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
118 N Bermuda Street Waco, TX Great investment property with tenants in place on a month to month lease. Rent currently ...	3 beds \| 1 baths \| 1,380 sq.ft.	$139,000	Airbnb cash on cash: 3.35% Traditional cash on cash: 6.03% Airbnb Rental Income: $1251 Traditional Rental Income: $1211 Airbnb ROI: 3.35% Traditional ROI: 6.03%
120 N Bermuda Street Waco, TX This property offers a solid investment opportunity. Solid bones and plenty of potential, ...	1 beds \| 1 baths \| 696 sq.ft.	$79,000	Airbnb cash on cash: 9.93% Traditional cash on cash: 7.95% Airbnb Rental Income: $1525 Traditional Rental Income: $928 Airbnb ROI: 9.93% Traditional ROI: 7.95%
5404 Black Horse Ct Waco, TX Located close to a quiet cul-de-sac in a desirable Waco neighborhood of Copper Springs, th...	4 beds \| 2 baths \| 2,113 sq.ft.	$412,000	Airbnb cash on cash: -1.69% Traditional cash on cash: 2.16% Airbnb Rental Income: $1084 Traditional Rental Income: $2203 Airbnb ROI: -1.69% Traditional ROI: 2.16%
117 Lost Oaks Drive Waco, TX Tucked beneath mature trees near the Brazos River, 117 Lost Oaks Drive offers a polished 2...	4 beds \| 3 baths \| 2,314 sq.ft.	$464,900	Airbnb cash on cash: -1.8% Traditional cash on cash: 2.57% Airbnb Rental Income: $854 Traditional Rental Income: $2421 Airbnb ROI: -1.8% Traditional ROI: 2.57%
10248 Peony Lane Waco, TX 10248 Peony Lane offers a well-designed, single-level floor plan with 3 bedrooms plus a co...	4 beds \| 2 baths \| 1,886 sq.ft.	$300,000	Airbnb cash on cash: -0.53% Traditional cash on cash: 3.29% Airbnb Rental Income: $1084 Traditional Rental Income: $1793 Airbnb ROI: -0.53% Traditional ROI: 3.29%
1206 Ashleman Street Waco, TX Welcome to 1206 Ashleman St-a charming, move-in-ready 3-bedroom, 2-bath home with 1,348 sq...	3 beds \| 2 baths \| 1,348 sq.ft.	$222,000	Airbnb cash on cash: 0.94% Traditional cash on cash: 4.7% Airbnb Rental Income: $1251 Traditional Rental Income: $1643 Airbnb ROI: 0.94% Traditional ROI: 4.7%
2409 Mitchell Avenue Waco, TX Welcome home to this beautifully updated 3-bedroom, 2-bath residence nestled beneath a mat...	3 beds \| 2 baths \| 1,044 sq.ft.	$215,000	Airbnb cash on cash: 9.87% Traditional cash on cash: 4.05% Airbnb Rental Income: $3452 Traditional Rental Income: $1503 Airbnb ROI: 9.87% Traditional ROI: 4.05%
3113 North 27th Street Waco, TX Discover a fully renovated property designed for low-maintenance ownership. This two-bedro...	2 beds \| 1 baths \| N/A	$169,900	Airbnb cash on cash: 9.69% Traditional cash on cash: 4.45% Airbnb Rental Income: $2805 Traditional Rental Income: $1300 Airbnb ROI: 9.69% Traditional ROI: 4.45%
2212 Clay Avenue Waco, TX Minutes from Baylor + Remodeled 4BR Home with 10-Ft Ceilings + Workshop Baylor parents, in...	3 beds \| 2 baths \| 1,316 sq.ft.	$259,900	Airbnb cash on cash: 0.44% Traditional cash on cash: 3.79% Airbnb Rental Income: $1183 Traditional Rental Income: $1617 Airbnb ROI: 0.44% Traditional ROI: 3.79%
314 S Rita Street Waco, TX This charming home offers space, comfort, and a great layout in an established Waco neighb...	3 beds \| 2 baths \| 1,406 sq.ft.	$215,000	Airbnb cash on cash: 0.88% Traditional cash on cash: 4.73% Airbnb Rental Income: $1251 Traditional Rental Income: $1637 Airbnb ROI: 0.88% Traditional ROI: 4.73%
107 Silver Fox Waco, TX Charming Fully Updated 3-Bedroom Home in the Heart of Waco! Welcome to this beautifully re...	3 beds \| 2 baths \| 1,487 sq.ft.	$248,000	Airbnb cash on cash: 0.57% Traditional cash on cash: 5.9% Airbnb Rental Income: $1251 Traditional Rental Income: $2101 Airbnb ROI: 0.57% Traditional ROI: 5.9%
1700 Proctor Avenue Waco, TX Welcome to Your Dream Home! Step into this beautiful newly built 4-bedroom, 3.5-bath home ...	4 beds \| 4 baths \| 2,038 sq.ft.	$265,000	Airbnb cash on cash: 7.28% Traditional cash on cash: 6.63% Airbnb Rental Income: $3311 Traditional Rental Income: $2406 Airbnb ROI: 7.28% Traditional ROI: 6.63%
