Authoritative or independent evidence supports the value.
Evidence behind the investment case
Use this page when you want to challenge a claim
The summary pages tell you what currently matters. This page shows why a fact or assumption is being used, how strong the support is, and what remains unresolved.
Stated by a seller, broker or listing platform; not independently confirmed.
Calculated from disclosed underlying inputs.
An explicit analytical or model assumption.
Evidence is insufficient. Missing evidence is not a zero or proof of absence.
Material reported values disagree and the discrepancy remains unresolved.
How to read the evidence
Evidence state describes what kind of claim you are looking at. Verification basis describes where the support came from. Support confidence describes how strongly the available material supports the claim — it does not mean the claim is legally or independently verified.
See the verification-basis definitions
- Authoritative direct
- Direct official record or primary document accessed and reproducible.
- Authoritative reproduction
- A secondary source reproduces an official field; the original record is not directly archived.
- Multi source corroboration
- Multiple independent secondary sources agree; no controlling official record captured.
- Listing only
- Seller, broker, MLS syndication or listing-platform source.
- Seller document
- Seller-provided lease, rent roll, disclosure, invoice or similar document.
- Professional report
- Inspection, quote, survey, title work or other professional output.
- Model derived
- Calculated from identified inputs.
- Analyst estimate
- Explicit assumption or judgment.
- Unknown basis
- Evidence basis is insufficient or unclear.
A listing claim can have high support confidence and still remain LISTING-STATED. Reproduced public records do not become AUTHORITATIVE_DIRECT. Evidence colors describe evidence state, never investment desirability.
Direct official records still missing
Shown for the selected property. References to official portals do not mean that a controlling property-specific record has been captured.
2601–2603 Summer Ave
- McLennan CAD account sheet, ownership, and exemptions
- Current tax account
- City GIS zoning
- Legal-use, certificate-of-occupancy, or lawful-nonconforming evidence
- Permit history
- Parcel-level flood record
3206 N 20th A St
- Direct McLennan CAD parcel record
- City GIS zoning
- Legal two-unit and certificate-of-occupancy evidence
- Permit history
- Parcel-level flood record
1200–1202 N 9th St
- Direct McLennan CAD account and parcel identifier
- City GIS zoning and legal-duplex-use evidence
- Parcel-level flood record
- Permit history including the underlying gas permit
2208 Cumberland Ave
- Direct McLennan CAD record
- City GIS zoning and legal-use evidence
- Permit history
- Parcel-level flood record
3412 Brook Cir
- Direct McLennan CAD record and parcel identifier
- City GIS zoning and legal-use evidence
- Permit history
- Parcel-level flood record
3000 Ethel six-unit portfolio
- Direct parcel and legal-use records for each of the three duplex assets
Source catalog
Waco Owner-Occupied Multifamily Investment Intelligence
research/deep-research/2026-09-05-waco-owner-occupied-multifamily-investment-intelligence.md
Frozen comparative screening baseline.
Research provenance
SRC-ASTRA-BASELINE
No historical citation tokensFable 5.1 Adversarial Investor Review
research/adversarial-reviews/2026-09-05-fable-5-1-adversarial-investor-review.md
Frozen adversarial review; critiques are not automatically canonical facts.
Research provenance
SRC-FABLE-REVIEW
No historical citation tokensWaco Investment Intelligence Finalist Public Verification Report
research/verification/2026-09-05-waco-finalist-public-verification-report.md
Frozen research synthesis; underlying citation tokens are cataloged only as historical interface references.
Research provenance
SRC-FINALIST-VERIFICATION-REPORT
No historical citation tokensZillow
2601-2603 Summer Ave listing
Current listing and reproduced tax/property fields; no direct URL was preserved in the frozen report.
Research provenance
SRC-SUMMER-ZILLOW-LISTING
turn18search1, turn28search0, turn28search4Realtor.com
APN 480176000063004
Secondary reproduction of parcel and property fields; direct CAD record not archived.
Research provenance
SRC-SUMMER-REALTOR-RECORD
turn28search2HAR
APN 480176000063004
Appraisal-derived fields and current MLS syndication; direct authoritative record not archived.
Research provenance
SRC-SUMMER-HAR-RECORD
turn3search2, turn14search10Coldwell Banker
2601-2603 Summer Ave listing
Current marketing corroboration of four marketed units.
Research provenance
SRC-SUMMER-COLDWELL-LISTING
turn18search21Homes.com
2601-2603 Summer Ave listing
Marketing uses newly remodeled language; no permit evidence.
Research provenance
SRC-SUMMER-HOMES-LISTING
turn18search19Redfin
APN 480176000063004 zoning field
Secondary zoning field reports R-3E; conflicts with Compass.
