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 · OrientReview the current shortlist
Start with the three priority properties below. Priority means diligence sequence, not a purchase recommendation.
02 · CompareCompare price, configuration, rent support, conflicts, and missing seller evidence on the same basis.
03 · Stress testTest rent and operating assumptions without changing the underlying research record.
04 · VerifyOpen 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
Current ask$360,000USD
LISTING-STATED
Listing only · high support confidenceWhy we believe this
Active asking price, not a value conclusion.
Research current as of 2026-09-05
View source Apparent units4Dwelling units
LISTING-STATEDCONFLICT FLAG
Multi source corroboration · high support confidenceWhy 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 confidenceSources, caveats & notes
Consistent secondary sources; direct authoritative record not archived.
Research current as of 2026-09-05
View sourceView sourceWhole property · USD per monthSupported range$3,650–$4,300
$3,650$4,300
Screening center: $3,900–$4,000 · medium support confidence
ESTIMATEDTotal rent evidence
$3,650–$4,300USD per month
ESTIMATED
Analyst estimate · medium support confidenceWhy 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 confidenceWhy 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 unitSupported range$725–$900
$725$900
Screening center: $800–$825 · medium-low support confidence
2BR/1BA · USD per month per unitSupported 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 questionAre 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
What we should verify next
- McLennan CAD account sheet, ownership, and exemptions
Open the full property review ↗Priority 22026-09-05
Current ask$289,900USD
LISTING-STATED
Listing only · high support confidenceWhy we believe this
Approximate current ask after September 3 reduction.
Research current as of 2026-09-05
View source Apparent units2Dwelling units
DERIVED
Model derived · high support confidenceWhy 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 confidenceSources, caveats & notes
Strongly corroborated secondary field; direct record not archived.
Research current as of 2026-09-05
View sourceView source3BR/2BA · USD per month per sideSupported 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 questionDoes 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
Current ask$220,000USD
LISTING-STATED
Listing only · high support confidenceWhy we believe this
Approximate current asking price.
Research current as of 2026-09-05
View source Apparent units2Dwelling units
LISTING-STATED
Multi source corroboration · high support confidenceWhy 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 confidenceSources, caveats & notes
Strong secondary corroboration; direct authoritative record not archived.
Research current as of 2026-09-05
View sourceView sourceMixed 2BR 1BA and 3BR 1BA · USD per month totalSupported 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 questionWhich 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
What we should verify next
- Direct McLennan CAD account and parcel identifier
Open the full property review ↗Watch list & separate mandate
WatchWhat is the exact physical bedroom/bathroom schedule by unit?
Defer paid diligence until unit schedule and leases resolve basic configuration and income questions
WatchWhat is the direct CAD parcel identifier?
Defer paid diligence until configuration and leases resolve basic fit and income questions
Separate watchlistWhat 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 →