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$420,000
6 Beds ⋅ 4 Baths ⋅ 21376633 MLS
Each side of the duplex has 3 bedrooms, 2 baths, privacy fenced in back yard, and a 2 car garage attached. It is a great investment property. The duplex is located in the highly sought after Robinson ISD school district. Unit 137 is leased from 12-1-2025 to 11-30-2026 at $1495 per month. Unit 139 is leased from 3-1-2026 to 2-28-2027 at $1495 per month.

137 Deana Dr Unit 139, Waco
$949,000
6 Beds ⋅ 7 Baths ⋅ 21376227 MLS
BAYLOR PARENTS AND INVESTORS! This brand new 6 bedroom, 6.5 bathroom house will break ground this summer with a Summer 2027 completion date! This house was designed for BU students with each bedroom having its own bathroom, walk-in closet, and parking spot located behind the house. Don't miss out on this opportunity to put this property under contract today and close once it's completed. Certain finish out selections may be picked out by the buyer.

1418 Speight Ave, Waco
$1,500,000
6 Beds ⋅ 6 Baths ⋅ 21375164 MLS
Exceptional space, character and versatility define this 5,762 sq ft home situated on 2.756 wooded acres in Waco. With 6 bedrooms and 5.5 baths, the expansive floor plan provides an impressive amount of room for living, entertaining, working and storage. The home features a formal living room, family room, den, formal and informal dining areas and two dedicated offices. One office is lined with beautiful floor-to-ceiling bookcases, creating an ideal library or executive workspace. The spacious family room is highlighted by a grand stone fireplace that creates a dramatic focal point. The large kitchen features abundant cabinetry, an island, informal dining space, electric appliances and three ovens, providing exceptional capacity for entertaining and large gatherings. An oversized laundry room adds valuable workspace and storage. Upstairs, the expansive primary suite incorporates two separate bedroom spaces, an ensuite bath with separate tub and shower and dual vanities. Six closets serve the primary suite, including a dedicated shoe closet. Three additional bedrooms feature private ensuite baths, providing excellent accommodations for family and guests. Additional storage is found throughout the home, including three dedicated storage rooms. Three HVAC systems are less than five years old, and new roofs were installed in 2026 on both the main residence and historic cabin. Also located on the property is the historic Hoyle Cabin, relocated to the site in 1955, adding a distinctive piece of Texas history to this exceptional Waco property.

421 Rice Ave, Waco
$349,000
6 Beds ⋅ 4 Baths ⋅ 21363373 MLS
This prime investment opportunity in the highly desirable Midway ISD features an updated duplex designed for maximum appeal. Each side boasts a spacious, open-concept living and dining area flowing off the kitchen, highlighted by fresh paint and brand-new flooring throughout. The thoughtful layout offers a private primary suite on the main level, with two additional bedrooms and a full bath upstairs. Outdoors, tenants can enjoy a fully fenced backyard with a covered patio, perfect for relaxing or entertaining, along with a two-car carport and dedicated storage closet for each unit. Currently 1300 is vacant, but has many applications. Purchase now and choose tenant or live in one side, rent the other. These coveted properties rent fast for steady cash flow at $2900 per month total.

1300 Chapel Creek Rd Unit 1302, Waco
$382,000
6 Beds ⋅ 6 Baths ⋅ 21365379 MLS
Brand-new construction duplex in the heart of growing Waco — a turnkey opportunity to build wealth through income-producing real estate or live in one side while the other pays your mortgage. Each unit offers 3 bedrooms, 2.5 baths, and a bright open-concept living,kitchen,dining space with bedrooms upstairs for privacy. Fresh from the ground up with new foundation, roof, HVAC, electrical, plumbing, LVP flooring, and modern finishes throughout — meaning low maintenance and years of worry-free ownership. Separately metered units make tenant billing simple. Ideally located just minutes from Baylor University, downtown Waco, and I-35. Quality new-construction duplexes in this area move fast — book your private showing today.

