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Downtown Waco Homes for Sale

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  • /76

    $899,000

    $201K PRICE DROP
    • 4 Beds
    • 3 Baths
    • 2,181 Sq Ft

    707 S 9th St, Waco, TX 76706

    Beautiful luxury new construction designed and built by Aviles Construction, LLC. Just steps away from the Magnolia Silos, the newly built Foster Pavilion, Baylor University, and the Art Center of Waco. The gated and fully fenced property leads to an entryway with stunning glass double-doors equipped with a smart lock. A high ceiling over the seating area truly opens up the space and the kitchen

    Agent Photo

    Maritza Perez

    Kelly, Realtors

    707 S 9th St, Waco, TX 76706
  • /26

    $450,000

    $50K PRICE DROP
    • 2 Beds
    • 2.5 Baths
    • 1,088 Sq Ft

    708 S 9th St, Waco, TX 76706

    Rare opportunity to acquire one — or all three — of these highly successful, income-producing short-term rentals on S. 9th Street. Located within walking distance to Magnolia Market at the Silos and just minutes from Baylor University, these properties are proven performers with consistent demand from Baylor families, game-day visitors, and weekend travelers. Each home is fully furnished,

    Agent Photo

    Tracy Childress

    AG Real Estate & Associates

    708 S 9th St, Waco, TX 76706
  • /33

    $600,000

    $50K PRICE DROP
    • 4 Beds
    • 4.5 Baths
    • 1,600 Sq Ft

    706 S 9th St, Waco, TX 76706

    Rare opportunity to acquire one — or all three — of these highly successful, income-producing short-term rentals on S. 9th Street. Located within walking distance to Magnolia Market at the Silos and minutes from Baylor University, these fully furnished, professionally operated properties offer immediate cash flow in one of Waco’s most desirable STR corridors. Portfolio purchase provides scale and

    Agent Photo

    Tracy Childress

    AG Real Estate & Associates

    706 S 9th St, Waco, TX 76706
  • /35

    $500,000

    $50K PRICE DROP
    • 3 Beds
    • 3.5 Baths
    • 1,461 Sq Ft

    714 S 9th St, Waco, TX 76706

    Rare opportunity to acquire one — or all three — of these highly successful, income-producing short-term rentals on S. 9th Street. Located within walking distance to Magnolia Market at the Silos and minutes from Baylor University, these properties are proven performers with consistent demand from Baylor families, game-day visitors, and weekend travelers. Fully furnished, thoughtfully designed,

    Agent Photo

    Tracy Childress

    AG Real Estate & Associates

    714 S 9th St, Waco, TX 76706
  • /4

    $299,000

    • 1 Bed
    • 1 Bath
    • 588 Sq Ft

    330 Austin Ave Unit 328, Waco, TX 76701

    Welcome to this stunning, completely renovated 1-bedroom, 1-bathroom condo in the heart of downtown. Thoughtfully renovated with an exceptional eye for detail, this home offers a level of quality and craftsmanship that's hard to find at this price point. Inside, you'll find hardwood flooring, custom trim work, beadboard accents, designer wallpaper, and carefully selected finishes throughout. The

    Jacob Sloan EG Realty

    330 Austin Ave Unit 328, Waco, TX 76701
  • /40

    $789,900

    $35K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,481 Sq Ft

    330 Austin Ave Unit 322, Waco, TX 76701

    Live above it all at The Balconies in the heart of Downtown Waco. This stylish corner unit pairs an open, airy floor plan with custom built-ins, a chic dry bar, and designer updates throughout. Walls of windows frame sweeping views over Franklin Avenue—catch sunrises, spot Baylor and the Silos, and enjoy front-row seats to the Baylor Homecoming parade right from your private balcony. The secured

    Bricker Bruner Kelly, Realtors

    330 Austin Ave Unit 322, Waco, TX 76701
  • /34

    $345,000

    • 4 Beds
    • 2 Baths
    • 1,274 Sq Ft

    1012 Burnett Ave, Waco, TX 76706

    Beautifully restored 4-bedroom, 2-bath home in the heart of Waco! Extensively renovated in 2020 with updated electrical, plumbing, roof, windows, and select siding while preserving its original character. Inside, you’ll find original hardwood floors, shiplap accents, and a thoughtfully designed addition that expanded the home’s living space and functionality. The home can be sold fully furnished,

    Kristin Hooper

    1012 Burnett Ave, Waco, TX 76706
  • /31

    $224,900

    • 3 Beds
    • 2 Baths
    • 1,282 Sq Ft

    1623 Burnett Ave, Waco, TX 76706

    Completely reimagined from the studs out, this isn't just a remodel—it's essentially a new home wrapped in timeless charm. Originally built in 1900, every major system has been thoughtfully updated, including the foundation, roof, HVAC, plumbing, electrical, windows, flooring, and finishes throughout, allowing you to enjoy the character of a historic home without the maintenance concerns that

