99114 Royal is a 47-unit, fully renovated apartment community located in the established Hewitt/Woodway submarket of Waco, Texas. Originally constructed in 2000 and taken down to the studs in 2023, the property underwent an extensive $4.7 million renovation, which included all-new plumbing, electrical systems, insulation, and roofs. The result is a modern, boutique-style living environment featuring one- and two-bedroom units with updated finishes, newly installed central air conditioning, washer/dryer hookups, and off-street parking. The asset also offers ample green space, creating a pet-friendly community with restrictions in place.

Positioned near top-rated schools—Hewitt Elementary, Midway Middle School, and Midway High School—9114 Royal appeals to both young professionals and newly formed families looking for quality and convenience. Residents also benefit from easy access to nearby shopping, dining, and major roadways, enhancing livability and connectivity throughout the Waco metro area.

With average monthly rents of $1,439, the offering delivers strong in-place cash flow, long-term value, and additional upside through operations. The combination of thoughtful renovations, strategic location, and modern unit features positions 9114 Royal as a well-performing, low-maintenance investment in one of Waco’s most desirable residential corridors.