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

• 

  

  

  /5

  $35,000

  • Land
  • 3,354 Sq Ft
  • $454,545 per Acre

  1608 Flint Ave, Waco, TX 76706

  Rare vacant corner lot opportunity just one mile from Baylor University and minutes from Magnolia Market and the revitalized Downtown Waco. This residential lot at the corner of Flint Ave and S 16th Street offers an exceptional opportunity for new construction, residential development, or a long term investment hold in one of Wacos most active growth corridors.With strong demand for housing

  Jeremy Shelby eXp Realty, LLC Waco

  1608 Flint Ave, Waco, TX 76706
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  /21

  $125,000

  • 3 Beds
  • 3 Baths
  • 1,834 Sq Ft

  4706 Iowa St, Waco, TX 76705

  Attention investors! This corner-lot property at 4706 Iowa Street in Waco is a diamond in the rough. It offers ample space and huge potential for a savvy buyer who’s ready to roll up their sleeves. Needs work, but the opportunity is there.

  JR Marquez Casita Lindo Realty

  4706 Iowa St, Waco, TX 76705
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  /25

  $175,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,535 Sq Ft

  1115 Fisher St, Waco, TX 76705

  Welcome to this inviting 3-bedroom, 1-bath home located in the desirable La Vega ISD. Featuring a beautiful Austin Stone exterior, this property offers classic curb appeal.Step inside to a comfortable and functional layout designed for everyday living. The spacious living area provides a welcoming place to relax or gather with family and friends. The bedrooms are well-sized with ample natural

  Mindy Lawson Real Broker, LLC

  1115 Fisher St, Waco, TX 76705
• 

  

  

  /35

  $130,000

  • 3 Beds
  • 1 Bath
  • 1,406 Sq Ft

  1001 S 16th St, Waco, TX 76706

  Corner lot opportunity one mile from Baylor University and minutes from Magnolia Market and Downtown Waco. This 3 bedroom 1 bathroom 1,406 square foot home built in 1925 is being sold AS-IS and is priced to move at $130,000 — making it an ideal candidate for a full renovation, complete gut rehab, or new construction development.Sitting on a corner lot with easy access to Interstate 35, this

  Jeremy Shelby eXp Realty, LLC Waco

  1001 S 16th St, Waco, TX 76706
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  /38

  $198,500

  • 3 Beds
  • 1 Bath
  • 1,014 Sq Ft

  3801 James Ave, Waco, TX 76711

  Charming fully remodeled 3-bedroom, 1-bath home on a quiet corner lot at the end of a dead-end street. This move-in ready gem features a new HVAC system, new roof, hardwood floors throughout, stainless steel appliances, and natural gas cooking. It offers a 1-car garage plus 1-car carport, an oversized backyard, lovely curb appeal with a covered front porch, and a relaxing back patio. Perfect for

  Kadette Fossum Bridge Realty

  3801 James Ave, Waco, TX 76711
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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

  2314 Melissa Dr, Waco, TX 76708
• 

  

  /21

  $199,900

  $15K PRICE DROP

  • 2 Beds
  • 2.5 Baths
  • 1,064 Sq Ft

  2724 Gurley Ave, Waco, TX 76711

  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

  Reyna Reyes Arise Capital Real Estate

  2724 Gurley Ave, Waco, TX 76711
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  /7

  $65,000

  • Land
  • 5,096 Sq Ft
  • $555,556 per Acre

  1521 Tranquility Trail, Woodway, TX 76712

  Prime Lot for Sale in Midway ISD – Build Your Dream Home! Discover the perfect opportunity to build your dream home in a growing and established neighborhood within the highly sought-after Midway ISD! This cleared lot is ready for construction, offering a fantastic location with convenient access to schools, shopping, and dining. Whether you're looking to design a custom home or invest in a

  Anel Perales EG Realty

  1521 Tranquility Trail, Woodway, TX 76712
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  /2

  $74,900

  $15K PRICE DROP

  • Land
  • 15,768 Sq Ft
  • $206,906 per Acre

  1212 Elm St, Waco, TX 76704

  Price improvement: Now competitively priced at $74,900 to reflect market activity. Rare commercial land opportunity in one of Waco’s fastest-growing corridors. High-traffic, high-visibility site with excellent exposure and easy access to major thoroughfares. Located minutes from Magnolia Market at the Silos, Baylor University, and Downtown Waco. Area experiencing significant new development and

  Shauna Ortiz eXp Realty, LLC Waco

  1212 Elm St, Waco, TX 76704
• 

  

  /14

  $54,500

  • 2 Beds
  • 1 Bath
  • 798 Sq Ft

  720 Dearborn St, Waco, TX 76704

  This floor plan is so open, it doesn’t even have walls! A true blank canvas ready for your ideas and vision. Fix it up for yourself or turn it into your next investment project. With the interior already opened up, you can rework the layout and make the space your own. Don’t let this one get away and schedule a showing today! Seller financing available with $15,000 downpayment at 12%.