1919 Burnett Ave Unit A&B, Waco
$382,000
6 Beds ⋅ 6 Baths ⋅ 21365267 MLS
Brand-new construction duplex in the fast-growing North Waco corridor — a rare turnkey chance to own income-producing real estate or offset your mortgage by living in one side and renting the other. Each unit features three bedrooms, two and half baths, an open-concept living,kitchen,dining space, and bedrooms up for added privacy. Everything is new from the ground up: foundation, roof, HVAC, electrical, plumbing, LVP flooring, and modern finishes throughout — translating to low maintenance and lasting peace of mind. Both sides separately metered for effortless tenant billing. Just minutes from Baylor University, downtown Waco, and I-35. New-construction duplexes in this pocket rarely come available

909 N 14th St Unit A&B, Waco
$569,000
8 Beds ⋅ 4 Baths ⋅ 21360543 MLS
Parent or Investor Buyers!!! Located just minutes from Baylor University, this Baylor Bubble duplex offers two spacious 4-bedroom, 2-bathroom units, ideal for student housing or investment. Each unit features an open living area, full kitchen, washer and dryer connections, and ample gated parking. Strong rental demand and proximity to campus, restaurants, and downtown Waco make this property a turnkey opportunity for steady income and long-term value. Both units currently leased $1,800 each through July 20th, of 2027.

1425 James Ave, Waco
$799,900
8 Beds ⋅ 4 Baths ⋅ 21349239 MLS
Investment Opportunity in the Baylor Bubble! Positioned in the highly desirable Baylor Bubble with convenient access to Baylor University and just minutes from downtown Waco, this well-appointed duplex offers an excellent opportunity for investors, student housing, or those seeking a property with strong income-generating potential. Each unit features 4 bedrooms and 2 bathrooms, providing a total of 8 bedrooms and 4 bathrooms across the property. Inside, each unit offers a spacious, open-concept layout designed for comfortable living and entertaining, complemented by vaulted ceilings that create an airy, inviting atmosphere. The kitchens are equipped with all appliances and feature a functional island with additional storage, making meal preparation and gathering effortless. Step outside to enjoy the private fenced backyard, complete with a patio, fire pit, and outdoor table and chairs—an inviting space for relaxing, entertaining, or enjoying evenings outdoors. A paved driveway provides 8 parking spaces, adding valuable convenience for residents and guests. With its proximity to Baylor University, downtown Waco, local restaurants, shopping, and entertainment, this duplex offers a prime location for tenants looking to enjoy all that the area has to offer. Whether you're expanding your investment portfolio or looking for a property with versatile income potential, this duplex combines desirable amenities, ample bedroom count, and a sought-after location.

1309 Wood Ave, Waco
$875,000
9 Beds ⋅ 6 Baths ⋅ 21350650 MLS
Caroline Place is an exceptional investment opportunity, whether you're looking to expand your real estate portfolio or purchase housing for Baylor University parents, students, or faculty. Located at 1708 S. 9th Street, Waco, TX 76706, this well-maintained triplex sits in the highly desirable Baylor University Bubble, just minutes from campus. Its premier location offers consistent rental demand and excellent long-term investment potential. The property features three spacious units, each offering 3 bedrooms and 2 full bathrooms, for a total of 9 bedrooms and 6 bathrooms. Every unit has been thoughtfully updated with modern finishes and move-in-ready appeal while maintaining comfortable, functional floor plans with generous living and dining spaces. Residents enjoy convenient access to Downtown Waco, Magnolia Market at the Silos, shopping, dining, coffee shops, and many of the area's most popular attractions. The property's unbeatable location continues to attract tenants seeking proximity to Baylor University and the vibrant Waco community. Whether you're searching for a turnkey, income-producing asset or housing in one of Waco's most sought-after neighborhoods, Caroline Place offers updated interiors, an outstanding location, and strong rental potential—all in one exceptional investment.

