Property Attributes
- MLS#2881930
- TypeCommercial
- Listing Status Active
- CountyMCLENNAN
- CityWaco
- NeighborhoodBagby
- Zip76706
- StyleMulti Family
- Year Built1998
- Taxes$ 13535
- Price$ 1,800,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage6889
- Lot Size0.3659 Acres
Data Source:
Austin Board of REALTORS® (ABOR) as distributed by MLS GRID
Property Description
This well-maintained property is ideally situated in a highly sought-after location near Baylor University, offering excellent visibility and accessibility. Recent updates include a roof, fresh exterior paint, durable Hardiplank sheathing, modern vinyl plank flooring, security lighting, and updated entry pads. With these key improvements already completed, this property is well situated for investors. The property offers strong future potential, including the possibility of converting to condominiums and selling units individually down the line. Currently offering a solid 7% cap rate, this is an outstanding opportunity in a growing and vibrant area.
| Price History | |
|---|---|
| 5/20/2026 | Listed $2,000,000 |
| 7/8/2026 | 3$1,950,000 |
| 7/22/2026 | 6$1,850,000 |
| 9/14/2026 | 3$1,800,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Central |
| Cooling | Ceiling Fan(s),Central Air |
| Utilities | Cable Connected,Electricity Connected,High Speed Internet,Sewer Connected,Water Connected |
| Security Features | Fire Alarm,Security Lights,Smoke Detector(s) |
| Construction Materials | Brick,HardiPlank Type,Board & Batten Siding |
| Year Built | 1998 |
| View | None |
| Topography | Flat |
| Property Subtype | Multi Family |
| Tax Year | 2025 |
| Current Use | Multi-Family |
| Accessibility | None |
| County | McLennan |
| Net Operating Income | 140904 |
| Operating Expense | 31000 |
| New Construction | No |
| Property Type | Commercial Sale |
| Energy Efficient | None |
| Subdivision Name | Bagby |
| Building Features | Appliances |
| Green Sustainability | None |
| Other Structures | None |
| Status | Active |
| Directions | Exit IH 35. Head SE on 8th St. Property will be on your left. SE corner of 8th and Wood Ave. |
| City | Waco |
| Disclosures | None |
| MLS Area | Out of Area |
| Lot Size Square Feet | 15938.6 |
| Tax Annual Amount | 13535.24 |
| Property Condition | Updated/Remodeled |
| Additional Parcels Y/N | No |
| Leasable Area | 6880 |
| Lease Type | Fixed |
| Standard Status | Active |
| Year Built Source | Public Records |
| Tax Assessed Value | 602000 |
Interior Features
| Flooring | Carpet,Tile,Vinyl |
|---|
Exterior Features
| Parking Features | Common,Concrete |
|---|---|
| Water Source | Public |
| Total Parking | 10 |
| Number of Buildings | 1 |
| Building Area Total | 6889 |
| Lot Size Acres | 0.3659 |
| Lot Size Source | Public Records |
| Waterfront Y/N | No |
| Other Equipment | None |
| Horse Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Copyright © MFRMLS.com All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated Last updated on September 26, 2026 9:56 AM UTC The listing information on this page last changed on Last updated on September 26, 2026 9:56 AM UTCd. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of MFR MLS.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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.
Updated on September 26, 2026 9:56 AM UTC
The information being provided by Houston Association of REALTORS, Inc. is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Houston Association of REALTORS, Inc. This web site may reference real estate listing(s) held by a brokerage firm other
Austin Board of REALTORS® Copyright ©2026 All rights reserved.
© 2026 Greater Alabama MLS. 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. IDX content is not guaranteed accurate by the MLS or Numen Realty Advisors. Data last updated: September 26, 2026 9:40 AM UTC
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating