Income Property Near Baylor
3008 S 3rd Street, Waco, TX 76706
- Added:
- Apr 16, 2026
- Days on Market:
- 46
- Last Refresh:
- May 31 at 12:06 pm
Property Features for 3008 S 3rd Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 5
- Bathrooms
- 6
- Rooms
- Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
- Parking
- 5
- Patio and Porch features
- Patio, Porch
- Interior features
- 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
- Exterior features
- Covered Patio/Porch, Fence
- Fencing
- Fenced
- Appliances
- Cooktop, Cooktop - Electric, Dishwasher, Dryer, Garbage Disposer, Microwave, Refrigerator, Washer
- Standard status
- Active
- APN
- 480210000010009
- Lot size
- 0.55 Acres
Utilities
- Heating system
- Electric (Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 2023
- Floors in Building
- 2
- Flooring type
- Tile, Tile - Ceramic, Vinyl
- Building materials
- Board & Batten Siding
- Roof type
- Composition
- Architectural style
- Other
Listing agent Tiffanye Harrell License #0673632 (254) 776-0000
Listing office Coldwell Banker Apex, REALTORS 500 N Valley Mills Drive, Waco, TX (254) 776-0000
Listing date Apr 16, 2026
MLS# 21178226
Listing URL
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.
HighLights
- High Income Potential: Leased at $1,000 per bedroom with tenant‑paid utilities, plus income from a separate casita.
- Expansion Potential: Large 0.55 acre lot zoned R‑1B allows for duplicating the existing structure.
- Fully Furnished & Turnkey: Each bedroom is fully furnished, appealing to student renters.
- Prime Location Near Baylor University: Highly desirable location for student rentals.
- High‑End Finishes & Appliances: Features granite countertops, stainless steel appliances, and all appliances included.
- Energy Efficient Construction: Foam insulation and 2x6 exterior walls for enhanced energy performance.
Overview
This income-producing property is located near Baylor University. The main home includes 4 bedrooms, each with a private ensuite bath, plus a half bath. A separate 1-bed, 1-bath casita provides additional rental income potential or flexibility for short term leasing. Each bedroom is fully furnished with a full-size bed, nightstand, desk, and custom closet organizers. The kitchen features granite countertops, stainless steel appliances, bar stools, and all appliances convey including a refrigerator, washer, and dryer. The home includes foam insulation and 2x6 exterior wall construction. Additional features include a Ring security system, sprinkler system, and 5 dedicated parking spaces. The property is fully fenced with an iron gate with keypad entry. Situated on a 0.55 acre lot, zoned R-1B (short-term rental eligible), this property offers expansion potential. The property is currently leased at $1,000 per bedroom, with tenants sharing utilities.
Property Profile
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Waco
- County
- McLennan
- State
- Texas
- Longitude
- -97.101132
- Latitude
- 31.53497
Nearby Similar for Sale
FAQs
What type of property is this?
Multifamily property - Fully furnished income property near Baylor, expansion potential on 0.55-acre lot.
Where is this multifamily property located?
The property is located at 3008 S 3rd Street Waco, TX.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: High Income Potential: Leased at $1,000 per bedroom with tenant‑paid utilities, plus income from a separate casita.; Expansion Potential: Large 0.55 acre lot zoned R‑1B allows for duplicating the existing structure.; Fully Furnished & Turnkey: Each bedroom is fully furnished, appealing to student renters.
