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
901 N 10th Street Waco, TX Currently an AIRBNB with All 5 Star Reviews!! This Gorgeous 120 year old Victorian Farmhou...	2 beds \| 2 baths \| 2,456 sq.ft.	$630,000	Airbnb cash on cash: 2.33% Traditional cash on cash: 1.93% Airbnb Rental Income: $3007 Traditional Rental Income: $2077 Airbnb ROI: 2.33% Traditional ROI: 1.93%
1421 S 12th Street #111 Waco, TX Beautiful and Full Scale remodel on this first-level condo in popular, gated, walkable to ...	2 beds \| 2 baths \| 832 sq.ft.	$175,000	Airbnb cash on cash: 8.9% Traditional cash on cash: 4.57% Airbnb Rental Income: $2538 Traditional Rental Income: $1205 Airbnb ROI: 8.9% Traditional ROI: 4.57%
4007 Austin Avenue Waco, TX Motivated Seller!! Welcome to 4007 Austin Ave, a charming 4-bedroom, 2-bathroom home boast...	4 beds \| 2 baths \| 2,322 sq.ft.	$325,000	Airbnb cash on cash: 4.8% Traditional cash on cash: 3.95% Airbnb Rental Income: $3319 Traditional Rental Income: $2316 Airbnb ROI: 4.8% Traditional ROI: 3.95%
3426 Austin Avenue Waco, TX Welcome to your charming 1955 Craftsman-style home that boasts timeless curb appeal and is...	3 beds \| 2 baths \| 2,556 sq.ft.	$424,900	Airbnb cash on cash: 5.26% Traditional cash on cash: 0.85% Airbnb Rental Income: $4770 Traditional Rental Income: $2032 Airbnb ROI: 5.26% Traditional ROI: 0.85%
5404 Black Horse Court Waco, TX Discover this stunning 4-bedroom, 2-bathroom home nestled in the highly desirable China Sp...	4 beds \| 2 baths \| 2,113 sq.ft.	$435,000	Airbnb cash on cash: 7.9% Traditional cash on cash: 2% Airbnb Rental Income: $5758 Traditional Rental Income: $2203 Airbnb ROI: 7.9% Traditional ROI: 2%
1301 Chapel Creek Road Waco, TX This charming 3-bedroom, 2-bath home sits on a desirable corner lot and features an open l...	3 beds \| 2 baths \| 1,368 sq.ft.	$312,000	Airbnb cash on cash: 5.9% Traditional cash on cash: 3.11% Airbnb Rental Income: $3337 Traditional Rental Income: $1774 Airbnb ROI: 5.9% Traditional ROI: 3.11%
941 Armadillo Drive Waco, TX Opportunity knocks in Arroyo Ranch! This 4-bedroom, 2-bath home is just steps from the com...	4 beds \| 2 baths \| 1,612 sq.ft.	$240,000	Airbnb cash on cash: 9.26% Traditional cash on cash: 5.16% Airbnb Rental Income: $3767 Traditional Rental Income: $2020 Airbnb ROI: 9.26% Traditional ROI: 5.16%
348 Barker Lane Waco, TX 2 HOMES ON ONE GREAT PROPERTY!!! Total of 5 bedrooms and 4 bathrooms on this beautiful Hom...	3 beds \| 2 baths \| 2,804 sq.ft.	$625,000	Airbnb cash on cash: 1.88% Traditional cash on cash: 1.71% Airbnb Rental Income: $3257 Traditional Rental Income: $2428 Airbnb ROI: 1.88% Traditional ROI: 1.71%
3241 Edmond Avenue Waco, TX Step into this cozy and well-maintained 2-bedroom, 1-bathroom home, ideally located close ...	2 beds \| 1 baths \| 1,139 sq.ft.	$185,000	Airbnb cash on cash: 4.97% Traditional cash on cash: 4.84% Airbnb Rental Income: $1841 Traditional Rental Income: $1322 Airbnb ROI: 4.97% Traditional ROI: 4.84%
4902 Meyers Lane Waco, TX Charming 3-bedroom, 1.5-bath home nestled on a spacious 1-acre lot in the heart of Waco! J...	3 beds \| 2 baths \| 1,184 sq.ft.	$250,000	Airbnb cash on cash: 6.58% Traditional cash on cash: 3.7% Airbnb Rental Income: $2964 Traditional Rental Income: $1601 Airbnb ROI: 6.58% Traditional ROI: 3.7%
