2323 N 39th St

5,930 Sq. Ft.
$55 / Sq. Ft.
5,930
Sq. Ft.
$55
per Sq. Ft.

Description

Exceptional redevelopment or investment opportunity in a convenient central Waco location. This unique 1.88± acre property features three buildings, including a 5,900+ SF main building and two additional buildings of just under 1,000 SF each. With 10+ parking spaces and highly desirable, flexible O-2 zoning, the possibilities are endless for office, medical, residential conversion, or future redevelopment (buyer to verify permitted uses). Utilities are available, and the property’s prime location...Exceptional redevelopment or investment opportunity in a convenient central Waco location. This unique 1.88± acre property features three buildings, including a 5,900+ SF main building and two additional buildings of just under 1,000 SF each. With 10+ parking spaces and highly desirable, flexible O-2 zoning, the possibilities are endless for office, medical, residential conversion, or future redevelopment (buyer to verify permitted uses). Utilities are available, and the property’s prime location offers quick access to major roads, making it an outstanding opportunity for investors, developers, or owner-users.
  1. Listed by Willow West • TREC #743904 • NextHome Our Town

Property Details for 2323 North 39th Street

Subdivision Name
Stephens J M
Pool
No
Number Of Parking Spaces
10
LISTING UPDATED: 07/10/2026 09:10 PM

Property Details for 2323 North 39th Street

StatusActive
MLS #21326395
Days on Market2
Taxes$15,142 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built1946
Lot Size1.88 AC / 81,718 SF
CountyMcLennan County

Location

Listing Courtesy of NextHome Our Town, Willow West, TREC #743904
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Building Information for 2323 North 39th Street

Stories1Residences3Year Built1946Building Size-Lot Size1.88 AC / 81,718 SF

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Property Information for 2323 North 39th Street

Summary
Location and General Information
  • Block: N/A
  • Complex Name:
  • Directions: Google Maps
  • Elementary School: Dean Highland
  • Elementary School Name: Dean Highland
  • High School: Waco
  • High School Name: Waco
  • Middle School: Tennyson
  • Year Built Details: Preowned
  • School District: Waco ISD
  • Geocode Confidence: High
  • Latitude: 31.55
  • Longitude: -97.18
  • State: Texas
Parking
  • Parking Features: Additional Parking, Circular Driveway, On Site
  • Parking Spaces Covered Total: 0
Taxes and HOA Information
  • Tax Legal Description: STEPHENS J M ACRES 1.876
  • Association Type: None
  • Tax Lot: N/A
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Tile, Vinyl, Wood
  • Heating: Central
  • Interior Features: Other
  • Appliances: Electric Oven
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Brick
  • Foundation Details: Pillar/Post/Pier, Slab
  • Number Of Stories: 1
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 3
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Accessory Unit: Yes
  • Financing Proposed: Cash, Conventional
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 1.876
  • Lot Size Area: 1.876
  • Lot Size Source: Appraiser
  • Lot Size Units: Acres
  • Lot Size Square Feet: 81718.56
  • Multi Parcel ID: No
  • Parcel Number: 480388000139019
Multi Family
Multi-Family Information
  • Number Of Buildings: 3
  • Capitalization Rate: .00%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $0
  • Insurance Expense: $0
  • Net Operation Income: $.00
Unit 1
  • Approximate SQFT: 960.0
  • Average Lease Amount: $.00
  • Dining Area Length: 0.0
  • Dining Area Width: 0.0
  • Kitchen Length: 0.0
  • Kitchen Width: 0.0
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Master Bed Length: 0.0
  • Master Bed Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 800.0
  • Average Lease Amount: $.00
  • Dining Area Length: 0.0
  • Dining Area Width: 0.0
  • Kitchen Length: 0.0
  • Kitchen Width: 0.0
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Master Bed Length: 0.0
  • Master Bed Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1

Property History for 2323 North 39th Street

DateEvent & SourcePriceAppreciation
Jul 9, 2026

Listed (Active)

NTREIS #21326395

$327,000
DateEvent & SourcePrice
07/09/2026

Listed (Active)

NTREIS #21326395

$327,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 2323 North 39th Street

Taxable ValueLand$47,400Additions$626,070Total$673,470
Home Facts
Beds2Baths5Total Finished SqFt960 SqFtAbove Grade Finished SqFt960 SqFtStories1Lot Size81,719 SqFtStyleSingle Family ResidenceYear Built1946Year Renovated1983ZoningO2CountyMCLENNANAPN480388000139019Fireplace TypeHas Fireplace

Schools near 2323 North 39th Street

This home is within Waco Independent School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Dean Highland Elementary School
PublicPK to 5

G W Carver Middle
Public6 to 8

Waco High School
Public9 to 12

Hillcrest PDS Magnet
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

2323 North 39th Street is a multi-family home for sale in Waco, TX 76708. This property was listed for sale on July 9, 2026 by NextHome Our Town, it's currently listed at $327,000. This listing's school district is Waco Independent School District. Nearby schools include Dean Highland Elementary School, G W Carver Middle and Waco High School. 2323 North 39th Street is a 5-bed, 3-bath, 5,930 sqft multi-family home built in 1946.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of NextHome Our Town, Willow West, TREC #743904

Based on information from the Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS, Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, Waco Association of REALTORS, and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Copyright© 2026 Austin Board of REALTORS® (alternatively, from ACTRIS), Central Hill Country Board of Realtors, Central Texas MLS, Highland Lakes Association of Realtors, Bryan-College Station Association of REALTORS, and Waco Association of REALTORS. All rights reserved. We do not attempt to independently verify the currency, completeness, accuracy or authenticity of the data contained herein. All area measurements and calculations are approximate and should be independently verified. Data may be subject to transcription and transmission errors. Accordingly, the data is provided on an “as is” “as available” basis only and may not reflect all real estate activity in the market”. © [2026] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.