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    Waco, TX Apartment Buildings for Sale

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    Woodway, TX Beverly Hills, TX Robinson, TX
    15 results
    Waco Apartment Near Baylor
    $750,000
    0.43 Acres

    Waco Apartment Near Baylor

    1100 Placid Circle, Waco, TX 76706

    Two-story, eight-unit apartment building near Baylor University.

    • Proximity to Baylor University makes this an ideal investment.
    • Eight‑unit apartment building featuring a mix of efficiency, 1 BR, and 2 BR units.
    • Leases in place through 2026 and 2027 providing immediate income.
    • All appliances included in the sale.
    • Ample parking in the rear of the building.
    Updated: Jan 21
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    Five Townhomes in Waco, Texas
    $950,000
    0.65 Acres

    Five Townhomes in Waco, Texas

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

    Five townhomes near I-35, TSTC, and Downtown Waco.

    • Rare opportunity: Acquire five townhomes in one complex, a value‑add for multifamily investors.
    • Three spacious 3 bed, 2 bath units (1,520 SF each) and two 1 bed, 1 bath units (738 SF each).
    • New roof on all units as of July 2025.
    • Convenient location near I‑35, TSTC Technical College, and Downtown Waco.
    • All units are occupied, and tenants pay all utilities.
    Updated: Sep 26, 2025
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    Multi-Unit Property in Waco, TX
    $595,000

    Multi-Unit Property in Waco, TX

    Multi-building property with diverse unit mix, redevelopment potential.

    1702 Ethel Avenue, Waco, TX 76707
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    Waco Multifamily Investment Opportunity
    $849,900
    6,480 SF

    Waco Multifamily Investment Opportunity

    Well-maintained 12-unit apartment building near downtown Waco.

    501 North 12th Street, Waco, TX 76701
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    Waco Multifamily Investment Opportunity
    $849,900
    7,144 SF

    Waco Multifamily Investment Opportunity

    12-unit apartment complex in Waco's growing rental market.

    1926 Colcord Avenue, Waco, TX 76707
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    Multifamily Property Near Baylor University
    $2,000,000

    Multifamily Property Near Baylor University

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

    1902 S 8th St, Waco, TX 76706
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    Waco Multifamily Investment Opportunity
    $1,450,000
    8,500 SF

    Waco Multifamily Investment Opportunity

    10-unit townhome complex near Baylor University with upside potential.

    1400 Park Avenue, Waco, TX 76706
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    Lofts at Wood Multifamily Property
    $700,000
    4,250 SF

    Lofts at Wood Multifamily Property

    Off-campus housing near Baylor University with stable investment profile.

    700 Wood Ave, Waco, TX 76706
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    Waco Multifamily Value-Add Opportunity
    $3,900,000

    Waco Multifamily Value-Add Opportunity

    49-unit apartment complex in Waco, Texas with value-add potential.

    6701 May Drive, Waco, TX 76710
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    49-Unit Multifamily Property in Waco
    Contact for pricing

    49-Unit Multifamily Property in Waco

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

    6701 May Dr, Waco, TX 76710
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    Multifamily Portfolio in Landon Branch
    $4,050,000
    72,616 SF

    Multifamily Portfolio in Landon Branch

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

    21 Addi Lane, Waco, TX 76705
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    Waco Multifamily Investment Opportunity
    Contact for pricing

    Waco Multifamily Investment Opportunity

    374-bed multifamily property in Downtown Waco near Baylor University.

    215 Washington Ave, Waco, TX 76701
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    Waco Multifamily Property For Sale
    Contact for pricing
    12,896 SF

    Waco Multifamily Property For Sale

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

    701 N New Rd, Waco, TX 76710
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    Mid-Century Modern Highrise Condo
    $279,900
    1,538 SF

    Mid-Century Modern Highrise Condo

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

    4924 Cobbs Drive #5C, Waco, TX 76710
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    Student Housing Near Baylor University
    Contact for pricing

    Student Housing Near Baylor University

    Apartment complex near Baylor University with 24 bedrooms.