3804 Belmont Drive Waco, TX Unfinished Home on Large Corner Lot in Waco Great opportunity for investors! This unfinish...	3 beds \| 2 baths \| 1,424 sq.ft.	$155,000	Airbnb cash on cash: 0.42% Traditional cash on cash: 8.12% Airbnb Rental Income: $1001 Traditional Rental Income: $1786 Airbnb ROI: 0.42% Traditional ROI: 8.12%
4617 Anlo Street Waco, TX This beautifully renovated home combines modern comfort with timeless charm, located in a ...	3 beds \| 2 baths \| 1,622 sq.ft.	$256,000	Airbnb cash on cash: 0.78% Traditional cash on cash: 5.09% Airbnb Rental Income: $1233 Traditional Rental Income: $1881 Airbnb ROI: 0.78% Traditional ROI: 5.09%
936 Duty Avenue Waco, TX Completely Renovated & Move-In Ready! This 4-bedroom, 1.5-bath home at 936 Duty Ave, Waco,...	3 beds \| 2 baths \| 1,173 sq.ft.	$215,000	Airbnb cash on cash: 0.98% Traditional cash on cash: 5.41% Airbnb Rental Income: $1228 Traditional Rental Income: $1737 Airbnb ROI: 0.98% Traditional ROI: 5.41%
2801 North 42nd Street Waco, TX Are you looking for every day living that feels like a retreat? Welcome to 2801 N 42nd Str...	4 beds \| 3 baths \| 2,602 sq.ft.	$453,900	Airbnb cash on cash: -0.84% Traditional cash on cash: 3.96% Airbnb Rental Income: $1070 Traditional Rental Income: $2741 Airbnb ROI: -0.84% Traditional ROI: 3.96%
2125 Gurley Avenue Waco, TX Discover a promising investment opportunity in the heart of Waco, TX! This 4-bedroom, 2-ba...	4 beds \| 2 baths \| 1,656 sq.ft.	$145,000	Airbnb cash on cash: 2.83% Traditional cash on cash: 9.51% Airbnb Rental Income: $1370 Traditional Rental Income: $1881 Airbnb ROI: 2.83% Traditional ROI: 9.51%
1101 E Walnut Street Waco, TX Holy custom home, Batman... but make it Baylor. This 1,176 sq ft property is designed for ...	1 beds \| 2 baths \| 1,176 sq.ft.	$300,000	Airbnb cash on cash: 4.57% Traditional cash on cash: 3.69% Airbnb Rental Income: $2476 Traditional Rental Income: $1625 Airbnb ROI: 4.57% Traditional ROI: 3.69%
3601 Willow Bend Circle Waco, TX Exceptional and well-equipped residence situated in the desirable Chimney Hill Community, ...	3 beds \| 3 baths \| 2,023 sq.ft.	$349,900	Airbnb cash on cash: -2.01% Traditional cash on cash: 2.94% Airbnb Rental Income: $961 Traditional Rental Income: $2238 Airbnb ROI: -2.01% Traditional ROI: 2.94%
4205 Fort Avenue Waco, TX INVESTOR SPECIAL! Welcome to this 3- bed, 2- bath home offering incredible potential and e...	3 beds \| 2 baths \| 1,280 sq.ft.	$165,000	Airbnb cash on cash: 1.51% Traditional cash on cash: 6.89% Airbnb Rental Income: $1233 Traditional Rental Income: $1685 Airbnb ROI: 1.51% Traditional ROI: 6.89%
108 Overture Court Waco, TX Prime investment opportunity in the heart of the Baylor Bubble! This 5 bed, 4 bath propert...	5 beds \| 4 baths \| 2,124 sq.ft.	$425,000	Airbnb cash on cash: 0.61% Traditional cash on cash: 3.19% Airbnb Rental Income: $2057 Traditional Rental Income: $2553 Airbnb ROI: 0.61% Traditional ROI: 3.19%
1029 N 45th Street Waco, TX Step into this completely transformed home - where every detail feels fresh and modern! Bo...	5 beds \| 3 baths \| 2,626 sq.ft.	$364,999	Airbnb cash on cash: 0.07% Traditional cash on cash: 5.08% Airbnb Rental Income: $1632 Traditional Rental Income: $2888 Airbnb ROI: 0.07% Traditional ROI: 5.08%
4613 Westchester Drive Waco, TX Charming 4-Bedroom, 2.5-Bath Home in North Wacoâs desirable Windmill Hill Community. Sit...	4 beds \| 3 baths \| 2,563 sq.ft.	$375,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 4.22% Airbnb Rental Income: $1070 Traditional Rental Income: $2500 Airbnb ROI: -0.88% Traditional ROI: 4.22%
