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

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  /7

  $48,000

  • Land
  • 22,694 Sq Ft
  • $92,131 per Acre

  1012 Cindy Cir, Waco, TX 76710

  Opportunity awaits on this approximately 0.52-acre residential lot in Waco! With over half an acre to work with, this property offers room to design and build a homesite tailored to your vision while remaining conveniently located near Waco's shopping, dining, schools, and everyday amenities. Looking for even more land? The seller is also offering 1006 Cindy Circle separately and is willing to

  Lina Lopez Keller Williams Realty, Waco

  1012 Cindy Cir, Waco, TX 76710
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  /2

  $49,000

  $1K PRICE DROP

  • Land
  • 7,013 Sq Ft
  • $304,348 per Acre

  522 Proctor Ave, Waco, TX 76708

  BUILDERS and DEVELOPERS - Bring your vision to this amazing vacant lot near Cameron Park and the 4th - 5th St corridor! A great location for your custom home or investment property. Right next door and across 5th St are brand new homes selling for over $500k.

  Harris Arnhart Perry Guest Company

  522 Proctor Ave, Waco, TX 76708
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  /8

  $140,000

  • 2 Beds
  • 1 Bath
  • 780 Sq Ft

  2012 Park Ave, Waco, TX 76706

  Whether you're looking for your forever home or you're a first-time home buyer, do not miss the opportunity to own this two-bedroom home that is located near Baylor University, I-35. and George's. This home has a huge backyard ideal for any celebration or gathering. Book a showing and come ready with ideas and potential in mind.

  Melody Cabrera RJ Williams & Company RE LLC

  2012 Park Ave, Waco, TX 76706
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  /37

  $189,000

  • 2 Beds
  • 1 Bath
  • 1,773 Sq Ft

  2700 Briarwood Ln, Waco, TX 76705

  Rare opportunity across from community-centered Brame Park with room to create a large custom family retreat. Existing unfinished addition offers the chance to add approximately 845 SF of future living space centered around a dramatic brick fireplace and oversized family room. Large metal workshop provides flexibility for hobbies, storage, small business use, or future creative space.Located

  Sandy Jordan Axio Real Estate LLC

  2700 Briarwood Ln, Waco, TX 76705
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  /19

  $60,000

  • Land
  • 14,849 Sq Ft
  • $176,005 per Acre

  000 Virginia Dr, Waco, TX 76705

  Build your dream home on this spacious 0.3409-acre residential lot located in the desirable Chalk Bluff Addition. This property offers ample space for a custom home, outdoor living, and more. Enjoy the flexibility of designing the home you’ve always wanted while still being close to local amenities, shopping, and dining. Utilities available including water, sewer, and electricity. No HOA

  Devin Lowery Texas Property Brokers, LLC

  000 Virginia Dr, Waco, TX 76705
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  /8

  $62,500

  • Land
  • 8,001 Sq Ft
  • $340,229 per Acre

  700 Spring St, Waco, TX 76704

  Come check out this corner vacant lot with many potential uses! With M-2 zoning, this property provides endless potential, whether you're looking to build new construction or pursue a wide range of commercial or industrial opportunities. Situated in a prime location near downtown Waco, McLane Stadium, multiple parks, and major roadways, this lot provides both convenience and visibility. Don’t

  Patricia Meadows Graceland Real Estate

  700 Spring St, Waco, TX 76704
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  /11

  $120,000

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,372 Sq Ft

  1613 Lexington St, Waco, TX 76711

  Investor Special – Prime Flip Opportunity in Waco! Calling all investors and visionaries! This 3-bedroom, 1-bath home is a great opportunity to renovate and add value in the Waco market. The property features additional bonus rooms, offering flexibility for a home office, extra bedroom, or expanded living space. A spacious lot with a large backyard provides plenty of room to enhance outdoor

  Yazmin Garcia Agents Of Texas, LLC

  1613 Lexington St, Waco, TX 76711
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  /22

  $185,000

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 996 Sq Ft

  2603 Trice Ave, Waco, TX 76707

  Welcome to 2603 Trice Avenue—where charm, character, and location all come together in the heart of Dean Highland! This remodeled 2-bedroom, 1-bath home is full of personality and perfectly placed just minutes from Cameron Park, the zoo, Magnolia, and your go-to spots like Target and HEB. From the moment you arrive, you’ll fall in love with the neighborhood vibes—think tree-lined, walkable

  Joanna Pace Magnolia Realty

  2603 Trice Ave, Waco, TX 76707
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  /9

  $60,000

  • Land
  • 7,013 Sq Ft
  • $372,671 per Acre

  808 E Clay St, Waco, TX 76704

  Excellent Investor Opportunity! Vacant lot located directly across from Baylor University and minutes from downtown Waco. Ideal location for student housing, rental development, or a custom build. Take advantage of the strong demand and growth surrounding Baylor and downtown Waco. Prime location with tremendous potential.

