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

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  • /11

    $85,000

    • 1 Bed
    • 1.5 Baths
    • 552 Sq Ft

    2000 Parrish St, Waco, TX 76705

    1 bedroom 1 bathroom fully remodeled home that cashflows! Don't let one of the most affordable homes in this condition get away and schedule a showing today.

    Mariano Medina EG Realty

    2000 Parrish St, Waco, TX 76705
  • /32

    $79,997

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 848 Sq Ft

    3317 N 23rd St, Waco, TX 76708

    North Waco Investor Special — Solid Structural Frame Ready for Finish-Out.Lock down an ultra-affordable entry price in an active submarket with this high-margin contractor canvas. Featuring a functional footprint on a manageable city lot, this asset provides an incredible investment for an aggressive fix-and-flip or a high-yield BRRRR portfolio addition.The clean interior layout is

    Salvador Caballero ListWithFreedom.com

    3317 N 23rd St, Waco, TX 76708
  • /7

    $90,000

    $10K PRICE DROP
    • Land
    • 10,236 Sq Ft
    • $382,979 per Acre

    1912 Barnard Ave, Waco, TX 76701

    Chase Sager Keller Williams Realty, Waco

    1912 Barnard Ave, Waco, TX 76701
  • /12

    $149,500

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,558 Sq Ft

    819 S 10th St, Waco, TX 76706

    Investment opportunity in the heart of Downtown Waco! This 1,558 SF property is zoned O-2, allowing for short-term rentals, making it an ideal option for investors looking to capitalize on Waco’s thriving tourism market. Situated on a great lot walking distance to Magnolia, Baylor University, downtown restaurants, shopping, and entertainment, the location is hard to beat. Whether you’re looking

    Casey Turnmire Bentwood Realty

    819 S 10th St, Waco, TX 76706
  • /2

    $35,000

    • Land
    • 7,492 Sq Ft
    • $203,488 per Acre

    1915 Seley Ave, Waco, TX 76704

    New lot listed for sale in La Vega ISD! Buy it to build your next home or for your next investment. Don't let this affordable lot get away and schedule a showing today!

    Mariano Medina EG Realty

    1915 Seley Ave, Waco, TX 76704
  • /26

    $185,000

    $10K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,512 Sq Ft

    3613 Trice Ave, Waco, TX 76707

    Welcome to 3613 Trice Ave, a charming three-bedroom, two-bathroom home nestled in the heart of Waco and located in the desirable Dean Highland Elementary school zone. This inviting home features an open layout and a modern spacious kitchen with ample counter space for all your culinary needs. The main bedroom is complete with a nice size ensuite bath featuring a jetted tub. The two additional

    Debora Romine McMillan Weichert, Realtors - The Eastland Group

    3613 Trice Ave, Waco, TX 76707
  • /4

    $125,000

    • 2 Beds
    • 1 Bath
    • 1,092 Sq Ft

    2512 Colonial Ave, Waco, TX 76707

    here’s a version you can drop right in: Opportunity awaits with this two-bedroom, one-bath home in Waco. Whether you're an investor looking to add to your portfolio, or someone ready to roll up your sleeves and create a place of your own, this property offers plenty of potential. The home is currently tenant-occupied, providing an opportunity for rental income while you plan your next steps. With

    Misty Bills CENTURY 21 Judge Fite Company

    2512 Colonial Ave, Waco, TX 76707
  • /22

    $155,000

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

    1294 Speight Ave, Waco, TX 76706

    Right in the Baylor Bubble! This 2-bed, 2.5-bath condo is perfectly located for students, faculty, or investors. The floor plan includes a spacious living room with built-ins, kitchen and dining area, laundry room with space for full-size washerdryer, plus a convenient half bath downstairs. Upstairs offers two bedrooms, each with its own private bath—ideal for roommates or guests. Private back

    Alan Cooper Duck Brothers Real Estate

    1294 Speight Ave, Waco, TX 76706
  • /8

    $62,500

    • Land
    • 8,807 Sq Ft
    • $309,100 per Acre

    702 Spring St, Waco, TX 76704

    Come check out this 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 miss out

