$750,000

Estimated payment $4,986/month

Total Views 332
11 Beds
12 Baths
4,932 Sq Ft
$152 Price per Sq Ft

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.

Listing Agent

Collin Coats

Bentwood Realty License #686667 Listed on: 08/31/2025

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,166

Year Built

Built in 2001

Lot Details

0

Listing Details

  • OWNERNAME: 629 S 5TH ST LLC
  • Property Type: Residential Income
  • Property Sub Type: Triplex
  • Unit Levels: Two
  • Year Built Details: Preowned
  • Co List Office Mls Id: A8295177
  • Special Features: VirtualTour
  • Year Built: 2001

Interior Features

  • Interior Amenities: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, High Speed Internet, Open Floorplan
  • Flooring: Vinyl
  • Appliances: Dishwasher, Electric Range, Refrigerator, Vented Exhaust Fan
  • Basement YN: No

Beds/Baths

  • Full Bathrooms: 12
  • Total Bedrooms: 11

Exterior Features

  • Foundation: Slab
  • Community Features: Fenced Yard
  • Fencing: Wrought Iron
  • Roof: Composition
  • Construction Materials: Brick, Frame, Concrete
  • Pool Features: None
  • Waterfront: No
  • Patio And Porch Features: Front Porch, Covered

Garage/Parking

  • Cooling System: Central Air, Electric
  • Parking Features: Concrete, Drive Through, Driveway, Kitchen Level, Community Structure
  • Attached Garage YN: No
  • GarageYN: No

Utilities

  • Sewer: Public Sewer
  • Heating: Central, Electric
  • Utilities: Sewer Available, Water Available
  • Heating Yn: Yes

Schools

  • Elementary School: Provident Heights
  • High School: Waco
  • Junior High Dist: Waco ISD

Lot Info

  • Lot Features: Cleared, Few Trees
  • Lot Size Units: Acres
  • Lot Size Area: 0.227
  • Parcel Number: 480240000018009
  • Lot Size Acres: 0.227
  • Lot Size Sq Ft: 9888.12

Building Info

  • Year Built: 2001
  • Units Total: 3
  • SeniorCommunityYN: No

Multi Family

  • Insurance Expense: 1.0
  • Annual Gross Income: 1.0
  • Property Net Operating Income: 1.0

Tax Info

  • TaxBlock: B
  • Tax Lot: 14
  • Tax Annual Amount: 11166.0

MLS Schools

  • MiddleOrJuniorSchool: Tennyson

Map

Range of Values:

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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
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2025 08/31/25 For Sale $750,000 -- $152 / Sq Ft
Source: North Texas Real Estate Information Systems (NTREIS)

Purchase History

Date Type Sale Price Title Company
Vendors Lien -- None Available
Source: Public Records

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: Public Records

Source: North Texas Real Estate Information Systems (NTREIS)

MLS Number: 21043489

North Texas Real Estate Information Systems (NTREIS)

APN: 48-024000-001800-9