  Mariano Medina EG Realty

  720 Dearborn St, Waco, TX 76704
• 

  

  /19

  $199,900

  • 3 Beds
  • 1 Bath
  • 1,200 Sq Ft

  2225 Joey Dr, Waco, TX 76711

  Turn key, fully rebuilt into a 3 bed, 1 full bath house that is close to everything in town as it sit central to all the new shopping and commercial developments. The garage was built out to host a third bedroom and the back yard does not disappoint with a fenced private area to unwind after a long day. Come see why this is a great opportunity for anyone seeking their first or last ever home.

  Matthew Bassi

  2225 Joey Dr, Waco, TX 76711
• 

  

  /13

  $148,500

  • 4 Beds
  • 1 Bath
  • 1,040 Sq Ft

  2722 Mildred St, Waco, TX 76706

  This 4-bedroom, 1-bath home is now being offered as a stand-alone sale after previously being part of a multi-property package. The home is vacant, move-in ready, and features fresh improvements throughout: Roof replaced (2020), new HVAC system (2022), mostly updated vinyl windows (excludes side windows), fresh interior paint. It features a welcoming layout ideal for first-time homeowners or

  Heather Cathey JA Group Companies

  2722 Mildred St, Waco, TX 76706
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  /2

  $49,990

  $5K PRICE DROP

  • 2 Beds
  • 1 Bath
  • 624 Sq Ft

  1005 Harlem Ave, Waco, TX 76704

  Opportunity awaits with this 2-bedroom, 1-bath home in Waco! Whether you’re an investor looking for your next project or a buyer ready to bring your own vision to life, this property offers plenty of potential. Featuring a covered front porch and plenty of opportunity for updates and improvements, this home is ready for someone to make it their own. Conveniently located with access to shopping,

  Anel Perales EG Realty

  1005 Harlem Ave, Waco, TX 76704
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  /8

  $72,000

  $27K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,193 Sq Ft

  1913 Homan Ave, Waco, TX 76707

  You’ve found your next investment opportunity in the heart of North Waco’s sought-after Sanger Heights neighborhood on Homan Avenue. Built in 1917, this 1,193 square foot bungalow is full of potential and ready for your vision to bring it back to life. Classic early-1900s character, mature neighborhood charm, and strong upside make this the perfect fix-and-flip or long-term investment

  Reyna Reyes Arise Capital Real Estate

  1913 Homan Ave, Waco, TX 76707
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  /2

  $65,000

  $10K PRICE DROP

  • Land
  • 8,755 Sq Ft
  • $323,383 per Acre

  3824 Elliott Dr, Waco, TX 76711

  Prime Vacant Lot Near I-35 – Exceptional Investment Opportunity! Located just off the I-35 service road, this approximately 0.20-acre residential lot offers outstanding visibility and convenience in one of Waco's rapidly developing corridors. Zoned R-1B, the property is ideal for a custom home, investment project, or land hold while the surrounding area continues to grow. The property's McLennan

  Lindsey Gossett Versatile Real Estate Co.

  3824 Elliott Dr, Waco, TX 76711
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  /8

  $169,900

  • Land
  • 7.43 Acres
  • $22,882 per Acre

  TBD Hacienda Wesley, Waco, TX 76706

  OWNER FINANCING AVAILABLE FOR 20K MORE! Rare Find! Looking for the perfect slice of country living? This beautiful property offers just under 8 acres in a peaceful, remote location outside city limits. Additional acreage is available! • No restrictions – endless possibilities for your vision • Barn & irrigation system already in place • Barn on-site for immediate use or income potential • Water

  Antoinette Ratliff Texas Premier Realty

  TBD Hacienda Wesley, Waco, TX 76706
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  /16

  $139,900

  • 2 Beds
  • 1 Bath
  • 784 Sq Ft

  1118 Lexington St, Waco, TX 76711

  SELLER FINANCING AVAILABLE! This inviting 2-bedroom, 1-bath home offers a comfortable layout with modern interior finishes in a convenient Beverly Hills location just minutes from everything Waco has to offer. Whether you're looking for your first home, to downsize, or add to your investment portfolio, this property delivers an attractive combination of style and practicality.Inside,

