Affordable Homes for Sale in Waco, TX under $206,000

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  /40

  $164,500

  • 3 Beds
  • 2 Baths
  • 1,340 Sq Ft

  313 Dearborn St, Waco, TX 76704

  Great opportunity in the heart of Waco! This property offers a functional layout with spacious living areas and plenty of potential to make it your own. Whether you're looking for your next home or an investment opportunity, this one checks the boxes. The home includes a refrigerator, washer, dryer, and cooktop stove—all conveying with the sale, adding immediate value and convenience. With a

  

  Camille Cannon

  Coldwell Banker Realty

  (254) 268-5954

  313 Dearborn St, Waco, TX 76704
• Explore Waco

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  /22

  $199,000

  $26K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,180 Sq Ft

  307 N 41st St, Waco, TX 76710

  Prime Location! Discover this cute 2-bedroom, 1-bath home nestled on a huge, beautifully treed lot, just one street away from Austin Avenue and Valley Mills Drive. The interior boasts a fresh coat of new paint and polished wooden floors, offering a bright and inviting atmosphere. The heart of the home is a large living room featuring a warm fireplace. Nice Galley kitchen with large dining room

  

  Donnetta Haigood

  Axio Real Estate LLC

  (254) 765-8278

  307 N 41st St, Waco, TX 76710
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  /19

  $117,000

  • 2 Beds
  • 2 Baths
  • 832 Sq Ft

  1214 Baylor Ave Unit 205, Waco, TX 76706

  Located near Baylor University and central Waco amenities, 1214 Baylor Ave. #205 combines modern updates with low-maintenance condo living. This updated 2-bedroom, 2-bath home features luxury vinyl plank flooring throughout, fresh interior paint, and a thoughtfully refreshed interior designed for comfort and convenience. The kitchen has been completely updated with new cabinetry, quartz

  

  Justin Hartzog

  CENTURY 21 Judge Fite Company

  (254) 382-3838

  1214 Baylor Ave Unit 205, Waco, TX 76706
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  /17

  $164,900

  $10K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,487 Sq Ft

  3136 Mckenzie Ave, Waco, TX 76708

  Spacious home with room to roam. Needs a little TLC. This 3 bedroom with 2 full bathrooms home has great potential. Two living areas, laundry room, large open kitchen, covered parking, single car garage, fenced yard and vinyl siding. Come see me soon!

  

  Jennifer Dolezel

  EG Realty

  (254) 323-5410

  3136 Mckenzie Ave, Waco, TX 76708
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  /23

  $195,000

  $10K PRICE DROP

  • 3 Beds
  • 1.5 Baths
  • 1,442 Sq Ft

  2424 S 26th St, Waco, TX 76706

  Welcome to 2424 S. 26th St., Waco, TX 76706, a well-located 3-bedroom, 1.5-bath home offering comfort, convenience, and strong investment potential. Situated in South Waco just minutes from Baylor University and the vibrant Downtown Waco, this property is ideal for first-time buyers, Baylor-area housing, or investors seeking rental opportunities. Recent updates completed in September 2025 include

  

  Sarah Martin

  Kelly, Realtors

  (254) 276-3591

  2424 S 26th St, Waco, TX 76706
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  /26

  $165,000

  • 2 Beds
  • 1 Bath
  • 1,024 Sq Ft

  2314 Melissa Dr, Waco, TX 76708

  

  Kirk Regian

  EG Realty

  (254) 355-5698

  2314 Melissa Dr, Waco, TX 76708
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  /13

  $45,000

  • Land
  • 4,530 Sq Ft
  • $432,692 per Acre

  1608 Tranquility Trail, Waco, TX 76712

  Seize the opportunity to build your dream home in one of the most valued and rapidly growing areas within the highly sought-after Midway ISD. This cleared, ready-to-build lot is perfectly positioned in an established neighborhood, offering both charm and convenience. Enjoy the added benefit of being within walking distance to Chapel Park Elementary and Chapel Park—an inviting community space

