Real Estate Investment Properties for Sale in Waco, TX

Looking for investment property in Waco, TX with high ROI ?

Explore a variety of short-term homes & houses in Waco, TX. Invest wisely with VRBO & Waco, TX Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Waco, TX

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
5220 Lake Charles Drive Waco, TX Step into a world of potential with this delightful 1960s era home in popular Lake Air Est...	4 beds \| 3 baths \| 2,215 sq.ft.	$320,000	Airbnb cash on cash: 6.73% Traditional cash on cash: 5.02% Airbnb Rental Income: $4126 Traditional Rental Income: $2734 Airbnb ROI: 6.73% Traditional ROI: 5.02%
221 Lost Oaks Drive Waco, TX Welcome to 221 Lost Oaks! This charming home is full of character and ready for new owners...	4 beds \| 2 baths \| 1,793 sq.ft.	$334,900	Airbnb cash on cash: 6.08% Traditional cash on cash: 4.24% Airbnb Rental Income: $3555 Traditional Rental Income: $2196 Airbnb ROI: 6.08% Traditional ROI: 4.24%
1001 N 57th Street Waco, TX Welcome to this stunning 4-bedroom, 2-bath home located in the heart of Waco! With over 2,...	3 beds \| 2 baths \| 2,341 sq.ft.	$320,000	Airbnb cash on cash: 4.53% Traditional cash on cash: 4.01% Airbnb Rental Income: $3091 Traditional Rental Income: $2229 Airbnb ROI: 4.53% Traditional ROI: 4.01%
220 Hunters Run Waco, TX Amazing custom home in the desirable Hunters Run community! Ideal floor plan with 4 bedro...	4 beds \| 4 baths \| 3,024 sq.ft.	$599,500	Airbnb cash on cash: 2.29% Traditional cash on cash: 2.55% Airbnb Rental Income: $3833 Traditional Rental Income: $3154 Airbnb ROI: 2.29% Traditional ROI: 2.55%
2400 Ethel Avenue Waco, TX Sale includes both 1416 N 24th St (1bd/1ba), and 2400 Ethel Ave (3bd/2ba). Both properties...	4 beds \| N/A baths \| 2,515 sq.ft.	$312,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.57% Airbnb Rental Income: $null Traditional Rental Income: $1820 Airbnb ROI: N/A Traditional ROI: 3.57%
1525 N 6th Street Waco, TX Discover this inviting 3-bedroom, 2-bathroom home featuring tall ceilings that create an o...	3 beds \| 2 baths \| 1,322 sq.ft.	$230,000	Airbnb cash on cash: 9.37% Traditional cash on cash: 5.28% Airbnb Rental Income: $3371 Traditional Rental Income: $1731 Airbnb ROI: 9.37% Traditional ROI: 5.28%
3413 Lasker Avenue Waco, TX Welcome to your dream home! This charming property features 2 bedrooms and 2 bathrooms. In...	2 beds \| 2 baths \| 1,038 sq.ft.	$210,000	Airbnb cash on cash: 4.96% Traditional cash on cash: 3.76% Airbnb Rental Income: $2263 Traditional Rental Income: $1459 Airbnb ROI: 4.96% Traditional ROI: 3.76%
6528 Vista View Drive Waco, TX This charming five bedroom, 2 1/2 bath home located at Sandero Springs neighborhood perfec...	5 beds \| 3 baths \| 2,409 sq.ft.	$319,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.05% Airbnb Rental Income: $null Traditional Rental Income: $2671 Airbnb ROI: N/A Traditional ROI: 5.05%
248 Woodhaven Trail Waco, TX Gorgeous custom home featuring 4 Bedrooms 2 Bathrooms. The elegant entry leads you to a h...	4 beds \| 2 baths \| 2,262 sq.ft.	$432,000	Airbnb cash on cash: 3.97% Traditional cash on cash: 2.43% Airbnb Rental Income: $3833 Traditional Rental Income: $2382 Airbnb ROI: 3.97% Traditional ROI: 2.43%
