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    Waco, TX Residential Income Properties for Sale

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    Updated Triplex with 9 Bedrooms
    Updated: Aug 5
    Updated Triplex with 9 Bedrooms

    1708 S 9th Street, Waco, TX 76706

    $875,000
    4,399 sqft 0.21 AC lot
    Three units, each with 3 bedrooms and 2 full bathrooms
    4,399 square feet on 0.2066 acres
    Updated interiors with granite countertops and open floor plans
    Built in 2000 with brick construction and a composition roof
    Central heating and cooling with zoned heating and multiple cooling units
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    Two-Home Short-Term Rental Property
    Updated: Apr 30
    Two-Home Short-Term Rental Property

    602-606 S 8th Street, Waco, TX 76706

    $1,399,000
    4,264 sqft 0.36 AC lot
    Two brownstone‑style residences totaling 4,264 square feet
    Built in 2022 on a 0.356‑acre parcel
    O‑2 zoning in the Silo District with no stated short‑term rental restrictions
    Each home accommodates 7 people; both can be reserved together
    602‑606 S 8th Street, within walking distance of Magnolia Market at the Silos
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    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    2601 - 2603 Summer Avenue, Waco, TX 76708

    $360,000
    2,876 sqft 0.19 AC lot

    Updated multifamily property with varied unit layouts, included appliances, and public water and sewer service.

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    See what stands out in McLennan County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Updated Triplex Near Baylor University
    Updated Triplex Near Baylor University

    1708 S 9th Street Unit A B C, Waco, TX 76706

    $875,000
    4,399 sqft

    Three updated residences offer functional layouts near Baylor University and Downtown Waco.

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    Duplex Apartment Building With 20 Units
    Duplex Apartment Building With 20 Units

    2300-2338 Century Drive, Waco, TX 76712

    $4,250,000
    21,950 sqft 2.28 AC lot

    Built in 2018, 20-unit duplex apartment complex with covered parking and in-unit washer-dryer hookups.

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    Furnished Short-Term Rental Property
    Furnished Short-Term Rental Property

    632 S 7th Street, Waco, TX 76706

    $1,250,000
    0.40 AC lot

    Fully furnished lodging space with central systems, public utilities, and reservations already scheduled.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Eight-Bedroom Duplex-Style Property
    Eight-Bedroom Duplex-Style Property

    1915 S 7th Street, Waco, TX 76706

    $965,000
    0.19 AC lot

    Flexible residence with mirrored living spaces, private outdoor areas, and room for large household or student groups.

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    5-Unit Townhome Portfolio
    5-Unit Townhome Portfolio

    10,12,14,16 20 Addi Lane 10,12,14,16,20, Waco, TX 76705

    $950,000
    6,036 sqft

    Occupied multifamily asset with varied unit sizes, tenant-paid utilities, and a mix of long-term and month-to-month leases.

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    5-Unit Townhome Multifamily Property
    5-Unit Townhome Multifamily Property

    10,12,14,16 20 Addi Lane, Waco, TX 76705

    $950,000
    0.65 AC lot

    Occupied townhome units offer varied floor plans, tenant-paid utilities, and roofing completed in July 2025.

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    Duplex with Gated Parking
    Duplex with Gated Parking

    1425 James Avenue, Waco, TX 76706

    $569,000
    0.19 AC lot

    Located minutes from Baylor University, each residence includes a full kitchen and washer and dryer connections.

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    5-Unit Townhome Apartment Building
    5-Unit Townhome Apartment Building

    10,12,14,16 20 Addi Ln, Waco, TX 76705

    $950,000
    6,036 sqft

    Occupied units with tenant-paid utilities and recently replaced roofing support straightforward operations.

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    Modern Triplex with Off-Street Parking
    Modern Triplex with Off-Street Parking

    700 Hines Avenue, Waco, TX 76706

    $525,000
    0.16 AC lot

    Three separate residences combine contemporary finishes, private outdoor areas, and practical parking in a compact multifamily property.

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    Two-Unit Duplex with Private Yards
    Two-Unit Duplex with Private Yards

    1309 Wood Avenue, Waco, TX 76706

    $799,900
    0.19 AC lot

    Two four-bedroom residences with open layouts, updated kitchen conveniences, and dedicated outdoor areas.

