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University Multifamily Homes & Duplexes for Sale

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  • /40

    $1,069,000

    • 12 Beds
    • 12 Baths
    • 6,516 Sq Ft

    1904 S 18th St, Waco, TX 76706

    Two duplexes located on the same property. Each unit has 3 BR, 3 ensuite bathrooms, full kitchens, central heat & air. The units are suited for student housing, currently being used as short term and mid term rentals. There is parking available in the front and rear of the units.

    Pam Whitworth Heart of Texas Realty

    1904 S 18th St, Waco, TX 76706
  • /2

    $327,000

    • 1,854 Sq Ft

    2524 Flint Ave, Waco, TX 76706

    Attention Investors! This 100% occupied, 2-bedroom, 1-bathroom duplex is the perfect addition to your rental portfolio. Designed for efficiency and ease of management, this property minimizes maintenance while maximizing returns. The smart layout makes turnovers and make-ready's quick and cost-effective. Built with OSB sheathing and spray foam insulation in the attic, this duplex offers enhanced

    Jessica Hurst Greater Waco Realty, LLC

    2524 Flint Ave, Waco, TX 76706

Why Live in University

The University neighborhood in Waco, located just a mile southwest of downtown and Baylor University, offers a blend of affordability and convenience. Despite its name, it lies outside the main student area known as the Baylor bubble. The neighborhood features narrow residential streets with mostly 1950s starter homes, some recently remodeled for added curb appeal, while others await renovation. Lot sizes are typically under a quarter acre, with fenced yards and tree growth providing privacy. Sidewalks vary in condition, with some overgrown or missing. The area is known for its budget-friendly home prices, with fixer-uppers and vacant lots ranging from $50,000 to $100,000, and average two- to three-bedroom homes priced between $150,000 and $300,000. Local dining options include George’s Restaurant, famous for its “Big O” beer goblet, and Magnolia Table, a popular breakfast and lunch spot by Chip and Joanna Gaines. Dos Mundos Spud Shack offers unique baked potato dishes, and groceries can be found at H-E-B on South Valley Mills Drive. For recreation, the South Waco Recreation Center provides programs for all ages, including after-school care, fitness classes, and seasonal events. Bell’s Hill Park features a walking trail, picnic areas, and an outdoor gym. Residents can enjoy the Brazos Nights concert series in early summer and other downtown festivities. The neighborhood is well-connected, with Interstate 35 providing quick access to downtown and Baylor University. Waco Transit System buses serve the area, and Waco Regional Airport is 7 miles away. Sacred Heart Catholic Church offers regular services and daily confession.

Home Trends in University, TX

Housing Trends

Median Sale Price
$209,500
Median Single Family Sale Price
$201,900
Average Price Per Sq Ft
$157
Number of Homes for Sale
13
Last 12 months Home Sales
22
Months of Supply
7.10
Median List Price
$217,450
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
2%
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