This three-bedroom, one bath home with an additional ADU Studio Apartment backhouse totals approximately 1800 sqft and is quite the find in Waco, TX! Located in the heart of Uptown Waco and adjacent to the desirable Castle Heights neighborhood, this charming and versatile property offers timeless character, modern updates, and proven income potential. The three-bedroom, one-bath main home features original hardwood floors, custom woodwork, and marble countertops highlighting the home’s classic craftsmanship. A tastefully remodeled bathroom adds modern comfort, while maintaining the historic charm throughout. The property also includes a one-bedroom, one-bath guest house that is currently rented, offering an excellent opportunity for rental income, use as a private mother-in-law suite, or flexible living space. The main house is roughly 1380 square feet and the guest house is roughly 444 square feet for an approximate total property square footage of 1824.
Mature trees in both the front and backyard provide excellent shade and create a peaceful outdoor setting, complemented by an attached covered patio in the backyard—perfect for relaxing or entertaining.
Both the main house and guest house are currently rented at rates of $1495 per month and $850 per month respectively, not including utilities. With a strong history of continuous occupancy over the past ten years, this is an attractive option for investors seeking a stable, income-producing property. For owner-occupants, the setup allows the option to live in the main home while offsetting expenses with rental income from the back house, all while enjoying a walkable lifestyle close to popular coffee shops, restaurants, and local amenities in one of Waco’s most sought-after neighborhoods.
Whether you are looking for a solid investment, a primary residence with supplemental income, or a multi-generational living arrangement, this Uptown Waco property offers exceptional flexibility, location, and long-term value.