3109 North 27th Street Waco, TX 76708
New duplex with immediate rental income and modern design.
- Added:
- May 18, 2026
- Days on Market:
- 58
- Last Refresh:
- Jul 3 at 5:31 am
Property Features for 3109 North 27th Street
General Information
- Standard status
- Active
- Size
- 2,110 SF
- Property subtype
- Multi-Family / Full Duplex
Building Details
- Year Built
- 2025
Listing office EG Realty (254) 644-5508
Listing date May 18, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Brand new duplex built in 2025, offering modern construction and appeal.
- Currently leased through the end of the year, providing immediate rental income.
- Each unit features 3 bedrooms and 2 bathrooms with an open‑concept layout.
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 |