  Brittney Loth EG Realty

  808 E Clay St, Waco, TX 76704
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  /3

  $40,000

  • Land
  • 5,401 Sq Ft
  • $322,581 per Acre

  2014 Maple Ave, Waco, TX 76707

  Build your vision on this vacant lot at 2014 Maple Ave in Waco. Located just minutes from downtown, Baylor University, shopping, and dining, this property offers an excellent opportunity for new construction or investment—whether you’re a builder or an investor.

  Bobbie King RE/MAX Roya

  2014 Maple Ave, Waco, TX 76707
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  /35

  $139,900

  • 4 Beds
  • 2 Baths
  • 1,699 Sq Ft

  2601 Gorman Ave, Waco, TX 76707

  Great opportunity 2601 Gorman Ave! This 4-bedroom, 2-bath This home offers a functional layout with comfortable living spaces and plenty of potential for an owner-occupant or investor. Conveniently located with easy access to major roadways, shopping, dining, schools, and other local amenities.Whether you're looking for your next home or an investment opportunity, this property offers a great

  Mauro Gonzalez Largher Texas Realty One

  2601 Gorman Ave, Waco, TX 76707
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  /3

  $29,500

  $6K PRICE DROP

  • Land
  • 7,405 Sq Ft
  • $173,529 per Acre

  316 Fisseler St, Waco, TX 76704

  Build-Ready Lot Near Downtown Waco, Baylor & the Brazos River! Fantastic opportunity to own a ready-to-build interior lot just minutes from Downtown Waco, Baylor University, and the Brazos River. This property is zoned R-1B, offering the possibility for Short-Term Rentals (Type I & II)—a perfect setup for investors or homeowners looking to generate extra income. Enjoy the convenience of being

  Casey Turnmire Bentwood Realty

  316 Fisseler St, Waco, TX 76704
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  /3

  $28,000

  • Land
  • 28,618 Sq Ft
  • $42,618 per Acre

  TBD Hazelwood Dr, Waco, TX 76705

  Dream of the possibilities just outside Waco city limits! Even though you're outside city limits, you still have the luxury of being a 10-15 minute drive from Baylor, downtown Waco, Cameron Park, and more. It's the best of both worlds!Bring your vision to life with this over 0.5 acre lot near the end of a private cul-de-sac! Whether it’s a modular home, Airbnb, new construction, or even a

  Kayley George EG Realty

  TBD Hazelwood Dr, Waco, TX 76705
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  /22

  $135,000

  • Land
  • 8,276 Sq Ft
  • $710,526 per Acre

  TBD Saddle Creek, Waco, TX 76708

  Prime Commercial Opportunity in Rapidly Growing China Spring!Positioned in one of the most high-traffic and fast-developing areas of China Spring, this commercial lot offers exceptional visibility and accessibility—ideal for your next business venture. Located in an up-and-coming powerhouse corridor, this property is surrounded by thriving local businesses, residential growth, and steady

  Esmeralda Sawyer Texas Luxury and Land

  TBD Saddle Creek, Waco, TX 76708
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  /2

  $167,000

  • 2 Beds
  • 1 Bath
  • 1,338 Sq Ft

  523 N 31st St, Waco, TX 76707

  This 2/1 has great potential for maximizing rental income. Property is currently vacant and being marketed for lease at $995.00 per month. Lease details upon request. This property can be sold as a one-off or grouped with other properties as an investment package. For further details, please ask.

