Baylor-Area Multifamily
For Sale
Contact for pricing
1722 S 11th St, Waco, TX 76706
Multifamily asset within walking distance of Baylor University, with university master-lease coverage scheduled beginning Fall 2022.
Property SizeContact for details
Days on Market143
Property Features for 1722 S 11th St
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
93%
Additional Details
Multifamily Units
45
Listing Agency:
JLL - Dallas | Cedar Springs, Texas
Listed By:
Teddy Leatherman · License #TX 645273
Source:
Crexi
Added: Apr 12
Changed: Aug 31
Last Checked: Aug 29 at 4:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Dallas | Cedar Springs, Texas
Investment Insights
Based on property information with market context.
11th Street Flats is a 45-unit multifamily property containing 134 beds. The asset is positioned for university-oriented housing, with Baylor University identified as the master-lease counterparty beginning in Fall 2022. Occupancy is reported at 93.3% at present, with full university master-lease coverage scheduled thereafter.
The property is within walking distance of Baylor University, whose Fall 2021 enrollment reached 19,683 students. Baylor’s lease commitment runs through Fall 2023 and includes an option extending through Fall 2024. The source information also projects annual enrollment growth of approximately 1.7%, or about 350 students per year, while noting no development pipeline supply.
The property is within walking distance of Baylor University, whose Fall 2021 enrollment reached 19,683 students. Baylor’s lease commitment runs through Fall 2023 and includes an option extending through Fall 2024. The source information also projects annual enrollment growth of approximately 1.7%, or about 350 students per year, while noting no development pipeline supply.
Key Highlights
- 134 beds across 45 units
- Within walking distance of Baylor University
- 93.3% occupied
Property Analytics
Property Profile
Current Use
Lease Details
45
Residential units
93.3%
Occupancy
Location Intelligence
Trade Area within ½ mile
611
Businesses Nearby
Explore this area
Business Placement
Demographics for 76706, TX
39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Multifamily asset within walking distance of Baylor University, with university master-lease coverage scheduled beginning Fall 2022.
Where is this multifamily property located?
The property is located at 1722 S 11th St Waco, TX.
What are key features of this property?
This property features: 134 beds across 45 units; Within walking distance of Baylor University; 93.3% occupied
