Waco Real Estate Search

Waco Properties between $450,000 and $500,000 for Sale

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Newest Waco Properties between $450,000 and $500,000 for Sale

$489,900
3 Beds 2 Baths 21369298 MLS
Turnkey Farmhouse Retreat or Family Home on 2.5 Acres — China Spring ISD —15 Minutes to Downtown Waco Beautifully remodeled 3-bedroom, 2-bath farmhouse on 2.5 acres, offering the best of both worlds - a fully furnished, income-producing Airbnb STR with solid bookings, or a move-in-ready family retreat in one of Central Texas’s most sought-after school districts. Enjoy an excellent location just 15 minutes from downtown Waco, combining peaceful country living with easy access to city conveniences, dining, and shopping - all within the top-rated China Spring ISD. Inside, a sun-filled open-concept layout welcomes you with vaulted, wood-beamed ceilings, shiplap accents, and a chef’s kitchen featuring quartz countertops, crisp white cabinetry, and stainless steel appliances. The thoughtfully laid-out floor plan includes a beautifully updated primary suite with dual vanities and updated bath. The wood beams are carried throughout each of the secondary bedrooms creating a beautiful space. Outside, the property truly shines — a detached, air-conditioned game room or office with foosball, ping pong, and arcade games offers flexible space for guests, kids, or remote work. Unwind on the screened back porch or covered rocking-chair front porch, gather around the fire pit, or soak in the private hot tub under mature shade trees. Whether you’re seeking a turnkey investment property with proven rental history or a spacious, light-filled family home close to Waco, 1488 McGary Lane delivers on every level. Schedule your private showing today!

1488 Mcgary Rd, Waco

$459,000
4 Beds 3 Baths 21341734 MLS
Introducing a brand-new 2,010 sq ft modern farmhouse customizable for you in the heart of East Waco’s Redevelopment Plan. This thoughtfully designed 4-bedroom, 3-bathroom home will blend timeless style with modern comfort, all just steps from the Downtown Waco Riverwalk, Baylor University, Cameron Park, and the Magnolia Silos. This two-story new build will feature an open-concept layout with large windows that fill the home with natural light. The main living area will showcase warm finishes, and a welcoming modern feel. The kitchen is planned to include custom cabinetry, a spacious island, and stainless steel appliances, creating a functional and stylish gathering space. Upstairs, the home will offer a smart bedroom layout with generous closet space and beautifully finished bathrooms featuring luxury tile and stone accents. Additional planned features include spray foam insulation, energy-efficient windows, central heating and air, and a functional mud and laundry room. A full cedar fence and fresh landscape design will complete the exterior. This property will also have the ability to add an ADU (Accessory Dwelling Unit), offering excellent potential for added income or flexible use. Construction is already underway, giving you the opportunity to personalize select finishes and details. This is a rare opportunity to secure a modern farmhouse in a fast-growing and highly walkable community. Be part of East Waco’s exciting transformation and make this future home your own.

714 Tyler St, Waco

$485,000
3 Beds 2 Baths 21364216 MLS
LOCATION LOCATION LOCATION!!! Welcome to 805 Clay Ave, The Blue Door, located in the heart of downtown Waco! This successful, short-term-rental has been extremely popular with Magnolia tourists & Baylor University fans alike being walkable to all the downtown attractions & a host of Waco favorite restaurants!! This Airbnb SUPERHOST receives raves from guests over the mere steps to All-Things-Magnolia, The Dr Pepper Museum, while enjoying a comfortable stay in the tastefully decorated three bedroom, two bath home that sleeps up to eight guests. A bonus feature that makes this property a GUEST FAVORITE is the proximity to The Backyard Bar Stage & Grill where guests can enjoy popular live performances while comfortably enjoying the inviting outdoor space featuring professionally installed turf, gas firepit, adirondack chairs, & putting green! The home was a complete renovation & redesign by a former owner utiliizing spray foam insullation, dual-pane windows & a tankless water heater for energy efficiency. Refinishng the original hardwood floors, choosing quartz counters, subway tile & vintage tile flooring in baths for a light & bright aestheic throughout the home. This pet-friendly host even offers a pet kennel & outdoor pick up station to ensure fur babies are well-cared for during your visit. All funishings & bookings to convey. There is so much to love about this beloved home, so make an appt to tour this darling property & see why everyone loves staying at The Blue Door.

