5-Unit Townhome Multifamily
For Sale
$950,000
10 12 14 16 20 Addi Lane, Waco, TX 76705
COMMERCIAL - Waco, TX
Property SizeContact for details
Lot Size0.65 Acres
Days on Market12
Property Features for 10 12 14 16 20 Addi Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
R
Parking features
Carport, Garage
Subdivision
SKY VIEW ADD
Lot features
Few Trees
Directions
See GPS.
Standard status
Active
APN
356922
Lot size
0.65 Acres
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Electric, Central Air
Water source
Public
Building Details
Year built
2007
Floors in Building
2
Number of units
5
Flooring type
Carpet, Tile
Building materials
Brick
Roof type
Composition
Listing Agency:
Texas Luxury and Land
(254) 749-2175
Listed By:
Kolbey Carpenter
(254) 749-2175
Added: Aug 12
Changed: Aug 13
Last Checked: Aug 23 at 11:06AM
MLS# 21346566
Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily offering includes five townhome units within the same complex. Three residences contain 3 bedrooms and 2 bathrooms across 1,520 SF each, while the remaining two provide 1 bedroom and 1 bathroom in 738 SF each. Construction dates to 2007, with brick materials, carpet and tile flooring, central electric heating and cooling, ceiling fans, garages, and carports. Public water and sewer serve the property.
The units are occupied, and tenants pay all utilities. Four residences are under long-term leases, while one is leased month-to-month. All five units received new composition roofs in July 2025. The property is in Waco near I-35, TSTC Technical College, and Downtown Waco.
The units are occupied, and tenants pay all utilities. Four residences are under long-term leases, while one is leased month-to-month. All five units received new composition roofs in July 2025. The property is in Waco near I-35, TSTC Technical College, and Downtown Waco.
Key Highlights
- Five townhome units in one complex, with all units occupied
- Three 3‑bedroom, 2‑bath units at 1,520 SF each
- Two 1‑bedroom, 1‑bath units at 738 SF each
Property Analytics
Property Profile
Current Use
Lease Details
5
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
102
Businesses Nearby
Explore this area
Business Placement
Demographics for 76705, TX
31,736
Population
12,107
Households
2.6
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
118.6 sq mi
ZIP Area
268
Density / Sq Mi
$54,881
Median Household Income
$33,076
Median Earnings
$941
Median Rent
$167,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Occupied townhome units offer varied floor plans, tenant-paid utilities, and roofing completed in July 2025.
Where is this multifamily property located?
The property is located at 10 12 14 16 20 Addi Lane Waco, TX.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Five townhome units in one complex, with all units occupied; Three 3‑bedroom, 2‑bath units at 1,520 SF each; Two 1‑bedroom, 1‑bath units at 738 SF each