  Robert Pfenninger Bridge Realty

  1118 Lexington St, Waco, TX 76711
• 

  

  /19

  $180,000

  • 3 Beds
  • 2 Baths
  • 912 Sq Ft

  2208 Joey Dr, Waco, TX 76711

  Conveniently located just minutes from H-E-B, shopping, restaurants, Baylor University, and everything that makes Waco one of the fastest-growing communities in Texas, this home offers the perfect blend of comfort, convenience, and opportunity. Step inside and you’ll immediately appreciate the warm, inviting atmosphere and functional layout designed for everyday living. Natural light fills the

  Alan Cooper Duck Brothers Real Estate

  2208 Joey Dr, Waco, TX 76711
• 

  /2

  $90,000

  • 5 Beds
  • 2.5 Baths
  • 2,254 Sq Ft

  2307 Homan Ave, Waco, TX 76707

  Investor opportunity with endless potential! Already taken down to the studs and ready for transformation. Designed with functionality in mind, the spacious layout features an open-concept living, dining, and kitchen area, an additional flex sitting room, a convenient downstairs powder bath, and a private primary suite on the main level. Upstairs, you'll find four additional bedrooms and a full

  Justin Hroch Dagwood Management, LLC

  2307 Homan Ave, Waco, TX 76707
• 

  

  /16

  $165,000

  $20K PRICE DROP Under Contract

  • 3 Beds
  • 1 Bath
  • 936 Sq Ft

  3623 Windsor Ave, Waco, TX 76708

  Welcome home to this charming 3-bedroom, 1-bath property offering 936 sq ft of comfortable living space. Step inside to find fresh updates throughout, including new laminate flooring in the open living areas, fresh interior paint, and brand-new carpet in all three bedrooms for a cozy, move-in-ready feel. The open layout creates a bright and inviting flow, perfect for everyday living. The kitchen

  Anel Perales EG Realty

  3623 Windsor Ave, Waco, TX 76708
• 

  

  /22

  $199,000

  • 4 Beds
  • 3 Baths
  • 1,710 Sq Ft

  2208 Cumberland Ave, Waco, TX 76707

  Fully occupied duplex in the heart of Waco! This fully occupied duplex delivers immediate cash flow with a 100% occupancy rate and low overhead. Built in 1916 and spanning 1,710 sq ft, this one-story property consists of two income-producing units with solid rental history. Reach out for financials or to schedule a walkthrough—this opportunity won't last.

  Kimberly N Smith Bramlett Partners

  2208 Cumberland Ave, Waco, TX 76707
• 

  

  /21

  $183,000

  • 2 Beds
  • 2.5 Baths
  • 1,152 Sq Ft

  1310 Speight Ave Unit 2, Waco, TX 76706

  Whether you're searching for the perfect home away from home for a Baylor student or looking for a prime investment opportunity, this move-in ready condo deserves a spot on your list! Located just minutes from Baylor University and close to all campus amenities, this 2-bedroom, 2.5-bathroom condo offers the ideal blend of convenience, comfort, and practicality. The first floor features a spacious

  Anel Perales EG Realty

  1310 Speight Ave Unit 2, Waco, TX 76706
• 

  

  /23

  $165,000

  • 2 Beds
  • 1 Bath
  • 776 Sq Ft

  3224 Daughtrey Ave, Waco, TX 76711

  Tiny Home, Big Upgrade — Completely Renovated & Truly Turnkey!Welcome home to this beautifully reimagined 2-bedroom, 1-bath tiny home, perfectly positioned on a beautiful, oversized corner lot. Renovated from top to bottom, this home is literally turnkey and move-in ready—all the work has been done for you.Major improvements include new electrical, new plumbing, new windows, and a

  Daniela Rodriguez Turner Brothers Real Estate, LLC

  3224 Daughtrey Ave, Waco, TX 76711
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  /15

  $145,900

  $29K PRICE DROP

  • 4 Beds
  • 1 Bath
  • 1,997 Sq Ft

  2325 Park Ave, Waco, TX 76706

  Discover the potential of this split floor plan. Under one roof you have two primary suites, also would work well as mother-in-law apartment with separate living area and kitchen! Located on a desirable corner lot, which offers plenty of indoor and outdoor space. The main kitchen offers an island with bar top and separate dining area, ideal for cooking and entertaining. The fenced backyard

  Ana Yanez EG Realty

  2325 Park Ave, Waco, TX 76706
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  /2

  $125,000

  • Land
  • 15,202 Sq Ft
  • $358,166 per Acre

  13065 Rainier Dr, Woodway, TX 76712

  Build your home in Tanglewood Estates with McLean & Sons Construction. McLean & Sons takes 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

