3008 S 3rd St

2,675 Sq. Ft.
$361 / Sq. Ft.
2,675
Sq. Ft.
$361
per Sq. Ft.

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...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.
  1. Listed by Tiffanye Harrell • TREC #0673632 • Coldwell Banker Apex, REALTORS

Property Details for 3008 South 3rd Street

Subdivision Name
Gurley D R Tr
Pool
No
Number Of Parking Spaces
5
LISTING UPDATED: 02/19/2026 02:49 PM

Property Details for 3008 South 3rd Street

StatusActive
MLS #21178226
Days on Market8
Taxes$12,449 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built2023
Lot Size0.55 AC / 23,783 SF
CountyMcLennan County

Location

Listing Courtesy of Coldwell Banker Apex, REALTORS, Tiffanye Harrell, TREC #0673632
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Building Information for 3008 South 3rd Street

Stories2Residences2Year Built2023Building Size-Lot Size0.55 AC / 23,783 SF

Payment Calculator

$5,746 per month

30 year fixed, 6.15% Interest

Principal and Interest

$4,708

Property Taxes

$1,037

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3008 South 3rd Street

Summary
Location and General Information
  • Block: 1
  • Complex Name: NA
  • Directions: Use GPS or take Lasalle to S 3rd Street. Property will be on your left.
  • Elementary School: South Waco
  • Elementary School Name: South Waco
  • High School: University
  • High School Name: University
  • Middle School: Cesar Chavez
  • Senior Community Yes/No: No
  • Year Built Details: Preowned
  • School District: Waco ISD
  • Geocode Confidence: High
  • Latitude: 31.53
  • Longitude: -97.10
  • State: Texas
Parking
  • Parking Features: Asphalt
  • Garage: No
Taxes and HOA Information
  • Tax Legal Description: GURLEY D R TR LOT C6 BLOCK 1 ACRES .546
  • Association Type: None
  • Special Taxing Entities: No
  • Tax Lot: C6
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Ceramic Tile, Luxury Vinyl Plank
  • Heating: Electric
  • Interior Features: Decorative Lighting, Eat-in Kitchen, Granite Counters, High Speed Internet Available, In-Law Suite Floorplan, Smart Home System, Vaulted Ceiling(s), Walk-In Closet(s), Second Primary Bedroom
  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Water Heater, Microwave, Refrigerator, Washer
  • Cooling: Central Air
  • Smart Home Features Appor Pass Y: Yes
  • Window Features: Window Coverings
Exterior Features
  • Building Area Source: Public Records
  • Construction Materials: Board & Batten Siding
  • Exterior Features: Covered Patio/Porch
  • Fencing: Back Yard, Full, Wood, Wrought Iron
  • Foundation Details: Slab
  • Number Of Stories: 2
  • Roof: Composition
  • Waterfront: No
  • Number Of Units Total: 2
  • Patio And Porch Features: Covered
  • Levels: Two
Property
Utilities
  • Utilities: City Sewer, City Water
Property and Assessments
  • Accessory Unit: No
  • Financing Proposed: Cash, Conventional, FHA, VA Loan
  • Concessions YN: No
  • Handicap: No
  • Loan Type: Treat As Clear
  • Security Features: Gated Community, Security Gate, Security System, Security System Owned, Smoke Detector(s)
  • Property Match: APN
Lot Information
  • Dock Permitted: No
  • Lot Size Acres: 0.546
  • Lot Size Area: 0.546
  • Lot Size Units: Acres
  • Lot Size Square Feet: 23783.76
  • Multi Parcel ID: No
  • Parcel Number: 480210000010009
  • Lake Pump: No
Multi Family
Multi-Family Information
  • Number Of Buildings: 2
  • Capitalization Rate: 3.42%
  • Gross Annual Expenses: $0
  • Gross Annual Income: $57,000
  • Insurance Expense: $0
  • Tenancy: Other
  • Net Operation Income: $33,000.00
Unit 1
  • Approximate SQFT: 2191.0
  • Average Lease Amount: $12.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 4 Bedroom Or More
  • Unit Type Units Total: 1
Unit 2
  • Approximate SQFT: 484.0
  • Average Lease Amount: $12.00
  • Living Area Length: 0.0
  • Living Area Width: 0.0
  • Unit Type Type: 1 Bedroom
  • Unit Type Units Total: 1

Property History for 3008 South 3rd Street

DateEvent & SourcePriceAppreciation
Feb 12, 2026

Listed (Active)

