3204 N 24th St Waco, TX 76708
North Waco NeighborhoodEstimated payment $3,001/month
Highlights
- Wood Flooring
- 1-Story Property
- Central Heating and Cooling System
- Built-In Features
- Detached Carport Space
- 4-minute walk to North Waco Park
About This Home
Investment opportunity in the heart of North Waco. Located on the corner of N 24th Street and Edna Avenue, this 4-unit multifamily property offers stable income, strong rental demand, and easy access to nearby schools, shopping, and major employers. Each unit is individually metered and designed for low-maintenance operation — a solid addition to any investor’s portfolio. With continuous rental demand in this neighborhood and the ongoing growth throughout Waco, this corner property presents a compelling long-term hold or value-add opportunity. Whether you’re expanding your investment portfolio or stepping into multifamily ownership, this is a property worth serious consideration. Each unit is furnished and comes with a stove and refrigerator. This turnkey investment provides multiple income streams in one prime location. Schedule your private showing
Legal: MELBOURNE HTS Block P, Lots 8 & 9 (0.2032 + 0.2008 acres).
Listing Agent
Weichert, Realtors - The Eastland Group License #683066 Listed on: 12/05/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $2,965
Year Built
- Built in 1923
Lot Details
- 8,756 Sq Ft Lot
Parking
- Detached Carport Space
Home Design
- Pillar, Post or Pier Foundation
- Composition Roof
- Metal Roof
- Wood Siding
Interior Spaces
- 1-Story Property
- Built-In Features
- Ceiling Fan
Kitchen
- Electric Range
- Microwave
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- 4 Full Bathrooms
Laundry
- Dryer
- Washer
Schools
- Cedar Ridge Elementary School
- Waco High School
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Cable TV Available
Listing and Financial Details
- Legal Lot and Block 8 / P
- Assessor Parcel Number 480289000170003
Community Details
Overview
- 3 Buildings
- 4 Units
- 1,116 Sq Ft Building
- Melbourne Heights Subdivision
Building Details
- Gross Income $90,000
- Net Operating Income $70,000
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,827 | $131,860 | $17,140 | $114,720 |
| 2024 | $2,827 | $125,320 | $17,140 | $108,180 |
| 2023 | $2,489 | $111,000 | $17,140 | $93,860 |
| 2022 | $2,613 | $103,790 | $14,870 | $88,920 |
| 2021 | $1,538 | $57,850 | $7,520 | $50,330 |
| 2020 | $1,377 | $50,770 | $7,080 | $43,690 |
| 2019 | $1,326 | $47,120 | $6,820 | $40,300 |
| 2018 | $1,300 | $45,730 | $6,470 | $39,260 |
| 2017 | $1,253 | $43,970 | $6,210 | $37,760 |
| 2016 | $983 | $34,490 | $6,120 | $28,370 |
| 2015 | $1,026 | $37,370 | $5,860 | $31,510 |
| 2014 | $1,026 | $36,470 | $7,000 | $29,470 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/05/2025 12/05/25 | For Sale | $525,000 | -- | $470 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $129,150 | New Conventional |
About the Listing Agent
Based in Waco, Texas, Ken Castello is a trusted real estate professional known for his local expertise, straight talk, and commitment to client success. As the Broker and Owner of Weichert Realtors – The Eastland Group, Ken leads a dedicated team focused on delivering results through knowledge, integrity, and hard work.
With years of experience in the Central Texas market, Ken has built his reputation on helping clients make confident decisions — whether buying their first home, selling
Kenneth's Other Listings
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21126701
APN: 48-028900-017000-3
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