2212 Clay Avenue Waco, TX This remodeled charmer boasts a prime Waco location just minutes from Downtown, Baylor Uni...	4 beds \| 2 baths \| 1,628 sq.ft.	$260,000	Airbnb cash on cash: 7.41% Traditional cash on cash: 4.02% Airbnb Rental Income: $3164 Traditional Rental Income: $1617 Airbnb ROI: 7.41% Traditional ROI: 4.02%
103 Spring Lake Drive Waco, TX Charming 3-bedroom, 2-bath home on a beautiful 2-acre lot in the Spring Lake community. Su...	3 beds \| 2 baths \| 1,605 sq.ft.	$334,000	Airbnb cash on cash: 4.4% Traditional cash on cash: 3.48% Airbnb Rental Income: $2964 Traditional Rental Income: $1993 Airbnb ROI: 4.4% Traditional ROI: 3.48%
4000 Ethel Avenue Waco, TX Tucked beneath a canopy of shade trees on a sunny corner lot in a quiet cul-de-sac, this 1...	3 beds \| 2 baths \| 1,078 sq.ft.	$214,000	Airbnb cash on cash: 9.53% Traditional cash on cash: 4.96% Airbnb Rental Income: $3141 Traditional Rental Income: $1502 Airbnb ROI: 9.53% Traditional ROI: 4.96%
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.	$297,400	Airbnb cash on cash: 6.4% Traditional cash on cash: 5.81% Airbnb Rental Income: $3311 Traditional Rental Income: $2406 Airbnb ROI: 6.4% Traditional ROI: 5.81%
295 Rozell Pass Waco, TX MOTIVATED SELLER! The McCartney Farm is a beautiful 75-acre turn-key farm and ranch locat...	2 beds \| 1 baths \| 2,045 sq.ft.	$999,999	Airbnb cash on cash: 0.23% Traditional cash on cash: 0.09% Airbnb Rental Income: $2325 Traditional Rental Income: $1620 Airbnb ROI: 0.23% Traditional ROI: 0.09%
275 Woodruff Road Waco, TX Escape to tranquility with this sprawling 6.5-acre estate in Waco, TX, offering a perfect ...	5 beds \| 4 baths \| 3,004 sq.ft.	$649,500	Airbnb cash on cash: N/A Traditional cash on cash: 2.85% Airbnb Rental Income: $null Traditional Rental Income: $3224 Airbnb ROI: N/A Traditional ROI: 2.85%
6000 Flat Rock Road Waco, TX Exceptional Golf Course Living with Spectacular Views! Nestled on a .70-acre lot along ...	3 beds \| 3 baths \| 2,568 sq.ft.	$529,000	Airbnb cash on cash: 2.22% Traditional cash on cash: 3.01% Airbnb Rental Income: $3257 Traditional Rental Income: $2918 Airbnb ROI: 2.22% Traditional ROI: 3.01%
6 Carriage Square Waco, TX Step into elegance and history with this extraordinary 4-bedroom, 4.5-bath home, where eve...	4 beds \| 5 baths \| 4,450 sq.ft.	$761,700	Airbnb cash on cash: 1.37% Traditional cash on cash: 4.43% Airbnb Rental Income: $3830 Traditional Rental Income: $5176 Airbnb ROI: 1.37% Traditional ROI: 4.43%
2800 S 3- A Street Waco, TX Imagine fixing up a one-story 4-bedroom 4.5 bath one story home for your daughters to have...	4 beds \| 5 baths \| 2,052 sq.ft.	$399,900	Airbnb cash on cash: 8.69% Traditional cash on cash: 5.07% Airbnb Rental Income: $5715 Traditional Rental Income: $3218 Airbnb ROI: 8.69% Traditional ROI: 5.07%
1513 Helen Drive Waco, TX Beautiful 4-Bedroom Home on 1/4 Acre Lot in Gated Community! Welcome to this stunning 4...	4 beds \| 3 baths \| 2,161 sq.ft.	$389,000	Airbnb cash on cash: 3.47% Traditional cash on cash: 4.27% Airbnb Rental Income: $2779 Traditional Rental Income: $2419 Airbnb ROI: 3.47% Traditional ROI: 4.27%
