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Waco Multifamily Property For Sale
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701 N New Rd, Waco, TX 76710

Renovated multifamily property in Waco, Texas, with modern upgrades.

Property Size12,896 SF
Lot Size0.59 Acres
Days on Market197

Property Features for 701 N New Rd

General Information

Standard status Active
Size 12,896 SF
Class A
Lot size 0.59 Acres
Property subtype Multifamily

Building Details

Units 12
Listing Agency: Coldwell Banker Commercial Apex, Realtors
Listed By: Clay Fuller · License #TX
Source: Crexi
Added: Feb 18 Changed: Aug 31 Last Checked: Aug 31 at 8:04AM

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 Commercial Apex, Realtors

Investment Insights

Based on property information with market context.

The Courtyard Lofts is a multifamily property located in Waco, Texas. The property, situated on approximately 0.59 acres, totals 12,896 square feet. The asset was fully renovated in 2021 and offers modern upgrades and functional amenities. The property features a new TPO roof installed in 2021, updated individual HVAC systems, and an on-site laundry facility. A central courtyard enhances tenant appeal. This property represents a turnkey opportunity in a growing Central Texas market.

Key Highlights

  • Fully renovated in 2021, offering modern upgrades.
  • New TPO roof installed in 2021.
  • Updated individual HVAC systems.

Property Analytics

Current Use

Proctor Brothers Roofers Roofing Company

Suggested Use

Top Pick Parking Lot & Garage Auto Parts Store Hotel & Motel Electrical Service (Bike/Boat/Book/etc) Store Garden Center

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

Location Intelligence

Trade Area within ½ mile

1,193
Businesses Nearby

Demographics for 76710, TX

24,874
Population
12,391
Households
2
Avg Household Size
38
Median Age
32%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
2,675
Density / Sq Mi
$53,304
Median Household Income
$36,425
Median Earnings
$1,098
Median Rent
$229,000
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Apartment building - Renovated multifamily property in Waco, Texas, with modern upgrades.
Where is this apartment building located?
The property is located at 701 N New Rd Waco, TX.
What are key features of this property?
This property features: Fully renovated in 2021, offering modern upgrades.; New TPO roof installed in 2021.; Updated individual HVAC systems.
(254) 313-0000 Call to check price and availability
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