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
912 Queen Elizabeth Drive Waco, TX Welcome to 912 Queen Elizabeth, where space, function, and thoughtful design come together...	3 beds \| 3 baths \| 2,062 sq.ft.	$399,000	Airbnb cash on cash: -0.69% Traditional cash on cash: 2.86% Airbnb Rental Income: $1292 Traditional Rental Income: $2217 Airbnb ROI: -0.69% Traditional ROI: 2.86%
219 S 4th Street #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.	$875,000	Airbnb cash on cash: -1.91% Traditional cash on cash: -0.93% Airbnb Rental Income: $1180 Traditional Rental Income: $1593 Airbnb ROI: -1.91% Traditional ROI: -0.93%
516 Harlem Avenue Waco, TX 516 Harlem Avenue in Waco is a refreshed 2-bedroom, 1-bath bungalow that blends simple com...	2 beds \| 1 baths \| 774 sq.ft.	$110,900	Airbnb cash on cash: 2.56% Traditional cash on cash: 5.47% Airbnb Rental Income: $1013 Traditional Rental Income: $968 Airbnb ROI: 2.56% Traditional ROI: 5.47%
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: -0.34% Traditional cash on cash: 3.69% Airbnb Rental Income: $812 Traditional Rental Income: $1625 Airbnb ROI: -0.34% Traditional ROI: 3.69%
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: 1.73% Traditional cash on cash: 6.03% Airbnb Rental Income: $992 Traditional Rental Income: $1211 Airbnb ROI: 1.73% 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: 6.59% Traditional cash on cash: 7.95% Airbnb Rental Income: $1213 Traditional Rental Income: $928 Airbnb ROI: 6.59% Traditional ROI: 7.95%
117 Lost Oaks Drive Waco, TX Exceptional 2022-built residence offering 4 bedrooms and 3 full baths across 2,314 square ...	4 beds \| 3 baths \| 2,314 sq.ft.	$464,900	Airbnb cash on cash: -0.94% Traditional cash on cash: 2.57% Airbnb Rental Income: $1301 Traditional Rental Income: $2421 Airbnb ROI: -0.94% Traditional ROI: 2.57%
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: -0.08% Traditional cash on cash: 4.7% Airbnb Rental Income: $992 Traditional Rental Income: $1643 Airbnb ROI: -0.08% Traditional ROI: 4.7%
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.	$307,500	Airbnb cash on cash: -0.42% Traditional cash on cash: 3.04% Airbnb Rental Income: $992 Traditional Rental Income: $1637 Airbnb ROI: -0.42% Traditional ROI: 3.04%
4124 Riata Ranch Road Waco, TX Beautiful 4-bedroom, 2-bathroom modern farmhouse in Waco's Southfork community. Perfect op...	4 beds \| 2 baths \| 1,660 sq.ft.	$268,000	Airbnb cash on cash: -0.63% Traditional cash on cash: 4.55% Airbnb Rental Income: $1261 Traditional Rental Income: $2173 Airbnb ROI: -0.63% Traditional ROI: 4.55%
2816 South 3rd Street Waco, TX 2816 S Third St. in Waco has all the charm of a farmhouse with the convenience of being ju...	3 beds \| 1 baths \| 888 sq.ft.	$217,000	Airbnb cash on cash: -0.15% Traditional cash on cash: 3.7% Airbnb Rental Income: $822 Traditional Rental Income: $1287 Airbnb ROI: -0.15% Traditional ROI: 3.7%
1608 Sunset Road Waco, TX Sellers are motivated!! Tucked away on a dead-end road in Robinson, just minutes from Waco...	4 beds \| 3 baths \| 2,942 sq.ft.	$489,900	Airbnb cash on cash: -1% Traditional cash on cash: 3.69% Airbnb Rental Income: $1204 Traditional Rental Income: $2963 Airbnb ROI: -1% Traditional ROI: 3.69%
2212 Clay Avenue Waco, TX Minutes from Baylor + Remodeled 4BR Home with 10-Ft Ceilings + Workshop Buyer incentive av...	3 beds \| 2 baths \| 1,316 sq.ft.	$254,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 3.88% Airbnb Rental Income: $1183 Traditional Rental Income: $1617 Airbnb ROI: 0.47% Traditional ROI: 3.88%
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.	$395,000	Airbnb cash on cash: -1.55% Traditional cash on cash: 3.5% Airbnb Rental Income: $1043 Traditional Rental Income: $2553 Airbnb ROI: -1.55% Traditional ROI: 3.5%
931 North 12th Street Waco, TX Welcome to 931 N 12th Streetâan early American bungalow full of personality, thoughtfull...	4 beds \| 3 baths \| 1,540 sq.ft.	$235,000	Airbnb cash on cash: 9.34% Traditional cash on cash: 6.09% Airbnb Rental Income: $3569 Traditional Rental Income: $2064 Airbnb ROI: 9.34% Traditional ROI: 6.09%