  Lindsey McLean EG Realty

  13065 Rainier Dr, Woodway, TX 76712
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  /2

  $169,000

  $26K PRICE DROP

  • Land
  • 33,998 Sq Ft
  • $216,528 per Acre

  3317 S 3rd St, Waco, TX 76706

  Prime 0.78-acre development opportunity in the rapidly growing South Waco corridor. With approximately 34,000 square feet of land and M-2 zoning, this property offers exceptional flexibility for investors, developers, and business owners seeking their next project. Utilities are available, and the mostly level site provides an excellent canvas for a variety of potential uses including multifamily

  Sharon Kerr Texas Premier Realty

  3317 S 3rd St, Waco, TX 76706
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  /7

  $139,000

  • 2 Beds
  • 1 Bath
  • 820 Sq Ft

  1321 Dartmouth St, Waco, TX 76711

  Welcome to this cozy and inviting 2-bedroom, 1-bath home conveniently located in Waco! This charming property offers comfortable living with a spacious backyard and a great location near Central Texas Marketplace, Baylor University, McLane Stadium, shopping, dining, entertainment, and easy access to major roadways.Several important updates have already been completed, including a roof and

  Lucy Witt Coldwell Banker Apex, REALTORS

  1321 Dartmouth St, Waco, TX 76711
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  /2

  $51,000

  $1K PRICE DROP

  • Land
  • 9,888 Sq Ft
  • $224,670 per Acre

  1015 N 5th St, Waco, TX 76707

  Bring your vision to life on this .23-acre interior lot, perfectly positioned and ready for your dream build. Whether you’re planning a custom home or your next investment project, this ready-to-build property offers the ideal blank canvas with plenty of room to create the layout and outdoor space you’ve been imagining. Don’t miss this opportunity to secure land with endless potential in a great

  Meghan Beltran Fathom Realty, LLC

  1015 N 5th St, Waco, TX 76707
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  /29

  $134,500

  $5K PRICE INCREASE

  • 2 Beds
  • 2 Baths
  • 920 Sq Ft

  2005 S 8th St, Waco, TX 76706

  Here’s your chance to own a beautifully updated two-bedroom, two-bath condo just a short walk from campus. Designed for comfort and convenience, each bedroom includes its own private bath and walk-in closet, while fresh carpet and paint give the home a clean, move-in-ready feel. The inviting kitchen features rich wooden cabinetry, granite tile counters and backsplash, a breakfast bar, and all

  Joel Burns Burns Real Estate Services

  2005 S 8th St, Waco, TX 76706
• 

  

  /19

  $205,000

  $10K PRICE DROP

  • 4 Beds
  • 2 Baths
  • 1,730 Sq Ft

  2200 Lyle Ave, Waco, TX 76708

  Welcome to 2200 Lyle Ave, a spacious 4-bedroom, 2-bathroom home nestled in the desirable Farwell Heights neighborhood of North Waco. Built in 1950 and offering approximately 1,730 sq. ft. of living space, this property sits on an impressive 13,242 sq. ft. double corner lot — a rare find with plenty of room to spread out.Enjoy outdoor living on the covered patio, or take advantage of the

  Alex Aguilar Compass RE Texas, LLC.

  2200 Lyle Ave, Waco, TX 76708
• 

  

  /21

  $190,000

  $39K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,683 Sq Ft

  2408 Lake Air Dr, Waco, TX 76710

  Located in the desirable Meadow Wood neighborhood, this 3-bedroom, 2-bath home offers a great opportunity in the heart of Waco. Featuring luxury vinyl plank flooring, a fenced backyard, and several recent improvements, this home is full of potential.

  Jennifer Robbins CIF Real Estate Services, Inc.

  2408 Lake Air Dr, Waco, TX 76710
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  /8

  $8,499

  $2K PRICE DROP

  • Land
  • 4,356 Sq Ft
  • $84,990 per Acre

  0 Booker St, Waco, TX 76705

  Great opportunity to own a 0.10-acre corner lot on Booker St in Waco, TX! Conveniently located near major highways, this property offers excellent accessibility and is ideal for a new home or investment project. The corner location provides added flexibility for site design, while its proximity to shopping, dining, schools, and local amenities makes it a convenient place to build. Don't miss this

  Karen Davis Karen Davis Properties

  0 Booker St, Waco, TX 76705
• 

  

  /19

  $179,900

  • Land
  • 7.87 Acres
  • $22,873 per Acre

  494 Quillian Trace, Waco, TX 76705

  Great property in Gholson ISD. This 7.865 acre tract ia ready for its new owners and will make a great homesite. No restrictions on property and water meter in place. Owner financing is available. Power is ran to property with Hilco and water provided by Gholson. Great location, close to I35, Gholson, Waco, Homestead Heritage. Call today from more information.