1707 Windsor Avenue Waco, TX Here is your chance to get an income producing property in Waco. Two units in this duplex...	2 beds \| N/A baths \| 1,262 sq.ft.	$165,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.12% Airbnb Rental Income: $null Traditional Rental Income: $1442 Airbnb ROI: N/A Traditional ROI: 6.12%
1614 River Road Waco, TX Discover a hidden gem in Gholson, Texas, where serene seclusion meets the charm of country...	3 beds \| 3 baths \| 2,289 sq.ft.	$649,900	Airbnb cash on cash: 2.29% Traditional cash on cash: 1.72% Airbnb Rental Income: $3487 Traditional Rental Income: $2373 Airbnb ROI: 2.29% Traditional ROI: 1.72%
2621 Reuter Avenue Waco, TX Nestled in the heart of Waco, this delightful 2-bedroom, 2-bathroom residence encapsulates...	2 beds \| 2 baths \| 1,096 sq.ft.	$180,000	Airbnb cash on cash: 4.21% Traditional cash on cash: 4.37% Airbnb Rental Income: $1944 Traditional Rental Income: $1458 Airbnb ROI: 4.21% Traditional ROI: 4.37%
4007 Austin Avenue Waco, TX Welcome to 4007 Austin Ave, a charming 4-bedroom, 2-bathroom home boasting over 2,300 squa...	4 beds \| 2 baths \| 2,322 sq.ft.	$384,900	Airbnb cash on cash: 4.29% Traditional cash on cash: 3.14% Airbnb Rental Income: $3503 Traditional Rental Income: $2316 Airbnb ROI: 4.29% Traditional ROI: 3.14%
3153 Lippizan Street Waco, TX $2,500 Closing Cost Contributions! Welcome Home! This spacious 4 bedroom features an ope...	4 beds \| 2 baths \| 1,915 sq.ft.	$309,700	Airbnb cash on cash: 7.45% Traditional cash on cash: 4.52% Airbnb Rental Income: $3833 Traditional Rental Income: $2150 Airbnb ROI: 7.45% Traditional ROI: 4.52%
2700 Pine Avenue Waco, TX Welcome to your dream home! This beautifully renovated 3-bedroom, 3-bathroom property offe...	3 beds \| 3 baths \| 1,682 sq.ft.	$279,000	Airbnb cash on cash: 5.47% Traditional cash on cash: 4.95% Airbnb Rental Income: $2821 Traditional Rental Income: $2025 Airbnb ROI: 5.47% Traditional ROI: 4.95%
9509 Teresa Circle Waco, TX This Saturday OPEN HOUSE 11am - 1PM - May 11th Huge Home 2600 Plus square feet, Extra li...	4 beds \| 2 baths \| 2,671 sq.ft.	$395,000	Airbnb cash on cash: 8.14% Traditional cash on cash: 3.92% Airbnb Rental Income: $4662 Traditional Rental Income: $2132 Airbnb ROI: 8.14% Traditional ROI: 3.92%
3816 Parrott Avenue Waco, TX Welcome to 3816 Parrott Avenue, a DELIGHTFUL 3-bedroom, 2-bathroom home that blends modern...	3 beds \| 2 baths \| 1,468 sq.ft.	$255,000	Airbnb cash on cash: 6.98% Traditional cash on cash: 4.99% Airbnb Rental Income: $3091 Traditional Rental Income: $1908 Airbnb ROI: 6.98% Traditional ROI: 4.99%
2907 Maple Hill Circle Waco, TX Nestled at the end of a peaceful cul-de-sac, this stunning home offers the perfect blend o...	3 beds \| 2 baths \| 2,107 sq.ft.	$435,000	Airbnb cash on cash: 4.47% Traditional cash on cash: 3.33% Airbnb Rental Income: $3491 Traditional Rental Income: $2255 Airbnb ROI: 4.47% Traditional ROI: 3.33%
9428 Cold Springs Drive Waco, TX Welcome to 9428 Cold Springs Dr! Located in the sought-after China Spring ISD, this lovely...	3 beds \| 3 baths \| 2,229 sq.ft.	$360,000	Airbnb cash on cash: 3.5% Traditional cash on cash: 4.55% Airbnb Rental Income: $2844 Traditional Rental Income: $2537 Airbnb ROI: 3.5% Traditional ROI: 4.55%
2923 Live Oak Avenue Waco, TX Step into the timeless charm of this adorable home, where classic style meets modern updat...	2 beds \| 2 baths \| 1,591 sq.ft.	$259,900	Airbnb cash on cash: 2.63% Traditional cash on cash: 4.29% Airbnb Rental Income: $1944 Traditional Rental Income: $1836 Airbnb ROI: 2.63% Traditional ROI: 4.29%