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    Modern Duplex Rental Community
    Modern Duplex Rental Community

    2300-2338 Century Dr, Waco, TX 76712

    $4,250,000
    21,950 sqft 2.27 AC lot

    Built in 2018 offering open-concept units with in-unit washer-dryer hookups and covered parking across ten duplex buildings.

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    Furnished Short-Term Rental Home
    Furnished Short-Term Rental Home

    3508 N 23rd Street, Waco, TX 76708

    $235,000
    0.19 AC lot

    Operating furnished rental with flexible living space, private primary bath, fenced outdoor area, and detached garage.

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    New-Construction Duplex
    New-Construction Duplex

    1919 Burnett Avenue, Waco, TX 76707

    $382,000
    0.19 AC lot

    Two separately metered residences feature open living areas and contemporary interior finishes.

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    Updated Eight-Bedroom Duplex
    Updated Eight-Bedroom Duplex

    1903 S 11th St, Waco, TX 76706

    $1,250,000
    3,518 sqft

    Baylor-area duplex offers walkable access to class, ample parking, and short-term rental opportunity.

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    New Construction Duplex
    New Construction Duplex

    909 N 14th Street, Waco, TX 76707

    $382,000
    0.17 AC lot

    Two separately metered residences offer modern finishes, open living areas, and bedrooms positioned upstairs.

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    Two-Bedroom Residential Income Property
    Two-Bedroom Residential Income Property

    2905 Lake Shore Drive, Waco, TX 76708

    $184,000
    1,178 sqft

    Condo with updated flooring, fireplace, open kitchen, and HOA-covered exterior and community services.

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    Duplex with Covered Patios
    Duplex with Covered Patios

    1617 Cumberland Avenue, Waco, TX 76708

    $389,900
    0.28 AC lot

    Newer brick duplex with open layouts, granite finishes, private outdoor space, and alley access.

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    New-Construction Duplex
    New-Construction Duplex

    909 N 14th St Unit A & B, Waco, TX 76707

    $382,000
    2,710 sqft

    Two separately metered units support owner occupancy, rental use, and straightforward tenant billing.

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    Brick Duplex With Fully Fenced Yards
    Brick Duplex With Fully Fenced Yards

    5309 Tennyson Drive, Waco, TX 76710

    $287,500
    0.23 AC lot

    Single-story duplex with two-bedroom, one-bath units, front-entry carports, and fully fenced backyards.

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    Two-Unit Duplex with Garages
    Two-Unit Duplex with Garages

    137 Deana Dr Unit 139, Waco, TX 76706

    $420,000
    2,802 sqft

    Built in 2006, the property offers fenced outdoor space and attached garages for both residences.

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    Renovated Four-Unit Quadplex
    Renovated Four-Unit Quadplex

    2601-2603 Summer Avenue, Waco, TX 76708

    $360,000
    0.19 AC lot

    Updated multifamily property with varied unit layouts, appliances, and on-site parking.

    View details

    Waco, TX Residential Income Properties Market Trends and Statistics

    Explore 94 residential income properties for sale in Waco, TX, showcased through 94 active listings on our real estate platform. These investment opportunities span a total of 316,405 square feet of properties for sale, with an estimated market value of $48,200,999.

    Sale prices for residential income properties in Waco, TX start at $96,500, averaging $567,070, and reaching up to $4,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Multifamily properties 95
    Duplexes 65
    Apartment buildings 13
    Short term rental properties 7
    Quadplexes 6

    Demographics Overview

    Population 190K
    Population Growth (5Y) +9.1%
    Median Household Income $56,965
    College Educated 22.7%

    High-Yield Neighborhoods for Investment

    Identify Waco submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    Waco - 76701 $480.6K
    Woodway - 76712 $1.5M

    Taxes & Financing

    Tax Rate (average for all types) 1.91%
    Property Tax per SF $32.66 per SF
    Tax Rate vs County Average 0.03 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in McLennan County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in McLennan County

    Office

    Residential Income

    Property Size Breakdown

    The majority of commercial real estate listings in Waco fall within the 100,000+ square foot range.

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    Most Searched ZIP Codes in Waco, TX

    • 76706
    • 76707
    • 76708
    • 76710
    • 76712
    • 76705
    • 76701
    • 76704
    • 76711

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