Welcome to this exceptional 5 bedroom, 6 bathroom property nestled on over 1.6 acres of prime real estate, just minutes away from Baylor University. Zoned as R-3b, this versatile property offers an array of possibilities for savvy investors and homeowners alike. This spacious residence boasts five generously sized bedrooms, each featuring its own master en-suite bathroom. The property has a proven track record of rental success, accommodating Baylor students, athletes, and even serving as a long-term housing solution for an out-of-town construction company. The potential for rental income or multifamily living is undeniable. Beyond its immediate use as a comfortable and convenient living space, the zoning allows for the development of various housing options, including townhouses, multiple-family dwellings, single-family attached (zero lot line) dwellings, two-family duplexes, and more. This flexibility opens the door to countless investment possibilities. Situated on over 1.6 acres of land, this property offers ample space for expansion, landscaping, or other creative ventures. The proximity to Baylor University ensures a steady demand for housing, making it an ideal location for investors seeking long-term returns. With the right vision and execution, this property presents an incredible opportunity for the next owner. Whether you're looking to capitalize on the rental market, explore multifamily development, or create a unique residential oasis, this property has the potential to become a lucrative and remarkable investment. Don't miss your chance to own a piece of prime real estate in this thriving community!