6424 Serena Lane Waco, TX **Feast your eyes on this stunning 2-story OWNER FINANCE gem, just a hop, skip, and a jump...	4 beds \| 3 baths \| 1,947 sq.ft.	$350,000	Airbnb cash on cash: 6.61% Traditional cash on cash: 3.54% Airbnb Rental Income: $4126 Traditional Rental Income: $2238 Airbnb ROI: 6.61% Traditional ROI: 3.54%
1421 S 12th Street #116 Waco, TX Located just steps from Baylor University, this 2-bedroom, 2.5-bathroom condo offers the i...	2 beds \| 3 baths \| 1,280 sq.ft.	$169,900	Airbnb cash on cash: 8.74% Traditional cash on cash: 5.4% Airbnb Rental Income: $2824 Traditional Rental Income: $1625 Airbnb ROI: 8.74% Traditional ROI: 5.4%
3400 Cumberland Avenue Waco, TX Welcome home! This cute 3 bedroom, 1 bathroom home has it all. Sitting on a large corner l...	3 beds \| 1 baths \| 1,176 sq.ft.	$189,000	Airbnb cash on cash: 9.89% Traditional cash on cash: 4.58% Airbnb Rental Income: $3091 Traditional Rental Income: $1434 Airbnb ROI: 9.89% Traditional ROI: 4.58%
10604 Sierra West Drive Waco, TX This charming 4-bedroom, 2-bath home offers a perfect blend of comfort and convenience. Ne...	4 beds \| 2 baths \| 1,709 sq.ft.	$312,000	Airbnb cash on cash: 6.96% Traditional cash on cash: 4% Airbnb Rental Income: $3833 Traditional Rental Income: $2137 Airbnb ROI: 6.96% Traditional ROI: 4%
3809 Kimberly Drive Waco, TX Live the simple & good life in this lovely, well-maintained 2 BR condo located in gated co...	2 beds \| 1 baths \| 990 sq.ft.	$169,000	Airbnb cash on cash: 6.33% Traditional cash on cash: 3.37% Airbnb Rental Income: $2263 Traditional Rental Income: $1219 Airbnb ROI: 6.33% Traditional ROI: 3.37%
4901 Ridgeview Drive Waco, TX Neoclassical elegance, modern conveniences and sprawling space! This over one acre propert...	4 beds \| 7 baths \| 6,693 sq.ft.	$1,299,000	Airbnb cash on cash: -0.59% Traditional cash on cash: 1.98% Airbnb Rental Income: $3665 Traditional Rental Income: $5971 Airbnb ROI: -0.59% Traditional ROI: 1.98%
2901 Lake Shore Drive Waco, TX Itâs all about views! Lake Views that is! Welcome to your chance to own a beautiful well...	2 beds \| 2 baths \| 1,178 sq.ft.	$199,900	Airbnb cash on cash: 3.02% Traditional cash on cash: 2.61% Airbnb Rental Income: $2178 Traditional Rental Income: $1548 Airbnb ROI: 3.02% Traditional ROI: 2.61%
3317 Brannon Drive Waco, TX Welcome to this spacious 3 bedroom 2.5 bathroom condo nestled in a neighborhood near the l...	3 beds \| 3 baths \| 1,996 sq.ft.	$269,900	Airbnb cash on cash: 3.82% Traditional cash on cash: 4.45% Airbnb Rental Income: $2837 Traditional Rental Income: $2334 Airbnb ROI: 3.82% Traditional ROI: 4.45%
4924 Cobbs Drive #1C Waco, TX Welcome to Unit 1C â a rarely available gem! This beautiful, ground-floor condo offers t...	2 beds \| 2 baths \| 1,124 sq.ft.	$170,000	Airbnb cash on cash: 0.41% Traditional cash on cash: -0.09% Airbnb Rental Income: $2124 Traditional Rental Income: $1500 Airbnb ROI: 0.41% Traditional ROI: -0.09%
1416 Lawrence Drive Waco, TX Charming, Cute and conveniently located! This home offers 3 bedrooms, 2 baths and 2 living...	3 beds \| 2 baths \| 1,468 sq.ft.	$215,000	Airbnb cash on cash: 8.68% Traditional cash on cash: 5.66% Airbnb Rental Income: $3091 Traditional Rental Income: $1773 Airbnb ROI: 8.68% Traditional ROI: 5.66%
