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28268989
28268990

501 N 12th St, Waco, TX 76701

BH
TX TX 363789
Onward Real Estate Team - Keller Williams
AV
TX TX 650810
Onward Real Estate Team - Keller Williams
XR
TX 794462
Onward Real Estate Team - Keller Williams
Listed by Onward Real Estate Team - Keller Williams
$849,900
574 days on market
Updated 7 days ago
Opportunity zone

Brazos Terrace Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 6,480
Units 12
Price per SqFt $162
Class B
Year Built 1982
Buildings 1
Stories 2
Acreage 0.320
Zoning O-2: Office Residence
Investment Type Value Add

Multifamily | 12 Units

Marketing description

Located in the heart of Waco, Texas, Brazos Terrace Apartments offers an exceptional opportunity to invest in a well-maintained, multi-family property in a thriving urban area. Situated at 501 N 12th Street, this property boasts a prime location with easy access to local amenities, businesses, schools, and major transportation routes.

With spacious one-bedroom units, Brazos Terrace provides comfortable living options for residents seeking convenience, affordability, and a central location in Waco. The community is just minutes from local parks, restaurants, and shops, making it a highly desirable place to live.

Property Features:

  • Total Units: 12

  • Unit Mix: 1BD/1BA

  • Unit Size: 540 SF

  • Building Size: 6,480 SF

  • Lot Size: 0.32 Acres (13939.20 SF)

  • Year Built: 1982

Key Highlights:

  • Prime Location: Just minutes from downtown Waco, Baylor University, and major highways (IH-35 & US-84), providing residents with easy access to work, shopping, dining, and recreational options.

  • Ample Parking: Residents enjoy convenient/gated on-site parking.

  • Nearby Amenities: Walking distance to local schools, parks, public transportation, and shopping centers, including the Waco Downtown District and the Brazos Riverwalk.

Investment Opportunity:
Brazos Terrace Apartments offers a stable income-producing property with strong demand for rental units in the area. Whether you are looking to expand your portfolio or enter the multi-family investment market, this property provides the potential for long-term growth and cash flow in one of Central Texas’ most promising rental markets.

Investment highlights

  • Multifamily Investment Opportunity

  • 1BD/1BA Units (540 SF)

  • 100% Leased

  • Close Proximity to US Highway 84 & Downtown Waco

  • Financials Available Upon Request

Listing Contacts

BH
TX TX 363789
Onward Real Estate Team - Keller Williams
AV
TX TX 650810
Onward Real Estate Team - Keller Williams
XR
TX 794462
Onward Real Estate Team - Keller Williams
Listed by Onward Real Estate Team - Keller Williams

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Additional Information

Name
Brad Harrell
License
TX 363789
Brokerage
Onward Real Estate Team at KW Commercial
Brokerage Phone
2548700050
Title
Real Estate Broker Associate
Brokerage Address
3701 West Waco Drive
Name
Adam Voight
License
TX 650810
Brokerage
Onward Real Estate Team at KW Commercial
Title
Commercial Specialist
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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