820 N 34th Street Waco, TX Whether you're purchasing your first home or looking to simplify, this charming 2 bedroom,...	2 beds \| 1 baths \| 1,048 sq.ft.	$184,000	Airbnb cash on cash: 0.77% Traditional cash on cash: 4.28% Airbnb Rental Income: $1031 Traditional Rental Income: $1284 Airbnb ROI: 0.77% Traditional ROI: 4.28%
219 S 4th Street unit: 608 Waco, TX Rare opportunity to own a piece of historic Waco. This exceptional two bedroom, three full...	2 beds \| 3 baths \| 1,870 sq.ft.	$915,000	Airbnb cash on cash: -1.09% Traditional cash on cash: 0.98% Airbnb Rental Income: $1180 Traditional Rental Income: $2557 Airbnb ROI: -1.09% Traditional ROI: 0.98%
2131 Mountainview Drive Waco, TX House + SHOP! NO HOA. Welcome to 2131 Mountainview in Waco, perfectly positioned directly ...	3 beds \| 2 baths \| 1,442 sq.ft.	$239,000	Airbnb cash on cash: -1.41% Traditional cash on cash: 2.13% Airbnb Rental Income: $966 Traditional Rental Income: $1416 Airbnb ROI: -1.41% Traditional ROI: 2.13%
7200 Guadalupe Road Waco, TX Assumable FHA Loan at 5.25% Interest Rate. Welcome to 7200 Guadalupe Dr, China Spring, TX ...	4 beds \| 2 baths \| 1,612 sq.ft.	$278,000	Airbnb cash on cash: -3.08% Traditional cash on cash: 1.59% Airbnb Rental Income: $1084 Traditional Rental Income: $1938 Airbnb ROI: -3.08% Traditional ROI: 1.59%
215 Lajuana Drive Waco, TX Tucked away on a quiet street just outside of Waco in the highly desirable Chalk Bluff are...	4 beds \| 2 baths \| 2,473 sq.ft.	$415,000	Airbnb cash on cash: -1.1% Traditional cash on cash: 2.47% Airbnb Rental Income: $854 Traditional Rental Income: $1911 Airbnb ROI: -1.1% Traditional ROI: 2.47%
1401 Rambler Drive Waco, TX Completely remodeled and taken down to the studs, this stunning 4-bedroom, 3-bath home off...	4 beds \| 2 baths \| 1,995 sq.ft.	$389,900	Airbnb cash on cash: 7.26% Traditional cash on cash: 2.06% Airbnb Rental Income: $4662 Traditional Rental Income: $1793 Airbnb ROI: 7.26% Traditional ROI: 2.06%
4924 Cobbs Drive #9C Waco, TX Welcome to Unit 9C at Lake Air Tower- a rare 9th-floor corner condo offering breathtaking ...	2 beds \| 2 baths \| 1,538 sq.ft.	$315,000	Airbnb cash on cash: -1.69% Traditional cash on cash: 1.83% Airbnb Rental Income: $849 Traditional Rental Income: $1564 Airbnb ROI: -1.69% Traditional ROI: 1.83%
931 North 12th Street Waco, TX Welcome to 931 N 12th Streetâan early American bungalow full of personality, thoughtfull...	3 beds \| 3 baths \| 1,540 sq.ft.	$250,000	Airbnb cash on cash: 7.34% Traditional cash on cash: 6.96% Airbnb Rental Income: $3203 Traditional Rental Income: $2392 Airbnb ROI: 7.34% Traditional ROI: 6.96%
4221 Sanger Avenue Waco, TX Furnished MTR \| STR Eligible \| Turnkey Investor-owned in Waco generating ~ stabilized annu...	3 beds \| 2 baths \| 1,652 sq.ft.	$299,900	Airbnb cash on cash: 0.08% Traditional cash on cash: 0.69% Airbnb Rental Income: $1233 Traditional Rental Income: $1012 Airbnb ROI: 0.08% Traditional ROI: 0.69%
2213 Autumn Wood Drive Waco, TX Description: Discover quiet cul-de-sac living just minutes from Baylor, shopping, and Waco...	3 beds \| 2 baths \| 1,308 sq.ft.	$254,900	Airbnb cash on cash: -0.01% Traditional cash on cash: 4.53% Airbnb Rental Income: $1001 Traditional Rental Income: $1739 Airbnb ROI: -0.01% Traditional ROI: 4.53%
2600 Riders Way Waco, TX This well-designed 3 bedroom, 2-bathroom home offers a comfortable split floor plan with c...	3 beds \| 2 baths \| 1,563 sq.ft.	$314,000	Airbnb cash on cash: -0.31% Traditional cash on cash: 4.47% Airbnb Rental Income: $1292 Traditional Rental Income: $2300 Airbnb ROI: -0.31% Traditional ROI: 4.47%
1324 N 60th Street Waco, TX Welcome to 1324 N 60th Street, a solid 3-bedroom, 2-bath home full of potential and ready ...	3 beds \| 2 baths \| 1,436 sq.ft.	$250,000	Airbnb cash on cash: 6.18% Traditional cash on cash: 2.54% Airbnb Rental Income: $2916 Traditional Rental Income: $1380 Airbnb ROI: 6.18% Traditional ROI: 2.54%