  

  Katie Snapp

  Camille Johnson

  (254) 693-4682

  1608 Tranquility Trail, Waco, TX 76712
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  /2

  $62,000

  $3K PRICE DROP

  • Land
  • 7,840 Sq Ft
  • $344,444 per Acre

  9920 Ridings Dr, Waco, TX 76708

  

  Maritza Perez

  Kelly, Realtors

  (254) 330-8510

  9920 Ridings Dr, Waco, TX 76708
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  /2

  $78,000

  • Land
  • 11,761 Sq Ft
  • $288,889 per Acre

  10200 Calaveras Dr, Waco, TX 76708

  

  Kam Parker

  Properties Plus

  (254) 944-3514

  10200 Calaveras Dr, Waco, TX 76708
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  /17

  $129,900

  • 3 Beds
  • 2 Baths
  • 2,068 Sq Ft

  1915 Windsor Ave, Waco, TX 76708

  Looking for a property with potential? This unique opportunity features a total of 4 bedrooms and 2 bathrooms, along with a separate 1 bedroom, 1 bathroom guest house that could serve as a rental property, mother-in-law suite, guest quarters, or home office. Situated on a spacious property, both homes are ready for someone with vision and creativity to bring them back to life. While substantial

  

  Darla McMullen

  Hygge Homes and Land

  (254) 354-2686

  1915 Windsor Ave, Waco, TX 76708
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  /3

  $57,000

  • Land
  • 7,840 Sq Ft
  • $316,667 per Acre

  9924 Ridings Dr, Waco, TX 76708

  Located in the sought-after Saddle Creek Phase II development, this spacious city lot offers a prime opportunity to build your ideal home in a thriving community. This flat, tree-cleared lot is ready for construction and comes with utilities already in place, including electricity, water, sewer, and garbage pickup. Enjoy the convenience of being just minutes away from the shopping and dining

  

  Jeff Bird

  Keller Williams Realty, Waco

  (254) 566-5237

  9924 Ridings Dr, Waco, TX 76708
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  /22

  $179,900

  • 3 Beds
  • 2 Baths
  • 1,226 Sq Ft

  2616 Fort Ave, Waco, TX 76707

  From the moment you arrive, this adorable home with a front porch perfect for rocking chairs will capture your heart! Built in the early 1900's and updated throughout, this 3 bedroom, 2 bath charmer offers the warmth and character of an older home with the comfort and style buyers want today. Inside, the layout feels inviting and functional, with thoughtful updates that make everyday living easy.

  

  Kristi Baker

  Bentwood Realty

  (254) 414-0992

  2616 Fort Ave, Waco, TX 76707
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  /6

  $59,900

  $10K PRICE DROP

  • Land
  • 1 Acres
  • $59,661 per Acre

  349 S Possum Creek Rd, Waco, TX 76708

  This secluded lot in China Spring ISD offers the kind of quiet and privacy that is getting harder to find! Mature trees surround the lot, creating a peaceful, wooded setting to escape to. Whether you envision building a home, a weekend retreat, or simply investing in land, this property gives you the space and setting to make it your own.

  

  Kristi Baker

  Bentwood Realty

  (254) 274-2982

  349 S Possum Creek Rd, Waco, TX 76708
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  /3

  $57,000

  • Land
  • 7,840 Sq Ft
  • $316,667 per Acre

  9928 Ridings Dr, Waco, TX 76708

  Located in the sought-after Saddle Creek Phase II development, this spacious city lot offers a prime opportunity to build your ideal home in a thriving community. This flat, tree-cleared lot is ready for construction and comes with utilities already in place, including electricity, water, sewer, and garbage pickup. Enjoy the convenience of being just minutes away from the shopping and dining

  

  Jeff Bird

  Keller Williams Realty, Waco

  (254) 587-4336

  9928 Ridings Dr, Waco, TX 76708
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  /9

  $185,000

  • 2 Beds
  • 1 Bath
  • 1,120 Sq Ft

  1627 N 9th St, Waco, TX 76707

  1627 N 9th Street, Waco, Texas, is a single-family residence that provides a comfortable and handicap accessible living space. This home features two bedrooms and one bathroom, making it an ideal choice for a small family or individuals seeking a space to call their own. This home is a great rental to add to your rental portfolio.