NTREIS #21178226

$966,000
Dec 19, 2022

Sold

Waco Association of REALTORS #209485

Dec 19, 2022

Sold

NTREIS #209485

Dec 1, 2022

Pending

Waco Association of REALTORS #209485

Nov 30, 2022

Expired

Waco Association of REALTORS #209485

$95,000
Jul 12, 2022

Listed (Active)

NTREIS #209485

$112,000
Jul 12, 2022

Withdrawn

Waco Association of REALTORS #206606

$117,000
Jul 12, 2022

Listed (Active)

Waco Association of REALTORS #209485

$112,000
Mar 16, 2022

Listed (Active)

Waco Association of REALTORS #206606

$122,000
Oct 13, 2021

Expired

HARMLS #12065774

$129,999
Jul 13, 2021

Listed (Active)

HARMLS #12065774

$135,000
Dec 31, 2018

Expired

Waco Association of REALTORS #174552

$70,000
Apr 13, 2018

Listed (Active)

Waco Association of REALTORS #174552

$120,000
Jan 11, 2018

Expired

Waco Association of REALTORS #170869

$85,000
Jul 11, 2017

Listed (Active)

Waco Association of REALTORS #170869

$100,000
Jul 11, 2017

Listed (Active)

NTREIS #170869

$100,000
May 19, 2017

Sold

Waco Association of REALTORS #168393

Apr 27, 2017

Pending

Waco Association of REALTORS #168393

Jan 27, 2017

Listed (Active)

Waco Association of REALTORS #168393

$44,000
DateEvent & SourcePrice
02/12/2026

Listed (Active)

NTREIS #21178226

$966,000
12/19/2022

Sold

Waco Association of REALTORS #209485

12/19/2022

Sold

NTREIS #209485

12/01/2022

Pending

Waco Association of REALTORS #209485

11/30/2022

Expired

Waco Association of REALTORS #209485

$95,000
07/12/2022

Listed (Active)

NTREIS #209485

$112,000
07/12/2022

Withdrawn

Waco Association of REALTORS #206606

$117,000
07/12/2022

Listed (Active)

Waco Association of REALTORS #209485

$112,000
03/16/2022

Listed (Active)

Waco Association of REALTORS #206606

$122,000
10/13/2021

Expired

HARMLS #12065774

$129,999
07/13/2021

Listed (Active)

HARMLS #12065774

$135,000
12/31/2018

Expired

Waco Association of REALTORS #174552

$70,000
04/13/2018

Listed (Active)

Waco Association of REALTORS #174552

$120,000
01/11/2018

Expired

Waco Association of REALTORS #170869

$85,000
07/11/2017

Listed (Active)

Waco Association of REALTORS #170869

$100,000
07/11/2017

Listed (Active)

NTREIS #170869

$100,000
05/19/2017

Sold

Waco Association of REALTORS #168393

04/27/2017

Pending

Waco Association of REALTORS #168393

01/27/2017

Listed (Active)

Waco Association of REALTORS #168393

$44,000

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

Public Records for 3008 South 3rd Street

Taxable ValueLand$78,010Additions$475,680Total$553,690
Tax Record2024$12,262 ($1,022 / month)
Home Facts
Beds4Total Finished SqFt2,191 SqFtAbove Grade Finished SqFt2,191 SqFtStories2Lot Size23,784 SqFtStyleSingle Family ResidenceYear Built2023ZoningR1BCountyMCLENNANAPN480210000010009

Schools near 3008 South 3rd 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
Charter - PK to 5
Rating
School
Distance
South Waco Elementary School
PublicPK to 5

Cesar Chavez Middle School
Public6 to 8

University High School
Public9 to 12

Alta Vista El
CharterPK 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

Similar Sold Homes

3008 South 3rd Street is a multi-family home for sale in Waco, TX 76706. This property was listed for sale on February 12, 2026 by Coldwell Banker Apex, REALTORS, it's currently listed at $966,000. It has been on the market for a total of 8 days and was last sold on December 19, 2022. This listing's school district is Waco Independent School District. Nearby schools include South Waco Elementary School, Cesar Chavez Middle School and University High School. 3008 South 3rd Street is a 5-bed, 6-bath, 2,675 sqft multi-family home built in 2023.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims 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 discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Coldwell Banker Apex, REALTORS, Tiffanye Harrell, TREC #0673632

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.