$181,770Average Value$157Average Price per Sq Ft21Homes 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.
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.
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.
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.
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.
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 ChurchAcross 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.
Sacred Heart Catholic Church in University offers daily confessions and weekly mass.
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
Are you familiar with the University neighborhood?
to let others know what life in this neighborhood is like.
Crime and Safety
1 - Low Crime, 10 - High Crime
University
US
Homicide
4
4
Sexual Assault
4
4
Assault with Weapon
5
4
Robbery
5
4
Burglary
5
4
Motor Vehicle Theft
5
4
Larceny
5
4
Crime Score
5
4
Source: WhatIsMyCrimeRisk.com
University Demographics and Home Trends
On average, homes in University, Waco sell after 89 days on the market compared to the national average of 58 days. The median sale price for homes in University, Waco over the last 12 months is $169,500, down 21% from the median home sale price over the previous 12 months.
Prime investment opportunity in the highly sought after Baylor area! These two combined lots offer and exceptional building site in a premier location directly across from Starbucks. Fairly level and ready for development, the property features a few mature trees that add charm and character while still allowing ample space to build. Excellent potential for residential, rental, or future
Opportunity is knocking! Investor special with major upside potential in Waco. This property offers a unique chance to complete a renovation that is already in progress. The front portion of the home features existing living space with updates started including flooring while the rear addition is currently in framing stage and ready to be finished out. Ideal for investors, flippers, or buyers
Investor opportunity, multigenerational living, or the perfect Baylor parent retreat, this unique and versatile property offers two established and popular short-term rentals under one roof! One side features a charming 2-bedroom, 1-bath layout complete with a full-service kitchen and in-home stackable washer & dryer, while the adjoining unit offers a cozy 1-bedroom, 1-bath retreat with a
Step into something special with this stunning new construction home designed for the way you live today. With 1,286 sq ft, 3 bedrooms, and 2 bathrooms, every inch of this home was built with comfort, style, and intention. From the moment you walk in, you’re welcomed by soaring vaulted ceilings and an open layout that feels bright, airy, and full of possibility. The heart of the home—the
This fully renovated home features 3 bedrooms and 3 full baths. It includes brand-new appliances and is conveniently located near Baylor University bubble, shops, and restaurants. Plus, it offers plenty of parking for your convenience
Discover the ideal investment opportunity or student living at 1724 S 18th in vibrant Waco, TX! This charming 3-bedroom, 2-bathroom home boasts an unbeatable location—just steps away from Starbucks, making your morning coffee run a breeze. The home is also is equipped with RV hookups in the back yard, perfect for extra space, rental income, or if you're just in town for the game and tailgating!
Discover the charm and character of this 3-bedroom, 2-bathroom home in Waco, TX. From the inviting curb appeal to the oversized covered carport, this home offers a comfortable layout with thoughtful details throughout. Here you’ll find vaulted ceilings, arched walkways, and a beautiful wood accent wall in the kitchen that gives the home a warm and welcoming feel. The open-concept kitchen and
Minutes from Baylor + Remodeled 4BR Home with 10-Ft Ceilings + Workshop Buyer incentive available through preferred lender for qualified buyers: receive 1% toward closing costs or a 1% rate buydown. Baylor parents, investors, and Waco home buyers, don’t miss this opportunity. Location, charm, and updates come together in this beautifully remodeled home just minutes from some of Waco’s most
Welcome to this updated 2-bedroom, 2.5-bath home offering 1,064 square feet of efficient, low-maintenance living. Recent improvements include new windows, updated flooring, walk-in tile showers, and stainless steel appliances. A new HVAC system adds year-round comfort and peace of mind.The functional floor plan provides a bright living area, a well-appointed kitchen, and two spacious
Exciting investment opportunity near Baylor! This upcoming two-story duplex will offer a total of 2,920 sq. ft. with 3 bedrooms and 3 bathrooms on each side, designed to meet the high demand for student housing. Once under contract, the current structure will be demolished and new construction will begin, with an estimated build time of 4–6 months. Each unit will include all appliances, a fully
Beautifully and fully renovated home featuring 3 large bedrooms, 3 full and 1 half baths and 2 living areas. This home also has 2 offices, perfect for students, or can just be used for extra space, or even 2 small bedrooms. Lovely kitchen boasting new stainless-steel appliances, including refrigerator, and granite countertops. All new windows with new blinds. 3 full and nicely appointed
Charming 2-bedroom, 1-bath home in Waco, TX, situated on a desirable corner lot. The kitchen includes a stove and dishwasher, and the property offers washer/dryer hookups for added convenience. Located close to Baylor University and I-35, this home provides easy access to campus and major travel routes.At C.I.F. Real Estate Services, we strive to provide an experience that is
Discover the perfect blend of comfort and convenience in this beautifully updated 2-bedroom, 1-bath home located in the heart of Waco, TX! Featuring an open floor plan with brand-new flooring, this home offers a bright and inviting living space perfect for relaxing or entertaining.Enjoy the privacy of a fully fenced yard, ideal for pets, gardening, or outdoor gatherings. Situated just
$5,550 per month
Brand NEW 6 Bedroom / 6.5 Bath just a few blocks from Baylor University Campus!
Be the first to live in this brand new 6 Bedroom / 6.5 Bath house at 17th and James, just a few blocks from Baylor University campus!Construction is underway by a local builder. Scheduled move-in date August 17, 2026!Call today for leasing information - Or email Rachel at
Discover this move-in ready 3-bedroom, 2-bath home in Waco, TX, conveniently located near Baylor University and Downtown Waco. The property features central heat and air for year-round comfort and a fenced-in backyard that offers private outdoor space. Within easy reach of nearby restaurants and city amenities, this well-maintained residence provides a practical location for those seeking
Located inside the Baylor bubble and convenient to all that Waco has to offer, this unit is the perfect place to call home!This property features 4 bedrooms each with their own full bathrooms! Ready to go with new paint, carpet, and vinyl plank floors! This duplex is a two unit each unit offering its own 4 bedrooms 4 Baths. The units come fully equipped with a refrigerator, washer, and dryer.
Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.
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