3008 S  3rd St, Waco, TX 76706
FOR SALE
0.55 ACRES

3008 S 3rd St
Waco, TX 76706

Oakwood
  • 5 Beds
  • 5.5 Baths
  • 2,675 sqft (on 0.55 acres)

$899,000

Original price: $966,000
Est. Mortgage $5,510/mo*

$899,000

Original price: $966,000
Est. Mortgage $5,510/mo*
5 Beds
5.5 Baths
2,675 sqft
(on 0.55 acres)

Local Information

Map showing home location
© Google
-- mins to
Commute Destination

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.

Home Highlights

Parking
5 Parking Spaces
Outdoor
Yes
A/C
Heating & Cooling
HOA
None
Price/Sqft
$336
Listed
86 days ago

Home Details for 3008 S 3rd St

Interior Features

Beds & Baths
Number of Bedrooms: 5Number of Bathrooms: 6Number of Bathrooms (full): 5Number of Bathrooms (half): 1
Appliances & Utilities
Utilities: Sewer Available, Water AvailableAppliances: Dryer, Dishwasher, Electric Cooktop, Electric Oven, Electric Water Heater, Disposal, Microwave, Refrigerator, WasherDishwasherDisposalDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: ElectricHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Electric
Windows, Doors, Floors & Walls
Window: Window CoveringsFlooring: Ceramic Tile, Luxury Vinyl Plank
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoFloors: Ceramic Tile, Luxury Vinyl Plank
Security
Security: Security System Owned, Security System, Security Gate, Gated Community, Smoke Detector(s)

Exterior Features

Exterior Home Features
Roof: CompositionPatio / Porch: CoveredFencing: Back Yard, Full, Wood, Wrought IronFoundation: Slab
Parking & Garage
No GarageNo Attached GarageParking Spaces: 5Parking: Asphalt
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer

Days on Market

Cumulative Days on Market: 63Days on Market: 86

Property Information

Year Built
Year Built: 2023
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Building
Construction Materials: Board & Batten Siding
Property Information
Parcel Number: 480210000010009

Price & Status

Price
List Price: $899,000Price Per Sqft: $336
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: Active

Location

Direction & Address
City: WacoCommunity: Gurley D R Tr
School Information
Elementary School: South WacoElementary School District: Waco ISDJr High / Middle School: Cesar ChavezJr High / Middle School District: Waco ISDHigh School: UniversityHigh School District: Waco ISD

Agent Information

Listing Agent
Listing ID: 21178226

Building

Building Area
Building Area: 2675 Square Feet

Community

Community Features: GatedNot Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.55 acres

Offer

Listing Terms: Cash, Conventional, FHA, VA Loan

Miscellaneous

Mls Number: 21178226Living Area Range Units: Square FeetAbove Grade Unfinished Area Units: Square FeetBelow Grade Unfinished Area Units: Square FeetUniversal Property Id: US-48309-N-480210000010009-R-N

Additional Information

Gated
Last check for updates: about 2 hours ago
Listing courtesy of Tiffanye Harrell 0673632
Coldwell Banker Apex, REALTORS, (254) 776-0000
Source: NTREIS, MLS#21178226
Also Listed on NTREIS.

Price History for 3008 S 3rd St

DatePriceEventSource
03/12/2026$899,000PriceChange
NTREIS #21178226
02/12/2026$966,000Listed For SaleNTREIS #21178226
12/19/2022--Sold
NTREIS #209485
07/12/2022ListingRemovedColdwell Banker Apex, Realtors
04/22/2022$117,000PriceChange
Coldwell Banker Apex, Realtors #206606
03/17/2022$122,000Listed For SaleColdwell Banker Apex, Realtors #206606
10/14/2021ListingRemovedHAR #12065774
07/28/2021$129,999PriceChange
HAR #12065774
07/13/2021$135,000Listed For SaleHAR #12065774
01/01/2019$70,000ListingRemovedAgent Provided
12/20/2018$70,000PriceChange
Agent Provided
09/07/2018$85,000PriceChange
Agent Provided
07/16/2018$90,000PriceChange
Agent Provided
04/13/2018$120,000Listed For SaleAgent Provided
01/12/2018$85,000ListingRemovedAgent Provided
08/25/2017$85,000PriceChange
Agent Provided
07/13/2017$100,000Listed For SaleAgent Provided

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Property Tax and Assessment

Year2025
Tax$12,449
Assessment$553,690
Home facts updated by county records

Comparable Sales for 3008 S 3rd St

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.88
Multi-Family Home
-
01/15/26
11
12
4,932
2.89
Multi-Family Home
-
06/05/25
8
4
3,310
3.32
Multi-Family Home
-
06/30/25
5
3
3,060
3.49
Multi-Family Home
-
09/05/25
-
2,732
3.70
Multi-Family Home
-
07/29/25
1
2,160
5.00
Multi-Family Home
-
01/13/26
6
6
2,664
3.81
Multi-Family Home
-
12/29/25
-
2,892
6.77
Multi-Family Home
-
09/19/25
3
2
1,622
6.84
Multi-Family Home
-
11/19/25
3
2
1,622

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Oakwood

At least 11 Trulia users voted on each feature.
  • 92 % Say car is needed

  • 67 % Say there's holiday spirit

  • 65 % Say it's dog friendly

  • 64 % Say parking is easy

  • 64 % Say there are sidewalks

  • 62 % Say it's quiet

  • 53 % Say neighbors are friendly

  • 44 % Say kids play outside

  • 41 % Say yards are well-kept

  • 41 % Say people would walk alone at night

  • 38 % Say streets are well-lit

  • 36 % Say it's walkable to restaurants

  • 29 % Say they plan to stay for at least 5 years

  • 23 % Say there are community events

  • 21 % Say there's wildlife

  • 17 % Say it's walkable to grocery stores

Learn more about our methodology.
  • PJB1958$
    "Waco is getting harder all the time to get around in. Traffic is getting worse. Too many people moving in and not enough affordable housing "
  • Trulia User
    "it's a great place to be! great neighborhood to walk with your kids or walk your dog.peaceful and safe location .it's a great place. I miss the neighborhood alot"
  • Evanlclark98
    "Directly across the street from a great park and tons of other Baylor students nearby that also have dogs "
  • Avy H.
    "It’s a great neighborhood! Around Dia & other Baylor stuff there are drunk people driving around which is scary but you can’t really hear any parties or wild neighbors so it’s good! "
  • Masonwikoff
    "Lots of college students, often a party atmosphere with lots of street lights and great policing of the area"
  • Ddgrate
    "the environment and people always make the house a home the trees the fresh air and the birds humming make a neighborhood a community.yes i accept the community bi-laws."

LGBTQ Local Legal Protections

Tiffanye Harrell, Coldwell Banker Apex, REALTORS, (254) 776-0000
IDX information is provided exclusively for 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 not guaranteed.
3008 S 3rd St, Waco, TX 76706 is a 5 bedroom, 6 bathroom, 2,675 sqft multi-family built in 2023. 3008 S 3rd St is located in Oakwood, Waco. This property is currently available for sale and was listed by NTREIS on Feb 12, 2026. The MLS # for this home is MLS# 21178226.