613 Austin Ave Waco Waco, TX 76701
Move-in ready office condo in downtown Waco on Austin Ave.
Property Features for 613 Austin Ave Waco
General Information
- Standard status
- Active
- Size
- 858 SF
- Property subtype
- Office
Listing office Coldwell Banker Apex, REALTORS (254) 313-0000
Listing date Sep 10, 2025
Source Cbcworldwide
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 Coldwell Banker Apex, REALTORS
Investment Insights
Based on property information with market context.
Key Highlights
- Downtown Waco location on Austin Ave.
- Move‑in ready condition with recent updates.
- First floor unit.
Local Financial Insights For Office B
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 | $19.0k | $22.20 |
| − Vacancy | −$3.1k | −$3.66 |
| EGI | $15.9k | $18.54 |
| − OpEx | −$4.0k | −$4.63 |
| NOI | $11.9k | $13.90 |