805 Clay Ave, Waco

$459,900
4 Beds 3 Baths 21326784 MLS
Here’s your chance to own a home on one of Waco’s most coveted streets! Nestled on the prestigious Arroyo Road, this 4-bedroom, 2.5-bathroom home is tucked away at the end of a peaceful cul-de-sac, offering the perfect blend of seclusion and convenience, within a lush natural setting. As you step inside, you're immediately greeted by the breathtaking views that beckon from the large windows, seamlessly blending the surrounding natural beauty with the beautiful character of the interior such as the grand fireplace, intricate moldings, and well-designed built-ins throughout. The main level boasts a large living area, formal dining area and breakfast nook off the kitchen as well as the master suite, two guest bedrooms and a guest bath. The master bedroom includes a bonus area perfect for a nursery, office, or sitting room, as well as an ensuite bathroom with separate sinks, a separate tub and shower, and a large walk-in closet. Upstairs, a delightful surprise awaits. A generously sized fourth bedroom, along with a convenient half bath, offers a private space for guests or family members seeking a bit more seclusion. Adjacent to this bedroom, a spacious bonus room presents endless possibilities, whether it's utilized as a playroom, homeschool area, additional living area or media room, or a combination to fit your needs! All of this is situated on a large half-acre lot which can be enjoyed from the spacious screened in porch with beautiful views of the surrounding vegetation, or the back patio overlooking the fenced in yard complete with a garden area and shed. The home also includes a two-car garage with generous storage space and workshop area. This house is a harmonious blend of natural beauty and comfortable living, making it the perfect refuge for those seeking a tranquil escape in one of Waco’s most sought-after areas!

2621 Arroyo Rd, Waco

$475,000
4 Beds 3 Baths 21277183 MLS
TWO HOMES on 2.7 Fully Fenced Acres, Situated in a peaceful country setting! Can be purchased fully furnished! The main home is a 3 bed, 2 full bath. The guest house is a 1 bed, 1 bath, offering exceptional flexibility, privacy, and income potential. The 2,300 plus sqft main house features an open-concept layout with a spacious living area, complete with a wood burning fireplace and built ins, an open kitchen with abundant cabinetry, center island, oversized pantry, and a formal dining room with large windows overlooking the tree covered backyard. The oversized master bedroom offers a spa like ensuite with soaking tub and separate shower, plus an impressive walk-in closet with built in island and washer and dryer hookups. Two generously sized guest bedrooms and a spacious guest bath complete the main home. The guest house includes a large open kitchen and living area and has been used successfully for short term stays. New HVAC inside and out was installed in May 2023. This space provides excellent flexibility for guests, extended family, home office use, or supplemental income opportunities. Additional features include a 1,200 sq ft workshop, storage shed, automatic gated entry, ample parking, and mature trees offering privacy and room to spread out. With two independent living spaces, this property is well suited for multi-generational living, work from home flexibility, or buyers seeking optional income potential.

1835 Fort Graham Rd, Waco

$499,000
4 Beds 3 Baths 21261006 MLS
Iconic Street - Breathtaking Lot - Blank Canvas. Tucked at the end of a quiet cul-de-sac on one of Mountainview’s most treasured legacy streets, this one-of-a-kind midcentury home offers the rare chance to own a true “forever home” in a neighborhood where turnover is nearly unheard of. Opportunities like this don’t come along often. Those with vision will immediately recognize the potential. Full of character and architectural charm, this quirky gem is ready for its next chapter. With a thoughtful update, it has all the makings of a true showstopper. The flexible floorplan features two spacious living areas anchored by a cozy fireplace, ideal for both everyday living and entertaining. The primary suite is conveniently located downstairs, along with a guest bedroom and full bath. Upstairs, you’ll find fresh new carpet, additional bedrooms, and a charming shared bath, along with a versatile landing space ideal for homework, lounging, or a creative retreat. One of the home’s most special features is the private, oversized balcony off the primary suite—a peaceful escape overlooking the serene, tree-filled surroundings. Step outside to a shaded courtyard designed for relaxation, whether you’re unwinding in a hammock or envisioning your future hot tub oasis. Set on an extraordinary lot with gentle rolling terrain, the property is truly something special. Towering live oak trees—estimated by an arborist to be over 350 years old—stand as living history, dating back to the era of Jamestown. It’s a setting that simply cannot be replicated. Located just minutes from Lake Waco and nestled within the highly sought-after Mountainview area, this home combines location, legacy, and limitless potential. And with incredible storage tucked into nearly every nook and cranny, you’ll have space for everything—and then some. This is more than a home…it’s an opportunity to create something unforgettable.

2425 Wendy Ln, Waco

$500,000
3 Beds 4 Baths 21183942 MLS
Rare opportunity to acquire one — or all three — of these highly successful, income-producing short-term rentals on S. 9th Street. Located within walking distance to Magnolia Market at the Silos and minutes from Baylor University, these properties are proven performers with consistent demand from Baylor families, game-day visitors, and weekend travelers. Fully furnished, thoughtfully designed, and professionally operated, they offer immediate cash flow and streamlined management in one of Waco’s most desirable short-term rental corridors. Known on Airbnb as “Simplicity,” this fully renovated cottage-style home offers the same charm and light-filled design as its sister property — with more space for larger groups. Featuring three spacious bedrooms, each with a private ensuite bath, plus a guest half bath, the layout is ideal for Baylor families, graduation weekends, and group stays. The open-concept floor plan is bright and welcoming with durable luxury vinyl plank flooring throughout. The kitchen includes stainless steel appliances, a prep island for gathering, and tasteful décor that conveys with the sale — making this a true turnkey investment. TWO COMMERCIAL-GRADE WASHER & DRYER UNITS support efficient turnover. A spacious back porch overlooks the large backyard with private parking accessed through a custom electric iron gate. Rainwater collection barrels add a sustainable touch. Whether purchased individually or as part of the portfolio, Simplicity offers location, scale, and proven performance in the heart of Waco’s thriving STR market. **BUNDLE ALL THREE LISTINGS, 706, 708, & 714 S. 9TH FOR $1,200.000! (MLS # 21183608, 21183828, 21183942).

