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

separator

PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
2136 Holborn St Waco, TX 2136 Holborn St, Waco, TX 76655 \| Other	N/A beds \| N/A baths \| N/A	$96,500	Airbnb cash on cash: 1.32% Traditional cash on cash: 2.14% Airbnb Rental Income: $805 Traditional Rental Income: $559 Airbnb ROI: 1.32% Traditional ROI: 2.14%
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.	$119,900	Airbnb cash on cash: 2.3% Traditional cash on cash: 5% Airbnb Rental Income: $1013 Traditional Rental Income: $968 Airbnb ROI: 2.3% Traditional ROI: 5%
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 St 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 St 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%
218 Bettinger Way Waco, TX HOME CURRENTLY HAS OFFER. PENDING HUD APPROVAL. Country living just minutes from Waco a...	3 beds \| 2 baths \| 1,792 sq.ft.	$229,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 7.35% Airbnb Rental Income: $1068 Traditional Rental Income: $2071 Airbnb ROI: 1.05% Traditional ROI: 7.35%
216 Avenue I Waco, TX Welcome Home! This beautifully remodeled 3 bedroom, 2 bath home in North Waco is convenien...	3 beds \| 2 baths \| 1,314 sq.ft.	$239,900	Airbnb cash on cash: 0.47% Traditional cash on cash: 4.15% Airbnb Rental Income: $992 Traditional Rental Income: $1472 Airbnb ROI: 0.47% Traditional ROI: 4.15%
218 Virginia Dr Waco, TX Cute 3 bedroom ready for your finishing touches! Very close to TSTC with easy access to I...	3 beds \| 2 baths \| 1,098 sq.ft.	$120,000	Airbnb cash on cash: 2.15% Traditional cash on cash: 7.44% Airbnb Rental Income: $992 Traditional Rental Income: $1251 Airbnb ROI: 2.15% Traditional ROI: 7.44%
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%
1209 New Dallas Hwy Waco, TX The opportunities are endless with this wonderful 4 bedroom, 2 bathroom home that's zoned ...	4 beds \| 2 baths \| 2,068 sq.ft.	$255,999	Airbnb cash on cash: -0.26% Traditional cash on cash: 5.59% Airbnb Rental Income: $1301 Traditional Rental Income: $2310 Airbnb ROI: -0.26% Traditional ROI: 5.59%
1206 Ashleman St 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%
301 S Patricia St Waco, TX Connally ISD!! Built in 1973, home has been well kept & in great condition! Sits on a corn...	2 beds \| 2 baths \| 1,480 sq.ft.	$141,980	Airbnb cash on cash: 1.34% Traditional cash on cash: 6.43% Airbnb Rental Income: $1013 Traditional Rental Income: $1348 Airbnb ROI: 1.34% Traditional ROI: 6.43%
230 Rio Rim Rd Waco, TX Located just outside of Gholson, you will find this adorable, manufactured home. This home...	4 beds \| 2 baths \| 1,976 sq.ft.	$279,000	Airbnb cash on cash: 0.16% Traditional cash on cash: 4.75% Airbnb Rental Income: $1084 Traditional Rental Income: $1922 Airbnb ROI: 0.16% Traditional ROI: 4.75%
3708 Parrish St Waco, TX Investors Special! Rare Opportunity near Baylor University. Spacious Floor Plan with 3 Be...	3 beds \| 2 baths \| 1,315 sq.ft.	$189,900	Airbnb cash on cash: 0.55% Traditional cash on cash: 5.08% Airbnb Rental Income: $992 Traditional Rental Income: $1455 Airbnb ROI: 0.55% Traditional ROI: 5.08%
1204 Maxfield St Waco, TX This lovely 3 bedroom, 2 bath home has recently been remodeled and has not only a large co...	3 beds \| 2 baths \| 1,332 sq.ft.	$229,000	Airbnb cash on cash: 0.22% Traditional cash on cash: 4.64% Airbnb Rental Income: $992 Traditional Rental Income: $1596 Airbnb ROI: 0.22% Traditional ROI: 4.64%
106 S Barbara St Waco, TX Check out this adorable 3 bedroom, 1 1/2 bath home! This home is charming, affordable and...	3 beds \| 1 baths \| 1,566 sq.ft.	$188,000	Airbnb cash on cash: 0.74% Traditional cash on cash: 6.53% Airbnb Rental Income: $992 Traditional Rental Income: $1672 Airbnb ROI: 0.74% Traditional ROI: 6.53%
