Modern Duplex with Open
For Sale
$274,900
3206 N 20th A St, Waco, TX 76708
Two matching residences offer three bedrooms, two bathrooms, and energy-efficient features in each unit.
Property Size1,438 SF
Price / SF$191.17
Days on Market118
Property Features for 3206 N 20th A St
General Information
Standard status
Active
Size
1,438 SF
Property subtype
Multi-Family
Units
Unit Mix
2 x 3BR/2BA
Multifamily Units
2
Building Details
Year Built
2020
Listing Agency:
Premier, REALTORS
Listed By:
Eric Zadnik · License #475183
(254) 855-4455
Source:
Findtexashomesforsale
Added: Jun 18
Changed: Oct 3
Last Checked: Oct 12 at 8:10PM
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 Premier, REALTORS
Investment Insights
Based on property information with market context.
Built in 2020, this duplex contains two substantially identical residences, each arranged with three bedrooms and two bathrooms. Both units feature modern finishes and appliances, along with energy-efficient elements that support practical day-to-day operation. The floorplans emphasize usable living space, with generously sized living rooms connected to open kitchens.
The property is located on N 20th A Street in Waco. Its two-unit configuration provides flexibility for an owner who wants to occupy one residence while leasing the other, or for an investor seeking a residential income property. Each unit provides the same bedroom, bathroom, and open-kitchen layout for consistent management and leasing presentation.
The property is located on N 20th A Street in Waco. Its two-unit configuration provides flexibility for an owner who wants to occupy one residence while leasing the other, or for an investor seeking a residential income property. Each unit provides the same bedroom, bathroom, and open-kitchen layout for consistent management and leasing presentation.
Key Highlights
- Two‑unit duplex constructed in 2020
- Each unit includes 3 bedrooms and 2 bathrooms
- Identical layouts provide consistent unit configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,457
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,140
$249.1K
Cap Rate 7%
$177,957
$178.0K
Cap Rate 9%
$138,411
$138.4K
Market Conditions
NOI Build-Up for 1,438 SF
Gross rent
$19.5K $13.56/SF
− Vacancy
−$1.7K −$1.19/SF
EGI
$17.8K $12.37/SF
− OpEx
−$5.3K −$3.71/SF
NOI
$12.5K $8.66/SF
Area
Waco, TX
Vacancy
8.74%
Lease Rate
$13.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,140
Cap Rate 7%
$177,957
Cap Rate 9%
$138,411
Alternative Uses
Best Use
Multifamily LT 5
$178.0K
$155.7K – $207.6K
NOI $12,457 @ 7.0% cap · market cap 4.53%
Second Best
Apartment 5plus
$163.7K
$143.3K – $191.0K
NOI $11,461 @ 7.0% cap · market cap 4.17%
Theoretical Best
Office A
$379.4K
$332.0K – $442.6K
NOI $26,557 @ 7.0% cap · market cap 9.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
254
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two matching residences offer three bedrooms, two bathrooms, and energy-efficient features in each unit.
Where is this duplex located?
The property is located at 3206 N 20th A St Waco, TX.
What is the asking price?
The asking price for this property is $274,900.
What are key features of this property?
This property features: Two‑unit duplex constructed in 2020; Each unit includes 3 bedrooms and 2 bathrooms; Identical layouts provide consistent unit configuration
