Brazos Terrace Apartments — Sale in Waco, TX

  • Price: $850K
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Waco, TX 76701
  • Size: 6,480 SF

Investment Figures

Price per square foot
$131
Price per unit
$70,825 across 12 units

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

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. Building SF: 6480 | Land Size: 0.32 Ac | Listing Type: FOR SALE

Market Context

This multifamily in Waco, TX is listed for sale at $849,900 across 6,480 SF. It has been on the market for 70 days. Compare it against other multifamily listings for sale in Waco, TX — view the full market.

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