314 S Rita St Waco, TX This charming home offers space, comfort, and a great layout in an established Waco neighb...	3 beds \| 1 baths \| 1,406 sq.ft.	$210,000	Airbnb cash on cash: -0.16% Traditional cash on cash: 4.86% Airbnb Rental Income: $992 Traditional Rental Income: $1637 Airbnb ROI: -0.16% Traditional ROI: 4.86%
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: -0.35% Traditional cash on cash: 5.9% Airbnb Rental Income: $992 Traditional Rental Income: $2101 Airbnb ROI: -0.35% Traditional ROI: 5.9%
301 Cedar St Waco, TX Awesome location, easy access to schools, shopping, dining and entertainment. This cute 3...	3 beds \| 2 baths \| 1,104 sq.ft.	$189,000	Airbnb cash on cash: 1.04% Traditional cash on cash: 6.01% Airbnb Rental Income: $992 Traditional Rental Income: $1531 Airbnb ROI: 1.04% Traditional ROI: 6.01%
611 N Rita St Waco, TX Investor Special!	4 beds \| 2 baths \| 1,332 sq.ft.	$231,000	Airbnb cash on cash: 1.05% Traditional cash on cash: 3.22% Airbnb Rental Income: $1301 Traditional Rental Income: $1369 Airbnb ROI: 1.05% Traditional ROI: 3.22%
400 Wildcat Dr Waco, TX Welcome to 400 Wildcat Drive, a 4-bedroom, 2-bath home built in 2006, located on a peacefu...	4 beds \| 2 baths \| 1,715 sq.ft.	$295,000	Airbnb cash on cash: 0.07% Traditional cash on cash: 4.54% Airbnb Rental Income: $1301 Traditional Rental Income: $2137 Airbnb ROI: 0.07% Traditional ROI: 4.54%
200 Brenda St Waco, TX Nice Brick home close the school and city park. Located on a extra large corner lot, larg...	3 beds \| 2 baths \| 1,496 sq.ft.	$235,000	Airbnb cash on cash: -0.9% Traditional cash on cash: 5.33% Airbnb Rental Income: $992 Traditional Rental Income: $2023 Airbnb ROI: -0.9% Traditional ROI: 5.33%
212 Loop 340 Waco, TX Endless Possibilities Await! This unique property is a blank slate ready for your vision! ...	2 beds \| 1 baths \| 1,836 sq.ft.	$198,990	Airbnb cash on cash: 1.38% Traditional cash on cash: 4.81% Airbnb Rental Income: $953 Traditional Rental Income: $1252 Airbnb ROI: 1.38% Traditional ROI: 4.81%
1410 Nealton St Waco, TX 1410 Nealton St, Waco, TX 76705 \| Single Family Residential	2 beds \| 1 baths \| 941 sq.ft.	$170,000	Airbnb cash on cash: 0.7% Traditional cash on cash: 1.75% Airbnb Rental Income: $1013 Traditional Rental Income: $825 Airbnb ROI: 0.7% Traditional ROI: 1.75%
1118 Kane St Waco, TX 1118 Kane St, Waco, TX 76705 \| Single Family Residential	3 beds \| 2 baths \| 1,914 sq.ft.	$139,000	Airbnb cash on cash: 1.32% Traditional cash on cash: 9.39% Airbnb Rental Income: $992 Traditional Rental Income: $1714 Airbnb ROI: 1.32% Traditional ROI: 9.39%
1110 Springhill St Waco, TX 1110 Springhill St, Waco, TX 76705 \| Single Family Residential	3 beds \| 2 baths \| 1,690 sq.ft.	$295,000	Airbnb cash on cash: -0.82% Traditional cash on cash: 2.61% Airbnb Rental Income: $992 Traditional Rental Income: $1590 Airbnb ROI: -0.82% Traditional ROI: 2.61%
4312 Greenbriar Dr Waco, TX 4312 Greenbriar Dr, Waco, TX 76705 \| Single Family Residential	4 beds \| 1 baths \| 1,465 sq.ft.	$175,000	Airbnb cash on cash: 1.84% Traditional cash on cash: 3.92% Airbnb Rental Income: $1261 Traditional Rental Income: $1208 Airbnb ROI: 1.84% Traditional ROI: 3.92%
4210 Wheeler St Waco, TX 4210 Wheeler St, Waco, TX 76705 \| Manufactured Home	3 beds \| 2 baths \| 1,456 sq.ft.	$215,000	Airbnb cash on cash: 0.54% Traditional cash on cash: 4.02% Airbnb Rental Income: $1149 Traditional Rental Income: $1477 Airbnb ROI: 0.54% Traditional ROI: 4.02%
1059 Wildcat Cir Waco, TX 1059 Wildcat Cir, Waco, TX 76705 \| Single Family Residential	2 beds \| 2 baths \| 1,452 sq.ft.	$294,500	Airbnb cash on cash: 0.74% Traditional cash on cash: 1.33% Airbnb Rental Income: $1509 Traditional Rental Income: $1233 Airbnb ROI: 0.74% Traditional ROI: 1.33%
