Why Live in Richland Hills
Richland Hills in Waco is centrally located, providing easy access to major roads like Valley Mills Drive, Waco Drive, and Highway 6, facilitating quick travel throughout the city. The neighborhood is anchored by shopping centers such as Brazos Place and Waco Centre, offering a variety of dining options like Our Breakfast Place and McAlister’s Deli. Entertainment venues include AMC Galaxy 16 and Richland Mall, which features numerous department stores and a food court. Aldi is conveniently located for grocery needs. Proximity to Ascension Providence Hospital and Meadowlake Medical Center adds to the neighborhood's appeal.
Housing in Richland Hills includes ranch-style homes, shotgun-style structures, and duplexes, mostly from the 1960s, with mature trees lining the streets. The residential layout minimizes through traffic, creating a quieter environment. While primarily car-dependent, some bus stops are available around the malls. The neighborhood is 3 miles from downtown Waco and about 8 miles from Waco Regional Airport.
Recreational activities are plentiful, with Jaycee Park offering baseball fields, a sports court, and a walking trail. Family-friendly venues like Skateworld Waco and Urban Air Trampoline Adventure Park are nearby, along with Cottonwood Creek Golf Course. The Extraco Events Center, within a mile of North Valley Mills Drive, hosts the annual Heart O’ Texas Fair & Rodeo, featuring live music, carnival rides, and rodeo events.
Frequently Asked Questions
Is Richland Hills a good place to live?
Richland Hills is a good place to live. Richland Hills is considered somewhat walkable and somewhat bikeable. Richland Hills has 2 parks for recreational activities. It has a median age of 33. The average household income is $40,000 which is below the national average. College graduates make up 18.1% of residents. A majority of residents in Richland Hills are renters, with 88% of residents renting and 12% of residents owning their home. A
local real estate agent serving Richland Hills can help you decide if this neighborhood is the right one for you. Learn more on our
Richland Hills neighborhood guide.
How much do you need to make to afford a house in Richland Hills?
The median home price in Richland Hills is $260,000. If you put a 20% down payment of $52,000 and had a 30-year fixed mortgage with an interest rate of 6.35%, your estimated principal and interest payment would be $1,290 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $55K a year to afford the median home price in Richland Hills. The average household income in Richland Hills is $40K.
What are the best public schools in Richland Hills?
The best public schools that serve Richland Hills are:
- University High School has a B Niche grade, a student teacher ratio of 15:1 and an average review score of 4.2.
- Tennyson Middle School has a B- Niche grade, a student teacher ratio of 14:1 and an average review score of 3.7.
- Waco High School has a B- Niche grade, a student teacher ratio of 12:1 and an average review score of 3.6.
What are the best private schools in Richland Hills?
The best private schools that serve Richland Hills are:
What are the most popular zip codes in Richland Hills, Waco, TX?
What are the most popular neighborhoods near Richland Hills, Waco, TX?
Are home prices dropping in Richland Hills?
Yes, home prices in Richland Hills are down 10% in the last 12 months.
Home Trends in Richland Hills, TX
On average, homes in Richland Hills, Waco sell after 58 days on the market compared to the national average of 52 days. The median sale price for homes in Richland Hills, Waco over the last 12 months is $251,950, up 3% from the median home sale price over the previous 12 months.
Median Sale Price
$251,950
Median Single Family Sale Price
$254,000
Average Price Per Sq Ft
$134
Number of Homes for Sale
3
Last 12 months Home Sales
8
Median List Price
$260,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
3%