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Mixed-Use Property with Apartments
For Sale
$899,900

2424 Austin Avenue, Waco, TX 76701

CommercialSale, Waco, TX

Property SizeContact for details
Lot Size0.57 Acres
Days on Market15

Property Features for 2424 Austin Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning description R-2
Parking features Carport
Subdivision Glenwood
Directions GPS is accurate
Standard status Active
APN 480200000257000
Lot size 0.57 Acres

Taxes and HOA fees

Tax Description GLENWOOD LOT 12 13 14 BLOCK 37 ACRES .5682
Tax Annual Amount 23916
Legal Description GLENWOOD LOT 12 13 14 BLOCK 37 ACRES .5682

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1923
Floors in Building 2
Number of units 7
Flooring type Tile, Wood
Building materials Brick
Roof type Tile
Listing Agency: The Agency Waco
Listed By: Mario Cruz-Gonzalez · License #683621
Added: Sep 26 Changed: Oct 2 Last Checked: Oct 10 at 12:06AM
MLS# 21392885

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.

Built in 1923, this brick property combines a substantial main residence with separate apartment units. The house contains more than 5,000 square feet, five bedrooms, and three bathrooms, and is currently operated as rentable office space. Interior details include a grand staircase and original woodwork. Central heating and air conditioning serve the building, with wood and tile flooring.

A garage behind the house has two one-bedroom apartments above it; the apartments currently generate income. The property occupies 0.568 acres at 2424 Austin Avenue in Waco, near Downtown. Public water and sewer service the site.

Key Highlights

  • 1923‑built brick property on 0.568 acres
  • Main house measures more than 5,000 square feet, with 5 bedrooms and 3 bathrooms
  • Main residence is currently used as rentable office space

Property Analytics

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Current Use

KSR Advantage Business Management Consultant Bridge + Haven Counseling ... Psychotherapist William R Blankenship, ... Accounting Firm

Suggested Use

Top Pick Dental Office Pharmacy Big Box & Wholesale Store Real Estate Agency Building Supply HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

931
Businesses Nearby

Demographics for 76701, TX

1,674
Population
1,029
Households
1.6
Avg Household Size
29
Median Age
32%
College-Educated
92%
High-School Grad
1.1 sq mi
ZIP Area
1,522
Density / Sq Mi
$24,593
Median Household Income
$21,897
Median Earnings
$1,008
Median Rent
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - The main residence serves as rentable office space, complemented by two apartments over a garage.
Where is this mixed-use property located?
The property is located at 2424 Austin Avenue Waco, TX.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 1923‑built brick property on 0.568 acres; Main house measures more than 5,000 square feet, with 5 bedrooms and 3 bathrooms; Main residence is currently used as rentable office space
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