    Mick Murray EG Realty

    1623 Burnett Ave, Waco, TX 76706
  • /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
  • /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
  • /10

    $495,000

    • 2,978 Sq Ft

    1521 Barnard St, Waco, TX 76701

    Prime investment opportunity in Waco! This multi-unit property at 1517–1529 Barnard St offers strong income potential in a rapidly growing area just minutes from Baylor University and downtown. Featuring multiple units across the property, this asset is ideal for investors seeking steady rental income with the benefit of proximity to one of Waco’s most in-demand rental corridors. The location

    NIcholas Rivas Kelly, Realtors

    1521 Barnard St, Waco, TX 76701
  • /24

    $525,000

    $50K PRICE DROP
    • 3 Beds
    • 2 Baths
    • 1,356 Sq Ft

    1114 Clay Ave, Waco, TX 76706

    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

    Brittany Miller Keller Williams Realty Allen

    1114 Clay Ave, Waco, TX 76706
  • /7

    $100,000

    • Land
    • 10,236 Sq Ft
    • $425,532 per Acre

    1912 Barnard Ave, Waco, TX 76701

    Chase Sager Keller Williams Realty, Waco

    1912 Barnard Ave, Waco, TX 76701
  • /12

    $174,999

    • 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
  • /26

    $455,000

    $20K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,295 Sq Ft

    721 Austin Ave Unit B, Waco, TX 76701

    This beautifully updated 2 bedroom, 2 bath condo is perfectly situated in the vibrant downtown Waco area, making it a prime location for both relaxation and entertainment. The spacious open floor plan is light and bright, creating a warm and welcoming atmosphere. Enjoy the stylish finishes throughout including sleek granite countertops and island in the kitchen for enhancing both functionality

    Celina Fuller Eastland Weichert, Realtors - The Eastland Group

    721 Austin Ave Unit B, Waco, TX 76701
  • /38

    $1,399,000

    $199K PRICE DROP
    • 6 Beds
    • 8 Baths
    • 4,264 Sq Ft

    602 S 8th St, Waco, TX 76706

    Positioned in the heart of downtown Waco, this is a rare opportunity to own two top-performing short-term rentals in one of the city’s most sought-after districts. Located within walking distance to Magnolia Market at the Silos and just minutes from Baylor University, The Armstrong and Fitzgerald consistently attract Baylor families, game-day visitors, and weekend travelers year-round. What truly

    Blaire Mooney Magnolia Realty

    602 S 8th St, Waco, TX 76706
  • /22

    $259,000

    $116K PRICE DROP
    • 4 Beds
    • 2 Baths
    • 3,708 Sq Ft

    1601 Columbus Ave, Waco, TX 76701

    Situated in the heart of Downtown Waco, this 3,700+ sq. ft. property offers the rare combination of historic charm and versatile O-3 zoning, allowing for a variety of residential and neighborhood commercial uses. Whether you're looking for a unique residence, professional office, boutique retail space, restaurant, salon or spa, or another approved business use, this property offers exceptional

    Vanessa Garcia Keller Williams Realty, Waco

    1601 Columbus Ave, Waco, TX 76701
  • /2

    $29,000

    • Land
    • 5,445 Sq Ft
    • $232,000 per Acre

    725 S 12th St, Waco, TX 76706

    This improved lot at 725 S. 12th St. offers a practical opportunity for building in an established neighborhood. The property is ready for development and features cleared ground, saving you time and initial preparation costs. The property is located just blocks from the edge of the Baylor University campus area, offering easy access to both downtown and local spots. Zoned O-2, this land is

    LISA MARTIN Better Homes and Gardens

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

    $143,000

    $2K PRICE DROP
    • 2 Beds
    • 2 Baths
    • 1,072 Sq Ft

    603 N 10th St, Waco, TX 76701

    Zoned O-2 and located just blocks from downtown, this property is packed with opportunity. The existing home could be renovated and brought back to life, or a builder could take advantage of the lot and start fresh with new construction. The O-2 zoning allows for a wide range of possibilities including commercial use, short-term rentals, and a variety of mixed-use options, making it an attractive

    Jacob Sloan EG Realty

    603 N 10th St, Waco, TX 76701
  • /27

    $824,700

    • 5 Beds
    • 3.5 Baths
    • 2,976 Sq Ft

    617 S 12th St, Waco, TX 76706

    Welcome to one of Waco's historic treasures featured in Historic Homes of Waco! Walking distance to the Silos, Downtown Waco, Foster Pavilion and minutes from Baylor University. Large living space that opens to the kitchen and dining room, a wood-burning fire place, plenty of natural light throughout, stainless steel refrigerator, stocked kitchen with utensils, plates, bowls, all cooking

    Taylor Lokey Scott Brown Properties, Inc

    617 S 12th St, Waco, TX 76706
  • /10

    $1,350,000

    $300K PRICE DROP
    • 3,182 Sq Ft

    632 S 7th St, Waco, TX 76706

    Prime downtown Waco special-use property offering 3,182 SF of fully furnished short-term rental space. This turnkey investment delivers in-place revenue with future reservations already booked. Located in the heart of Waco’s vibrant downtown near Magnolia and Baylor University, this property combines strong income performance with exceptional visibility.