  James Gilmore Bentwood Realty

  494 Quillian Trace, Waco, TX 76705
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  /4

  $134,000

  $5K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,060 Sq Ft

  3513 Bluebird St, Waco, TX 76705

  Investment Opportunity or First-Time Buyer Project!This 3-bedroom, 1-bath home is being sold as is and offers a great opportunity for investors, flippers, or first-time buyers ready to build equity with some TLC.The property features a fenced front and backyard, four mature pecan trees, and a convenient location within walking distance to schools, shopping, restaurants, and

  Zack Owen Weichert, Realtors - The Eastland Group

  3513 Bluebird St, Waco, TX 76705
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  /13

  $30,000

  • Land
  • 7,501 Sq Ft
  • $174,216 per Acre

  1116 Elm Ave, Waco, TX 76704

  Versatile Lot in East Waco – Minutes from Downtown!Discover 1116 Elm St, a 7,500+ sq ft lot located in one of Waco’s fast-growing neighborhoods. Just minutes from downtown, Magnolia Market, and Baylor University, this property is perfect for a variety of commercial or creative development projects. Whether you're planning a storefront, office space, or unique build, this prime location offers

  NaToya Alexander Keller Williams Realty, Waco

  1116 Elm Ave, Waco, TX 76704
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  /14

  $174,900

  • 3 Beds
  • 1 Bath
  • 1,106 Sq Ft

  2322 Reuter Ave, Waco, TX 76708

  Updates, classic charm, and a home that's ready for its next chapter! This 3-bedroom, 1-bath Waco home has already had several of the big-ticket improvements taken care of, including a new roof, new windows, new siding, and new flooring. Inside, you'll find an inviting, functional layout with an updated kitchen and bathroom featuring a tiled shower and updated vanity. Step outside to a

  Brooke Mason White Label Realty

  2322 Reuter Ave, Waco, TX 76708
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  /20

  $198,500

  $21K PRICE DROP

  • 3 Beds
  • 2 Baths
  • 1,396 Sq Ft

  2817 Cleveland Ave, Waco, TX 76711

  Centrally located, tastefully updated with granite countertops, Open floor plan. Large fenced back yard, fire pit and storage building. Minutes from HEB, schools and !-35.

  Michael Schumaker Kelly, Realtors

  2817 Cleveland Ave, Waco, TX 76711
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  /21

  $149,000

  $15K PRICE DROP

  • 3 Beds
  • 1 Bath
  • 1,604 Sq Ft

  2600 Homan Ave, Waco, TX 76707

  Set on a corner lot in the heart of Waco, this 3 bedroom, 1.5 bath home blends early 20th-century character with practical everyday living. Just minutes from HEB, Target, and the conveniences of central Waco, the location keeps you connected without sacrificing neighborhood charm. Inside, you’ll find a mix of carpet, laminate flooring, and tile, along with higher ceilings in the bedrooms that

  Greg Clark EG Realty

  2600 Homan Ave, Waco, TX 76707
• 

  

  /24

  $179,000

  $15K PRICE DROP

  • 1 Bed
  • 2 Baths
  • 1,045 Sq Ft

  4924 Cobbs Dr Unit 2A, Waco, TX 76710

  Move-in ready and affordably priced in one of Waco's most established and secure condominium communities! This beautifully updated condo features two private balconies, an open living area, custom entertaining bar, dedicated office nook, and a flexible floor plan originally designed as a two-bedroom unit. Future owners may explore restoring the original second bedroom configuration if desired.

  Kevin Griffin Bentwood Realty

  4924 Cobbs Dr Unit 2A, Waco, TX 76710
• 

  

  /21

  $169,000

  $20K PRICE DROP

  • 1 Bed
  • 1 Bath
  • 608 Sq Ft

  2312 S 12th St, Waco, TX 76706

  With the property being zoned O-2 and ideally located near Baylor University, downtown Waco, Magnolia, and many of the city’s most visited attractions make this property an excellent opportunity for an investor looking to enter or expand in Waco’s short-term rental market. The home features an open-concept living and kitchen area with vaulted ceilings, granite countertops, and plenty of cabinet

  Oscar Quintero Coldwell Banker Apex, REALTORS

  2312 S 12th St, Waco, TX 76706

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