  Hunter Harrell Harrell Realty Company

  523 N 31st St, Waco, TX 76707
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  /16

  $160,000

  • 2 Beds
  • 2 Baths
  • 1,200 Sq Ft

  1818 Willis Ln, Waco, TX 76704

  OWNER FINANCING AVAILABLE! Are you looking for the perfect place to start your homeownership journey? This charming 2-bedroom, 2-bathroom home offers comfort, convenience, and plenty of potential. The home features a flex room that can easily used as a home office, guest room or even an additional bedroom to fit your needs. Fresh interior and exterior paint, new vinyl flooring throughout giving

  Juana Gallegos Texas Premier Realty

  1818 Willis Ln, Waco, TX 76704
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  /13

  $119,000

  $31K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 1,549 Sq Ft

  2210 Mckenzie Ave, Waco, TX 76708

  Investor special with major updates already underway! This unfinished home offers an excellent opportunity to complete a renovation and add your own vision. Recent improvements include a new roof (2026), new exterior paint, new windows installed approximately one year ago, and new plumbing installed to accommodate two full bathrooms. Interior framing has been added to allow for a 3-bedroom layout

  Trevor Caswell Keller Williams Realty, Waco

  2210 Mckenzie Ave, Waco, TX 76708
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  /18

  $102,000

  $23K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 774 Sq Ft

  516 Harlem Ave, Waco, TX 76704

  Refreshed Waco bungalow • Fully fenced yard • Front porch with privacy screen • Floor plan and virtual tourSingle story 2 bed, 1 bath home with 774 sq ft on a 7,405 sq ft lot in the Carver Park 2 area of Waco. Built in 1951, this bungalow includes fresh interior paint, updated vinyl plank flooring, central heat and air, and a practical layout with living area, den, eat in kitchen, and

  Cristi McGowan NextHome Our Town

  516 Harlem Ave, Waco, TX 76704
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  /14

  $59,999

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,332 Sq Ft

  915 Turner St, Waco, TX 76704

  ***Seen Better Days Special*** Prime investment opportunity! This property offers exceptional upside for fix-and-flip, BRRRR, or long-term buy-and-hold investors looking to tap into Waco’s thriving student rental market.Located near campus, this home sits in a high-demand area where rental need stays consistently strong due to proximity to McLane Stadium, academic buildings, athletic

  Salvador Caballero ListWithFreedom.com

  915 Turner St, Waco, TX 76704
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  /2

  $190,000

  • 3 Beds
  • 2 Baths
  • 1,232 Sq Ft

  908 Wilbanks Dr, Waco, TX 76705

  Gorgeous Hallsburg country views 360!!! Hallsburg school district. Septic well maintained. Workshop on property as well. Great slice of Hallsburg with a budget friendly price. I sold this property to the sellers so I can confirm it will go FHA or VA financing.

  Tina Wilson Texas Premier Realty

  908 Wilbanks Dr, Waco, TX 76705
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  /32

  $192,900

  $3K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 980 Sq Ft

  916 N 31st St, Waco, TX 76707

  Welcome to 916 N 31st Street, where classic charm meets fresh, modern updates. This recently renovated 2-bedroom, 1-bath home offers approximately 980 square feet of thoughtfully updated living space with a separate dining area and attached one-car garage.Inside, warm wood-plank ceilings and exposed beams create a striking contrast against crisp white shiplap walls and updated flooring.

  Ginnie Harwood Graceland Real Estate

  916 N 31st St, Waco, TX 76707
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  /29

  $140,000

  $10K PRICE DROP

  • 2 Beds
  • 2 Baths
  • 832 Sq Ft

  1214 Baylor Ave Unit 111, Waco, TX 76706

  Nestled in a gated community just minutes from Baylor University, this beautiful 2-bedroom, 2-bath condo offers charm, and character throughout. Whether you’re a student, parent, investor, or anyone seeking low-maintenance living near campus, this home is an excellent opportunity. Enjoy access to the community pool, convenient parking, and a prime location close to downtown Waco, Baylor campus,

  Shari Quan-Rios Anchor Realty

  1214 Baylor Ave Unit 111, Waco, TX 76706
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  /7

  $85,000

  $8K PRICE DROP

  • Land
  • 8,232 Sq Ft
  • $449,735 per Acre

  2000 Bagby Ave Unit 2, Waco, TX 76706

  Terra Brock Turner Brothers Real Estate, LLC

  2000 Bagby Ave Unit 2, Waco, TX 76706
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  /15

  $132,900

  $12K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 998 Sq Ft

  2402 Summer Ave, Waco, TX 76708

  This move-in-ready home offers a fresh, modern feel with durable luxury vinyl plank flooring throughout, neutral colors, and an open layout that makes the space feel bright and inviting. The spacious living area flows into the kitchen, creating a comfortable setup for everyday living and entertaining.The kitchen features ample cabinet and countertop space, making meal prep and storage simple.

