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Diligence file / Portfolio

3000 Ethel six-unit portfolio

3000 Ethel Ave package, Waco, TX; three separately located duplex assets

Separate watchlistEvidence as of 2026-09-05

Overview

Current ask

$545,000USD
LISTING-STATED
Listing only · high support confidence
Sources, caveats & notes

Approximate package asking price.

Research current as of 2026-09-05

View source

Year built

UNKNOWNUNKNOWNEvidence strength not recordedNot recorded in the current research file.

Building area

UNKNOWNUNKNOWNEvidence strength not recordedNot recorded in the current research file.

Apparent / marketed units

6Dwelling units
LISTING-STATED
Multi source corroboration · high support confidence
Sources, caveats & notes

Six marketed units across three duplex assets; legal status remains unverified.

Research current as of 2026-09-05

View sourceView source

Unit configuration

THREE_GEOGRAPHICALLY_SEPARATE_DUPLEX_ASSETS
LISTING-STATED
Multi source corroboration · high support confidence
Sources, caveats & notes

Not one six-unit apartment building and not a clean single-site substitute.

Research current as of 2026-09-05

View sourceView source

Parcel identifier

UNKNOWNUNKNOWNEvidence strength not recordedNot recorded in the current research file.

The diligence brief

Why it ranks

This record remains Separate watchlist because unresolved evidence still controls whether it fits the current mandate. First gate: What are the exact three asset addresses and parcel/title relationships?

Priority is a diligence sequence, not an investment recommendation.

What could change the case

  • Single site mandate fit: Existence of six units does not replace the owner-occupied single-site mandate.
  • Executed portfolio rent: Marketing calls the assets income-producing/fully leased, but no exact rent roll was verified.

What the seller must prove

  • Complete asset schedule
  • Portfolio rent roll and all executed leases
  • Parcel, title, utility, and meter information for each duplex

What we should verify next

  • Direct parcel and legal-use records for each of the three duplex assets

What could kill the deal

Unresolved and weakly supported fields that can change the diligence priority. These are questions to resolve, not conclusions that a defect exists.

Single site mandate fit

Existence of six units does not replace the owner-occupied single-site mandate.

INSUFFICIENT_FIT_EVIDENCE
ESTIMATED
Analyst estimate · low support confidence
Why we believe this

Existence of six units does not replace the owner-occupied single-site mandate.

Research current as of 2026-09-05

View source

Executed portfolio rent

Marketing calls the assets income-producing/fully leased, but no exact rent roll was verified.

UNKNOWNUSD per month
UNKNOWN
Unknown basis · low support confidence
Why we believe this

Marketing calls the assets income-producing/fully leased, but no exact rent roll was verified.

Research current as of 2026-09-05

No source attached

Rent evidence

ASKING RENT COMPS · Advertised asks are not executed rents or verified collections.

Executed portfolio rent

UNKNOWNUSD per month
UNKNOWN
Unknown basis · low support confidence
Sources, caveats & notes

Marketing calls the assets income-producing/fully leased, but no exact rent roll was verified.

Research current as of 2026-09-05

No source attached

UNKNOWN · No asking-rent comparable record is linked to this asset.

What we are relying on

Complete canonical fields, including load-bearing claims and estimates. No property-wide confidence score is inferred.

Asking price

$545,000USD
LISTING-STATED
Listing only · high support confidence
Sources, caveats & notes

Approximate package asking price.

Research current as of 2026-09-05

View source

Marketed unit count

6Dwelling units
LISTING-STATED
Multi source corroboration · high support confidence
Sources, caveats & notes

Six marketed units across three duplex assets; legal status remains unverified.

Research current as of 2026-09-05

View sourceView source

Portfolio structure

THREE_GEOGRAPHICALLY_SEPARATE_DUPLEX_ASSETS
LISTING-STATED
Multi source corroboration · high support confidence
Sources, caveats & notes

Not one six-unit apartment building and not a clean single-site substitute.

Research current as of 2026-09-05

View sourceView source

Aggregate marketed bed bath

11BR/6BA
LISTING-STATED
Listing only · medium support confidence
Sources, caveats & notes

Aggregate package marketing claim.

Research current as of 2026-09-05

View source

Price per unit

$90,833USD per marketed unit
DERIVED
Model derived · high support confidence
Sources, caveats & notes

$545,000 divided by six marketed units; approximately $90,833 per unit before costs or repairs.

Research current as of 2026-09-05

View sourceView source

Includes brook

3412 Brook Cir
LISTING-STATED
Listing only · high support confidence
Sources, caveats & notes

Brook is one marketed component of the package.

Research current as of 2026-09-05

View source

Single site mandate fit

INSUFFICIENT_FIT_EVIDENCE
ESTIMATED
Analyst estimate · low support confidence
Sources, caveats & notes

Existence of six units does not replace the owner-occupied single-site mandate.

Research current as of 2026-09-05

View source

Executed portfolio rent

UNKNOWNUSD per month
UNKNOWN
Unknown basis · low support confidence
Sources, caveats & notes

Marketing calls the assets income-producing/fully leased, but no exact rent roll was verified.

Research current as of 2026-09-05

No source attached

What evidence is missing

Open questions

  • What are the exact three asset addresses and parcel/title relationships?
  • What are the six executed rents and lease expirations?
  • Which unit, if any, is available for owner occupancy?
  • Does a geographically distributed portfolio fit the mandate?

Seller / agent required

  • Complete asset schedule
  • Portfolio rent roll and all executed leases
  • Parcel, title, utility, and meter information for each duplex

Official records required

  • Direct parcel and legal-use records for each of the three duplex assets

Professional diligence required

  • No paid diligence until portfolio fit and complete seller evidence are established

What would change our mind

Resolution of these canonical open questions can change priority. No new numeric threshold or offer rule has been assumed.

Evidence / sources

Sources resolve through the catalog. An official portal reference does not establish that a property-specific record was captured.

Listing platform

Homes.com

3000 Ethel Ave package

Listing only · Retrieved 2026-09-05

Describes three income-producing, separately located duplexes and includes 3412 Brook Cir.

No direct source URL was archived
Research provenance

SRC-ETHEL-HOMES-LISTING

Internal citation tokens preserve research lineage; they are not external links.

turn15search21
Broker marketing

Roots / Roden broker marketing

3000 Ethel Ave six-unit package

Listing only · Retrieved 2026-09-05

Markets a six-unit package at approximately $545,000.

No direct source URL was archived
Research provenance

SRC-ETHEL-ROOTS-RODEN-LISTING

Internal citation tokens preserve research lineage; they are not external links.

turn15search2, turn15search5
Frozen research artifact

Waco Investment Intelligence Finalist Public Verification Report

research/verification/2026-09-05-waco-finalist-public-verification-report.md

Model derived · Retrieved 2026-09-05

Frozen research synthesis; underlying citation tokens are cataloged only as historical interface references.

No direct source URL was archived
Research provenance

SRC-FINALIST-VERIFICATION-REPORT

Internal citation tokens preserve research lineage; they are not external links.

No historical citation tokens