    Patricia Meadows Graceland Real Estate

    702 Spring St, Waco, TX 76704
  • /16

    $119,249

    • 2 Beds
    • 1 Bath
    • 1,108 Sq Ft

    9583 S 3rd st Rd, Waco, TX 76706

    NEW LISTING! Welcome to 9583 S. 3rd St. We just listed this This pleasant 2-bedroom, 1 bathroom home features a large yard that is great for pets and children. This home offers you easy access to Cameron Park Zoo, National Parks, Museums, and much more. Appreciate the nature and clear skies in this beautiful rural neighborhood. WE MAKE IT EASY TO OWN. This is a great opportunity! Don't wait, call

    Chet Polniazek 1st Texas Realty Services

    9583 S 3rd st Rd, Waco, TX 76706
  • /6

    $135,000

    • 3 Beds
    • 1 Bath
    • 1,056 Sq Ft

    2701 Park Ave, Waco, TX 76711

    Looking for your next investment opportunity or a home with plenty of potential? 2701 Park Avenue offers 3 bedrooms, 1 bath, and a great opportunity for someone ready to put their own touch on a property. Currently tenant-occupied, this home could be a great addition to an investment portfolio or a renovation project for a buyer looking to create a space of their own. Situated on a spacious lot

    Misty Bills CENTURY 21 Judge Fite Company

    2701 Park Ave, Waco, TX 76711
  • /3

    $109,000

    • 3 Beds
    • 1 Bath
    • 1,064 Sq Ft

    518 Walker St, Waco, TX 76704

    This 3/1 has great potential for maximizing rental income. Property has a long-term tenant. 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

    518 Walker St, Waco, TX 76704
  • /5

    $95,000

    $4K PRICE DROP
    • Land
    • 33,454 Sq Ft
    • $123,698 per Acre

    5101 Beverly Dr, Waco, TX 76711

    Beautiful, wooded lot in close proximity to the VA and Cottonwood Golf Course. Enjoy the pecan trees and oak trees, all while having city utilities and 170 feet of frontage on Beverly Drive. Currently zoned R-1, but seller has a variance for it to be multi-family, up to 5 units. Site plans are available, as well as, a soil survey. Don't miss out!

    Joslyn Horn Camille Johnson

    5101 Beverly Dr, Waco, TX 76711
  • /11

    $59,000

    $10K PRICE DROP
    • Land
    • 8,755 Sq Ft
    • $293,532 per Acre

    525 S 23rd St, Waco, TX 76706

    Exceptional opportunity to own a prime corner lot in the heart of Waco! Ideally situated just minutes from the iconic Magnolia Silos, Baylor University, downtown dining, shopping, and entertainment, this property offers incredible potential in one of the city's most desirable growth areas. Whether you're looking to build your dream home, develop a multi-family investment property, or explore

    Francine DiBella EXP REALTY

    525 S 23rd St, Waco, TX 76706
  • /25

    $179,900

    • 2 Beds
    • 2 Baths
    • 1,045 Sq Ft

    4924 Cobbs Dr Unit 4E, Waco, TX 76710

    Welcome to your new home in the heart of Waco at the Lake Air Towers. This beautifully freshly painted two-bedroom, two-bath condo offers a lifestyle of safety, security and effortless living. #4E is located on the fourth floor and boasts nice views from both bedrooms and also living room, each with their own private balcony. The condo's layout maximizes natural light, enhancing the warm and

    Donna Long Camille Johnson

    4924 Cobbs Dr Unit 4E, Waco, TX 76710
  • /3

    $34,900

    • Land
    • 7,000 Sq Ft
    • $217,175 per Acre

    1000 E Calhoun Ave, Waco, TX 76704

    Build your vision in one of Waco's most convenient locations! This cleared vacant lot is just a 3-minute drive or approximately a 10-minute walk to McLane Stadium, with easy access to Baylor University, Downtown Waco, the Brazos River, and some of the city's best restaurants, shopping, and entertainment. Whether you're looking to build your dream home, an investment property, or explore future

    Casey Turnmire Bentwood Realty

    1000 E Calhoun Ave, Waco, TX 76704
  • /29

    $174,900

    • 3 Beds
    • 1 Bath
    • 1,040 Sq Ft

    1020 Fisher St, Waco, TX 76705

    Beautifully updated and refreshed throughout, this 3-bedroom, 1-bath home blends timeless character with modern improvements. Originally built in 1939, it showcases newly refinished hardwood floors, new carpet, fresh exterior paint, an updated kitchen, and a beautifully remodeled bathroom. Additional upgrades include a 2024 HVAC system and a gas water heater replaced in 2021.Situated on a