  Xavier Arroyo-Soto NextHome Our Town

  2402 Summer Ave, Waco, TX 76708
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  /14

  $195,000

  $20K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,092 Sq Ft

  2301 Herring Ave, Waco, TX 76708

  Charming 2-bedroom, 1-bath home offering 1,092 sqft of comfortable living space in an established Waco neighborhood. This property features a covered carport, functional layout, and convenient access to shopping, dining, parks, and schools. Nearby amenities include Cameron Park, one of Waco’s most recognized parks with trails and outdoor recreation, as well as North Waco Park for additional

  Misael Castillo Coldwell Banker Apex, REALTORS

  2301 Herring Ave, Waco, TX 76708
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  /3

  $142,500

  $23K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,661 Sq Ft

  3532 Colcord Ave, Waco, TX 76707

  Discover the potential in this charming 3-bedroom, 1-bath home situated on a spacious corner lot in a peaceful Waco neighborhood. Inside, you’ll find original hardwood floors, generously sized bedrooms, and distinctive fencing that adds character and curb appeal. Mature shade trees create a welcoming outdoor setting, while offering the perfect opportunity to update and personalize it to your

  Jamie Steele Coldwell Banker Apex, REALTORS

  3532 Colcord Ave, Waco, TX 76707
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  /2

  $125,000

  • Land
  • 14,461 Sq Ft
  • $376,506 per Acre

  13077 Rainier Dr, Woodway, TX 76712

  Build your home in Tanglewood Estates with McLean & Sons Construction. McLean & Sons take a hands-on approach to building, working closely with our homeowners to create something that feels personal from the very beginning. Whether you’re starting with a floor plan you love or an idea you’ve had for years, we’ll help bring the pieces together from the layout and exterior to the finishes that make

  Lindsey McLean EG Realty

  13077 Rainier Dr, Woodway, TX 76712
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  /7

  $47,700

  • 1 Bed
  • 1 Bath
  • 150 Sq Ft

  TBD E Tbd, Gholson, TX 76705

  Discover the perfect blend of functionality, flexibility, and modern living with this fully renovated 20-foot shipping container. Thoughtfully designed and completely turnkey, this unique space comes fully furnished and ready for immediate use. Whether you’re looking for a profitable Airbnb rental, a hunting retreat, guest quarters, home office, weekend getaway, or a compact primary residence,

  Antoinette Ratliff Texas Premier Realty

  TBD E Tbd, Gholson, TX 76705
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  /13

  $45,000

  • Land
  • 6,098 Sq Ft
  • $321,429 per Acre

  TBD 12 Th St, Waco, TX 76707

  (Lot 11) this Residential lot is now for sale and ready for you to build your dream home or dream investment! This property is zoned R-2 which gives you more option to choose what to build!

  Mariano Medina EG Realty

  TBD 12 Th St, Waco, TX 76707
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  /11

  $195,000

  • Land
  • 7.81 Acres
  • $24,974 per Acre

  TBD Tokio Rd, Waco, TX 76705

  7.81 Acres of unimproved land, ready for a homestead or agricultural use. Property is included with an individual water meter

  Jonathan Grant Camille Johnson

  TBD Tokio Rd, Waco, TX 76705
• 

  

  /13

  $179,900

  $30K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,109 Sq Ft

  544 Lenox St, Waco, TX 76704

  Cozy and affordable like-new 3 bedroom, 2 bath home with modern features! Hard surface vinyl plank flooring, modern finishes, and newer appliances make this home move-in ready! Large living room open to the kitchen with stainless steel appliances and granite countertops. Primary suite with modern, ensuite bath and 2 additional bedrooms and a bath for guests. Entertain guests in the open floorplan

  Eric Zadnik Premier, REALTORS

  544 Lenox St, Waco, TX 76704
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  /18

  $119,900

  $10K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 882 Sq Ft

  3712 Leland Ave, Waco, TX 76708

  Recently remodeled, new vinyl, new roof, fresh interior and exterior paint, new windows, new electrical service. Shaded back yard. Detached garage.

