Almost-New Duplex
For Sale
$339,900
3206 North 20th A Street, Waco, TX 76708
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 Market54
Property Features for 3206 North 20th A Street
General Information
Standard status
Active
Size
1,438 SF
Property subtype
Multi-Family / Full Duplex
Additional Details
Multifamily Units
2
Building Details
Year Built
2020
Listing Agency:
Premier, REALTORS
(254) 855-4455
Listed By:
Eric Zadnik · License #475183
(254) 855-4455
Source:
Compass
Added: Jun 12
Changed: Jul 21
Last Checked: Aug 4 at 12:17PM
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.
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
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
NOI $12,457 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$163.7K
$143.3K – $191.0K
NOI $11,461 @ 7.0% cap · market cap 3.37%
Theoretical Best
Office A
$379.4K
$332.0K – $442.6K
NOI $26,557 @ 7.0% cap · market cap 7.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
240
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 - 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
