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
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.	$615,000	Airbnb cash on cash: 2.41% Traditional cash on cash: 2% Airbnb Rental Income: $3007 Traditional Rental Income: $2077 Airbnb ROI: 2.41% Traditional ROI: 2%
4007 Austin Avenue Waco, TX *ASK US ABOUT SELLER CONCESSIONS BEING OFFERED!! Motivated Seller!! Welcome to 4007 Au...	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%
200 W Greenbriar Street Waco, TX Welcome to this charming 3-bedroom, 2-bath home featuring two spacious living areas, perfe...	3 beds \| 2 baths \| 2,028 sq.ft.	$269,900	Airbnb cash on cash: 3.61% Traditional cash on cash: 5.52% Airbnb Rental Income: $2362 Traditional Rental Income: $2267 Airbnb ROI: 3.61% Traditional ROI: 5.52%
5013 Lake Highlands Drive Waco, TX Own Your Dream Home with Zero Money Down! Unlock the door to your future with an exclusive...	4 beds \| 2 baths \| 2,523 sq.ft.	$399,900	Airbnb cash on cash: 0.04% Traditional cash on cash: 1.94% Airbnb Rental Income: $2131 Traditional Rental Income: $2299 Airbnb ROI: 0.04% Traditional ROI: 1.94%
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.	$264,000	Airbnb cash on cash: 7.13% Traditional cash on cash: 3.84% Airbnb Rental Income: $3337 Traditional Rental Income: $1774 Airbnb ROI: 7.13% Traditional ROI: 3.84%
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%
3241 Edmond Avenue Waco, TX Step into this cozy and beautifully maintained 2-bedroom, 1-bathroom home, ideally located...	2 beds \| 1 baths \| 1,139 sq.ft.	$174,500	Airbnb cash on cash: 5.32% Traditional cash on cash: 5.18% Airbnb Rental Income: $1841 Traditional Rental Income: $1322 Airbnb ROI: 5.32% Traditional ROI: 5.18%
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%
2717 Proctor Avenue Waco, TX Spacious and beautifully updated, this 4-bedroom, 3-bathroom home provides 1,636 sqft of c...	4 beds \| 3 baths \| 1,636 sq.ft.	$340,000	Airbnb cash on cash: 5.08% Traditional cash on cash: 3.9% Airbnb Rental Income: $3311 Traditional Rental Income: $2195 Airbnb ROI: 5.08% Traditional ROI: 3.9%
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.	$254,500	Airbnb cash on cash: 6.47% Traditional cash on cash: 5.72% Airbnb Rental Income: $2964 Traditional Rental Income: $2101 Airbnb ROI: 6.47% Traditional ROI: 5.72%
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.	$285,000	Airbnb cash on cash: 6.71% Traditional cash on cash: 6.1% Airbnb Rental Income: $3311 Traditional Rental Income: $2406 Airbnb ROI: 6.71% Traditional ROI: 6.1%
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%
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: 8.33% Traditional cash on cash: 5.09% Airbnb Rental Income: $3424 Traditional Rental Income: $1881 Airbnb ROI: 8.33% Traditional ROI: 5.09%
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.	$395,000	Airbnb cash on cash: 0.69% Traditional cash on cash: 5.14% Airbnb Rental Income: $2110 Traditional Rental Income: $3218 Airbnb ROI: 0.69% Traditional ROI: 5.14%
3105 Autry Road Waco, TX Discover the perfect mix of space and comfort at 3105 Autry. This two-story home features ...	5 beds \| 3 baths \| 2,606 sq.ft.	$355,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.14% Airbnb Rental Income: $null Traditional Rental Income: $2635 Airbnb ROI: N/A Traditional ROI: 4.14%
2225 Wooded Acres Drive Waco, TX Luxury Living Meets Natureâs Beauty, Conveniently Located on Nearly Half an Acre. Tucked...	3 beds \| 3 baths \| 2,339 sq.ft.	$383,000	Airbnb cash on cash: -0.2% Traditional cash on cash: 4.4% Airbnb Rental Income: $1445 Traditional Rental Income: $2669 Airbnb ROI: -0.2% Traditional ROI: 4.4%