Real Estate investment in Waco, TX

There are 37 properties for sale in the city of Waco . The median list price in Waco is $235,000 and the average price per square foot is $127. In March 2026, the average monthly cash on cash return in Waco is 3.00%. The average monthly rental income in Waco is $1,883.

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

There are 37 investment properties available for sale in Waco.

In 2026, the best neighborhood to buy investment property is North Waco.

The ROI for Short-Term is higher than the Long-Term in Waco with average rental income of $1,296.

Your search for investment property begins and ends here

Investment Property for Sale in Waco, TX

118 N Bermuda Street

Waco, TX

3 beds | 1 baths | 1,380 sq.ft.

$139,000

Airbnb cash on cash: 3.35%

Traditional cash on cash: 6.03%

Airbnb Rental Income: $1251

Traditional Rental Income: $1211

Airbnb ROI: 3.35%

Traditional ROI: 6.03%

120 N Bermuda Street

Waco, TX

1 beds | 1 baths | 696 sq.ft.

$79,000

Airbnb cash on cash: 9.93%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $1525

Traditional Rental Income: $928

Airbnb ROI: 9.93%

Traditional ROI: 7.95%

5404 Black Horse Ct

Waco, TX

4 beds | 2 baths | 2,113 sq.ft.

$412,000

Airbnb cash on cash: -1.69%

Traditional cash on cash: 2.16%

Airbnb Rental Income: $1084

Traditional Rental Income: $2203

Airbnb ROI: -1.69%

Traditional ROI: 2.16%

117 Lost Oaks Drive

Waco, TX

4 beds | 3 baths | 2,314 sq.ft.

$464,900

Airbnb cash on cash: -1.8%

Traditional cash on cash: 2.57%

Airbnb Rental Income: $854

Traditional Rental Income: $2421

Airbnb ROI: -1.8%

Traditional ROI: 2.57%

10248 Peony Lane

Waco, TX

4 beds | 2 baths | 1,886 sq.ft.

$300,000

Airbnb cash on cash: -0.53%

Traditional cash on cash: 3.29%

Airbnb Rental Income: $1084

Traditional Rental Income: $1793

Airbnb ROI: -0.53%

Traditional ROI: 3.29%

1206 Ashleman Street

Waco, TX

3 beds | 2 baths | 1,348 sq.ft.

$222,000

Airbnb cash on cash: 0.94%

Traditional cash on cash: 4.7%

Airbnb Rental Income: $1251

Traditional Rental Income: $1643

Airbnb ROI: 0.94%

Traditional ROI: 4.7%

2409 Mitchell Avenue

Waco, TX

3 beds | 2 baths | 1,044 sq.ft.

$215,000

Airbnb cash on cash: 9.87%

Traditional cash on cash: 4.05%

Airbnb Rental Income: $3452

Traditional Rental Income: $1503

Airbnb ROI: 9.87%

Traditional ROI: 4.05%

3113 North 27th Street

Waco, TX

2 beds | 1 baths | N/A

$169,900

Airbnb cash on cash: 9.69%

Traditional cash on cash: 4.45%

Airbnb Rental Income: $2805

Traditional Rental Income: $1300

Airbnb ROI: 9.69%