Research provenance
SRC-SUMMER-REDFIN-ZONING
turn21search1Compass
APN 480176000063004 zoning field
Secondary zoning field reports O2/O-2; conflicts with Redfin.
Research provenance
SRC-SUMMER-COMPASS-ZONING
turn21search4City of Waco GIS
Record identifier UNKNOWN
Official portal was located, but no reproducible address-level record was archived.
Research provenance
SRC-WACO-GIS-PORTAL
turn23view2City of Waco development permit portal
Record identifier UNKNOWN
Official portal was located, but no reproducible subject permit record was captured.
Research provenance
SRC-WACO-PERMIT-PORTAL
turn8search22City and County flood resources
Record identifier UNKNOWN
No address-level authoritative flood determination was captured.
Research provenance
SRC-WACO-FLOOD-RESOURCES
turn8search2, turn28search22Zillow
2604-Lasker-Ave-C; ZPID 2103383812
Asking-rent observation, not an executed lease.
Research provenance
SRC-SUMMER-COMP-2604-LASKER
turn2search1, turn2search20Zillow
ZPID 441744202
2425 Parrott Ave asking-rent observation.
Research provenance
SRC-SUMMER-COMP-2425-PARROTT
No historical citation tokensZillow
ZPID 52095623
2209 Homan Ave asking-rent observation.
Research provenance
SRC-SUMMER-COMP-2209-HOMAN
No historical citation tokensZillow
ZPID 52088659
3305 Bosque Blvd asking-rent observation.
Research provenance
SRC-SUMMER-COMP-3305-BOSQUE
No historical citation tokensZillow
ZPID 2115539817
2701 Colonial Ave Apt C asking-rent observation.
Research provenance
SRC-SUMMER-COMP-2701-COLONIAL-C
No historical citation tokensZillow
ZPID 2052974570
3916 Homan Ave #3918 asking-rent observation.
Research provenance
SRC-SUMMER-COMP-3916-HOMAN-3918
No historical citation tokensZillow
ZPID 52093270
3404 N 25th St asking-rent observation.
Research provenance
SRC-SUMMER-COMP-3404-N-25TH
No historical citation tokensZillow
ZPID 52103282
3113 Wenz Ave asking-rent observation.
Research provenance
SRC-SUMMER-COMP-3113-WENZ
No historical citation tokensZillow
ZPID 52093223
2612 Alice Ave asking-rent observation.
Research provenance
SRC-SUMMER-COMP-2612-ALICE
No historical citation tokensZillow
ZPID 52092717
3624 N 23rd St asking-rent observation.
Research provenance
SRC-SUMMER-COMP-3624-N-23RD
No historical citation tokensZillow
ZPID 52102128
2221 Windsor Ave asking-rent observation.
Research provenance
SRC-SUMMER-COMP-2221-WINDSOR
No historical citation tokensZillow
ZPID 459854611
1808-10 Windsor Ave #1808 asking-rent observation.
Research provenance
SRC-SUMMER-COMP-1808-WINDSOR
No historical citation tokensZillow
ZPID 464850207
3024 Lasker Ave Unit A asking-rent observation.
Research provenance
SRC-SUMMER-COMP-3024-LASKER-A
No historical citation tokensZillow
ZPID 2085639233
2317 N 15th St asking-rent observation.
Research provenance
SRC-SUMMER-COMP-2317-N-15TH
No historical citation tokensZillow
3206 N 20th A St whole-property sale record
Current sale marketed in aggregate as 6BR/4BA and two units.
Research provenance
SRC-3206-ZILLOW-SALE
turn19search0, turn20search3Zillow
3206 N 20th A/B child records
Child records report approximately 872 square feet per side; conveyability is not established.
Research provenance
SRC-3206-ZILLOW-CHILD-RECORDS
turn20search7Homes.com
3206 N 20th A St listing
Reports two total units and the aggregate current sale configuration.
Research provenance
SRC-3206-HOMES-LISTING
turn19search1HAR
APN 480295000046001
Appraisal-derived characteristics, tax reproduction, and listing history; direct CAD/title not archived.
Research provenance
SRC-3206-HAR-RECORD
turn13search0, turn20search10Coldwell Banker
APN 480295000046001
Reproduces parcel, legal, tax, and property characteristics.
Research provenance
SRC-3206-COLDWELL-RECORD
turn20search19Compass
APN 480295000046001 zoning field
Secondary zoning field reports R2; official City confirmation is absent.
Research provenance
SRC-3206-COMPASS-ZONING
turn21search5Zillow
2318 N 15th A St rental listing
Asking-rent observation; no ZPID preserved.
