3109 N 27th Street Waco, TX 76708
MULTI_FAMILY - Waco, TX
- Added:
- Jul 7, 2026
- Days on Market:
- 8
- Last Refresh:
- Jul 14 at 6:06 am
Property Features for 3109 N 27th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Bedrooms
- 6
- Bathrooms
- 4
- Rooms
- Bedroom 4, Bathroom 1, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 4, Bedroom 6, Bedroom 5, Bedroom 2, Bathroom 2
- Parking
- 6
- Security features
- Security
- Patio and Porch features
- Porch
- Interior features
- DecorativeDesignerLightingFixtures, GraniteCounters, OpenFloorplan, Pantry, WalkInClosets
- Appliances
- ElectricWaterHeater
- Standard status
- Pending
- APN
- 480314000021004
- Size
- 2,110 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- NORTH SIDE LOT 4 BLOCK 3 ACRES .1555
- Tax Annual Amount
- 6981
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating), Central
- Cooling system
- Central Air, Electric, Ceiling Fan(s)
- Water source
- Public
Building Details
- Year built
- 2025
- Floors in Building
- 1
- Number of units
- 2
- Flooring type
- Paintedstained, Concrete
- Building materials
- Brick
- Roof type
- Composition, Shingle
Listing agent Anel Perales License #651652 (254) 218-4220
Listing office EG Realty Waco, TX (254) 218-4220
Listing date Jul 7, 2026
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.
The property is located at 3109 N 27th Street in Waco, Texas (McLennan County). It is currently leased through the end of the year, creating immediate rental income potential for an investor seeking a ready-to-operate asset.
With both sides delivering similar three-bedroom, two-bath layouts, the duplex is well suited for buyers looking to add to a rental portfolio while maintaining consistent unit appeal. The combination of modern finishes, energy-conscious construction, and covered patio space can help attract and retain tenants, while the near-term in-place lease supports underwriting from day one.
Key Highlights
- New duplex under construction (2025) with two units, each offering 3 bedrooms and 2 bathrooms
- Each side features an open floorplan with granite countertops, custom cabinetry, and stained concrete flooring
- Primary bedroom includes a walk‑in closet in each unit
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.6k | $13.56 |
| − Vacancy | −$2.5k | −$1.19 |
| EGI | $26.1k | $12.37 |
| − OpEx | −$7.8k | −$3.71 |
| NOI | $18.3k | $8.66 |