  

  Kirk Regian

  EG Realty

  (254) 277-2789

  1627 N 9th St, Waco, TX 76707
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  /25

  $129,900

  • 3 Beds
  • 1.5 Baths
  • 1,792 Sq Ft

  3625 Gorman Ave, Waco, TX 76710

  CASH or OWNER FINANCE - DUEÑO A DUEÑO$40,000 Down Payment - 10% Interest RateInvestor special with great bones and tons of potential in an established Waco neighborhood. Bring your vision and make it your own. Conveniently located near shopping, restaurants, schools, and everything central Waco has to offer.Sold as-is.

  

  Adam Moore

  OnwardTX Real Estate Advisors

  (254) 275-5895

  3625 Gorman Ave, Waco, TX 76710
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  /2

  $62,000

  $3K PRICE DROP

  • Land
  • 10,018 Sq Ft
  • $269,565 per Acre

  10304 Saddle Creek Rd, Waco, TX 76708

  

  Maritza Perez

  Kelly, Realtors

  (254) 587-4180

  10304 Saddle Creek Rd, Waco, TX 76708
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  /6

  $199,900

  • 4 Beds
  • 2 Baths
  • 1,831 Sq Ft

  3130 Lasker Ave, Waco, TX 76707

  Welcome to this centrally located two-story home in the heart of Waco, Texas—offering both convenience and comfort for everyday living! This spacious 4-bedroom, 2-bath residence features a functional layout designed to accommodate a variety of lifestyles. The main level provides a welcoming living area with ample natural light, seamlessly flowing into the dining space and kitchen—perfect for

  

  Amy Jo Garbett

  CENTURY 21 Judge Fite Company

  (254) 602-4449

  3130 Lasker Ave, Waco, TX 76707
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  /2

  $49,900

  • Land
  • 1 Acre
  • $49,900 per Acre

  TBD Lot 5 Mary Ware Dr, Waco, TX 76705

  Looking to build? Water meter is available for purchase. 1 Acre lot close to Brazos River. No restrictions.

  

  Amanda Cunningham

  (254) 354-3119

  TBD Lot 5 Mary Ware Dr, Waco, TX 76705
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  /2

  $62,000

  $3K PRICE DROP

  • Land
  • 9,583 Sq Ft
  • $281,818 per Acre

  10308 Saddle Creek Rd, Waco, TX 76708

  

  Maritza Perez

  Kelly, Realtors

  (254) 822-3887

  10308 Saddle Creek Rd, Waco, TX 76708
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  /11

  $99,900

  • Land
  • 43,124 Sq Ft
  • $100,909 per Acre

  TBD Sylvia St, China Spring, TX 76633

  Corner Acre Near China Spring with Room to Build ::Set at the corner of Sylvia Avenue and Yankie Rd, this 0.99-acre tract offers the kind of space and flexibility that is getting harder to find in the China Spring area. With a mostly open layout and a natural border of mature trees along the roads, the property feels both usable and tucked away.The land is level and ready for your vision,

  

  Jeff Bird

  Keller Williams Realty, Waco

  (254) 269-5492

  TBD Sylvia St, China Spring, TX 76633
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  /6

  $100,000

  • 3 Beds
  • 1 Bath
  • 1,507 Sq Ft

  925 N 16th St, Waco, TX 76707

  Investor Special!!Located in a rapidly revitalizing pocket of Waco, 925 N 16th St is a true diamond in the rough surrounded by ongoing redevelopment and rising property values. This is the kind of property investors look back on and say, “should’ve grabbed that one.”This home offers a solid foundation with value-add potential written all over it. The unfinished attic space presents a prime