806 Hamilton Dr Waco, TX 806 Hamilton Dr, Waco, TX 76705 \| Single Family Residential	2 beds \| 1 baths \| 1,109 sq.ft.	$149,999	Airbnb cash on cash: 4.04% Traditional cash on cash: 2.82% Airbnb Rental Income: $1509 Traditional Rental Income: $894 Airbnb ROI: 4.04% Traditional ROI: 2.82%
438 Silver River Rd Waco, TX 438 Silver River Rd, Waco, TX 76705 \| Manufactured Home	3 beds \| 2 baths \| 1,456 sq.ft.	$225,000	Airbnb cash on cash: 0.08% Traditional cash on cash: 3.07% Airbnb Rental Income: $1068 Traditional Rental Income: $1337 Airbnb ROI: 0.08% Traditional ROI: 3.07%
142 Lillie Valley Rd Waco, TX 142 Lillie Valley Rd, Waco, TX 76705 \| Manufactured Home	3 beds \| 2 baths \| 1,144 sq.ft.	$345,000	Airbnb cash on cash: -0.91% Traditional cash on cash: 0.76% Airbnb Rental Income: $1068 Traditional Rental Income: $1242 Airbnb ROI: -0.91% Traditional ROI: 0.76%
559 Quillian Trce Waco, TX 559 Quillian Trce, Waco, TX 76705 \| Manufactured Home	3 beds \| 2 baths \| 1,184 sq.ft.	$215,000	Airbnb cash on cash: 0.21% Traditional cash on cash: 2.59% Airbnb Rental Income: $1068 Traditional Rental Income: $1186 Airbnb ROI: 0.21% Traditional ROI: 2.59%
1917 Wildcat Cir Waco, TX 1917 Wildcat Cir, Waco, TX 76705 \| Other	N/A beds \| N/A baths \| N/A	$450,000	Airbnb cash on cash: 1.22% Traditional cash on cash: -1.91% Airbnb Rental Income: $2361 Traditional Rental Income: $463 Airbnb ROI: 1.22% Traditional ROI: -1.91%
3008 Cricket Dr Waco, TX 3008 Cricket Dr, Waco, TX 76705 \| Single Family Residential	4 beds \| 2 baths \| 1,875 sq.ft.	$271,999	Airbnb cash on cash: 0.35% Traditional cash on cash: 4% Airbnb Rental Income: $1301 Traditional Rental Income: $1831 Airbnb ROI: 0.35% Traditional ROI: 4%
000 Hogan Ln Waco, TX 000 Hogan Ln, Waco, TX 76705 \| Other	N/A beds \| N/A baths \| N/A	$1,628,272	Airbnb cash on cash: -2.56% Traditional cash on cash: -2.51% Airbnb Rental Income: $762 Traditional Rental Income: $519 Airbnb ROI: -2.56% Traditional ROI: -2.51%
322 S Barbara Waco, TX 322 S Barbara, Waco, TX 76705 \| Single Family Residential	3 beds \| 1 baths \| 1,292 sq.ft.	$249,900	Airbnb cash on cash: -0.47% Traditional cash on cash: 1.53% Airbnb Rental Income: $992 Traditional Rental Income: $1109 Airbnb ROI: -0.47% Traditional ROI: 1.53%
1205 Avenue B Waco, TX 1205 Avenue B, Waco, TX 76705 \| Single Family Residential	5 beds \| 3 baths \| 4,023 sq.ft.	$449,999	Airbnb cash on cash: 2.57% Traditional cash on cash: 2.89% Airbnb Rental Income: $3045 Traditional Rental Income: $2483 Airbnb ROI: 2.57% Traditional ROI: 2.89%

Real Estate investment in Waco, TX

There are 127 properties for sale in the city of Waco . The median list price in Waco is $230,450 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 $1,672.

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

There are 127 investment properties available for sale in Waco.

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

The ROI for Short-Term is higher than the Long-Term in Waco with average rental income of $1,068.

Your search for investment property begins and ends here

Investment Property for Sale in Waco, TX

2136 Holborn St

Waco, TX

N/A beds | N/A baths | N/A

$96,500

Airbnb cash on cash: 1.32%

Traditional cash on cash: 2.14%

Airbnb Rental Income: $805

Traditional Rental Income: $559

Airbnb ROI: 1.32%

Traditional ROI: 2.14%

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.

$119,900

Airbnb cash on cash: 2.3%

Traditional cash on cash: 5%

Airbnb Rental Income: $1013

Traditional Rental Income: $968

Airbnb ROI: 2.3%

Traditional ROI: 5%

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 St

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 St

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%

218 Bettinger Way

Waco, TX

3 beds | 2 baths | 1,792 sq.ft.

$229,900

Airbnb cash on cash: 1.05%

Traditional cash on cash: 7.35%

Airbnb Rental Income: $1068

Traditional Rental Income: $2071

Airbnb ROI: 1.05%