Five-Unit Townhome Apartment
For Sale
$950,000
10 12 14 16 20 Addi Lane, Waco, TX 76705
CommercialSale, Waco, TX
Property SizeContact for details
Lot Size0.65 Acres
Days on Market59
Property Features for 10 12 14 16 20 Addi Lane
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
R
Parking features
Garage, Carport
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
Central, Electric (Heating)
Cooling system
Electric, Central Air, Ceiling Fan(s)
Water source
Public
Building Details
Year built
2007
Floors in Building
2
Number of units
5
Flooring type
Tile, Carpet
Building materials
Brick
Roof type
Composition
Listing Agency:
Texas Luxury and Land
(254) 749-2175
Listed By:
Kolbey Carpenter · License #715403
(254) 300-5101
Added: Aug 12
Changed: Sep 17
Last Checked: Oct 9 at 11:06PM
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 property includes five townhomes located within the same complex. The unit mix comprises three three-bedroom, two-bath homes measuring 1,520 square feet each, plus two one-bedroom, one-bath homes of 738 square feet each. Built in 2007, the buildings feature brick construction, tile and carpet flooring, central heating and cooling, and a combination of carport and garage parking. All five units received new roofs in July 2025.
The units are occupied, with tenants responsible for all utilities. Four homes are subject to long-term leases, while one is leased month to month. The property occupies 0.648 acres and is near I-35, TSTC Technical College, and Downtown Waco. Public water and public sewer serve the property.
The units are occupied, with tenants responsible for all utilities. Four homes are subject to long-term leases, while one is leased month to month. The property occupies 0.648 acres and is near I-35, TSTC Technical College, and Downtown Waco. Public water and public sewer serve the property.
Key Highlights
- 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
Property Analytics
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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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick construction with new roofs and a mixed one- and three-bedroom unit configuration.
Where is this apartment building 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 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