1708 S 9th St Unit A B C, Waco
$360,000
6 Beds ⋅ 4 Baths ⋅ 21340842 MLS
Welcome to Hawthorne Homestead—a thoughtfully renovated collection of four private residences offering a fresh perspective on multifamily living in Waco. Affectionately named by the sellers for its potential as an investment opportunity with the concept and vision of community living – Renovated Quadplex Near Downtown Waco! Don't miss this exceptional opportunity to own a beautifully renovated 4-unit multifamily property in one of Waco's most desirable investment locations. Situated just 12 minutes from Magnolia Market at the Silos and Downtown Waco and only 13 minutes from Baylor University. The property features 4 units with a total of 6 bedrooms and 4 bathrooms, including: Two 2-bedroom, 1-bath units; Two 1-bedroom, 1-bath units. Each unit has been thoughtfully updated, appliances included and low-maintenance living for both owners and tenants. The backyard features a large lot space, perfect for community living. Create an environment your tenants would want to enjoy long term. Whether you're looking to expand your investment portfolio or live in one unit while generating rental income from the others, this quadplex offers outstanding flexibility and income potential. With its convenient location near Waco's top attractions, shopping, dining, and major employers, this is an investment opportunity you won't want to miss. Being sold as-is, financing preference cash or conventional. Schedule your private showing today!

2601-2603 Summer Ave, Waco
$500,000
8 Beds ⋅ 8 Baths ⋅ 21315190 MLS
Discover an exceptional investment or versatile living arrangement in this distinctive duplex, located near Baylor University. Each of the two units boasts four bedrooms and four baths, offering abundant space and enhanced privacy. This property is ideal for multi-generational families, rental income, or a live-in-one, rent-out-the-other scenario. Its prime location places it just moments from Baylor University, making it an attractive option for students, faculty, or anyone desiring close proximity to a vibrant campus environment. The immediate neighborhood offers accessibility and local charm, ensuring a balanced and desirable lifestyle. This offering represents significant potential and comfort in a highly sought-after area.

1907 S 17th St, Waco
$289,900
6 Beds ⋅ 4 Baths ⋅ 21306739 MLS
Amazing opportunity for investors, or someone who wants to have passive income while living in one unit and renting out the other! Almost new duplex on a quiet Waco street includes two identical units each with three bedrooms, two baths and modern amenities throughout. Energy-efficient features and appliances that are difficult to find in other properties in the area. Efficient floorplan with a large living area and open kitchen. Earn additional income or let someone else pay a portion of your house payment - take a look today!

3206 N 20th A St, Waco
$420,000
6 Beds ⋅ 4 Baths ⋅ 21279746 MLS
Rare 6-bedroom, 4-bathroom single-story home in the heart of the Baylor Bubble, just minutes from Baylor University campus. With 2,205 square feet of well-maintained living space, 221 Gurley Lane is an exceptional opportunity whether you're looking for a place to call home or a high-demand investment property in one of Waco's most sought-after neighborhoods. The open-concept living and kitchen area greets you at the front entrance, featuring all new appliances and tile flooring throughout the main living spaces. Generously sized bedrooms with laminate flooring offer comfortable, private space for everyone under the roof. Brand new exterior doors add to the clean, move-in ready feel throughout. What truly sets this property apart is its outdoor space — a genuine rarity in the Baylor Bubble. The fully fenced backyard sits on an 8,337 square foot lot, offering the kind of private outdoor living that most properties in this area simply can't deliver. A perfect space for entertaining, relaxing, or letting the dog run. The big-ticket items have already been taken care of — new HVAC, new hot water heater, and a 4-year-old roof mean you can move in or hand over the keys to tenants with confidence and minimal near-term capital outlay. Single-story brick construction rounds out a home that has been genuinely well cared for and is ready for its next chapter.

221 Gurley, Waco
$389,900
6 Beds ⋅ 4 Baths ⋅ 21275412 MLS
Welcome to this newer brick and stone income-producing duplex, thoughtfully designed for durability, efficiency, and long-term investment potential. Each side offers 1,282 sq. ft. of well-designed living space featuring 3 bedrooms and 2 bathrooms with modern finishes throughout. The open-concept layout showcases stained concrete flooring and recessed lighting, creating a sleek and low-maintenance living environment. The kitchen features granite countertops, custom cabinetry, and plenty of space for cooking and entertaining. The primary bathroom also includes granite countertops along with a convenient tub shower combo. Each unit comes with its own private covered patio, perfect for relaxing outdoors. Outside, you'll find ample parking for up to 6 vehicles along with convenient alley access for added functionality and accessibility. The property is currently leased through the end of the year, making this a turnkey investment opportunity with immediate rental income. Whether you're looking to expand your investment portfolio or secure a well-maintained income-producing property, this newer construction duplex is an excellent opportunity.

