Stabilized
$750,000
8-Unit Multifamily in Waco, TX
TX · listed Jan 17, 2026 (284 days)
Price per unit compared
This property$94K
Within ~40 mi (62)$77K
Texas median (1,196)$92K
- $/unit
- $93,750
- ▲ 2% vs TX · 51st pct
- Cap rate
- —
- Gross yield
- 9.4%
- Units
- 8
- 1 bldg · 2014
Financials
- Asking price
- $750,000
- Price per unit
- $93,750
- Price per sq ft
- $124
- Gross rent / year
- $70,200
- Net operating income
- Not stated
- NOI per unit
- Not stated
- Cap rate
- Not stated
- Gross yield
- 9.4%gross rent ÷ price
- Occupancy
- Not stated
As stated by the seller. Verify during due diligence.
Building
- Units
- 8
- Unit mix
- 2 Efficiency Units, 2 - 1 BR Units & 4 - 2 BR Units
- Buildings
- 1
- Year built
- 2014
- Building size
- 6,050 sq ft
- Avg unit size
- 756 sq ft
- Lot size
- Not stated
- Condition
- Stabilized
Deal terms
- Owner financing
- Not stated
Listing
- Listed
- Jan 17, 2026
- Days on market
- 284 days
- On MultifamilyRadar
- Oct 28, 2026
- Last price change
- Not stated
- Location
- Approximate (~0.5 mi)
- Listing #
- 2027
About this property
8 Units located in a 2-Story 1 Building Apartment Property. Unique property located in residential neighborhood that is in proximity to Baylor University. 2 Efficiency Units, 2 - 1 BR Units & 4 - 2 BR Units. Nice large parking area in rear of building. Units have varying lease rates that range from $495 to $850 per unit per month. All units are currently leased till 7-2027. Leases & appliances convey with sale of property. All information assumed to be correct & subject to verification by any applicable party.
Multi-family
Location
Approximate area. The exact address is shared on request.
Similar buildings nearby
| Property | Price | $/unit$/unit vs median | Cap |
|---|---|---|---|
 Waco, TXNew | $1.8M | $360K$360K | — |
 Waco, TXStabilized | $1.45M | $145K$145K | — |
 Waco, TXStabilized | $1.1M | $122K$122K | 7.7% |
 Waco, TX | $495K | $83K$83K | 9.4%gy |
 Waco, TXStabilized | $850K | $71K$71K | — |
 Waco, TXStabilized | $2.35M | $147K$147K | 7% |