    2007 S 15th St, Waco, TX 76706
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    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 15 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Hillsboro Multifamily Investment Opportunity
    $1,395,000
    1,000 SF

    Hillsboro Multifamily Investment Opportunity

    20-unit apartment complex in downtown Hillsboro, renovated in 2021.

    208 N Church Street, Hillsboro, TX 76645
    View details
    Turnkey Income-Producing Multifamily Property
    $509,000
    5,288 SF

    Turnkey Income-Producing Multifamily Property

    Fully occupied 8-unit multifamily property in Killeen, Texas.

    4400 Lake, Killeen, TX 76543
    View details
    Killeen Duplex with Garages
    $319,000
    2,276 SF

    Killeen Duplex with Garages

    Well-maintained duplex with upgrades and two-car garage.

    913 Mcdaniel Circle, Killeen, TX 76543
    View details
    Hillsboro Multifamily Investment Opportunity
    $1,395,000
    15,250 SF

    Hillsboro Multifamily Investment Opportunity

    20-unit apartment complex in downtown Hillsboro, renovated in 2021.

    208 Church Street, Hillsboro, TX 76645
    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Norman Land For Luxury Condos
    $285,000
    0.74 Acres

    Norman Land For Luxury Condos

    Prime Norman land suitable for luxury condos development.

    801 NW 36th Avenue, Norman, OK 73072
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    Buildable Lot for Luxury Condos
    $285,000
    0.74 Acres

    Buildable Lot for Luxury Condos

    0.74 acre buildable lot zoned for low-density apartments.

    801 36th Ave NW, Norman, OK 73072
    View details
    Prime Development Land, Springfield MO
    $2,850,000
    29.20 Acres

    Prime Development Land, Springfield MO

    29.2 acres of retail-zoned land for mixed-use development.

    N West Bypass, Springfield, MO 65802
    View details
    Ocean Springs Highway 90 Land
    $675,000
    143,748 SF

    Ocean Springs Highway 90 Land

    3.3 acre commercial land on Highway 90, Ocean Springs.

    Bienville Blvd, Ocean Springs, MS 39564
    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
    18,200 SF Lot: 0.97 Acres
    Value Estimation by Request

    6501 May Dr, Waco, TX 76710

    View details
    1926 Colcord Ave
    Multifamily properties
    7,144 SF Lot: 0.38 Acres

    1926 Colcord Ave, Waco, TX 76707

    View details
    512 Daughtrey Ave
    Multifamily properties
    Value Estimation by Request

    512 Daughtrey Ave, Waco, TX 76706

    View details
    404 Craven Ave
    Multifamily properties
    22,980 SF
    Value Estimation by Request

    404 Craven Ave, Waco, TX 76705

    View details
    6601 May Dr
    Multifamily properties
    40,600 SF
    Value Estimation by Request

    6601 May Dr, Waco, TX 76710

    View details
    501 12Th St
    Multifamily properties
    6,480 SF Lot: 0.32 Acres

    501 12Th St, Waco, TX 76701

    View details
    2007 15Th St
    Multifamily properties

    2007 15Th St, Waco, TX 76706

    View details
    2627 Sanger Ave
    Multifamily properties
    Value Estimation by Request

    2627 Sanger Ave, Waco, TX 76707

    View details
    512 Daughtrey Ave
    Multifamily properties
    1,123 SF Lot: 0.84 Acres
    Value Estimation by Request

    512 Daughtrey Ave, Waco, TX 76706

    View details

    Waco, TX Apartment Buildings Investment Opportunities Market Analysis

    Explore 26 apartment buildings for sale in Waco, TX, showcased through 15 active listings on our real estate platform. These investment opportunities span a total of 100,528 square feet of properties for sale, with an estimated market value of $8,179,700.

    Sale prices for two-family homes in Waco, TX start at $279,900, averaging $1,363,283, and reaching up to $4,050,000 — 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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    Property Size Breakdown

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

    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 median listing prices of real estate assets

    Neighborhood Average Price
    76707 $722.5K
    76701 $849.9K
    76706 $1.2M
    76710 $2.1M
    76705 $2.5M

    Taxes & Financing

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

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