Date
Details
Price
Change
Source
2/12/2026
Listed
$966,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Property 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.
Full Property Details
Full Property Details for 3008 S 3rd St
General
- Price: $966,000
- Taxes: $12,449
- Status: Active
- Type: Multi-Family
- Source: NTREIS
- MLS ID: 21178226
- Updated: 2/19/2026
- Added to Site: 11 day(s) ago
Interior
- Interior Features: Decorative/Designer Lighting Fixtures, Eat-in Kitchen, Granite Counters, High Speed Internet, In-Law Floorplan, Multiple Master Suites, Smart Home, Vaulted Ceiling(s), Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
- Flooring: Ceramic Tile, Luxury Vinyl Plank
Rooms
Bathrooms
- Total Bathrooms: 6
- Full Bathrooms: 5
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 5
Additional Information
- Security/Safety: Security System Owned, Security System, Security Gate, Gated Community, Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Covered
Parking
- Total Spaces: 5
- Parking Features: Asphalt
Location
- County: McLennan
- Subdivision: Gurley D R Tr
- Driving Directions: Use GPS or take Lasalle to S 3rd Street. Property will be on your left.
School Information
- Elem School District: Waco ISD
- Midd School District: Waco ISD
- High School District: Waco ISD
- Elementary School: South Waco
- Middle School: Cesar Chavez
- High School: University
Community
- Gated community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Sewer Available, Water Available
Structural Information
- # Buildings: 2
- Detached/Attached: Detached
- Construction: BoardBattenSiding
- Roof: Composition
- Windows: Window Coverings
- Stories/Levels: 2
- Square Feet: 2,675
- Sq. Ft. Source: Public Records
- Year Built: 2023
Lot Features
- Lot Size (Acres): 0.546
- Lot Size (Sq. Ft.): 23,783.76
- Fencing (Description): Back Yard, Full, Wood, Wrought Iron
Financial Considerations
- Tax Amount: $12,449
- Terms: Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Documents Avail.: Aerial
- Legal Description: GURLEY D R TR LOT C6 BLOCK 1 ACRES .546
- Property ID: 480210000010009
- Block: 1
- Lot Number: C6
Listed by Coldwell Banker Apex, REALTORS, Tiffanye Harrell
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Listing agent
— 3008 S 3rd St —
Tiffanye Harrell
Coldwell Banker Apex, REALTORS
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 3008 S 3rd St
School District:Waco Independent School District
| Name | Grades | Distance |
|---|---|---|
South Waco Elementary School 2104 Gurley Lane, Waco, TX 76706 | PK-5 | 1.6 mi |
Cesar Chavez Middle School, Waco, TX 700 South 15th Street, Waco, TX 76706 | 6-8 | 2 mi |
University High School 3201 South New Road, Waco, TX 76706 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3008 S 3rd St
Tax History
Tax History for 3008 S 3rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$12,262
601%
$553,690
2%
2023
$1,749
—
$543,580
597%
2022
$1,749
-2%
$78,010
10%
2022
$1,784
8%
$70,880
11%
2021
$1,655
-3%
$63,980
—
2020
$1,701
-2%
$63,980
—
2019
$1,735
-4%
$63,980
—
2018
$1,800
21%
$63,980
23%
2017
$1,483
—
$52,180
—
2016
$1,487
—
$52,180
—
2015
$1,493
2%
$52,180
—
2014
$1,468
—
$52,180
—
2013
$1,470
—
$52,180
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3008 S 3rd St
3008 S 3rd Street, Waco, TX 76706 (MLS# 21178226) is a Multi-Family property with 2 units containing 5 bedrooms, 5 full bathrooms and 1 partial bathroom. 3008 S 3rd Street is currently listed for $966,000 and was received on February 12, 2026. Want to learn more about 3008 S 3rd Street? Do you have questions about finding other Multi-Family real estate for sale in Waco? You can browse all Waco real estate or contact a Coldwell Banker agent to request more information.