1617 Cumberland Ave, Waco
$1,090,000
6 Beds ⋅ 6 Baths ⋅ 21267049 MLS
Location, Location, Location. Come check out this beautifully and significantly remodeled and updated 6 bed, 6 bath in the inner bubble, walking distance of just over one block to campus. Three bedrooms with private baths upstairs and the same downstairs, both levels have their very own kitchen, dining and laundry. Lots of parking and beautiful grounds. This property was designed for the superior college life experience. Currently leased and pre-leased for the 26-27 school year. Future lease is $5,250 starting in August and runs through July of 2027.

1500 S 10th St, Waco
$465,000
6 Beds ⋅ 8 Baths ⋅ 21223021 MLS
Excellent investment opportunity just minutes from Baylor University. This well-maintained duplex offers two spacious units, each featuring 3 bedrooms and 3.5 bathrooms with functional layouts ideal for tenants or owner-occupants. Unit A has been updated with laminate wood flooring throughout, granite countertops, and all appliances conveying, making it completely move-in ready. Unit B also features laminate wood flooring with carpet in select bedrooms, Granite counters, providing a comfortable and versatile living space. Both units offer generous living areas, open kitchen layouts, and upstairs bedrooms for privacy. Property is currently at 100 percent occupancy, making this a true turnkey income-producing asset. Community pool included in HOA. HOA covers cable internet, lawn care. Major update includes a new roof installed in 2025, adding long-term value and peace of mind for the next owner. Located in a highly desirable area near Baylor, shopping, and dining, this duplex is a rare find with strong rental potential and consistent demand.

309 Gurley Ln Unit 2, Waco
$1,399,000
6 Beds ⋅ 8 Baths ⋅ 21192983 MLS
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 sets this property apart is its coveted O-2 zoning in the Silo District with no restrictions on short-term rental use — a rare and highly desirable designation that protects and enhances its long-term investment value. The homes are active, professionally operated, top-performing STRs with proven income history, offering investors immediate cash flow and seamless operational continuity from day one. Blocks from the Silos and moments from downtown Waco and Cameron Park, the location delivers the walkability and convenience today’s guests demand. The property consists of two spacious brownstone-style retreats designed for both comfort and an elevated guest experience. This peaceful getaway features expansive living, kitchen, and dining spaces ideal for hosting and gathering. The homes each comfortably accommodate 7 people — or guests can reserve both properties for larger groups. Additional amenities include: • Downstairs primary suites with luxurious spa-style bathrooms • En suite bathrooms for every bedroom • Fully stocked kitchens designed for extended stays • Washers and dryers • Thoughtfully curated furnishings and décor Turnkey, income-producing, and strategically located in one of Waco’s most dynamic growth corridors, The Armstrong and Fitzgerald represent a premier investment opportunity in a thriving short-term rental market.

602-606 S 8th St, Waco
$545,000
11 Beds ⋅ 6 Baths ⋅ 21191915 MLS
Incredible Turnkey Investment Portfolio – 2 Duplexes Across Waco! Exceptional opportunity to acquire a fully leased portfolio of 3 income-producing duplexes strategically located throughout Waco. Each property features separately metered units with primarily 1–2 bedroom, 1 bath floorplans, many of which have been updated and well maintained. This portfolio offers immediate, diversified cash flow with proven rental history and dependable tenants already in place. Combining strong income performance with long-term appreciation potential, this is a rare chance to secure a scalable investment footprint in one of Central Texas’s most dynamic and growing markets. An ideal opportunity for investors seeking stability, expansion, or a turnkey entry into Waco’s thriving rental market. Included properties 3412 Brook Circle – MLS #21090849 3000 Ethel Ave – MLS #21090839 Properties are available as a complete package or individually.

