New Construction
For Sale
$349,900
Pending
3109 N 27th Street, Waco, TX 76708
MULTI_FAMILY - Waco, TX
Property Size2,110 SF
Lot Size0.16 Acres
Days on Market29
Property Features for 3109 N 27th Street
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Bedrooms
6
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 4, Bedroom 5, Bathroom 1, Bathroom 4, Bathroom 3, Bedroom 6, Bathroom 2, Bedroom 2, Bedroom 1
Parking
6
Security features
Security
Patio and Porch features
Porch
Interior features
DecorativeDesignerLightingFixtures, GraniteCounters, OpenFloorplan, Pantry, WalkInClosets
Appliances
ElectricWaterHeater
Subdivision
North Side
Lot features
Level
Elementary school
Cedar Ridge
Middle school
GW Carver
High school
Waco
Elementary school district
Waco ISD
Middle school district
Waco ISD
High school district
Waco ISD
Directions
Use GPS
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
Legal Description
NORTH SIDE LOT 4 BLOCK 3 ACRES .1555
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Ceiling Fan(s), Central Air, Electric
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 Agency:
EG Realty
(254) 218-4220
Listed By:
Anel Perales · License #651652
(254) 218-4220
Added: Jul 7
Changed: Aug 1
Last Checked: Aug 4 at 1:06PM
MLS# 21274419
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.
Newly built in 2025, this duplex is under construction and designed for durability and efficient day-to-day living. Each side features an open-concept layout with 3 bedrooms and 2 bathrooms, plus a spacious primary bedroom with a walk-in closet. Interior finishes include granite countertops, custom cabinetry, stained concrete flooring, and tile surrounds in the bathrooms.
The property includes foam insulation for energy efficiency. Heating and cooling are electric, with central air and ceiling fans, and an electric water heater. Construction materials include brick, and the roof is composition shingle.
Outside, each unit has a private covered patio and ample parking for up to 6 vehicles. Utilities connect to public water and public sewer. The duplex is currently leased through the end of this year.
The property includes foam insulation for energy efficiency. Heating and cooling are electric, with central air and ceiling fans, and an electric water heater. Construction materials include brick, and the roof is composition shingle.
Outside, each unit has a private covered patio and ample parking for up to 6 vehicles. Utilities connect to public water and public sewer. The duplex is currently leased through the end of this year.
Key Highlights
- 2025 new construction duplex under construction
- Each side: 3 bedrooms and 2 bathrooms
- Open‑concept layout with granite countertops and custom cabinetry
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 |
2,110 SF · lease $13.56/SF/yr · vacancy 8.74% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$261.1K
$228.5K – $304.6K
NOI $18,278 @ 7.0% cap · market cap 5.22%
Second Best
Apartment 5plus
$240.3K
$210.2K – $280.3K
NOI $16,818 @ 7.0% cap · market cap 4.81%
Theoretical Best
Office A
$556.7K
$487.1K – $649.5K
NOI $38,967 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
165
Businesses Nearby
Explore this area
Business Placement
Demographics for 76708, TX
28,499
Population
11,241
Households
2.5
Avg Household Size
35
Median Age
25%
College-Educated
85%
High-School Grad
48.1 sq mi
ZIP Area
592
Density / Sq Mi
$66,764
Median Household Income
$39,409
Median Earnings
$1,087
Median Rent
$204,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Each side offers 3 bedrooms and 2 baths; the duplex is leased through year-end.
Where is this duplex located?
The property is located at 3109 N 27th Street Waco, TX.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 2025 new construction duplex under construction; Each side: 3 bedrooms and 2 bathrooms; Open‑concept layout with granite countertops and custom cabinetry