    Ginnie Harwood Graceland Real Estate

    1020 Fisher St, Waco, TX 76705
  • /11

    $79,900

    • 2 Beds
    • 1 Bath
    • 928 Sq Ft

    1002 E Calhoun Ave, Waco, TX 76704

    Endless possibilities await with this unique investment opportunity! The existing home is a shell, providing the perfect blank canvas to finish out exactly how you envision. Major improvements have already been completed, including foundation repairs and new windows, saving you time and expense as you bring the project to life. Situated on a spacious lot in one of Waco's most desirable locations,

    Casey Turnmire Bentwood Realty

    1002 E Calhoun Ave, Waco, TX 76704
  • /19

    $99,000

    $31K PRICE DROP
    • 3 Beds
    • 1.5 Baths
    • 1,388 Sq Ft

    3600 Kenwood St, Waco, TX 76706

    Great INVESTMENT opportunity! The numbers are good for a rental AND a flip. Call agent for more info.

    Leslie Edwards Better Homes and Gardens

    3600 Kenwood St, Waco, TX 76706
  • /26

    $149,900

    $5K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 958 Sq Ft

    1348 S 12th St, Waco, TX 76706

    With short-term rentals permitted, this move-in ready District 12 condo in the Baylor area is ready to serve as your college home, weekend landing spot, or investment opportunity! Located on the ground level, this 2 bedroom, 2 bath unit is both modern and charming featuring an open-concept living area with beautiful laminate floors and a neutral color palette throughout. Kitchen includes granite

    Melissa Miller Magnolia Realty

    1348 S 12th St, Waco, TX 76706
  • /8

    $132,000

    • 2 Beds
    • 1 Bath
    • 884 Sq Ft

    2725 Lasker Ave, Waco, TX 76707

    This 2/1 has great potential for maximizing rental income. Property is currently occupied by a Tenant. 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

    2725 Lasker Ave, Waco, TX 76707
  • /10

    $95,000

    • Land
    • 19,514 Sq Ft
    • $212,054 per Acre

    220 Wycliff Dr, Waco, TX 76633

    Design and build your dream home on this spacious half acre lot in the exclusive neighborhood, Preserve at Bosque Bend. The location is near some of the most beautiful homes in the Greater Waco area. Enjoy the luxury of full city services; water, sewer, and electricity. Only a short drive to the highly desired China Spring High School, Lake Waco Country Club, Lake Waco, and the Waco regional

    Kolbey Carpenter Texas Luxury and Land

    220 Wycliff Dr, Waco, TX 76633
  • /26

    $189,900

    $9K PRICE DROP
    • 1,932 Sq Ft

    3000 Ethel Ave, Waco, TX 76707

    2 properties for under $190,000. Unique Dual-Home Investment Opportunity in Waco! Exceptional opportunity to own two income-producing homes on one property ID—perfect for investors or multi-generational living. The main residence at 3000 Ethel Ave is a charming single-family home offering inviting living spaces and timeless appeal. The secondary home at 1412 N 30th St is a 1-bedroom, 1-bath

    Patricia Meadows Graceland Real Estate

    3000 Ethel Ave, Waco, TX 76707
  • /29

    $194,900

    $25K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,568 Sq Ft

    2524 McFerrin Ave, Waco, TX 76708

    Fully Remodeled 3-Bed, 2-Bath Home in Central Waco!Welcome to 2524 McFerrin Ave, a beautifully updated home offering modern finishes, functional living, and unbeatable convenience. This move-in ready property features a bright, open floor plan with new flooring, fresh paint, and stylish fixtures throughout. The kitchen has been completely renovated with sleek cabinetry, stainless-steel

    Catt Longoria Bramlett Partners

    2524 McFerrin Ave, Waco, TX 76708
  • /2

    $99,900

    $45K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,160 Sq Ft

    807 Garrison St, Waco, TX 76704

    Perfectly positioned just minutes from downtown Waco, Baylor University, Cameron Park, and many of the city’s favorite attractions, this property offers exceptional convenience and accessibility. Enjoy quick access to local dining, shopping, entertainment, and outdoor recreation while being centrally located near everything Waco has to offer. Recent upgrades include a brand-new roof and new HVAC