Research provenance
SRC-3206-COMP-2318-N-15TH-A
No historical citation tokensZillow
4001 N 25th St rental listing
Asking-rent observation; no ZPID preserved.
Research provenance
SRC-3206-COMP-4001-N-25TH
No historical citation tokensZillow
3200 N 17th St #2 rental listing
Asking-rent observation; townhome classification.
Research provenance
SRC-3206-COMP-3200-N-17TH-2
No historical citation tokensZillow
2501 Proctor Ave rental listing
Asking-rent observation; no ZPID preserved.
Research provenance
SRC-3206-COMP-2501-PROCTOR
No historical citation tokensZillow
1914 Herring Ave rental listing
Asking-rent observation; smaller than several other comps.
Research provenance
SRC-3206-COMP-1914-HERRING
No historical citation tokensZillow
3732 N 21st St rental listing
Asking-rent observation; no ZPID preserved.
Research provenance
SRC-3206-COMP-3732-N-21ST
No historical citation tokensZillow
1600 Lake Shore Dr rental listing
Apartment-community asking rent; context only.
Research provenance
SRC-3206-COMP-1600-LAKE-SHORE
No historical citation tokensZillow
1200-1202 N 9th St listing
Current marketing and listing history.
Research provenance
SRC-N9-ZILLOW-LISTING
turn26search15, turn27search10Compass
1200-1202 N 9th St current listing
Reports two units, unit schedule, and listing-stated rents.
Research provenance
SRC-N9-COMPASS-LISTING
turn27search7Public-record-derived listing sources
MCAD-style 480126030119003; Dewey Addition Lot 2 Block 15
Direct CAD account was not archived; current listing also exposes alternate identifier 1741339.
Research provenance
SRC-N9-PUBLIC-RECORD-REPRODUCTION
turn27search0, turn27search3, turn27search4Compass public-record reproduction
2024 appraisal/tax record
Historical values are stale for acquisition underwriting.
Research provenance
SRC-N9-COMPASS-HISTORIC-RECORD
turn27search6Redfin
R-2 zoning and 2024 gas permit/test fields
Underlying City zoning and permit records were not archived.
Research provenance
SRC-N9-REDFIN-REPRODUCTION
turn27search0, turn27search17Current MLS syndication
Alternate identifier 1741339 and $1,000/$1,200 advertised rents
Current MLS fields; seller/listing rent claims are not supported by executed leases.
Research provenance
SRC-N9-CURRENT-MLS-RECORD
turn26search15, turn26search17Public rental listing; platform not identified in frozen report
1616 N 7th rental listing
2BR/1BA asking-rent observation; square footage and distance not supplied.
Research provenance
SRC-N9-COMP-1616-N-7TH
No historical citation tokensPublic rental listing; platform not identified in frozen report
2107 Morrow Ave rental listing
2BR/1BA asking-rent observation.
Research provenance
SRC-N9-COMP-2107-MORROW
No historical citation tokensPublic rental listing; platform not identified in frozen report
1518 Cumberland Ave rental listing
2BR/1BA asking-rent observation.
Research provenance
SRC-N9-COMP-1518-CUMBERLAND
No historical citation tokensPublic rental listing; platform not identified in frozen report
909 N 10th rental listing
2BR/1BA asking-rent observation.
Research provenance
SRC-N9-COMP-909-N-10TH
No historical citation tokensPublic rental listing; platform not identified in frozen report
615 N 23rd St rental listing
2BR/1BA asking-rent observation.
Research provenance
SRC-N9-COMP-615-N-23RD
No historical citation tokensPublic rental listing; platform not identified in frozen report
1633 N 18th rental listing
3BR/1BA asking-rent observation; square footage and distance not supplied.
Research provenance
SRC-N9-COMP-1633-N-18TH
turn30search8Public rental listing; platform not identified in frozen report
1825 Cumberland rental listing
3BR/1BA asking-rent observation.
Research provenance
SRC-N9-COMP-1825-CUMBERLAND
turn30search8Public rental listing; platform not identified in frozen report
1108 N 9th rental listing
3BR/2BA higher secondary context; asking rent amount was not stated in the frozen report and is therefore not entered as a comparable.
Research provenance
SRC-N9-COMP-1108-N-9TH
turn30search8Zillow
2208 Cumberland Ave listing
Current ask and aggregate marketed characteristics.
Research provenance
SRC-CUMBERLAND-ZILLOW-LISTING
turn29search5Zillow
APN 480424000626003
Reproduced parcel, assessment, and tax fields; direct CAD/tax records not archived.
Research provenance
SRC-CUMBERLAND-ZILLOW-RECORD
turn30search0HAR
University Heights Lot 4 Block 55
Reproduced legal description; direct CAD record not archived.
