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Almost-New Duplex Investment

3206 North 20th A Street Waco, TX 76708

3206 North 20th A Street, Waco, TX, 76708
$339,900
For Sale
$339,900

Almost-new duplex with two identical three-bedroom, two-bath units and modern amenities throughout.

Property Size1,438 SF
Price / SF$236.37
Days on Market41

Property Features for 3206 North 20th A Street

General Information

Standard status
Active
Size
1,438 SF
Property subtype
Multi-Family / Full Duplex

Building Details

Year Built
2020
Listing agency Premier, REALTORS
Listed by Eric Zadnik · License #475183
Source Compass
Added: Jun 12 Updated: Jul 21 at 7:34PM Checked: Jul 22 at 8:32AM

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.

This almost-new duplex features two identical units, each offering three bedrooms and two bathrooms. Both units include modern amenities and an efficient layout designed around a large living area and an open kitchen.

The property is located on a quiet street in Waco, Texas, at 3206 North 20th A Street.

With two separate residences on one property, the duplex setup supports straightforward rental use, including the option to occupy one unit while renting the other.

Key Highlights

  • Almost‑new 2‑unit duplex built in 2020 with one‑story layout and slab foundation
  • Two identical units, each with 3 bedrooms and 2 bathrooms
  • Central air cooling and electric heating in the duplex units

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 $19.5k $13.56
− Vacancy −$1.7k −$1.19
EGI $17.8k $12.37
− OpEx −$5.3k −$3.71
NOI $12.5k $8.66
1,438 SF · lease $13.56/SF/yr · vacancy 8.74% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$178.0K
$155.7K – $207.6K (±1% cap)
NOI $12,457 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$163.7K
$143.3K – $191.0K (±1% cap)
NOI $11,461 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$379.4K
$332.0K – $442.6K (±1% cap)
NOI $26,557 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Real Estate Agency Law Firm Dental Office Spa & Massage Center Hair Salon Nail Salon HVAC Service Building Supply Pharmacy Big Box & Wholesale Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Duplex - Almost-new duplex with two identical three-bedroom, two-bath units and modern amenities throughout.
Where is this duplex located?
The property is located at 3206 North 20th A Street Waco, TX.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Almost‑new 2‑unit duplex built in 2020 with one‑story layout and slab foundation; Two identical units, each with 3 bedrooms and 2 bathrooms; Central air cooling and electric heating in the duplex units
Contact an agent
More about this property
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