$574,000
$1M PRICE DROP

Estimated payment $3,159/month

Total Views 2,407
-- Bed
22 Baths
11,867 Sq Ft
$48 Price per Sq Ft

Highlights

  • Wood Flooring
  • 1-Story Property
  • Ceiling Fan
  • Window Unit Cooling System
  • Central Heating and Cooling System

About This Home

Incredible Turnkey Investment Portfolio – 3 Duplexes Across Waco! Exceptional opportunity to acquire a fully leased portfolio of 3 income-producing duplexes strategically located throughout Waco. Each property features separately metered units with primarily 1–2 bedroom, 1 bath floorplans, many of which have been updated and well maintained. This portfolio offers immediate, diversified cash flow with proven rental history and dependable tenants already in place. Combining strong income performance with long-term appreciation potential, this is a rare chance to secure a scalable investment footprint in one of Central Texas’s most dynamic and growing markets. An ideal opportunity for investors seeking stability, expansion, or a turnkey entry into Waco’s thriving rental market. Included properties
2913 Homan Ave – MLS #21090835
3412 Brook Circle – MLS #21090849
3000 Ethel Ave – MLS #21090839 Properties are available as a complete package or individually.

Listing Agent

Patricia Meadows

Graceland Real Estate License #0488304 Listed on: 10/21/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 8,276 Sq Ft Lot

Parking

  • No Garage

Home Design

  • Pillar, Post or Pier Foundation
  • Composition Roof

Interior Spaces

  • 22 Full Bathrooms
  • 11,867 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Window Treatments
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Luxury Vinyl Plank Tile

Schools

  • West Avenue Elementary School
  • Gw Carver Middle School
  • Waco High School

Utilities

  • Window Unit Cooling System
  • Central Heating and Cooling System
  • Space Heater
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 480424000749004

Community Details

Overview

  • 20 Units
  • 11,867 Sq Ft Building
  • University Hts Subdivision

Building Details

  • Gross Income $213,592

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • OWNERNAME: SIBLEY FAMILY INVESTMENTS LLC
  • Property Type: Residential Income
  • Unit Levels: One
  • Year Built Details: Preowned
  • Co List Office Mls Id: A8295680
  • HumanModifiedYN: Yes
  • UniversalParcelId: urn:reso:upi:2.0:US:48309:480424000749004
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Year Built: 1952

Interior Features

  • Square Footage: 11867.0
  • Windows: Window Coverings
  • Interior Amenities: Other
  • Flooring: Carpet, Luxury Vinyl Plank, Vinyl, Wood
  • Appliances: Gas Range
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 22

Exterior Features

  • Foundation: Pillar/Post/Pier
  • Roof: Composition
  • Construction Materials: Unknown
  • Pool Features: None
  • Waterfront: No

Garage/Parking

  • Cooling System: Central Air, Ceiling Fan(s), Electric, Window Unit(s)
  • Parking Features: No Garage
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric, Natural Gas, Space Heater
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: West Avenue
  • High School: Waco
  • Junior High Dist: Waco ISD

Lot Info

  • Lot Size Units: Acres
  • Lot Size Area: 0.19
  • Parcel Number: 480424000749004
  • Lot Size Acres: 0.19
  • Lot Size Sq Ft: 8276.4

Building Info

  • Year Built: 1952
  • Units Total: 20

Multi Family

  • Annual Gross Income: 213592.0

MLS Schools

  • MiddleOrJuniorSchool: GW Carver

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,917 $86,602 $16,420 $70,182
2024 $1,917 $85,000 $16,420 $68,580
2023 $1,906 $85,000 $16,420 $68,580
2022 $2,140 $85,000 $14,270 $70,730
2021 $1,655 $62,250 $8,580 $53,670
2020 $1,418 $52,280 $8,170 $44,110
2019 $1,411 $50,150 $7,840 $42,310
2018 $1,316 $46,320 $7,430 $38,890
2017 $1,107 $38,820 $7,100 $31,720
2016 $1,025 $35,970 $6,930 $29,040
2015 $1,180 $35,970 $6,770 $29,200
2014 $1,180 $41,920 $7,000 $34,920
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/15/2025 12/15/25 Sold -- -- -- View Prior Sale
12/15/2025 12/15/25 Price Changed $574,000 -50.3% $48 / Sq Ft
11/06/2025 11/06/25 Price Changed $1,155,000 -11.8% $97 / Sq Ft
11/03/2025 11/03/25 Price Changed $1,310,000 -23.6% $110 / Sq Ft
10/30/2025 10/30/25 Price Changed $1,715,000 -7.3% $145 / Sq Ft
10/30/2025 10/30/25 Pending -- -- --
10/21/2025 10/21/25 For Sale $1,850,000 +1056.3% $156 / Sq Ft
10/20/2025 10/20/25 For Sale $160,000 -- $98 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Vendors Lien -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $128,000 New Conventional
Previous Owner $420,750 Commercial
Source: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21090860

North Texas Real Estate Information Systems (NTREIS)

APN: 48-042400-074900-4