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Modern Triplex with Off-Street Parking
For Sale
$525,000

700 Hines Avenue, Waco, TX 76706

ResidentialIncome, Waco, TX

Property SizeContact for details
Lot Size0.16 Acres
Days on Market54

Property Features for 700 Hines Avenue

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 3
Bathrooms 4
Full bathrooms 3
Half bathrooms 1
Rooms Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 1, Bathroom 2, Bedroom 2, Bathroom 4
Parking 3
Parking features On Street, Driveway
Appliances Dryer, Dishwasher, ElectricOven, Disposal, Washer
Subdivision Gurley G B
Elementary school Waco
Middle school Cesar Chavez
High school Waco
Elementary school district Waco ISD
Middle school district Waco ISD
High school district Waco ISD
Directions From I-35, you'll exit toward La Salle Ave, then make your way to Hines Ave, turn right on Hines Ave and the property will be on your right 700 Hines Avenue.
Standard status Active
APN 480211000016007
Lot size 0.16 Acres

Taxes and HOA fees

Tax Description GURLEY G B LOT 15 BLOCK C ACRES .1607
Tax Annual Amount 9893
Legal Description GURLEY G B LOT 15 BLOCK C ACRES .1607

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Electric, Central Air
Water source Public

Amenities

fenced yard
in-unit washer & dryer
covered front entry
off-street parking

Building Details

Year built 2021
Floors in Building 2
Number of units 3
Flooring type Laminate, Concrete, Vinyl
Roof type Composition
Listing Agency: Coldwell Banker Apex, REALTORS
Listed By: Garrett Alders · License #0740733
Added: Jul 17 Changed: Sep 7 Last Checked: Sep 8 at 3:06AM
MLS# 21298961

Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex contains a 2021-built two-story cottage and a duplex, creating three separate residences on a 0.161-acre lot. The cottage includes one bedroom, a flex room, 1.5 baths, an open living and dining area, and a galley kitchen with shaker cabinetry, solid-surface counters, gas range, microwave, dishwasher, refrigerator, and stacked laundry. Its upper-level bedroom has a walk-in closet and private full bath, while the exterior includes a covered entry and fenced yard.

The duplex consists of two one-bedroom, one-bath units with open living areas, contemporary kitchens, bedroom storage, and in-unit laundry. Finishes include vinyl, laminate, and stained concrete flooring, along with recessed lighting, ceiling fans, central electric heating, and central air. Driveway and on-street parking are available. The property is served by public water and public sewer and is located at 700 Hines Avenue in Waco, Texas.

Key Highlights

  • Three‑unit configuration with a 2021‑built cottage and duplex
  • 0.161‑acre lot at 700 Hines Avenue, Waco, TX 76706
  • Cottage includes 1 bedroom, flex room, and 1.5 baths

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Law Firm Building Supply Hair Salon Spa & Massage Center Auto Parts Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

351
Businesses Nearby

Demographics for 76706, TX

39,303
Population
16,600
Households
2.4
Avg Household Size
27
Median Age
23%
College-Educated
85%
High-School Grad
72.3 sq mi
ZIP Area
544
Density / Sq Mi
$42,277
Median Household Income
$23,954
Median Earnings
$1,063
Median Rent
$180,600
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate residences combine contemporary finishes, private outdoor areas, and practical parking in a compact multifamily property.
Where is this triplex located?
The property is located at 700 Hines Avenue Waco, TX.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Three‑unit configuration with a 2021‑built cottage and duplex; 0.161‑acre lot at 700 Hines Avenue, Waco, TX 76706; Cottage includes 1 bedroom, flex room, and 1.5 baths
More about this property
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