3008 S 3rd St, Waco, TX, 76706
About This Home
Welcome to 3008 S. 3rd Street—a rare investment opportunity in the heart of the highly sought-after Baylor Bubble! This unique property features two separate residences, offering incredible flexibility for homeowners, investors, or those looking to maximize rental income. The primary residence boasts an impressive 4-bedroom, 4.5-bathroom layout with spacious living areas designed for comfort and functionality. Complementing the main home is a detached 1-bedroom, 1-bathroom ADU, creating the perfect setup for student housing, long-term rentals, short-term vacation stays, or private guest accommodations. With just under 3,000 square feet of combined living space, this property delivers the ideal blend of space, versatility, and income-producing potential. Live in one residence while generating rental income from the other, or capitalize on both as investment properties in one of Waco’s most desirable locations. Opportunities like this are few and far between in the Baylor area. Whether you’re expanding your investment portfolio, searching for a house hack, or looking for the perfect game-day getaway with built-in income potential, 3008 S. 3rd Street checks every box.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Resale
- Year built: 2023
Materials
- Foundation: Slab
- Roof: Composition
- Construction materials: Board & Batten Siding
Type & Style
- Home type: SingleFamily
- Architectural style: Detached
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 6
- Full bathrooms: 5
- 1/2 bathrooms: 1
Dining Room
- Level: First
- Dimensions: 0 x 0
Dining Room
- Level: First
- Dimensions: 0 x 0
Features
- Cable TV
Heating & Cooling
- Heating features: Central,Electric
- Cooling features: Central Air,Electric
Interior Area
- Total interior livable area: 2,675 sqft
Living Room
- Level: First
- Dimensions: 0 x 0
Living Room
- Level: First
- Dimensions: 0 x 0
Master Bedroom
- Level: First
- Dimensions: 0 x 0
Property
Details
- Parcel number: 480210000010009
- Attached to another structure: Yes
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Lot size: 0.55 Acres
Parking
- Parking features: Driveway
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Tornado
- Cold Wave
- Lightning
- Heat Wave
- Inland Flooding
How This Home’s Risks Compare
FEMA Declared Disasters Across Texas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,944 | $47,328 |
| Home Insurance * | $462 | $5,544 |
| Property Taxes | $1,431 | $17,172 |
| Electricity | $293 | $3,524 |
| Total | $6,130 | $73,560 |
Income You'd Need if You Spent...
Texas FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-30 | Listed for sale | $780,000 |
| 2026-07-06 | Listing removed | $899,000 |
| 2026-03-12 | Price change | $899,000 |
| 2026-02-12 | Listed for sale | $966,000 |
| 2022-12-19 | Sold | -- |
| 2022-07-12 | Listing removed | -- |
| 2022-04-22 | Price change | $117,000 |
| 2022-03-17 | Listed for sale | $122,000 |
| 2021-10-14 | Listing removed | -- |
| 2021-07-28 | Price change | $129,999 |
| 2021-07-13 | Listed for sale | $135,000 |
| 2019-01-01 | Listing removed | $70,000 |
| 2018-12-20 | Price change | $70,000 |
| 2018-09-07 | Price change | $85,000 |
| 2018-07-16 | Price change | $90,000 |
| 2018-04-13 | Listed for sale | $120,000 |
| 2018-01-12 | Listing removed | $85,000 |
| 2017-08-25 | Price change | $85,000 |
| 2017-07-13 | Listed for sale | $100,000 |
For Sale by Agent
View on Zillow