925 N 16th Street Waco, TX Investor Special!!Located in a rapidly revitalizing pocket of Waco, 925 N 16th St is a tru...	3 beds \| 1 baths \| 1,507 sq.ft.	$100,000	Airbnb cash on cash: 5.6% Traditional cash on cash: 11.11% Airbnb Rental Income: $1406 Traditional Rental Income: $1519 Airbnb ROI: 5.6% Traditional ROI: 11.11%
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.	$285,000	Airbnb cash on cash: -0.51% Traditional cash on cash: 4.91% Airbnb Rental Income: $1084 Traditional Rental Income: $2170 Airbnb ROI: -0.51% Traditional ROI: 4.91%
10828 Aurora Dr Waco, TX Step into this spacious 4-bedroom, 2.5-bath home offering 2,772 square feet of thoughtfull...	4 beds \| 3 baths \| 2,772 sq.ft.	$364,900	Airbnb cash on cash: -1.74% Traditional cash on cash: 3.58% Airbnb Rental Income: $1084 Traditional Rental Income: $2537 Airbnb ROI: -1.74% Traditional ROI: 3.58%
3201 Edward Drive Waco, TX Located within the heart of the highly sought-after Cameron Park area, this beautifully up...	4 beds \| 4 baths \| 3,525 sq.ft.	$995,000	Airbnb cash on cash: -1.66% Traditional cash on cash: 1.45% Airbnb Rental Income: $1052 Traditional Rental Income: $3567 Airbnb ROI: -1.66% Traditional ROI: 1.45%
2924 Windsor Avenue Waco, TX This beautiful home located at the heart of Waco Tx in the Dean Highland Neighborhood and ...	4 beds \| 3 baths \| 3,173 sq.ft.	$395,000	Airbnb cash on cash: -0.66% Traditional cash on cash: 5.34% Airbnb Rental Income: $1052 Traditional Rental Income: $2911 Airbnb ROI: -0.66% Traditional ROI: 5.34%
2032 Sabine Drive Waco, TX Super immaculately kept home. One owner since the build was complete in 2009. Great for fi...	3 beds \| 2 baths \| 1,294 sq.ft.	$250,000	Airbnb cash on cash: -0.75% Traditional cash on cash: 3.6% Airbnb Rental Income: $1068 Traditional Rental Income: $1730 Airbnb ROI: -0.75% Traditional ROI: 3.6%
4108 Old Mill Road Waco, TX The perfect patio home in the heart of Waco, TX, where contemporary updates harmonize with...	2 beds \| 2 baths \| 2,464 sq.ft.	$409,900	Airbnb cash on cash: -2.16% Traditional cash on cash: 1.68% Airbnb Rental Income: $889 Traditional Rental Income: $2028 Airbnb ROI: -2.16% Traditional ROI: 1.68%
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.	$349,999	Airbnb cash on cash: -0.57% Traditional cash on cash: 5.33% Airbnb Rental Income: $1363 Traditional Rental Income: $2888 Airbnb ROI: -0.57% Traditional ROI: 5.33%
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.	$360,000	Airbnb cash on cash: -0.88% Traditional cash on cash: 4.44% Airbnb Rental Income: $1070 Traditional Rental Income: $2500 Airbnb ROI: -0.88% Traditional ROI: 4.44%
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.	$305,000	Airbnb cash on cash: -1.93% Traditional cash on cash: 2.31% Airbnb Rental Income: $756 Traditional Rental Income: $1657 Airbnb ROI: -1.93% Traditional ROI: 2.31%
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: -0.85% Traditional cash on cash: 3.95% Airbnb Rental Income: $921 Traditional Rental Income: $1932 Airbnb ROI: -0.85% Traditional ROI: 3.95%
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.	$195,000	Airbnb cash on cash: -1.56% Traditional cash on cash: 5.5% Airbnb Rental Income: $756 Traditional Rental Income: $1750 Airbnb ROI: -1.56% Traditional ROI: 5.5%
3606 Austin Avenue Waco, TX Opportunity awaits with this single-story home featuring spacious interiors, wood flooring...	3 beds \| 3 baths \| 2,658 sq.ft.	$375,000	Airbnb cash on cash: 5.79% Traditional cash on cash: 2.84% Airbnb Rental Income: $4770 Traditional Rental Income: $2747 Airbnb ROI: 5.79% Traditional ROI: 2.84%
3804 Belmont Drive Waco, TX Home on Large Corner Lot in Waco. Great opportunity for investors! This home has 2-bedroom...	3 beds \| 2 baths \| 1,424 sq.ft.	$165,000	Airbnb cash on cash: -1.18% Traditional cash on cash: 7.59% Airbnb Rental Income: $715 Traditional Rental Income: $1786 Airbnb ROI: -1.18% Traditional ROI: 7.59%
1012 Betsy Drive Waco, TX Welcome to this stunning 4 bedroom, 3 bathroom home in the desirable Swenson Heights commu...	4 beds \| 3 baths \| 2,034 sq.ft.	$289,000	Airbnb cash on cash: -2.27% Traditional cash on cash: 5.03% Airbnb Rental Income: $663 Traditional Rental Income: $2351 Airbnb ROI: -2.27% Traditional ROI: 5.03%