  

  Wanell Eshun

  Exp Realty Llc

  (254) 269-4738

  925 N 16th St, Waco, TX 76707
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  /2

  $62,000

  $3K PRICE DROP

  • Land
  • 7,840 Sq Ft
  • $344,444 per Acre

  9908 Ridings Dr, Waco, TX 76708

  

  Maritza Perez

  Kelly, Realtors

  (254) 382-3367

  9908 Ridings Dr, Waco, TX 76708
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  /16

  $137,000

  $8K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,212 Sq Ft

  713 Dunbar Ave, Waco, TX 76704

  Located just minutes from downtown Waco and Cameron Park, 713 Dunbar Ave offers recent updates, functional living space, and value in an established neighborhood. This 3-bedroom, 1-bath home features 1,212 square feet with updated vinyl plank flooring throughout and a comfortable single-story layout. Major improvements include a roof replacement in June 2023 and water heater replacement in

  

  Justin Hartzog

  CENTURY 21 Judge Fite Company

  (254) 274-3951

  713 Dunbar Ave, Waco, TX 76704
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  /2

  $78,000

  • Land
  • 12,196 Sq Ft
  • $278,571 per Acre

  10112 T Bury Ln, Waco, TX 76708

  

  Kam Parker

  Properties Plus

  (254) 284-6280

  10112 T Bury Ln, Waco, TX 76708
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  /12

  $34,900

  • Land
  • 8,250 Sq Ft
  • $184,266 per Acre

  1726 N 6th St, Waco, TX 76707

  Great opportunity in an established Waco neighborhood. This property is conveniently located near downtown Waco, Baylor University, Cameron Park, and major thoroughfares, offering easy access to shopping, dining, and local amenities. Situated on a residential lot with surrounding homes, the location provides strong potential for a primary residence or investment opportunity. No HOA. Buyer to

  

  Emily Flores

  Compass RE Texas, LLC.

  (254) 457-3639

  1726 N 6th St, Waco, TX 76707
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  /4

  $200,000

  • Land
  • 1.5 Acres
  • $133,333 per Acre

  4111 S 3rd St, Waco, TX 76706

  

  Maritza Perez

  Kelly, Realtors

  (254) 212-7371

  4111 S 3rd St, Waco, TX 76706
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  /6

  $74,999

  • Land
  • 10,193 Sq Ft
  • $320,509 per Acre

  1813 S 24th St, Waco, TX 76706

  .234 Acre Lot, Zoned for Residential. Would make a nice location for a small multi-family unit, or have it rezoned for other uses.

  

  Robert Martinez

  MHOMENT Realty LLC

  (254) 944-3700

  1813 S 24th St, Waco, TX 76706
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  /12

  $159,000

  $6K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 810 Sq Ft

  124 Cedar St, Waco, TX 76705

  Welcome to this beautifully updated two-bedroom, one-bath home—an ideal opportunity for first-time buyers, downsizers, or investors. Thoughtfully refreshed, this home offers a comfortable and functional layout with modern updates that enhance everyday living. Situated on a large lot, the property provides ample outdoor space for entertaining, gardening, pets, or future expansion. Its convenient

  

  Amy Jo Garbett

  CENTURY 21 Judge Fite Company

  (254) 330-3625

  124 Cedar St, Waco, TX 76705
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  /8

  $115,000

  $5K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 896 Sq Ft

  2724 Flint Ave, Waco, TX 76711

  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

  

