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10,12,14,16 20 Addi Lane , 10,12,14,16,20

Waco, TX 76705
  • $950,000
  • STATUS: Active
  • ON SITE: 64 Days
  • MLS #: 21346566
UPDATED: 128 min ago
$950,000
  • 0
    BEDS
  • 0.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
2007
County:
Area:

School Ratings & Info

Offered by Kolbey Carpenter of Texas Luxury and Land: .

Description

Rare opportunity to acquire five townhomes within the same complex. These units present a value add opportunity for multifamily investors. Three units are 3 bed 2 bath, each 1,520 SF. Two units are 1 bed 1 bath, each encompassing 738 SF. These units stay occupied and tenant pays all utilities. All units have a new roof as of July 2025. Four units are in long term leases and one unit is MTM. These townhomes are within close proximity to I-35, TSTC Technical College and Downtown Waco. Please ask listing agent for rent roll and financials.

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© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Hodnett | Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-15T23:43:22.52.
www.teamhodnett.com/homes/180095158
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10,12,14,16 20 Addi Lane , 10,12,14,16,20 Waco, TX 76705

  • Price: $950,000
  • Status: Active
  • On Site: 64 Days
  • Updated: 128 min ago
  • MLS #: 21346566
0
Beds
0
Baths
0
½ Baths
0.65
Acres
2007
Built
Neighborhood:
Sky View Add
County:
Mclennan
Area:
Waco
Property Description
Rare opportunity to acquire five townhomes within the same complex. These units present a value add opportunity for multifamily investors. Three units are 3 bed 2 bath, each 1,520 SF. Two units are 1 bed 1 bath, each encompassing 738 SF. These units stay occupied and tenant pays all utilities. All units have a new roof as of July 2025. Four units are in long term leases and one unit is MTM. These townhomes are within close proximity to I-35, TSTC Technical College and Downtown Waco. Please ask listing agent for rent roll and financials.
Exterior Features

Construction BrickSiding Construction Materials Walls BrickPaneling Foundation Slab Lot Description Few Trees Lot Size Source Public Records Parking Or Garage Attached CarportGarage Road Frontage Type City Street Roof Composition Waterfront YN No

Interior Features

Accessibility Features Accessible Kitchen Ceiling Height 8 to10 Feet Cooling Ceiling Fan(s)Central AirElectric Flooring CarpetCeramic Tile Handicap YN No Heating CentralElectric Sq Ft Gross 6036

Property Features

Alarm Or Security Type Smoke Detector(s) Building Area Source Public Records Building Area Total 6036.00 Building Use Other Construction Status Preowned Gross Annual Expenses 19082.00 Gross Annual Income 75650.00 Insurance Expense 5500 Lake Pump No Leaseable Spaces 5 Listing Terms 1031 ExchangeCashConventional Max Lease Rate 1.36 Min Lease Rate 0.90 Multi Zoning No Municipal Utility District No Net Operation Income 56698 Operating Expense Includes InsuranceMaintenanceMaintenance Grounds Owner Pays Grounds CareManagement Possession Closing/Funding Property Type Business Tenant Pays All Utilities Transaction Includes Building Only Utilities City SewerCity Water Will Subdivide No Zoning R

North Texas Real Estate Information Systems MLS logo Listing information © 2026 North Texas Real Estate Information System.


© 2026 North Texas Real Estate Information Systems. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Hodnett | Keller Williams Realty. The data relating to real estate for sale or lease on this web site comes in part from NTREIS. Real estate listings held by brokerage firms other than Team Hodnett | Keller Williams Realty are marked with the NTREIS logo or an abbreviated logo and detailed information about them includes the name of the listing broker. Data last updated 2026-10-15T23:43:22.52.
 
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Team Hodnett | Keller Williams Realty
2106 E State Highway 114, Suite 101
Southlake TX, 76092
Offered by Kolbey Carpenter of Texas Luxury and Land: .