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Property profile & analytics

605 Austin Ave Waco, TX 76701

  • Commercial real estate
  • 25,620 SF
  • 0.30 lot acres
Value Estimation
$780,000
Location Intelligence
Property ID
US82-3701961
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Clever Guys Media / Video Production Service
  • Connect Care Solutions LLC / Alcoholism Treatment Program
  • DeuxSouth Creative / Video Production Service / Graphic Designer
  • Damon L. Reed, Attorney at Law / Attorney
  • Law Office of William E. Conrad / Attorney

Property Details for 605 Austin Ave

Year built
1910
Construction
BRICK
Lot size
0.30 lot acres
Property size
25,620 SF
Zone code
2007 TIF
Property type
Commercial real estate
APN
480149000002001
APU
480149000002001

Description

This exceptional 600-square-foot office suite, located at 605 Austin Ave in Waco, Texas (zip code 76701), presents a fantastic opportunity for businesses seeking a professional and convenient workspace. Situated in a C-4 zoned area of McLennan County, this single-tenancy property offers a traditional office layout adaptable to executive or creative office needs. The suite boasts several desirable features, including utilities included in the lease, controlled after-hours access for security and flexibility, and full-service lease options for streamlined operations. The building itself provides a professional entry and attractive common areas, enhancing the overall image and experience for tenants and their clients. Secure parking is available in a dedicated garage, ensuring the safety and convenience of employees and visitors. Furthermore, elevator access simplifies navigation within the building, making it easily accessible for all. This private suite offers a distinct and independent workspace, perfect for businesses seeking a professional and well-maintained office environment. The property's location in Waco, Texas, provides easy access to local amenities and transportation networks.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $765,000
  • CAP approach

    CAP return
    Estimation
    6%
    $775,000
    6.5%
    $755,000
    7%
    $865,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $795,000
    Geo Method
    $960,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $945,000
    Retail
    $785,000
    Mixed-Use
    $880,000
    Hospitality
    $850,000
    Educational
    $945,000
    Residential Income
    $745,000
    Energy
    $825,000
    Income-Based Land
    $860,000
    Food Service
    $850,000

Location Insight

  • Map
  • Local Demand
City
Waco
County
Mclennan
State
Texas
Longitude
-97.1333
Latitude
31.556
CBSA code
47380
CBSA name
WACO, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$34,973
$323,430
$1,169,920
$1,493,350
-
$323,430
$1,169,920
$1,493,350
More about this property
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