    NaToya Alexander Keller Williams Realty, Waco

    807 Garrison St, Waco, TX 76704
  • /12

    $41,000

    • Land
    • 16,117 Sq Ft
    • $110,811 per Acre

    TBD Alma Rohn Dr, Waco, TX 76705

    Attention investors and builders—this oversized vacant lot in La Vega ISD is set up for your next project. With R-2 zoning already in place, you’ve got the flexibility to develop multiple units or maximize the footprint to fit your vision. Plenty of space to work with, strong potential for return, and located in an area seeing continued growth. Whether you’re building to hold or building to sell,

    Greg Clark EG Realty

    TBD Alma Rohn Dr, Waco, TX 76705
  • /13

    $159,900

    • 3 Beds
    • 2 Baths
    • 1,568 Sq Ft

    1601 N 11th St, Waco, TX 76707

    OWNER FINANCING AVAILABLE WITH AS LITTLE AS 10% DOWN!Recently renovated and centrally located in Waco, this 3-bedroom, 2-bathroom home with a BONUS ROOM offers a spacious layout with plenty of flexibility. The bonus room could work well as a home office, playroom, or could be enclosed to create a 4th bedroom.Inside, you’ll find an open floor plan, new flooring, tall ceilings,

    Kayley George EG Realty

    1601 N 11th St, Waco, TX 76707
  • /13

    $155,000

    • 3 Beds
    • 1 Bath
    • 1,598 Sq Ft

    1824 Lyle Ave, Waco, TX 76708

    Opportunity awaits with this 3-bedroom, 1-bath home full of potential! This property is ideal for investors, flippers, or buyers looking to put their personal touch on a home. With some TLC, this could be transformed into a great residence or income-producing property.Located in a convenient area near McLennan Community College, Cameron Park Zoo, and just a short drive to downtown Waco,

    Marlen Maldonado Castillo Elite 5 Star Realty

    1824 Lyle Ave, Waco, TX 76708
  • /24

    $145,000

    $35K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,280 Sq Ft

    4205 Fort Ave, Waco, TX 76710

    INVESTOR SPECIAL! Welcome to this 3- bed, 2- bath home offering incredible potential and energy saving perks! Perfect for investors seeking their next project, the property features solar panels to help keep utility costs low and a spacious covered deck in the backyard. Conveniently located near shopping, dining,and everyday essentials. The home is in need of foundation work, along with

    Pricilla Paniagua EG Realty

    4205 Fort Ave, Waco, TX 76710
  • /32

    $179,900

    • 2 Beds
    • 2 Baths
    • 1,176 Sq Ft

    512 Herring Ave, Waco, TX 76708

    OWNER FINANCE OPPORTUNITY – Rare opportunity to purchase two adjoining parcels in Waco’s Opportunity Zone, offering outstanding flexibility for homeowners, investors, and developers alike. Featuring highly desirable R-3E zoning, these properties allow for a variety of high-density residential uses including duplexes, townhomes, multifamily residences, and apartments, creating exceptional future

    Daniela Rodriguez Turner Brothers Real Estate, LLC

    512 Herring Ave, Waco, TX 76708
  • /34

    $179,990

    $30K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft

    3336 Kendall Ln, Waco, TX 76705

    Freshly remodeled and move-in ready, this charming 3-bedroom, 1-bath home offers roughly 1,200 sq. ft. of thoughtfully updated living space in La Vega ISD. The remodel showcases a bright, open layout with modern finishes throughout and a standout, low-maintenance epoxy-coated floor that adds a unique, contemporary touch. The bathroom has been updated and the kitchen features clean, modern

    Jordan Alders Coldwell Banker Apex, REALTORS

    3336 Kendall Ln, Waco, TX 76705
  • /2

    $73,999

    $1K PRICE DROP
    • Land
    • 26,136 Sq Ft
    • $123,332 per Acre

    TBD River Park Rd, Woodway, TX 76712

    Build the home you've always envisioned on this exceptional vacant homesite located next to 537 River Park Drive. Tucked into an established neighborhood, this property offers the perfect opportunity to design a custom home that fits your lifestyle while enjoying the charm and convenience of one of the area's most sought-after locations. You'll be just minutes from shopping, local dining, parks,

    Meghan Beltran Fathom Realty, LLC

    TBD River Park Rd, Woodway, TX 76712
  • /19

    $169,000

    $10K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 1,008 Sq Ft

    3813 James Ave, Waco, TX 76711

    3 bedroom home priced under market value. Large backyard that is perfect for entertaining family & friends.

