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Stewart 2800 Stewart Dr 16 Unit Apartment Building $3,838,780 CAD ($239,924 CAD/Unit) Waco, TX 76708



EXECUTIVE SUMMARY
15 Unit townhome-style multi-unit investment opportunity located at 2800–2912 Stewart Dr, Waco, TX 76708. These modern townhomes feature spacious 2-bedroom, 2.5-bathroom floor plans, each offering approximately 1,327 square feet of living space.
Every unit includes tall ceilings, granite countertops, hardwood or vinyl flooring, LED lighting, and stainless steel appliances. Additional conveniences include in-unit washer/dryer hookups, central air conditioning, a private balcony or patio, and an attached 2-car garage.
Nestled in a peaceful setting along Lake Shore Drive and backed by a wooded greenbelt, the property provides a quiet, scenic backdrop for residents, creating strong appeal for long-term leasing.
Located in the Cedar Ridge neighborhood, these townhomes are in a primarily car-dependent area, but benefit from proximity to Cedar Ridge Elementary, Brazos High School, and major medical centers including Providence Health Center and Baylor Scott & White.
Every unit includes tall ceilings, granite countertops, hardwood or vinyl flooring, LED lighting, and stainless steel appliances. Additional conveniences include in-unit washer/dryer hookups, central air conditioning, a private balcony or patio, and an attached 2-car garage.
Nestled in a peaceful setting along Lake Shore Drive and backed by a wooded greenbelt, the property provides a quiet, scenic backdrop for residents, creating strong appeal for long-term leasing.
Located in the Cedar Ridge neighborhood, these townhomes are in a primarily car-dependent area, but benefit from proximity to Cedar Ridge Elementary, Brazos High School, and major medical centers including Providence Health Center and Baylor Scott & White.
PROPERTY FACTS
| Price | $3,838,780 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $239,924 CAD | Building Class | B |
| Sale Type | Investment | Lot Size | 5.27 AC |
| No. Units | 16 | Building Size | 26,948 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Apartment | Year Built | 1984 |
| Zoning | R1B | ||
| Price | $3,838,780 CAD |
| Price Per Unit | $239,924 CAD |
| Sale Type | Investment |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 5.27 AC |
| Building Size | 26,948 SF |
| No. Stories | 1 |
| Year Built | 1984 |
| Zoning | R1B |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2.5 | 16 | - | 1,327 |
PROPERTY TAXES
| Parcel Number | 48-010505-000101-6 | Improvements Assessment | $1,949,722 CAD |
| Land Assessment | $492,531 CAD | Total Assessment | $2,442,253 CAD |
PROPERTY TAXES
Parcel Number
48-010505-000101-6
Land Assessment
$492,531 CAD
Improvements Assessment
$1,949,722 CAD
Total Assessment
$2,442,253 CAD
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