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3008 S 3rd Street , Waco, TX 76706

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Active
BEDS5 BATHS5 full 1 partial MLS#21178226
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONGurley D R Tr SCHOOLWaco ISD

Property Description

Prime Location. Proven Income. Expansion Potential.Exceptional investment opportunity near Baylor University! This fully furnished, income producing property is currently leased at $1,000 per bedroom, with tenants sharing utilities creating strong and consistent cash flow from day one.The main home offers 4 spacious bedrooms, each with a private ensuite bath, plus a convenient half bath for guests. A separate 1 bed, 1 bath casita provides additional rental income potential or flexibility for short term leasing.Each bedroom comes fully furnished with a full size bed, nightstand, desk, and custom closet organizers, making it turnkey and highly attractive to student renters. The kitchen features high end finishes including granite countertops, stainless steel appliances, bar stools, and all appliances convey including refrigerator, washer, and dryer.Built for efficiency and durability, the home includes foam insulation and 2x6 exterior wall construction, enhancing energy performance and long-term value. Additional features include a Ring security system, sprinkler system, and 5 dedicated parking spaces.The property is fully fenced for privacy and security, featuring a beautiful iron gate with keypad entry, offering both curb appeal and controlled access.Situated on a generous 0.55 acre lot, zoned R-1B (short-term rental eligible), this property offers rare expansion potential ample space to duplicate the existing structure and potentially double income.Whether you’re looking to house hack, expand your rental portfolio, or capitalize on the thriving Baylor market, this is a strategic investment opportunity you don’t want to miss.

3008 S 3rd Street | MLS# 21178226

This multi-family property located at 3008 S 3rd Street , Waco, TX 76706 is currently listed for sale with an asking price of call for price. S 3rd Street is located within the Waco ISD school district. Search Waco real estate on calmarshall.kellyrealtors.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air
Heating: Electric
Lot Size: 0.55 Acres
Roof Type: Composition
Year Built: 2023

Amenities

Decorative Lighting
Eat-in Kitchen
Granite Counters
High Speed Internet Available
In-Law Suite Floorplan
Smart Home System
Vaulted Ceiling(s)
Walk-In Closet(s)
Second Primary Bedroom
Covered Patio/Porch

Feature Descriptions

Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
Days on Site: 20
Exterior: Board & Batten Siding
Fencing: Back Yard, Full, Wood, Wrought Iron
Flooring: Ceramic Tile, Luxury Vinyl Plank
Parcel#: 480210000010009
Parking: Asphalt
Parking Notes: Asphalt
Patio/Porch: Covered
Security: Gated Community, Security Gate, Security System, Security System Owned, Smoke Detector(s)
Units: 2
Utilities: City Sewer, City Water
Window: Window Coverings

Local Schools

Elementary School: South Waco
School District: Waco ISD

Listed By / Shown By

Listed By

Agency Name: Coldwell Banker Apex, REALTORS
Agent Name: Tiffanye Harrell

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Shown By

Agent Name: Cal Marshall
Agent Phone: (254) 447-0984
Agency Title: Kelly, Realtors

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Estimated Payment

$ 0.00 per month $0.00 Principal & Interest $0.00 Property Tax (data not provided by mls) $0.00 Homeowner's Insurance

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