629 S 5th St Waco, TX 76706
Downtown Waco NeighborhoodEstimated payment $4,986/month
Highlights
- Open Floorplan
- Fenced Yard
- Central Heating and Cooling System
- Covered Patio or Porch
- Eat-In Kitchen
- Drive Through
About This Home
Triplex By Magnolia and Baylor - One minute from Magnolia, one minute from Baylor, and immediate access to all that downtown Waco has to offer sits this fully leased, beautifully updated and well-maintained triplex. In 2021 this triplex was wonderfully updated, including a new roof, all new HVAC systems, and new water heaters. The entire exterior and interior was freshly painted, including cabinetry and trim, in the renovations. Two units are downstairs while one unit is upstairs. Unit C downstairs is a 3 bedroom, 4 full bathroom unit and is fully remodeled, featuring stone countertops in the kitchen and bathrooms, modern tones, updated fixtures, stainless steel appliances, new interior door and cabinet hardware, and a cozy living room. Unit B is also on the first floor, featuring 4 bedrooms, 4 full bathrooms, bright tones, a breakfast bar, and plank flooring. Unit A is upstairs and similar to unit B it features 4 bedrooms, 4 full bathrooms, bright tones, a breakfast bar, and plank flooring. This triplex is an ultra rare opportunity to own an investment property of this quality in this location.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,166
Year Built
- Built in 2001
Lot Details
- 9,888 Sq Ft Lot
- Fenced Yard
- Wrought Iron Fence
- Cleared Lot
- Few Trees
Home Design
- Triplex
- Brick Exterior Construction
- Slab Foundation
- Frame Construction
- Composition Roof
- Concrete Siding
Interior Spaces
- 2-Story Property
- Open Floorplan
- Decorative Lighting
- Vinyl Flooring
Kitchen
- Eat-In Kitchen
- Electric Range
- Dishwasher
Bedrooms and Bathrooms
- 11 Bedrooms
- 12 Full Bathrooms
Parking
- Parking Accessed On Kitchen Level
- Drive Through
- Driveway
- Community Parking Structure
Outdoor Features
- Covered Patio or Porch
Schools
- Provident Heights Elementary School
- Waco High School
Utilities
- Central Heating and Cooling System
- Vented Exhaust Fan
- High Speed Internet
Listing and Financial Details
- Legal Lot and Block 14 / B
- Assessor Parcel Number 480240000018009
Community Details
Overview
- 3 Units
- 4,932 Sq Ft Building
- Huff Heirs Subdivision
Building Details
- Gross Income $1
- Net Operating Income $1
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 |
---|---|---|---|---|
2024 | $11,166 | $495,000 | $277,200 | $217,800 |
2023 | $12,178 | $520,000 | $247,500 | $272,500 |
2022 | $13,090 | $520,000 | $247,500 | $272,500 |
2021 | $9,000 | $338,520 | $148,500 | $190,020 |
2020 | $9,041 | $333,410 | $148,500 | $184,910 |
2019 | $9,042 | $321,410 | $148,500 | $172,910 |
2018 | $9,018 | $317,320 | $148,500 | $168,820 |
2017 | $9,644 | $338,340 | $148,500 | $189,840 |
2016 | $9,644 | $338,340 | $148,500 | $189,840 |
2015 | $7,581 | $154,570 | $4,550 | $150,020 |
2014 | $7,581 | $260,120 | $118,800 | $141,320 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
08/31/2025 08/31/25 | For Sale | $750,000 | -- | $152 / Sq Ft |
Purchase History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Vendors Lien | -- | None Available |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Open | $392,000 | Credit Line Revolving | |
Previous Owner | $1,454,000 | Stand Alone Refi Refinance Of Original Loan |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21043489

APN: 48-024000-001800-9
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