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University

University

$182,858 Average Value
$330 Average Price per Sq Ft
3 Homes For Sale

Access to downtown Waco, Baylor and I-35

Though it’s just a mile southwest of downtown Waco and Baylor University — the top employer in McLennan County — the University neighborhood has a slightly misleading name. “It’s not in what we call the 'Baylor bubble,' where most of the students can be found,” says Katie Snapp, Realtor with Camille Johnson, Realtors. “It's very affordable, there’s a lot of great commercial business in that space, and it’s near I-35 for people who need to hop on really quickly.” Some of the narrow residential streets are within walking distance of downtown amenities, but wallet-friendly home prices are the main draw. A few of Waco’s best-known restaurants are parked along the Interstate 35 corridor, drawing folks from all around the city.

Waco's University is just a mile southeast of downtown Waco with affordable housing.
Waco's University is just a mile southeast of downtown Waco with affordable housing.
University is just a mile south of Downtown Waco.
University is just a mile south of Downtown Waco.
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George’s Restaurant, home of the Big O

George’s Restaurant on Speight Avenue is a Waco favorite. The menu features standard pub grub — burgers, chicken fried steak, fajitas, etc. — but George’s claim to fame is the “Big O,” a hefty goblet for frosty draft beer. Chip and Joanna Gaines put their stamp on South Valley Mills Drive when they transformed the Elite Café into the hip breakfast and lunch spot Magnolia Table. The menu highlights local ingredients, and it’s not uncommon to see folks lining up for Jo’s famous buttermilk biscuits. Another cool local spot, Dos Mundos Spud Shack, stuffs oversized baked potatoes with savory fillings like brisket and smoked sausage. Groceries are available at H-E-B on South Valley Mills Drive.

Small starter homes and fixer-uppers

Most houses in University are starter homes dating to the 1950s, and they average just over 1,000 square feet of living space. Recent remodels brought fresh curb appeal to many, but others still need some TLC. Lot sizes typically measure under a quarter acre, with fencing and tree growth offering privacy. Front lawns accented with paved walkways sit adjacent to driveways long enough to accommodate a single vehicle. Sidewalks are overgrown on some streets and nonexistent on others. Some fixer-uppers and vacant lots cost $50,000 to $100,000. The average two- to three-bedroom starter home is priced in the $150,000 to $300,000 range.

Many of University's homes have undergone remodels that retain the early 50's charm.
Many of University's homes have undergone remodels that retain the early 50's charm.
Recently renovated started homes make University a prime destination for young buyers.
Recently renovated started homes make University a prime destination for young buyers.
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Short hike to Bell’s Hill Elementary

Kids living in University have an easy walk to Bell’s Hill Elementary School, which is right in the neighborhood and has a Niche grade of C-plus. They’ll have to venture about a mile north to downtown Waco to get to Cesar Chavez Middle School, which gets a C from Niche. University High School in nearby Alta Vista receives a B. Students at University High School may participate in A.J. Moore Academies, a magnet program that prepares students for careers in fields including culinary arts, business and education.

GreatSchools gives Bell's Hill Elementary School a 16:1 student-to-teacher ratio in Univeristy.
GreatSchools gives Bell's Hill Elementary School a 16:1 student-to-teacher ratio in Univeristy.
University High School is a public school within Waco, TX near the University neighborhood.
University High School is a public school within Waco, TX near the University neighborhood.
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Community gatherings at South Waco Recreation Center

Residents of all ages gather at the South Waco Community Center. The facilities offer programming for students from kindergarten through high school, including after-school care and summer camps, plus adult and senior fitness classes. Outside the building, a playground and climbing structure draw in the younger crowd. Waco Creek flows through Bell’s Hill Park, a green space in the neighborhood’s northwest corner. A paved walking trail winds around picnic areas, play structures, an outdoor gym and an amphitheater.

Stop by the South Waco Community Center for fitness & group classes in Univeristy.
Stop by the South Waco Community Center for fitness & group classes in Univeristy.
Bells Hills Park is nestled in the University neighborhood near resident homes.
Bells Hills Park is nestled in the University neighborhood near resident homes.
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Concerts on the Brazos River

University residents are close enough to downtown Waco to join the festivities in early summer during the Brazos Nights concert series. On the first Fridays of May and June, live musicians take the stage at Indian Spring Park on the Brazos River. The celebration culminates on July 4th with a concert and fireworks near McLane Stadium in nearby Baylor. The South Waco Community Center also hosts family-oriented seasonal events such as trunk-or-treats and Easter egg hunts.

Just a few mins north of University, residents enjoy holiday festivities on the Brazos river.
Just a few mins north of University, residents enjoy holiday festivities on the Brazos river.
The Brazos River sits just a few mins north of University & runs horizontal through Waco.
The Brazos River sits just a few mins north of University & runs horizontal through Waco.
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Interstate 35 to downtown Waco

Interstate 35 travels along the neighborhood's eastern side, leading to downtown Waco and Baylor University about a mile north. The Circle — the first traffic rotary in Texas — connects the interstate to Valley Mills Drive near Magnolia Table. Waco Transit System buses serve the area and might be convenient in the summer heat, but it's also possible to walk downtown from the residential area. Waco Regional Airport is 7 miles away.

Sacred Heart Catholic Church

Sacred Heart Catholic Church
Across the street from South Waco Recreation Center, Sacred Heart Catholic Church holds Mass Wednesday through Sunday. Spanish and bilingual services are available, and confession is held daily.

St. Mark Lutheran Church is a historic Lutheran congregation located in University.
St. Mark Lutheran Church is a historic Lutheran congregation located in University.
Sacred Heart Catholic Church in University offers daily confessions and weekly mass.
Sacred Heart Catholic Church in University offers daily confessions and weekly mass.
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Adrienne Ryan
Written By
Adrienne Ryan
Antonio Bonner
Photography Contributed By
Antonio Bonner
Victoria Sharpe
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Victoria Sharpe

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Joe Reed, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Waco Regional

19 min drive

University Demographics and Home Trends

Housing Trends

Median List Price
$650,000
Median Sale Price
$1,500,000
Median Single Family Sale Price
$1,500,000
Median Townhouse Sale Price
$450,000
Median 2 Bedroom Sale Price
$110,000
Median Change From 1st List Price
5%
Last 12 months Home Sales
13
Median Home Sale Price YoY Change
274%
Average Price Per Sq Ft
$330

Neighborhood Facts

Number of Homes in Neighborhood
1,406
Number of Homes for Sale
3
Median Year Built
1947
Months of Supply
2.80
Average Single Family Home Size Sq Ft
1,107
Significantly below the national average
1,924
Median Lot Size Sq Ft
8,276

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Joe Reed, an experienced agent in this neighborhood.

Average Home Value





Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Owners

Demographics

Total Population
5,082
Median Age
31
Population under 18
29.9%
Above the national average
23.8%
Population over 65
12%
Below the national average
19.1%

Finances

Median Household Income
$51,989
Significantly below the national average
$71,702
Average Household Income
$55,026

Education and Workforce

High School Graduates
53%
Significantly below the national average
89.1%
College Graduates
5.4%
Significantly below the national average
34.1%
Advanced Degrees
1.4%
% Population in Labor Force
66%

Weather

Annual Precipitation
36''
Average Winter Low Temperature
36°F
Average Summer High Temperature
97°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®

37 / 100

Car-Dependent

Walk Score®

48 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
University