Baylor parents and alumni,
We are offering a rare investment opportunity in downtown Waco just minutes from Baylor University. The property consists of three custom-built homes that together create four separate short-term rental units, all designed and constructed to extremely high standards.
This is not a typical rental property the homes were built with long-term durability, timeless design, and premium materials in mind.
Property Highlights
3 custom homes / 4 separate STR units
Fully gated property with circular drive and private parking
Room to develop an additional unit in the back
Located minutes from Baylor campus and downtown Waco
All units licensed as short-term rentals with the City of Waco and currently active on Airbnb and Vrbo
Could easily be positioned as a boutique hotel concept
Construction & Design Features
These homes were built well above typical construction standards:
Solid core interior doors
Custom iron exterior doors with Emtek hardware
2x6 and 2x8 wall construction with 5/8" drywall throughout
Fully spray-foamed wall cavities for insulation and efficiency
Custom white oak cabinetry
SMEG refrigerators
ZLINE gas ranges
Big Ass Fans
Standing seam metal roofs
Bevolo gas lanterns
Flexible Ownership Structure
The property is currently held in an LLC and offers flexibility with O-2 zoning, allowing multiple possibilities:
Continue operating as short-term rentals
Convert portions to office or professional space
Condo conversion potential
Boutique hospitality concept
Why This Works Well for Baylor Families
Many Baylor parents look for ways to own a place in Waco while their student is in school, and this property provides both personal use and strong income potential from Baylor events, football weekends, graduation, and visiting families.
The quality construction and timeless materials also make this a property designed to hold value long term, rather than a typical investor flip.
If any Baylor parents or alumni investors would like more details on the property, income history, or development potential, feel free to message me. Happy to share additional information and photos.
Sic 'em!
Cameron & Jessie Bell
C: 214.636.1690
Home Listed For Sale with Cromwell Commercial Group
We are offering a rare investment opportunity in downtown Waco just minutes from Baylor University. The property consists of three custom-built homes that together create four separate short-term rental units, all designed and constructed to extremely high standards.
This is not a typical rental property the homes were built with long-term durability, timeless design, and premium materials in mind.
Property Highlights
3 custom homes / 4 separate STR units
Fully gated property with circular drive and private parking
Room to develop an additional unit in the back
Located minutes from Baylor campus and downtown Waco
All units licensed as short-term rentals with the City of Waco and currently active on Airbnb and Vrbo
Could easily be positioned as a boutique hotel concept
Construction & Design Features
These homes were built well above typical construction standards:
Solid core interior doors
Custom iron exterior doors with Emtek hardware
2x6 and 2x8 wall construction with 5/8" drywall throughout
Fully spray-foamed wall cavities for insulation and efficiency
Custom white oak cabinetry
SMEG refrigerators
ZLINE gas ranges
Big Ass Fans
Standing seam metal roofs
Bevolo gas lanterns
Flexible Ownership Structure
The property is currently held in an LLC and offers flexibility with O-2 zoning, allowing multiple possibilities:
Continue operating as short-term rentals
Convert portions to office or professional space
Condo conversion potential
Boutique hospitality concept
Why This Works Well for Baylor Families
Many Baylor parents look for ways to own a place in Waco while their student is in school, and this property provides both personal use and strong income potential from Baylor events, football weekends, graduation, and visiting families.
The quality construction and timeless materials also make this a property designed to hold value long term, rather than a typical investor flip.
If any Baylor parents or alumni investors would like more details on the property, income history, or development potential, feel free to message me. Happy to share additional information and photos.
Sic 'em!
Cameron & Jessie Bell
C: 214.636.1690
Home Listed For Sale with Cromwell Commercial Group