202 Eagle Point Court Waco, TX 202 Eagle Point Court is one of the more gracious homes you'll find at this price point. F...	3 beds \| 2 baths \| 1,620 sq.ft.	$249,000	Airbnb cash on cash: 8.14% Traditional cash on cash: 4.93% Airbnb Rental Income: $3487 Traditional Rental Income: $1961 Airbnb ROI: 8.14% Traditional ROI: 4.93%
1308 N 34th Street Waco, TX Welcome to this beautiful 2-bedroom, 2-bathroom home offering 1,801 sqft of comfortable li...	2 beds \| 2 baths \| 1,801 sq.ft.	$220,000	Airbnb cash on cash: 6.58% Traditional cash on cash: 6.48% Airbnb Rental Income: $2637 Traditional Rental Income: $1989 Airbnb ROI: 6.58% Traditional ROI: 6.48%
1120 Houston Street Waco, TX Welcome to this delightful 3-bedroom, 2-bathroom home, built in 2020 and thoughtfully desi...	3 beds \| 2 baths \| 1,100 sq.ft.	$230,000	Airbnb cash on cash: 9.5% Traditional cash on cash: 4.56% Airbnb Rental Income: $3487 Traditional Rental Income: $1642 Airbnb ROI: 9.5% Traditional ROI: 4.56%
2815 N 43rd Street Waco, TX Charming 3-Bedroom, 2-Bathroom Home with Custom Features in Mountainview Elementary. We...	3 beds \| 2 baths \| 2,185 sq.ft.	$399,000	Airbnb cash on cash: 3.01% Traditional cash on cash: 3.01% Airbnb Rental Income: $2837 Traditional Rental Income: $2178 Airbnb ROI: 3.01% Traditional ROI: 3.01%
1312 S 30th Street Waco, TX Check out this multi-family property on S. 30th Street. Close proximity to S. Valley Mills...	4 beds \| N/A baths \| 1,630 sq.ft.	$245,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.46% Airbnb Rental Income: $null Traditional Rental Income: $1771 Airbnb ROI: N/A Traditional ROI: 5.46%
3421 N 24th Street Waco, TX This 2/1 has great potential for maximizing rental income. Property is currently occupied ...	2 beds \| 1 baths \| 1,630 sq.ft.	$203,000	Airbnb cash on cash: 4.83% Traditional cash on cash: 5.41% Airbnb Rental Income: $1944 Traditional Rental Income: $1543 Airbnb ROI: 4.83% Traditional ROI: 5.41%
1310 Speight Avenue #2 Waco, TX Don't miss out on this fantastic opportunity! Whether you're a Baylor parent seeking the i...	2 beds \| 3 baths \| 1,152 sq.ft.	$198,000	Airbnb cash on cash: 7.1% Traditional cash on cash: 3.78% Airbnb Rental Income: $2824 Traditional Rental Income: $1540 Airbnb ROI: 7.1% Traditional ROI: 3.78%
4100 Kendall Lane Waco, TX OPEN HOUSE Sat & Sun Sept 7 & 8, 2-4pm. COMFORTABLE 3 bedroom, 2 bath house on a 0.4 acre ...	3 beds \| 2 baths \| 1,645 sq.ft.	$235,000	Airbnb cash on cash: 6.43% Traditional cash on cash: 5.43% Airbnb Rental Income: $2969 Traditional Rental Income: $2063 Airbnb ROI: 6.43% Traditional ROI: 5.43%
4220 Harlan Avenue Waco, TX Nicely perched in the Brookview Neighborhood of Waco, TX resides a 1950's hidden gem that ...	3 beds \| 2 baths \| 1,759 sq.ft.	$269,900	Airbnb cash on cash: 7.76% Traditional cash on cash: 5.15% Airbnb Rental Income: $3489 Traditional Rental Income: $2055 Airbnb ROI: 7.76% Traditional ROI: 5.15%
1421 S 12th Street #106 Waco, TX Ideal for students or professionals, this stylish 2-bedroom, 2-bathroom apartment is locat...	2 beds \| 2 baths \| 832 sq.ft.	$160,000	Airbnb cash on cash: 10% Traditional cash on cash: 4.29% Airbnb Rental Income: $2824 Traditional Rental Income: $1291 Airbnb ROI: 10% Traditional ROI: 4.29%