Research provenance
SRC-CUMBERLAND-HAR-RECORD
turn1search11Homes.com
2208 Cumberland Ave listing
Supports two marketed units.
Research provenance
SRC-CUMBERLAND-HOMES-LISTING
turn26search4Older public marketing
2208 Cumberland Ave older unit description
Reports two 2BR/1BA units and conflicts with current aggregate 4BR/3BA marketing.
Research provenance
SRC-CUMBERLAND-OLDER-MARKETING
turn29search8Platform child-unit record
2208 Cumberland Ave A
Reports 2BR/2BA but attaches whole-building area; not an authoritative floor plan.
Research provenance
SRC-CUMBERLAND-CHILD-A-RECORD
turn29search23Apartments.com
2208 Cumberland Ave room-for-rent marketing
Approximately $825 room-rental ask; not interchangeable with whole-unit rent.
Research provenance
SRC-CUMBERLAND-ROOM-LISTING
turn29search1Public rental listing; platform not identified in frozen report
3816 Cumberland Ave rental listing
2BR/1BA asking-rent observation.
Research provenance
SRC-CUMBERLAND-COMP-3816-CUMBERLAND
No historical citation tokensPublic rental listing; platform not identified in frozen report
1518 Cumberland Ave rental listing
2BR/1BA asking-rent observation.
Research provenance
SRC-CUMBERLAND-COMP-1518-CUMBERLAND
No historical citation tokensPublic rental listing; platform not identified in frozen report
2107 Morrow Ave rental listing
2BR/1BA asking-rent observation; square footage not disclosed.
Research provenance
SRC-CUMBERLAND-COMP-2107-MORROW
No historical citation tokensPublic rental listing; platform not identified in frozen report
615 N 23rd St rental listing
2BR/1BA asking-rent observation.
Research provenance
SRC-CUMBERLAND-COMP-615-N-23RD
No historical citation tokensPublic rental listing; platform not identified in frozen report
2913 Homan Ave rental listing
2BR/1BA asking-rent observation; larger secondary comp.
Research provenance
SRC-CUMBERLAND-COMP-2913-HOMAN
No historical citation tokensZillow
3412 Brook Cir listing
Current ask and marketed aggregate characteristics.
Research provenance
SRC-BROOK-ZILLOW-LISTING
turn29search3HAR
3412 Brook Cir listing
Current marketing describes two 1BR/1BA units.
Research provenance
SRC-BROOK-HAR-LISTING
turn29search7HAR appraisal-derived record
Brookview Hills Block J Lot 7
Legal description, market value, area, year, and conflicting 1BR/1BA characteristic; parcel number absent.
Research provenance
SRC-BROOK-HAR-RECORD
turn2search7Coldwell Banker
3412 Brook Cir listing history
Listing campaign history.
Research provenance
SRC-BROOK-COLDWELL-LISTING
turn29search16Homes.com
3412 Brook Cir listing
Current two-unit marketing.
Research provenance
SRC-BROOK-HOMES-LISTING
turn30search7Realtor.com
3412 Brook Cir zoning field
Secondary field reports R3D; official City record not archived.
Research provenance
SRC-BROOK-REALTOR-ZONING
turn30search3Paired platform property record
3414 Brook Cir 1BR/1BA, approximately 645 square feet
Makes a two-small-unit configuration plausible but does not prove legal use.
Research provenance
SRC-BROOK-3414-CHILD-RECORD
turn30search1Zillow rental snapshot
508 N 38th / Ambassador rental listing
Apartment-community asking-rent context.
Research provenance
SRC-BROOK-COMP-508-N-38TH
No historical citation tokensZillow rental snapshot
Car Mel, 3638 W Waco Dr rental listing
Apartment-community listing reported a range of unit areas and asking rents.
Research provenance
SRC-BROOK-COMP-CAR-MEL
No historical citation tokensZillow rental snapshot
846 N 62nd St rental listing
Farther-west asking-rent observation.
Research provenance
SRC-BROOK-COMP-846-N-62ND
No historical citation tokensZillow rental snapshot
Three 44 rental listing
Apartment-community listing reported an asking-rent range.
Research provenance
SRC-BROOK-COMP-THREE-44
No historical citation tokensRoots / Roden broker marketing
3000 Ethel Ave six-unit package
Markets a six-unit package at approximately $545,000.
Research provenance
SRC-ETHEL-ROOTS-RODEN-LISTING
turn15search2, turn15search5Homes.com
3000 Ethel Ave package
Describes three income-producing, separately located duplexes and includes 3412 Brook Cir.
Research provenance
SRC-ETHEL-HOMES-LISTING
turn15search21