity →
Priority 12026-09-05

2601–2603 Summer Ave

Current ask
$360,000USD
LISTING-STATED
Listing only · high support confidence
Why we believe this

Active asking price, not a value conclusion.

Research current as of 2026-09-05

View source
Apparent units
4Dwelling units
LISTING-STATEDCONFLICT FLAG
Multi source corroboration · high support confidence
Why we believe this

Four physical units are strongly supported by current marketing; assessor-derived characteristics conflict and legal use is unknown.

Research current as of 2026-09-05

View sourceView source
Year built: 1949 · provenance
1949Year
LISTING-STATED
Multi source corroboration · high support confidence
Sources, caveats & notes

Consistent secondary sources; direct authoritative record not archived.

Research current as of 2026-09-05

View sourceView source
Whole property · USD per month
Supported range$3,650–$4,300
$3,650$4,300

Screening center: $3,900–$4,000 · medium support confidence

ESTIMATED
Total rent evidence
$3,650–$4,300USD per month
ESTIMATED
Analyst estimate · medium support confidence
Why we believe this

Asking-rent-based stabilized range; the range is more important than the midpoint.

Research current as of 2026-09-05

View source
$3,900–$4,000USD per month
ESTIMATED
Analyst estimate · medium support confidence
Why we believe this

Useful screening center, not a conservative floor or current income.

Research current as of 2026-09-05

View source
1BR/1BA · USD per month per unit
Supported range$725–$900
$725$900

Screening center: $800–$825 · medium-low support confidence

2BR/1BA · USD per month per unit
Supported range$1,100–$1,250
$1,100$1,250

Screening center: $1,175–$1,200 · medium support confidence

Asking-rent context. Executed rents remain UNKNOWN.

First unresolved question

Are all four marketed dwelling units lawful, lawful-nonconforming, or otherwise authorized?

Why it ranks

Priority 1 because public verification strengthened the four-unit configuration and the itemized rent-comp set materially improved the rent thesis. The ranking remains provisional until lawful four-unit use and actual rents are established.

Priority is a diligence sequence, not an investment recommendation.

What could change the case

  • Marketed unit count: Four physical units are strongly supported by current marketing; assessor-derived characteristics conflict and legal use is unknown.

What the seller must prove

  • Current rent roll

What we should verify next

  • McLennan CAD account sheet, ownership, and exemptions
Open the full property review
Priority 22026-09-05

3206 N 20th A St

Current ask
$289,900USD
LISTING-STATED
Listing only · high support confidence
Why we believe this

Approximate current ask after September 3 reduction.

Research current as of 2026-09-05

View source
Apparent units
2Dwelling units
DERIVED
Model derived · high support confidence
Why we believe this

Sum of marketed unit mix. Legal two-unit status remains unverified.

Research current as of 2026-09-05

View sourceView source
Year built: 2020 · provenance
2020Year
LISTING-STATED
Multi source corroboration · high support confidence
Sources, caveats & notes

Strongly corroborated secondary field; direct record not archived.

Research current as of 2026-09-05

View sourceView source
3BR/2BA · USD per month per side
Supported range$1,300–$1,500
$1,300$1,500

Screening center: $1,400–$1,450 · medium support confidence

Asking-rent context. Executed rents remain UNKNOWN.

First unresolved question

Does title and deed evidence confirm that both units and the entire parcel are conveyed?

Why it ranks

Priority 2 because public verification materially reduced the earlier sale-scope concern and now strongly supports the current offering as the whole duplex. Title/conveyance, authoritative area, legal two-unit status, and executed rents still gate reliance.

Priority is a diligence sequence, not an investment recommendation.

What could change the case

  • Building area: Material discrepancy requires direct CAD/plans, survey, appraisal, or professional measurement.

What the seller must prove

  • Written whole-duplex conveyance confirmation

What we should verify next

  • Direct McLennan CAD parcel record
Open the full property review
Priority 32026-09-05

1200–1202 N 9th St

Current ask
$220,000USD
LISTING-STATED
Listing only · high support confidence
Why we believe this

Approximate current asking price.

Research current as of 2026-09-05

View source
Apparent units
2Dwelling units
LISTING-STATED
Multi source corroboration · high support confidence
Why we believe this

Physical duplex configuration is strongly supported; legal use remains unknown.

Research current as of 2026-09-05

View sourceView source
Year built: 1922 · provenance
1922Year
LISTING-STATED
Multi source corroboration · high support confidence
Sources, caveats & notes

Strong secondary corroboration; direct authoritative record not archived.

Research current as of 2026-09-05

View sourceView source
Mixed 2BR 1BA and 3BR 1BA · USD per month total
Supported range$1,995–$2,575
$1,995$2,575

Screening center: $2,200 · medium-low support confidence

Asking-rent context. Executed rents remain UNKNOWN.

First unresolved question

Which parcel/account identifier controls?

Why it ranks

Priority 3 because the physical duplex configuration is strongly supported and the listing-stated rents are plausible from current asking-rent context. Lease expirations, address-to-rent mapping, parcel reconciliation, and lawful duplex use still gate owner occupancy.

Priority is a diligence sequence, not an investment recommendation.

What could change the case

  • Parcel identifier: Do not treat the identifiers as equivalent; direct CAD reconciliation is required.

What the seller must prove

  • Both executed leases

What we should verify next

  • Direct McLennan CAD account and parcel identifier
Open the full property review

Watch list & separate mandate

Watch

2208 Cumberland Ave

What is the exact physical bedroom/bathroom schedule by unit?

Defer paid diligence until unit schedule and leases resolve basic configuration and income questions

Watch

3412 Brook Cir

What is the direct CAD parcel identifier?

Defer paid diligence until configuration and leases resolve basic fit and income questions

Separate watchlist

3000 Ethel six-unit portfolio

What are the exact three asset addresses and parcel/title relationships?

Not one six-unit apartment building and not a clean single-site substitute.

Tracked opportunities are research records, not unique buildings or a count of investable assets. The Ethel package includes Brook; do not sum their units or asks as distinct holdings.

What still prevents an investment decision?

Several acquisition-critical inputs are still unknown.

Executed rents, legal use, property-specific taxes and insurance, utilities, immediate CapEx, and the investor hurdle still require evidence or an explicit investor decision. Recurring reserves shown in scenarios are operating reserves, not total cash required to close.

Test the assumptions →