    Caleb Loudamy Coldwell Banker Apex, REALTORS

    632 S 7th St, Waco, TX 76706

Why Live in Downtown Waco

Downtown Waco, the birthplace of Dr Pepper, has seen a resurgence in recent years, thanks in part to the efforts of Chip and Joanna Gaines of HGTV fame. This central Texas neighborhood, once devastated by a 1953 tornado, is now a vibrant area with numerous attractions. Key landmarks include the Dr Pepper Museum, the Hippodrome Theatre, and the iconic Waco Suspension Bridge. The Silos, home to Magnolia Market, are a major draw, surrounded by breweries, restaurants, and independent shops. The Waco Downtown Farmers Market offers fresh produce every Saturday, while Fabled Bookshop & Café provides a cozy spot for book lovers. Dining options range from Vietnamese cuisine at The Clay Pot to Mexican fare at Maria Mezcaleria. For nightlife, venues like Backyard Bar Stage and Grill and Waco Ale Company offer live music and events, though the area is known for its early closing times. Annual events like the Brazos Nights concert series and Heart O' Texas Fair & Rodeo add to the fun. Outdoor spaces such as Indian Spring Park and Cotton Palace Park provide green spaces with walking paths, playgrounds, and picnic areas. Housing in downtown Waco includes numerous condo developments and single-family cottages, with a mix of newly constructed and historic homes. The neighborhood is served by the Silo District Trolley and Waco Transit System, with easy access to Route 84 and Interstate 35. Waco Regional Airport is 6 miles away, offering connections to major hubs.

Downtown Waco Home Prices vs. Nearby Waco, TX Neighborhoods

Downtown Waco Downtown Temple Austin Avenue West Waco
Median Home Price
$389,900
$279,250
$420,000
$399,000
Median Sale Price
$344,950
+20% YoY
$374,650
+93% YoY
$405,450
-8% YoY
$369,450
-7% YoY
Median Single Family Price
$287,000
$265,575
$405,450
$374,900
Total Active Listings
15
4
14
45
Market Conditions
9 Months of Supply
Buyer's Market
8 Months of Supply
Buyer's Market
7 Months of Supply
Buyer's Market
4 Months of Supply
Balanced Market

Frequently Asked Questions

Is Downtown Waco a good place to live?
Downtown Waco is a good place to live. Downtown Waco is considered somewhat walkable and bikeable. Downtown Waco has 3 parks for recreational activities. It has a median age of 29. The average household income is $68,044 which is below the national average. College graduates make up 19.8% of residents. A majority of residents in Downtown Waco are renters, with 84% of residents renting and 16% of residents owning their home. A local real estate agent serving Downtown Waco can help you decide if this neighborhood is the right one for you. Learn more on our Downtown Waco neighborhood guide.
Is Downtown Waco, TX a safe neighborhood?
Downtown Waco, TX is less safe than the average neighborhood in the United States. It received a crime score of 6 out of 10.
How much do you need to make to afford a house in Downtown Waco?
The median home price in Downtown Waco is $389,900. If you put a 20% down payment of $78,000 and had a 30-year fixed mortgage with an interest rate of 6.43%, your estimated principal and interest payment would be $1,960 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $84K a year to afford the median home price in Downtown Waco. Learn how much home you can afford with our Home Affordability Calculator. The average household income in Downtown Waco is $68K.
What are the best public schools in Downtown Waco?
The best public schools that serve Downtown Waco are:
  • University High School has a B Niche grade, a student teacher ratio of 15:1 and an average review score of 4.2.
  • Waco High School has a B- Niche grade, a student teacher ratio of 12:1 and an average review score of 3.6.
  • Bell's Hill Elementary School has a C+ Niche grade, a student teacher ratio of 16:1 and an average review score of 4.5.
What are the best private schools in Downtown Waco?
The best private schools that serve Downtown Waco are:
What are the most popular zip codes in Downtown Waco, Waco, TX?
The most popular zip codes in Downtown Waco, Waco, TX include 76706, 76701, 76707, 76704 and 76710.
What are the most popular neighborhoods near Downtown Waco, Waco, TX?
The most popular neighborhoods near Downtown Waco, Waco, TX are Brook Oaks, Baylor, Sanger-Heights, University and Austin Avenue.
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