  Michael Schumaker Kelly, Realtors

  3712 Leland Ave, Waco, TX 76708
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  /18

  $125,000

  $25K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,472 Sq Ft

  3815 Beverly Dr, Waco, TX 76711

  Bring your ideas, your contractor, and your imagination—because this home isn’t pretending to be something it’s not.If you’re looking for brand-new finishes and someone else’s version of updated, this may not be the one. But if you’re looking for an established home with character, space, a large yard, and the opportunity to make it your own, take a closer look.This home is being

  Alan Cooper Duck Brothers Real Estate

  3815 Beverly Dr, Waco, TX 76711
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  /2

  $164,900

  $10K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,384 Sq Ft

  3825 Elliott Dr, Waco, TX 76711

  Spacious Cornerstone of Opportunity in a Growing Waco Neighborhood! This charming 3-bedroom, 1-bath home sits on an expansive approximately 0.39-acre lot, offering endless possibilities for homeowners, investors, or those looking for room to expand. Conveniently located just minutes from I-35, Baylor University, downtown Waco, shopping, dining, and major employers, you'll enjoy both accessibility

  Lindsey Gossett Versatile Real Estate Co.

  3825 Elliott Dr, Waco, TX 76711
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  /14

  $205,000

  $4K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 1,606 Sq Ft

  2722 Gorman Ave, Waco, TX 76707

  1920's charmer features a welcoming front porch, two bedrooms, and a sunroom to enjoy! Family room with nice natural light and fireplace that leads to a large formal dining space. Quaint details include roman shades, crown molding, and wood floors. Fenced, oversized backyard with deck area!

  Halston Reyna Camille Johnson

  2722 Gorman Ave, Waco, TX 76707
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  /21

  $192,000

  • 4 Beds
  • 2 Baths
  • 1,736 Sq Ft

  2707 Trice Ave, Waco, TX 76707

  Located in the Sanger Heights neighborhood, this 4-bedroom, 2-bath home is a great opportunity for investors. Currently tenant-occupied with a lease in place at $1,625 per month, this property offers immediate rental income. The home features an updated kitchen and original wood floors that add character and charm. A solid addition to any investment portfolio.

  Leslie Edwards Better Homes and Gardens

  2707 Trice Ave, Waco, TX 76707
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  /7

  $134,900

  $10K PRICE DROP

  • Land
  • 2.67 Acres
  • $50,619 per Acre

  3817 Katy Ln, Waco, TX 76705

  Whether you're dreaming of building the homestead life tucked beneath mature shade trees or exploring the investment potential of R2 zoning, this property is ready for its next chapter. Offered at land value, the existing structure is being sold as-is with no contributory value. The partially cleared front portion of the property features a gravel drive, a newly installed water meter, mature

  Blair Carsey Orchard Brokerage

  3817 Katy Ln, Waco, TX 76705
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  /10

  $139,000

  • 3 Beds
  • 2 Baths
  • 1,392 Sq Ft

  1725 N 23rd St, Waco, TX 76707

  Built in 1938, this charming 3-bedroom, 2-bathroom home spanning 1,392 sq. ft. offers all the potential imaginable! Whether you are looking for your next hands-on fixer-upper, or an addition to your rental portfolio, this property delivers. Best of all? This home is currently occupied by wonderful tenants generating $1,200 a month in rent, and they are very eager to stay! Major peace of mind is

  Hanna Metcalf EG Realty

  1725 N 23rd St, Waco, TX 76707
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  /14

  $55,000

  • Land
  • 11,630 Sq Ft
  • $205,993 per Acre

  1801 N 7th St, Waco, TX 76707

  Don’t miss this prime, ready-to-build lot in the heart of Waco! Offering both flexibility and convenience, this property is a great opportunity for homeowners, investors, or developers looking for their next project. Zoned R-2, this lot opens the door to multiple possibilities—whether you’re envisioning a single-family home or a duplex, you have options to make it your own. Sitting on

  Natalie Mata Bramlett Partners

  1801 N 7th St, Waco, TX 76707
• 

  

  /15

  $199,000

  $1K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,100 Sq Ft

  600 Calumet St, Waco, TX 76704

  If you have been searching for a place that feels like home, 600 Calumet is it. This home offers the charm, comfort and everyday convenience that makes life easier and more enjoyable. From inviting living space, to the peaceful backyard, this home is designed for real life. Imagine morning coffee on the porch, weekend barbeques and evenings spent unwinding in your own private space, this home is

  Don Garrett Franklin Real Estate Brokerage

  600 Calumet St, Waco, TX 76704

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