2300-2338 Century Drive

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Address: 2300 Century Dr, Waco, TX 76712, USA
Texas + Apartment Buildings
Created date: October 22, 2025
Date last updated: September 19, 2026
Price: $4,250,000Investment Analyzer NEW!

Property Description

Discover a premier multifamily investment opportunity in one of Central Texas' most desirable submarkets. Built in 2018, Century Court Duplexes features 20 modern units spread across 10 duplex buildings situated on 2.27 acres in the heart of Hewitt, within the Midway ISD-one of Waco's most sought-after school districts. Each unit offers open-concept living, in-unit washer-dryer hookups, covered parking, and contemporary finishes designed to attract quality long-term tenants. The property's mix of (10) 2-bedroom-2-bath and (10) 3-bedroom-2-bath units provides strong rent diversity and appeal to both small families and professionals. Positioned directly across from Hewitt Elementary School and minutes from Highway 84 and Hewitt Drive, the property offers tenants convenient access to local retail, employment centers, and major transportation corridors. With stable in-place income and minimal deferred maintenance, Century Court Duplexes represents a turnkey investment opportunity with reliable cash flow in a high-demand Central Texas rental market. Full financials are available with a signed NDA.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $4,250,000
No. of Units: 20
Year Built: 2018
Lot Size: 21,950.00 Sq ft
Opportunity Zone: No
Price per unit: $212,500
Property Website Click Here
Number of Bedrooms: 25
Number of Bathrooms: 20
Address: 2300-2338 Century Drive, Waco, TX 76712, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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