    Desmond Trotter Premier, Realtors

    3813 James Ave, Waco, TX 76711
  • /23

    $119,995

    $55K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,232 Sq Ft

    1615 Crockett St, Waco, TX 76705

    Located in the heart of Waco, this 3-bedroom, 2-bath mobile home offers both convenience and charm. Less than 10 minutes from Baylor University and Cameron Park, it’s perfectly situated for easy access to schools, parks, and city amenities. Inside, the kitchen is a standout, featuring ample cabinetry, a central island, and a farmhouse-style sink that adds tons of character. The primary suite is

    Michael Kennedy Gingrich Group, LLC

    1615 Crockett St, Waco, TX 76705
  • /25

    $153,800

    $5K PRICE DROP
    • 3 Beds
    • 1 Bath
    • 976 Sq Ft

    905 Carver St, Waco, TX 76704

    NEW PRICE and FHA WELCOME! 905 Carver shows the pride of ownership shines in every corner. The heart of the home features gleaming, original hardwood floors that have been preserved to perfection flowing from the living room to one of the bedrooms and hall. The recent kitchen appliances along with the washer and dryer convey with the property. A four year old roof is sure to save on the insurance

    Linda McDonald Coldwell Banker Apex, REALTORS

    905 Carver St, Waco, TX 76704
  • /11

    $199,900

    • 3 Beds
    • 2 Baths
    • 1,264 Sq Ft

    1300 Spring St, Waco, TX 76704

    Welcome to this 3-bedroom, 2-bath home conveniently located near I-35! Situated on a spacious corner lot with mature trees, the property offers plenty of outdoor space and easy access to nearby shopping, dining, and amenities. The home is maintained, with some opportunities for updating and personal touches, making it a great option for those looking for a comfortable home with room to make it

    Anna Johnson Camille Johnson

    1300 Spring St, Waco, TX 76704
  • /9

    $194,900

    $155K PRICE DROP
    • Land
    • 2.04 Acres
    • $95,539 per Acre

    3000-3008 Robinson Dr, Waco, TX 76706

    Rarely does a property like this come available — Three adjoining lots approximately 2.04 acres of land located directly off Robinson Drive, one of Waco’s key corridors. Zoned R-1B Single-Family Residential, this lot offers flexibility for both homeowners and investors who recognize the value of prime location combined with size and potential.Positioned just minutes from Baylor University,

    Elizabeth Bays Axio Real Estate LLC

    3000-3008 Robinson Dr, Waco, TX 76706
  • /10

    $129,000

    • Land
    • 9.38 Acres
    • $13,753 per Acre

    TBD Dogwood Ln, Waco, TX 76705

    Welcome to your own slice of heaven. Secluded property that could be a perfect weekend retreat to escape from the busy city or the perfect building site for your home. Located just outside of city limits and still close enough to town! Don't waste any time and schedule a private tour today!

    Mariano Medina EG Realty

    TBD Dogwood Ln, Waco, TX 76705
  • /2

    $169,999

    $9K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 869 Sq Ft

    3812 Lasker Ave, Waco, TX 76707

    Great opportunity ! This is a 2 bedroom, 1 bath, 1 car garage home in the heart of Waco. This home has updated tile mixed with original wood flooring, updated interior paint, and newer AC. Make your appointment today...

    Dana Mitchell Coldwell Banker Apex, REALTORS

    3812 Lasker Ave, Waco, TX 76707
  • /10

    $75,000

    • 1 Bed
    • 1 Bath
    • 895 Sq Ft

    1011 Turner St, Waco, TX 76704

    1011 Turner St, Waco, TX 76704Investor Special in a Revitalizing Waco Area! This 1925 home offers 895 square feet of opportunity and plenty of potential for the investor or buyer looking for a project. Featuring an eat-in kitchen, one bedroom, and a large backyard, this property is ready for someone with a vision to bring it back to life. Located in an area of Waco experiencing

    Becky Bass Kelly, Realtors

    1011 Turner St, Waco, TX 76704

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