3105 Autry Road Waco, TX Room for everyone and then some! This 5-bedroom beauty in Lorena ISD delivers space, style...	5 beds \| 3 baths \| 2,606 sq.ft.	$360,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.07% Airbnb Rental Income: $null Traditional Rental Income: $2635 Airbnb ROI: N/A Traditional ROI: 4.07%
2225 Wooded Acres Drive Waco, TX Luxury Living Meets Natureâs Beauty, Conveniently Located on Nearly Half an Acre. Tucked...	4 beds \| 3 baths \| 2,339 sq.ft.	$388,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 4.33% Airbnb Rental Income: $2131 Traditional Rental Income: $2669 Airbnb ROI: 1.36% Traditional ROI: 4.33%
1510 Helen Drive Waco, TX Beautiful 4-Bedroom Home in Gated Community! Welcome to this stunning 4-bedroom, 3-bat...	4 beds \| 3 baths \| 1,814 sq.ft.	$297,000	Airbnb cash on cash: 5.66% Traditional cash on cash: 6.02% Airbnb Rental Income: $2779 Traditional Rental Income: $2229 Airbnb ROI: 5.66% Traditional ROI: 6.02%
1619 Baylor Avenue Waco, TX You wonât want to miss this recently remodeled property just minutes from downtown Waco,...	2 beds \| 1 baths \| 1,000 sq.ft.	$180,000	Airbnb cash on cash: 8.72% Traditional cash on cash: 3.98% Airbnb Rental Income: $2623 Traditional Rental Income: $1185 Airbnb ROI: 8.72% Traditional ROI: 3.98%
1120 Baker Lane Waco, TX Welcome to your brand-new home in a vibrant new subdivision, ideally situated right across...	3 beds \| 2 baths \| 1,401 sq.ft.	$249,378	Airbnb cash on cash: 8.24% Traditional cash on cash: 4.66% Airbnb Rental Income: $3452 Traditional Rental Income: $1844 Airbnb ROI: 8.24% Traditional ROI: 4.66%
375 Alto Lane Waco, TX Beautiful Double-Wide Home on 1 Acre with Optional Additional Acre This charming and on...	3 beds \| 2 baths \| 950 sq.ft.	$185,000	Airbnb cash on cash: 6.2% Traditional cash on cash: -0.48% Airbnb Rental Income: $3257 Traditional Rental Income: $1349 Airbnb ROI: 6.2% Traditional ROI: -0.48%
10816 Burnham Drive Waco, TX Welcome to this spacious and beautifully updated home tucked away in a quiet cul-de-sac in...	4 beds \| 4 baths \| 2,780 sq.ft.	$365,000	Airbnb cash on cash: 9.69% Traditional cash on cash: 5.11% Airbnb Rental Income: $5758 Traditional Rental Income: $3041 Airbnb ROI: 9.69% Traditional ROI: 5.11%
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.	$235,000	Airbnb cash on cash: 6.06% Traditional cash on cash: 4.88% Airbnb Rental Income: $2626 Traditional Rental Income: $1737 Airbnb ROI: 6.06% Traditional ROI: 4.88%
2206 Trinity Drive Waco, TX Description: Welcome to 2206 Trinity Drive, a well-maintained 2-bedroom, 1.5-bath home off...	2 beds \| 2 baths \| 1,668 sq.ft.	$200,000	Airbnb cash on cash: 2.92% Traditional cash on cash: 6.45% Airbnb Rental Income: $1758 Traditional Rental Income: $1946 Airbnb ROI: 2.92% Traditional ROI: 6.45%
1901 S 16th Street #A Waco, TX Fully renovated and move-in ready, this stylish 3-bedroom, 2-bath home is located just min...	3 beds \| 2 baths \| 1,152 sq.ft.	$349,000	Airbnb cash on cash: 4.24% Traditional cash on cash: 1.85% Airbnb Rental Income: $3210 Traditional Rental Income: $1700 Airbnb ROI: 4.24% Traditional ROI: 1.85%