Real Estate investment in Waco, TX

There are 449 properties for sale in the city of Waco . The median list price in Waco is $260,000 and the average price per square foot is $147. In December 2024, the average monthly cash on cash return in Waco is 5.00%. The average monthly rental income in Waco is $1,980.

Waco, TX Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 449 investment properties available for sale in Waco.

In 2024, the best neighborhood to buy investment property is East Riverside.

The ROI for Short-Term is higher than the Long-Term in Waco with average rental income of $3,487.

Your search for investment property begins and ends here

Investment Property for Sale in Waco, TX

5220 Lake Charles Drive

Waco, TX

4 beds | 3 baths | 2,215 sq.ft.

$320,000

Airbnb cash on cash: 6.73%

Traditional cash on cash: 5.02%

Airbnb Rental Income: $4126

Traditional Rental Income: $2734

Airbnb ROI: 6.73%

Traditional ROI: 5.02%

221 Lost Oaks Drive

Waco, TX

4 beds | 2 baths | 1,793 sq.ft.

$334,900

Airbnb cash on cash: 6.08%

Traditional cash on cash: 4.24%

Airbnb Rental Income: $3555

Traditional Rental Income: $2196

Airbnb ROI: 6.08%

Traditional ROI: 4.24%

1001 N 57th Street

Waco, TX

3 beds | 2 baths | 2,341 sq.ft.

$320,000

Airbnb cash on cash: 4.53%

Traditional cash on cash: 4.01%

Airbnb Rental Income: $3091

Traditional Rental Income: $2229

Airbnb ROI: 4.53%

Traditional ROI: 4.01%

220 Hunters Run

Waco, TX

4 beds | 4 baths | 3,024 sq.ft.

$599,500

Airbnb cash on cash: 2.29%

Traditional cash on cash: 2.55%

Airbnb Rental Income: $3833

Traditional Rental Income: $3154

Airbnb ROI: 2.29%

Traditional ROI: 2.55%

2400 Ethel Avenue

Waco, TX

4 beds | N/A baths | 2,515 sq.ft.

$312,000

Airbnb cash on cash: N/A

Traditional cash on cash: 3.57%

Airbnb Rental Income: $null

Traditional Rental Income: $1820

Airbnb ROI: N/A

Traditional ROI: 3.57%

1525 N 6th Street

Waco, TX

3 beds | 2 baths | 1,322 sq.ft.

$230,000

Airbnb cash on cash: 9.37%

Traditional cash on cash: 5.28%

Airbnb Rental Income: $3371

Traditional Rental Income: $1731

Airbnb ROI: 9.37%

Traditional ROI: 5.28%

3413 Lasker Avenue

Waco, TX

2 beds | 2 baths | 1,038 sq.ft.

$210,000

Airbnb cash on cash: 4.96%

Traditional cash on cash: 3.76%

Airbnb Rental Income: $2263

Traditional Rental Income: $1459

Airbnb ROI: 4.96%

Traditional ROI: 3.76%

6528 Vista View Drive

Waco, TX

5 beds | 3 baths | 2,409 sq.ft.

$319,000

Airbnb cash on cash: N/A

Traditional cash on cash: 5.05%

Airbnb Rental Income: $null

Traditional Rental Income: $2671

Airbnb ROI: N/A