1114 Clay Ave Waco, TX 76706
Downtown Waco NeighborhoodEstimated payment $3,461/month
Highlights
- Outdoor Pool
- Oversized Parking
- Walk-In Closet
- Open Floorplan
- Eat-In Kitchen
- Kitchen Island
About This Home
Active Short Term Rental within walking distance to Magnolia Market at the Silos, this exceptional property offers rare O-2 zoning on a hard to come by oversized 0.3 acre lot in the silo district with no restrictions on short-term rental use, making it a premier investment opportunity. This home is an active, top-performing STR with a proven income history, renovated from top to bottom just four blocks from the Silos and the heart of downtown Waco. Location truly sets this property apart- minutes from Magnolia Market, Baylor University, downtown Waco, and Cameron Park. Inside, the home features an open-concept living and kitchen area, two spacious guest bedrooms, and a private primary suite complete with dual walk-in closets and a beautifully updated bathroom with a tiled shower. The expansive backyard is designed with guests in mind, offering a cowboy pool, hot tub, new wood privacy fencing, and an entertainment deck ideal for hosting. With nearly 2 million visitors to Waco annually, this is a rare opportunity to own a turnkey STR near the city’s most iconic attractions. Ranked among the top 10 short-term rentals of similar bed and bath count on AirDNA. Schedule your private tour today. All furnishings + toiletries and stock convey with house.
Listing Agent
Keller Williams Realty Allen Brokerage Phone: 254-716-7228 License #0784204 Listed on: 02/09/2026
Home Details
Home Type
- Single Family
Year Built
- Built in 1920
Interior Spaces
- 1,356 Sq Ft Home
- 1-Story Property
- Open Floorplan
- Free Standing Fireplace
Kitchen
- Eat-In Kitchen
- Electric Oven
- Built-In Gas Range
- Microwave
- Dishwasher
- Kitchen Island
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Parking
- Oversized Parking
- Driveway
- Additional Parking
Schools
- West Avenue Elementary School
- Cesar Chavez Middle School
- Waco High School
Additional Features
- Outdoor Pool
- 0.3 Acre Lot
- High Speed Internet
Community Details
- Ross Subdivision
Listing and Financial Details
- Assessor Parcel Number 188543
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,697 | $253,490 | $47,700 | $205,790 |
| 2024 | $5,698 | $252,580 | $47,700 | $204,880 |
| 2023 | $4,528 | $201,970 | $47,700 | $154,270 |
| 2022 | $2,333 | $92,670 | $28,490 | $64,180 |
| 2021 | $1,264 | $47,560 | $6,530 | $41,030 |
| 2020 | $1,258 | $46,380 | $6,130 | $40,250 |
| 2019 | $1,231 | $43,760 | $5,870 | $37,890 |
| 2018 | $1,133 | $39,880 | $5,610 | $34,270 |
| 2017 | $1,141 | $40,040 | $5,350 | $34,690 |
| 2016 | $1,172 | $41,120 | $5,220 | $35,900 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/09/2026 02/09/26 | For Sale | $575,000 | -- | $424 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Lawyers Title | |
| Vendors Lien | -- | None Available |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $324,000 | New Conventional | |
| Previous Owner | $85,000 | Future Advance Clause Open End Mortgage |
Source: North Texas Real Estate Information Systems (NTREIS)
MLS Number: 21173412
APN: 48-036000-000900-8
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