Real Estate investment in Waco, TX

There are 32 properties for sale in the city of Waco . The median list price in Waco is $297,000 and the average price per square foot is $165. In September 2025, the average monthly cash on cash return in Waco is 4.00%. The average monthly rental income in Waco is $1,844.

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

There are 32 investment properties available for sale in Waco.

In 2025, the best neighborhood to buy investment property is Heart of Texas.

The ROI for Short-Term is higher than the Long-Term in Waco with average rental income of $3,234.

Your search for investment property begins and ends here

Investment Property for Sale in Waco, TX

901 N 10th Street

Waco, TX

2 beds | 2 baths | 2,456 sq.ft.

$630,000

Airbnb cash on cash: 2.33%

Traditional cash on cash: 1.93%

Airbnb Rental Income: $3007

Traditional Rental Income: $2077

Airbnb ROI: 2.33%

Traditional ROI: 1.93%

1421 S 12th Street #111

Waco, TX

2 beds | 2 baths | 832 sq.ft.

$175,000

Airbnb cash on cash: 8.9%

Traditional cash on cash: 4.57%

Airbnb Rental Income: $2538

Traditional Rental Income: $1205

Airbnb ROI: 8.9%

Traditional ROI: 4.57%

4007 Austin Avenue

Waco, TX

4 beds | 2 baths | 2,322 sq.ft.

$325,000

Airbnb cash on cash: 4.8%

Traditional cash on cash: 3.95%

Airbnb Rental Income: $3319

Traditional Rental Income: $2316

Airbnb ROI: 4.8%

Traditional ROI: 3.95%

3426 Austin Avenue

Waco, TX

3 beds | 2 baths | 2,556 sq.ft.

$424,900

Airbnb cash on cash: 5.26%

Traditional cash on cash: 0.85%

Airbnb Rental Income: $4770

Traditional Rental Income: $2032

Airbnb ROI: 5.26%

Traditional ROI: 0.85%

5404 Black Horse Court

Waco, TX

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

$435,000

Airbnb cash on cash: 7.9%

Traditional cash on cash: 2%

Airbnb Rental Income: $5758

Traditional Rental Income: $2203

Airbnb ROI: 7.9%

Traditional ROI: 2%

1301 Chapel Creek Road

Waco, TX

3 beds | 2 baths | 1,368 sq.ft.

$312,000

Airbnb cash on cash: 5.9%

Traditional cash on cash: 3.11%

Airbnb Rental Income: $3337

Traditional Rental Income: $1774

Airbnb ROI: 5.9%

Traditional ROI: 3.11%

941 Armadillo Drive

Waco, TX

4 beds | 2 baths | 1,612 sq.ft.

$240,000

Airbnb cash on cash: 9.26%

Traditional cash on cash: 5.16%

Airbnb Rental Income: $3767

Traditional Rental Income: $2020

Airbnb ROI: 9.26%

Traditional ROI: 5.16%

348 Barker Lane

Waco, TX

3 beds | 2 baths | 2,804 sq.ft.

$625,000

Airbnb cash on cash: 1.88%

Traditional cash on cash: 1.71%

Airbnb Rental Income: $3257

Traditional Rental Income: $2428

Airbnb ROI: 1.88%