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    Waco, TX Apartment Buildings for Sale

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    20-Unit Duplex Apartment Community
    Updated: Jan 5
    20-Unit Duplex Apartment Community

    2300-2338 Century Drive, Waco, TX 76712

    $4,250,000
    21,950 sqft 2.28 AC lot
    20 units across 10 duplex buildings on 2.2765 acres
    Unit mix includes 10 2‑bedroom‑2‑bath and 10 3‑bedroom‑2‑bath residences
    21,950 square feet; constructed in 2018
    Covered assigned parking and fenced grounds
    Across from Hewitt Elementary School in Midway ISD
    View details
    Five-Unit Townhome Apartment Building
    Updated: Aug 12
    Five-Unit Townhome Apartment Building

    10,12,14,16 20 Addi Lane, Waco, TX 76705

    $950,000
    0.65 AC lot
    Five townhomes within the same complex
    Unit mix includes three 3 bed 2 bath units at 1,520 SF each and two 1 bed 1 bath units at 738 SF each
    All units have new roofs as of July 2025
    Four units carry long term leases; one unit is MTM
    Units stay occupied, with tenants paying all utilities
    View details
    Apartment Building with Hardwood Floors
    Apartment Building with Hardwood Floors

    1521 Barnard Street, Waco, TX 76701

    $495,000
    0.37 AC lot

    Multi-unit property near Baylor University and downtown Waco with public water and sewer service.

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    See hot listings in Waco

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

    Cap Rate available after sign in
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    5-Unit Townhome Apartment Building
    5-Unit Townhome Apartment Building

    10,12,14,16 20 Addi Ln, Waco, TX 76705

    $950,000
    6,036 sqft

    Occupied units with tenant-paid utilities and recently replaced roofing support straightforward operations.

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    Multifamily Property Near Baylor University
    Multifamily Property Near Baylor University

    1902 S 8th St, Waco, TX 76706

    $1,800,000
    6,889 sqft

    Well-maintained multifamily property near Baylor University with recent updates.

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    Waco Multifamily Property For Sale
    Waco Multifamily Property For Sale

    701 N New Rd, Waco, TX 76710

    Contact for pricing
    12,896 sqft 0.59 AC lot

    Renovated multifamily property in Waco, Texas, with modern upgrades.

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    Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads
    49-Unit Renovated Apartment Property
    49-Unit Renovated Apartment Property

    6701 May Dr, Waco, TX 76710

    Contact for pricing
    39,200 sqft

    Renovated interiors and upgraded common areas complement recent site and building improvements.

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    Mid-Century Modern Highrise Condo
    Mid-Century Modern Highrise Condo

    4924 Cobbs Drive #5C, Waco, TX 76710

    $279,900
    1,538 sqft

    Impressive 2-bedroom condo with amenities in Waco's Lake Highlands.

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    Multifamily Portfolio in Landon Branch
    Multifamily Portfolio in Landon Branch

    21 Addi Lane, Waco, TX 76705

    Contact for pricing
    72,616 sqft

    24-unit multifamily portfolio in Waco's Landon Branch neighborhood.

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    49-Unit Multifamily Property in Waco
    49-Unit Multifamily Property in Waco

    6701 May Dr, Waco, TX 76710

    Contact for pricing

    Value-add multifamily property with rental upside potential in Waco, Texas.

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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 10 Active listings in Waco, TX, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    8-Unit Apartment Building
    8-Unit Apartment Building

    4400 Lake, Killeen, TX 76543

    $500,000
    5,288 sqft 0.21 AC lot

    Fully occupied property offers one-bedroom residences with central HVAC.

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    Occupied Apartment Building
    Occupied Apartment Building

    4400 Lake, Killeen, TX 76543

    $500,000
    5,288 sqft

    Eight residential units offer one-bedroom, one-bath layouts with central HVAC throughout.

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    15-Unit Golf-Course Apartment Complex
    15-Unit Golf-Course Apartment Complex

    14-28-17099 Trailwood Dr, Whitney, TX 76692

    $2,499,000

    White Bluff Resort’s dining and recreation amenities are available near the property on Lake Whitney.

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    15-Unit Apartment Complex
    15-Unit Apartment Complex

    17099 Trailwood Drive 14-28, Whitney, TX 76692

    $2,499,000

    Five buildings provide a consistent one-bedroom, one-bath layout within the White Bluff resort community.

    View details

    Off-Market Properties in Waco, TX

    Consider similar Off-Market properties in Waco, TX. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    6501 May Dr
    Multifamily properties

    6501 May Dr, Waco, TX 76710

    Estimated value: by Request
    18,200 sqft 0.97 AC lot
    View details
    1926 Colcord Ave
    Multifamily properties

    1926 Colcord Ave, Waco, TX 76707

    Estimated value: by Request
    7,144 sqft 0.38 AC lot
    View details
    512 Daughtrey Ave
    Multifamily properties

    512 Daughtrey Ave, Waco, TX 76706

    Estimated value: by Request
    View details
    404 Craven Ave
    Multifamily properties

    404 Craven Ave, Waco, TX 76705

    Estimated value: by Request
    22,980 sqft
    View details
    6601 May Dr
    Multifamily properties

    6601 May Dr, Waco, TX 76710

    Estimated value: by Request
    40,600 sqft
    View details
    501 12Th St
    Multifamily properties

    501 12Th St, Waco, TX 76701

    Estimated value: by Request
    6,480 sqft 0.32 AC lot
    View details
    2627 Sanger Ave
    Multifamily properties

    2627 Sanger Ave, Waco, TX 76707

    Estimated value: by Request
    View details
    512 Daughtrey Ave
    Multifamily properties

    512 Daughtrey Ave, Waco, TX 76706

    Estimated value: by Request
    1,123 sqft 0.84 AC lot
    View details
    Maximus St
    Multifamily properties

    0 Maximus St, Waco, TX 76712

    Estimated value: by Request
    1,675,361 sqft 38.46 AC lot
    View details
    7301 Sanger Ave
    Multifamily properties

    7301 Sanger Ave, Waco, TX 76712

    Estimated value: by Request
    55,656 sqft 3.36 AC lot
    View details

    Waco, TX Apartment Buildings Market Trends and Statistics

    Explore 21 apartment buildings for sale in Waco, TX, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 161,125 square feet of properties for sale, with an estimated market value of $8,724,900.

    Sale prices for apartment complexes in Waco, TX start at $279,900, averaging $1,454,150, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 190K
    Population Growth (5Y) +9.1%
    Median Household Income $56,965
    College Educated 22.7%

    High-Yield Neighborhoods for Investment

    Identify Waco submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Waco - 76701 $895K
    Woodway - 76712 $4.3M

    Taxes & Financing

    Tax Rate (average for all types) 1.91%
    Property Tax per SF $32.66 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLennan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale Residential Income pricing trends in McLennan County

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Waco fall within the 100,000+ square foot range.

    How Realmo verifies these figures

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    Most Searched ZIP Codes in Waco, TX

    • 76710
    • 76705
    • 76701
    • 76706
    • 76712
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