Real Estate investment in Waco, TX

There are 34 properties for sale in the city of Waco . The median list price in Waco is $248,800 and the average price per square foot is $115. In May 2026, the average monthly cash on cash return in Waco is 3.00%. The average monthly rental income in Waco is $2,029.

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

There are 34 investment properties available for sale in Waco.

In 2026, the best neighborhood to buy investment property is Brook Oaks.

The ROI for Long-Term is higher than the Short-Term in Waco with average rental income of $2,029.

Your search for investment property begins and ends here

Investment Property for Sale in Waco, TX

912 Queen Elizabeth Drive

Waco, TX

3 beds | 3 baths | 2,062 sq.ft.

$399,000

Airbnb cash on cash: -0.69%

Traditional cash on cash: 2.86%

Airbnb Rental Income: $1292

Traditional Rental Income: $2217

Airbnb ROI: -0.69%

Traditional ROI: 2.86%

219 S 4th Street #608

Waco, TX

2 beds | 3 baths | 1,870 sq.ft.

$875,000

Airbnb cash on cash: -1.91%

Traditional cash on cash: -0.93%

Airbnb Rental Income: $1180

Traditional Rental Income: $1593

Airbnb ROI: -1.91%

Traditional ROI: -0.93%

516 Harlem Avenue

Waco, TX

2 beds | 1 baths | 774 sq.ft.

$110,900

Airbnb cash on cash: 2.56%

Traditional cash on cash: 5.47%

Airbnb Rental Income: $1013

Traditional Rental Income: $968

Airbnb ROI: 2.56%

Traditional ROI: 5.47%

1101 E Walnut Street

Waco, TX

1 beds | 2 baths | 1,176 sq.ft.

$300,000

Airbnb cash on cash: -0.34%

Traditional cash on cash: 3.69%

Airbnb Rental Income: $812

Traditional Rental Income: $1625

Airbnb ROI: -0.34%

Traditional ROI: 3.69%

118 N Bermuda Street

Waco, TX

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

$139,000

Airbnb cash on cash: 1.73%

Traditional cash on cash: 6.03%

Airbnb Rental Income: $992

Traditional Rental Income: $1211

Airbnb ROI: 1.73%

Traditional ROI: 6.03%

120 N Bermuda Street

Waco, TX

1 beds | 1 baths | 696 sq.ft.

$79,000

Airbnb cash on cash: 6.59%

Traditional cash on cash: 7.95%

Airbnb Rental Income: $1213

Traditional Rental Income: $928

Airbnb ROI: 6.59%

Traditional ROI: 7.95%

117 Lost Oaks Drive

Waco, TX

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

$464,900

Airbnb cash on cash: -0.94%

Traditional cash on cash: 2.57%

Airbnb Rental Income: $1301

Traditional Rental Income: $2421

Airbnb ROI: -0.94%

Traditional ROI: 2.57%

1206 Ashleman Street

Waco, TX

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

$222,000

Airbnb cash on cash: -0.08%

Traditional cash on cash: 4.7%

Airbnb Rental Income: $992

Traditional Rental Income: $1643

Airbnb ROI: -0.08%