714 S 9th St, Waco

$450,000
4 Beds 3 Baths 21135614 MLS
NOW UNDER CONSTRUCTION AND READY FOR AUGUST 2026 MOVE IN! Was this the worst kept home needing the most work anywhere near Baylor University? Probably! Does this home offer the most upside in a super desirable package surrounded by new construction which will most assuredly push the property value to the moon in the near future? Definitely! --- Right now, it's far from pretty but in the near future, this four bedroom, three bathroom home will be transformed into an impressive home well suited to student living, game days, and get togethers indoors and out! ----- As you can see from the photos, demo has already begun! Noted design firm, The McLeod Company, has a new roof, new windows, all new siding completed with a MASSIVE new, front porch and deck. Inside electrical and plumbing rough in are underway!. ----- Inside, the kitchen and all bathrooms will be gutted. Any repairs to flooring, framing, insulation, or the HVAC will be undertaken. New sheetrock, paint, finishes, cabinetry, fixtures, and appliances will be installed so that this property needs absolutely NOTHING when students move in this fall. ----- For those who act fast, decisions about finish out, amenities, and fixtures can all be decided in collaboration with The McLeod Company; or the property can be bought as is so that you can take 100% of the upside yourself! ----- With a .19 acre lot that's the perfect size for student activities, no HOA, and central campus location surrounded by student, exclusive housing, THIS is the deal of the year. Call or text today to see this fabulous property and seize the opportunity for yourself!

2708 S 2nd St, Waco

$450,000
3 Beds 2 Baths 21135626 MLS
Recently updated with lovely, high-end finish-out, this charming Chimney Hill home offers everything you could wish for and nothing you don't need! ----- Tucked at the top of a cul-de-sac within Waco's premier patio home neighborhood, Chimney Hill, that is revered for it's tree canopied streets, winding, walkable roads, and tranquil, secluded nature, this wonderful retreat expertly pulls double duty as a primary residence or a second home! ----- With updates to the landscaping, flooring, paint, both bathrooms, and kitchen; the typical trade off required to secure a home in this coveted neighborhood with the requisite remodel required post closing is no longer a concern! Across its 2,085 square feet, the home flows superbly, is bathed in natural light, and offers a rare, move-in opportunity! Showcasing a central, open kitchen which has direct sight of the formal dining room (or is it a sitting room, the large living room, and spacious breakfast room; this is the PERFECT balance between an open floorplan and one that keeps some walls intact for furniture and decor placement. ----- At the back of the home, the generous primary suite offers two walk-in closets, patio access, separate vanities, loads of storage, and an enormous, walk-in shower. Across the home, separate by the inviting, central fireplace, the two guest rooms are equally well sized while remaining private in their own right. ----- Outside, the picture perfect patio is itself, bathed in light, but neatly tucked beneath mature trees. Just enough private yard remains for pets of all sizes while the neighborhood's abundant green space offers additional play space! ----- All in all, this special property will appeal to those in the know. With 'downsizing' a more and more popular trend, you'll want to act fast and seize this amazing property before it's too late! Call or text for your exclusive showing today!

3509 Heatherstone Cir, Waco

$500,000
3 Beds 2 Baths 228449 MLS
This picture perfect urban oasis located in the heart of Waco's famed historical neighborhood might just be THE perfect home AS-IS, but most definitely when you collaborate with Waco design firm, The McLeod Company, to comprehensively remodel the home! ~~~ Construction is under way, but there's still time to customize most selections and fixtures! So far, we've installed new windows, all-new Hardie siding, paint, a concrete patio, and completed rough-in! ~~~ Acclaimed for its central location (just 5 minutes to downtown, Lake Waco, Woodway, and Cameron Park and just a few minutes more to Baylor University, MCC, IH-35, Waco Regional Airport, and even TSTC; the Castle Heights area is coveted for its walkable streets, exceptional proximity that ALL Waco has to offer, and charming, characterful, historical homes. ~~~ This home, with a rare, two-car attached garage, dual living areas, peaceful backyard, and light filled interior might look like a million bucks, but it's downright affordable, even in Waco's perpetually strong real estate market! ~~~ Boasting an immensely livable, three-bedroom, two-bathroom 1,891 square foot floorplan, the oversized, picture frame windows, attractive faux fireplace, and handsome, original wood floors all enhance a space which wonderfully strikes a balance between cozy old world and modern eclectic. Some home's just feel right. That feeling of warmth and tranquility is the vibe here. ~~~ While numerous updates have been completed, we're now focused on custom cabinetry, full slab granite, KitchenAid appliances, luxurious bath finishes, and construction of the outdoor space of your dreams! ALL of this can be done with your input and your selections working hand in hand noted design firm The McLeod Company. Just call to find out how! ~~~ Comprehensive, high-end remodels are super rare. Finding one in such a coveted neighborhood is all but impossible. Call TODAY!

3909 Austin Ave, Waco

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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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