3204 N 24th St

$525,000
Price
6
Beds
1,116 Sq. Ft.
$470 / Sq. Ft.
1,116
Sq. Ft.
$470
per Sq. Ft.

Description

Investment opportunity in the heart of North Waco. Located on the corner of N 24th Street and Edna Avenue, this 4-unit multifamily property offers stable income, strong rental demand, and easy access to nearby schools, shopping, and major employers. Each unit is individually metered and designed for low-maintenance operation — a solid addition to any investor’s portfolio. With continuous rental demand in this neighborhood and the ongoing growth throughout Waco, this corner property presents a compelling...Investment opportunity in the heart of North Waco. Located on the corner of N 24th Street and Edna Avenue, this 4-unit multifamily property offers stable income, strong rental demand, and easy access to nearby schools, shopping, and major employers. Each unit is individually metered and designed for low-maintenance operation — a solid addition to any investor’s portfolio. With continuous rental demand in this neighborhood and the ongoing growth throughout Waco, this corner property presents a compelling long-term hold or value-add opportunity. Whether you’re expanding your investment portfolio or stepping into multifamily ownership, this is a property worth serious consideration. Each unit is furnished and comes with a stove and refrigerator. This turnkey investment provides multiple income streams in one prime location. Schedule your private showing
Legal: MELBOURNE HTS Block P, Lots 8 & 9 (0.2032 + 0.2008 acres).
  1. Listed by Kenneth Castello • TREC #683066 • Weichert, Realtors - The Eastland Group

Property Details for 3204 North 24th Street

Subdivision Name
Melbourne Heights
Pool
No
Number Of Parking Spaces
5
LISTING UPDATED: 12/08/2025 10:48 AM

Property Details for 3204 North 24th Street

StatusActive
MLS #21126701
Days on Market19
Taxes$2,965 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Multiple Single Units
Year Built1923
Lot Size0.20 AC / 8,755 SF
CountyMcLennan County

Location

Listing Courtesy of Weichert, Realtors - The Eastland Group, Kenneth Castello, TREC #683066
Add your commute

Building Information for 3204 North 24th Street

Stories1Residences4Year Built1923Building Size-Lot Size0.20 AC / 8,755 SF

Payment Calculator

$2,841 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,594

Property Taxes

$247

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3204 North 24th Street

Summary
Location and General Information
  • Block: P
  • Complex Name: NA
  • Directions: Google maps will provide driving directions
  • Elementary School: Cedar Ridge
  • Elementary School Name: Cedar Ridge
  • High School: Waco
  • High School Name: Waco
  • Middle School: Tennyson
  • Year Built Details: Preowned
  • School District: Waco ISD
  • Geocode Confidence: High
  • Latitude: 31.57
  • Longitude: -97.17
  • State: Texas
Parking
  • Parking Features: Detached Carport
Taxes and HOA Information
  • Tax Legal Description: MELBOURNE HTS LOT 8 BLOCK P ACRES .2008
  • Association Type: None
  • Tax Lot: 8
Virtual Tour
Interior and Exterior Features
Interior Features
  • Flooring: Vinyl, Wood
  • Heating: Central, Electric
  • Interior Features: Built-in Features, Cable TV Available
  • Appliances: Dryer, Electric Range, Gas Water Heater, Microwave, Refrigerator, Washer
  • Cooling: Ceiling Fan(s), Central Air
  • Smart Home Features Appor Pass Y: No
Exterior Features
  • Building Area Source: Assessor
  • Construction Materials: Wood
  • Foundation Details: Pillar/Post/Pier
  • Number Of Stories: 1
  • Roof: Composition, Metal
  • Waterfront: No
  • Number Of Units Total: 4
  • Levels: One
Property
Utilities
  • Utilities: City Sewer, City Water, Electricity Connected
Property and Assessments
  • Exclusions: All units are furnished with only a few exclusions
  • Handicap: No
  • Loan Type: Treat As Clear
  • Property Match: APN
Lot Information
  • Lot Size Acres: 0.201
  • Lot Size Area: 0.201
  • Lot Size Units: Acres
  • Lot Size Square Feet: 8755.56
  • Multi Parcel ID: Yes
  • Parcel Number: 480289000170003
Multi Family
Multi-Family Information
  • Number Of Buildings: 3
  • Capitalization Rate: 13.33%
  • Gross Annual Expenses: $30,000
  • Gross Annual Income: $90,000
  • Insurance Expense: $5,000
  • Net Operation Income: $70,000.00
Unit 1
  • Approximate SQFT: 1116.0
  • Average Lease Amount: $2,250.00
  • Dining Area Length: 10.0
  • Dining Area Width: 10.0
  • Kitchen Length: 8.0
  • Kitchen Width: 8.0
  • Living Area Length: 10.0
  • Living Area Width: 10.0
  • Master Bed Length: 10.0
  • Master Bed Width: 12.0
  • Number Of Baths Full: 1
  • Number Of Baths Half: 0
  • Unit Type Type: 2 Bedroom
  • Unit Type Units Total: 4

Property History for 3204 North 24th Street

DateEvent & SourcePriceAppreciation
Dec 5, 2025

Withdrawn

NTREIS #21093887

Dec 5, 2025

Listed (Active)

NTREIS #21126701

$525,000
Nov 14, 2025

Price Change

NTREIS #21093887

$655,000
Oct 23, 2025

Listed (Active)

NTREIS #21093887

$695,000
DateEvent & SourcePrice
12/05/2025

Withdrawn

NTREIS #21093887

12/05/2025

Listed (Active)

NTREIS #21126701

$525,000
11/14/2025

Price Change

NTREIS #21093887

$655,000
10/23/2025

Listed (Active)

NTREIS #21093887

$695,000

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

Public Records for 3204 North 24th Street

Taxable ValueLand$17,140Additions$114,720Total$131,860
Tax Record2024$2,827 ($236 / month)
Home Facts
Beds0Baths1Total Finished SqFt1,116 SqFtAbove Grade Finished SqFt1,116 SqFtStories1Lot Size8,747 SqFtStyleSingle Family ResidenceYear Built1923Year Renovated1975ZoningR2CountyMCLENNANAPN480289000170003

Schools near 3204 North 24th Street

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

G W Carver Middle
Charter6 to 8

Waco High School
Public9 to 12

Brazos High School
Public9 to 12

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

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3204 North 24th Street is a multi-family home for sale in Waco, TX 76708. This property was listed for sale on December 5, 2025 by Weichert, Realtors - The Eastland Group, it's currently listed at $525,000. This listing's school district is Waco Independent School District. Nearby schools include Cedar Ridge Elementary School, G W Carver Middle and Waco High School. 3204 North 24th Street is a 6-bed, 4-bath, 1,116 sqft multi-family home built in 1923.

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 Weichert, Realtors - The Eastland Group, Kenneth Castello, TREC #683066

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© 2025 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”. © [2025] REsides, Inc. All rights reserved. Certain information contained herein is derived from information, which is the licensed property of, and copyrighted by, REsides, Inc.