  Monica Solis

  EG Realty

  (254) 527-5522

  2724 Flint Ave, Waco, TX 76711
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  /14

  $65,000

  • Land
  • 8,250 Sq Ft
  • $343,189 per Acre

  805 Benton Dr, Waco, TX 76706

  Prime Lot Near Baylor University & Downtown Waco – Ready to Build! Don't miss this rare opportunity to own a .1984 acre lot just minutes from Baylor University and downtown Waco. Whether you're looking to build your dream home or develop an income-producing property, this blank slate provides incredible potential in a rapidly growing area. With close proximity to restaurants, shops, parks, and

  

  Kirk Regian

  EG Realty

  (254) 277-1452

  805 Benton Dr, Waco, TX 76706
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  /6

  $45,000

  $4K PRICE DROP

  • Land
  • 8,498 Sq Ft
  • $230,651 per Acre

  2504 Mckenzie Ave, Waco, TX 76708

  Spacious lot on the corner of 25th St and McFerrin Avenue in Waco. Beautiful trees on the property! Build your home here.

  

  Maritza Perez

  Kelly, Realtors

  (254) 282-4506

  2504 Mckenzie Ave, Waco, TX 76708
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  /2

  $62,000

  $3K PRICE DROP

  • Land
  • 7,840 Sq Ft
  • $344,444 per Acre

  9912 Ridings Dr, Waco, TX 76708

  

  Maritza Perez

  Kelly, Realtors

  (254) 269-4674

  9912 Ridings Dr, Waco, TX 76708
• 

  /2

  $78,000

  • Land
  • 11,761 Sq Ft
  • $288,889 per Acre

  10112 Calaveras Dr, Waco, TX 76708

  

  Kam Parker

  Properties Plus

  (254) 348-3992

  10112 Calaveras Dr, Waco, TX 76708
• 

  /2

  $62,000

  $3K PRICE DROP

  • Land
  • 7,840 Sq Ft
  • $344,444 per Acre

  9916 Ridings Dr, Waco, TX 76708

  

  Maritza Perez

  Kelly, Realtors

  (254) 822-3858

  9916 Ridings Dr, Waco, TX 76708
• 

  /2

  $49,900

  • Land
  • 1 Acre
  • $49,900 per Acre

  TBD Lot 3 Mary Ware Dr, Waco, TX 76705

  Looking to build? Water meter is available for purchase. 1 Acre lot close to Brazos River. No restrictions.

  

  Amanda Cunningham

  (254) 321-2217

  TBD Lot 3 Mary Ware Dr, Waco, TX 76705
• 

  /2

  $49,900

  • Land
  • 1 Acre
  • $49,900 per Acre

  TBD Lot 4 Mary Ware Dr, Waco, TX 76705

  Looking to build? Water meter is available for purchase. 1 Acre lot close to Brazos River. No restrictions.

  

  Amanda Cunningham

  (254) 875-5242

  TBD Lot 4 Mary Ware Dr, Waco, TX 76705
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  /2

  $78,000

  • Land
  • 12,196 Sq Ft
  • $278,571 per Acre

  10108 T Bury Ln, Waco, TX 76708

  

  Kam Parker

  Properties Plus

  (254) 282-4849

  10108 T Bury Ln, Waco, TX 76708
• 

  

  /20

  $198,000

  • 3 Beds
  • 2 Baths
  • 1,041 Sq Ft

  1209 Southey St, Waco, TX 76704

  Priced for Quick Sale, 1209 Southey Street in Waco, TX 76704—a charming home conveniently located just minutes from downtown Waco, Baylor University, Magnolia Market, shopping, dining, and major roadways. This property presents a great opportunity for homeowners or investors looking for a central location with strong rental or resale potential. Inside, you’ll find a functional layout with

  

  Glenda Hall

  UCRE Heart of Texas Land & Hom

  (254) 589-4535

  1209 Southey St, Waco, TX 76704
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  /2

  $76,000

  • Land
  • 13,939 Sq Ft
  • $237,500 per Acre

  10201 T Bury Ln, Waco, TX 76708

  

  Kam Parker

  Properties Plus

  (254) 269-6085

  10201 T Bury Ln, Waco, TX 76708

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