1902 S 8th St Waco, TX ^$ 2,000,000

1902 S 8th St

^$ 2,000,000

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Recently Listed

1902 S 8th St

Waco, TX, 76706

^$ 2,000,000

Bedrooms-- Baths-- Sq 6,889

Property for Rent in Waco, TX

for $2,000,000. This 6,889 square foot property was built in 1998 on a lot size of 0.3659.

This well-maintained property is ideally situated in a highly sought-after location near Baylor University, offering excellent visibility and accessibility. Recent updates include a roof, fresh exterior paint, durable Hardiplank sheathing, modern vinyl plank flooring, security lighting, and updated entry pads. With these key improvements already completed, this property is well situated for investors. The property offers strong future potential, including the possibility of converting to condominiums and selling units individually down the line. Currently offering a solid 7% cap rate, this is an outstanding opportunity in a growing and vibrant area.

Rental Active

Price

^$ 2,000,000

Taxes

^$ 13,535

Style

Multi Family

Lot Size

0.3659

Year Built

1998

Town/City

Waco

County/Region

McLennan

MLS | Web ID

2881930

Features

General

Sewer Public Sewer

Heating Central

Cooling Ceiling Fan(s) Central Air

Utilities Cable Connected Electricity Connected High Speed Internet Sewer Connected Water Connected

Security Features Fire Alarm Security Lights Smoke Detector(s)

Construction Materials Brick HardiPlank Type Board & Batten Siding

Year Built 1998

View None

Topography Flat

Property Subtype Multi Family

Tax Year 2025

Current Use Multi-Family

Accessibility None

County McLennan

Net Operating Income 140904

Operating Expense 31000

New Construction N

Property Type Commercial Sale

Energy Efficient None

Subdivision Name Bagby

Building Features Appliances

Green Sustainability None

Other Structures None

Status Active

Directions Exit IH 35. Head SE on 8th St. Property will be on your left. SE corner of 8th and Wood Ave.

City Waco

Disclosures None

MLS Area Out of Area

Lot Size Square Feet 15938.6

Tax Annual Amount 13535.24

Property Condition Updated/Remodeled

Additional Parcels Y/N N

Leasable Area 6880

Lease Type Fixed

Standard Status Active

Year Built Source Public Records

Tax Assessed Value 602000

Interior

Flooring Carpet Tile Vinyl

Total Bedrooms 0

Total Baths 0

Exterior

Parking Features Common Concrete

Water Source Public

Total Parking 10

Number of Buildings 1

Building Area Total 6889

Lot Size Acres 0.3659

Lot Size Source Public Records

Waterfront Y/N N

Other Equipment None

Horse Y/N N

Internal Only

Street Number 1 1902

* Excluded Features

List By

Kristofer Kasper

Listing Agent

Compass Re Texas, Llc

Broker

kris@themilestx.com

Nearby

Trends
Schools

About Waco, TX

132,853 Population

14% Since 2002

^$36,752 Median Income

30.74 Median Age

28% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

3038596 Elementary School

3038443 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/20/2026	$2,000,000		Listed Price

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1902 S 8th St, Waco, TX, 76706 is a Property for Rent at $2,000,000 with 6,889 sqft and a lot size of 0.3659. 1902 S 8th St was built in 1998. The property's zip code is 76706 which is in Waco, TX

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS)

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Austin Board of REALTORS(r)(alternatively, from ACTRIS) . Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS(r), ACTRIS and their affiliates provide the MLS and all content therein "AS IS" and without any warranty, express or implied."

Data is updated as of 5/23/2026.

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1902 S 8th St

Property for Rent in Waco, TX

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