Great income-producing property's ready for its next owner! This well laid out 2 bedroom, 1 bathroom home sits on a spacious lot in the heart of a neighborhood that’s actively being revived. The home needs a little love, but the best part is that it stays rented, making it a solid option for investors looking for steady rental potential. Don’t miss this chance to add a cash-flowing property to your portfolio in a growing area of Waco!
| Room | Level | Size |
|---|---|---|
| Dining Room | Main | 0 x 0 |
| Living Room | Main | 0 x 0 |
| Bedroom | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
| Type | Single Family Residence |
| County | McLennan |
| Lot | 0.134 ac (5,837.04 sqft) |
| Annual Tax | $2,131 |
| Days on Market | 1 |
| District | Waco ISD |
| Elementary | JH Hines |
| Middle | GW Carver |
| High School | Waco |
| P&I (6.875%) | $499 |
| Est. Tax | $178 |
| Est. Total | $677/mo |
Great income-producing property's ready for its next owner! This well laid out 2 bedroom, 1 bathroom home sits on a spacious lot in the heart of a neighborhood that’s actively being revived. The home needs a little love, but the best part is that it stays rented, making it a solid option for investors looking for steady rental potential. Don’t miss this chance to add a cash-flowing property to your portfolio in a growing area of Waco!
Property Type
Residential
Sub Type
Single Family Residence
Status
Active
Bedrooms
2
Full Baths
1
Living Area
876 sqft
Lot Size
5,837.04 sqft
Lot (acres)
0.134
Stories
1
Year Built
1948
Community
$108/sqft
| Room | Level | Size |
|---|---|---|
| Dining Room | Main | 0 x 0 |
| Living Room | Main | 0 x 0 |
| Bedroom | Main | 0 x 0 |
| Primary Bedroom | Main | 0 x 0 |
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Annual Tax
$2,131
Total Principal
$76,000
Total Interest
$103,736
Total Loan Payment
$179,736
Payoff Date
June 2056
Est. Payment
$717
/month
Estimated only. Does not guarantee loan approval. Contact a licensed lender for accurate rates and terms. Rates change daily.
View Online
https://realtorkonda.com/property/waco-tx/borden/1140-faulkner-lane-76704
Contact: (469) 854-1352 · realtorkonda@gmail.com
Listed by Matthew Stufflebeam · CIF Real Estate Services, Inc. · 254-752-5885
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or NTREIS. © 2026 NTREIS. All rights reserved. Last updated May 22, 2026.
Listing Agent
Matthew Stufflebeam
CIF Real Estate Services, Inc.