# 3008 S 3rd Street, Waco, TX 76706

> **TL;DR:** 5bd/6ba residential multi family, $899,000, built 2023. Est. $3,896/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $899,000 |
| Bedrooms | 5 |
| Bathrooms | 5 full, 1 half |
| Year Built | 2023 |
| Lot Size | 23,784 sqft (0.55 acres) |
| Stories | 2 |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 0 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,896 |
| **Total** | **$3,896** |

## Nearby Schools

- **Elementary:** South Waco

## Property Highlights

- Built in 2023
- 0.55 acre lot
- 2 stories
- 5 parking spaces

## Description

### Agent Description
Prime Location. Proven Income. Expansion Potential.

Exceptional investment opportunity near Baylor University! This fully furnished, income producing property is currently leased at $1,000 per bedroom, with tenants sharing utilities creating strong and consistent cash flow from day one.

The main home offers 4 spacious bedrooms, each with a private ensuite bath, plus a convenient half bath for guests. A separate 1 bed, 1 bath casita provides additional rental income potential or flexibility for short term leasing.

Each bedroom comes fully furnished with a full size bed, nightstand, desk, and custom closet organizers, making it turnkey and highly attractive to student renters. The kitchen features high end finishes including granite countertops, stainless steel appliances, bar stools, and all appliances convey including refrigerator, washer, and dryer.

Built for efficiency and durability, the home includes foam insulation and 2x6 exterior wall construction, enhancing energy performance and long-term value. Additional features include a Ring security system, sprinkler system, and 5 dedicated parking spaces.

The property is fully fenced for privacy and security, featuring a beautiful iron gate with keypad entry, offering both curb appeal and controlled access.

Situated on a generous 0.55 acre lot, zoned R-1B (short-term rental eligible), this property offers rare expansion potential ample space to duplicate the existing structure and potentially double income.

Whether you’re looking to house hack, expand your rental portfolio, or capitalize on the thriving Baylor market, this is a strategic investment opportunity you don’t want to miss.

## Location

- **Address:** 3008 S 3rd Street, Waco, TX 76706
- **County:** McLennan
- **Neighborhood:** Gurley D R Tr
- **Coordinates:** 31.53497, -97.101132
- **Google Maps:** https://www.google.com/maps?q=31.53497,-97.101132

## Listing Agent

- **Name:** Tiffanye Harrell
- **Brokerage:** Coldwell Banker Apex, REALTORS
- **Phone:** 2547760000
- **Email:** tiffanyeharrellrealtor@gmail.com

## Primary Photo

![3008 S 3rd Street - Primary Photo](http://lh.rdcpix.com/f197188bff782c186162666b141eb376l-f1388893575r.jpg)

*35 total photos available on [listing page](https://www.propertysimple.com/listing/3008-s-3rd-street-waco-tx-76706-21178226)*

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**MLS#:** 21178226 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/3008-s-3rd-street-waco-tx-76706-21178226)

---

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