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
On average, homes in University, Waco sell after 96 days on the market compared to the national average of 52 days. The median sale price for homes in University, Waco over the last 12 months is $209,500, up 2% from the median home sale price over the previous 12 months.
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
Median List Price
$217,450
Median Change From 1st List Price
7%
Median Home Sale Price YoY Change
2%