3000 Ethel Ave, Waco
$7,390,000
6 Beds ⋅ 11 Baths ⋅ 21152918 MLS
Welcome to 5305 Hillcrest Drive, a sprawling 5.7-acre property with expansive views of Lake Waco. Poised to begin an exciting new chapter, this home is slated as an upcoming project on Magnolia Network’s Fixer Upper. Led by Chip and Joanna Gaines, this home will be thoughtfully reimagined to reveal a timeless, more neutral-leaning palette for a future owner. Featuring a light-filled, two-story foyer with floating staircase and ornate iron balusters, parquet flooring, stately columns, formal living spaces, a den, private study, billiard room, dedicated gym with steam shower, media room, butler’s pantry, wet bar, wine cellar, and more—this home offers a unique opportunity to enjoy a one-of-a-kind, personal retreat. A privately-situated, ground-floor primary suite offers two bathrooms, multiple closets, and its own courtyard access. A guest suite features a bedroom, bathroom, living area, kitchenette, and private entrance. Outside, several covered porches, an outdoor kitchen, infinity-edge pool, and pond make it easy to take in the serenity of nature. Four garage bays and a motor court offer generous parking options. As part of the Fixer Upper renovations, the home’s architectural details, such as intricate trim, moldings, and millwork will be preserved and elevated in order for their craftsmanship to shine. The kitchen will be reconfigured as the central heart of the space, inviting gathering and entertaining while bringing ease to everyday life. Additional design refinements throughout the home will set an elegant, renewed vision for all that Hawkesdene Estate will become.

5305 Hillcrest Dr, Waco
$424,000
6 Beds ⋅ 4 Baths ⋅ 21180407 MLS
Looking for your next cash flowing investment or house hack with low maintenance and no short term cap x? This newly built duplex boasts 3 bedrooms and 2 bathrooms per side. It has modern LED lighting throughout, stained concrete flooring, electric appliances and systems, and tiled showers all designed to reduce maintenance. Conveniently located in Waco for a strong rental base. Schedule a walk through and come see why this duplex is a step above the rest!

1510 N 7th St, Waco
$4,250,000
25 Beds ⋅ 20 Baths ⋅ 21091942 MLS
Discover a premier multifamily investment opportunity in one of Central Texas’ most desirable submarkets. Built in 2018, Century Court Duplexes features 20 modern units spread across 10 duplex buildings situated on 2.27 acres in the heart of Hewitt, within the Midway ISD—one of Waco’s most sought-after school districts. Each unit offers open-concept living, in-unit washer-dryer hookups, covered parking, and contemporary finishes designed to attract quality long-term tenants. The property’s mix of (10) 2-bedroom-2-bath and (10) 3-bedroom-2-bath units provides strong rent diversity and appeal to both small families and professionals. Positioned directly across from Hewitt Elementary School and minutes from Highway 84 and Hewitt Drive, the property offers tenants convenient access to local retail, employment centers, and major transportation corridors. With stable in-place income and minimal deferred maintenance, Century Court Duplexes represents a turnkey investment opportunity with reliable cash flow in a high-demand Central Texas rental market. Full financials are available with a signed NDA.

2300-2338 Century Dr, Waco
$965,000
8 Beds ⋅ 6 Baths ⋅ 21083095 MLS
BU Dreamhouse – The Ultimate Baylor Investment Property Welcome to the BU Dreamhouse, a rare find in the heart of the coveted Baylor Bubble! Originally designed as a duplex, this spacious property now lives as a single-family residence, offering unmatched flexibility and convenience for Baylor students. With 8 bedrooms, 4 full bathrooms, and 2 half bathrooms, this home easily accommodates large groups, making it the perfect setup for student living. Each side of the house mirrors the other, featuring its own living area, kitchen, dining space, laundry room, and half bath downstairs—ideal for both privacy and community under one roof. Upstairs, four bedrooms and two bathrooms on each side create plenty of space for everyone. The charm continues outdoors with a screened-in porch stretching across the back of the home, perfect for relaxing or studying in comfort. The privacy-fenced backyard offers even more appeal, complete with a cozy fire pit for evenings with friends. Thoughtful updates and stylish touches throughout the home blend comfort with modern flair, from the natural light-filled dining areas to the inviting bedrooms that feel warm and homey. This property is more than just a house—it’s a lifestyle investment. Parents will love the opportunity to secure a safe, spacious, and desirable home for their Baylor students, while also benefiting from strong rental potential in one of Waco’s most sought-after locations.

1915 S 7th St, Waco

Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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