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%
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.	$230,000	Airbnb cash on cash: 2.72% Traditional cash on cash: 5% Airbnb Rental Income: $1714 Traditional Rental Income: $1737 Airbnb ROI: 2.72% Traditional ROI: 5%
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.	$324,000	Airbnb cash on cash: 4.64% Traditional cash on cash: 2.06% Airbnb Rental Income: $3210 Traditional Rental Income: $1700 Airbnb ROI: 4.64% Traditional ROI: 2.06%
3020 Keathley Drive Waco, TX LIKE NEW oversized 3 bedroom home with classic WHITE CABINETRY in the open-concept kitchen...	3 beds \| 2 baths \| 1,764 sq.ft.	$285,000	Airbnb cash on cash: 6.79% Traditional cash on cash: 5.02% Airbnb Rental Income: $3337 Traditional Rental Income: $2117 Airbnb ROI: 6.79% Traditional ROI: 5.02%
3417 Ethel Avenue Waco, TX Cozy cottage in the middle of Waco, near all the convenient places to be... 2-Bedroom & 1-...	2 beds \| 1 baths \| 800 sq.ft.	$190,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 2.96% Airbnb Rental Income: $2028 Traditional Rental Income: $1157 Airbnb ROI: 4.86% Traditional ROI: 2.96%
4124 Riata Ranch Road Waco, TX Step into comfort and style in this beautifully maintained 4-bedroom, 2-bathroom single-fa...	4 beds \| 2 baths \| 1,660 sq.ft.	$270,000	Airbnb cash on cash: 1.12% Traditional cash on cash: 4.71% Airbnb Rental Income: $1738 Traditional Rental Income: $2173 Airbnb ROI: 1.12% Traditional ROI: 4.71%
3805 Centerfire Road Waco, TX Welcome to 3805 Centerfire Road, a beautifully maintained home tucked away in the sought-a...	3 beds \| 2 baths \| 1,878 sq.ft.	$299,000	Airbnb cash on cash: 2.57% Traditional cash on cash: 4.38% Airbnb Rental Income: $2489 Traditional Rental Income: $2394 Airbnb ROI: 2.57% Traditional ROI: 4.38%
2801 North 42nd Street Waco, TX Welcome to 2801 N 42nd Street, a stunning 4 bedroom, 3 bath home that combines classic cha...	4 beds \| 3 baths \| 2,602 sq.ft.	$475,000	Airbnb cash on cash: 4.33% Traditional cash on cash: 3.74% Airbnb Rental Income: $3830 Traditional Rental Income: $2741 Airbnb ROI: 4.33% Traditional ROI: 3.74%

Real Estate investment in Waco, TX

There are 30 properties for sale in the city of Waco . The median list price in Waco is $269,900 and the average price per square foot is $153. In October 2025, the average monthly cash on cash return in Waco is 4.00%. The average monthly rental income in Waco is $2,007.

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

There are 30 investment properties available for sale in Waco.

In 2025, 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 $3,284.

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.

$615,000

Airbnb cash on cash: 2.41%

Traditional cash on cash: 2%

Airbnb Rental Income: $3007

Traditional Rental Income: $2077

Airbnb ROI: 2.41%

Traditional ROI: 2%

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%

200 W Greenbriar Street

Waco, TX

3 beds | 2 baths | 2,028 sq.ft.

$269,900

Airbnb cash on cash: 3.61%

Traditional cash on cash: 5.52%

Airbnb Rental Income: $2362

Traditional Rental Income: $2267

Airbnb ROI: 3.61%

Traditional ROI: 5.52%

5013 Lake Highlands Drive

Waco, TX

4 beds | 2 baths | 2,523 sq.ft.

$399,900

Airbnb cash on cash: 0.04%

Traditional cash on cash: 1.94%

Airbnb Rental Income: $2131

Traditional Rental Income: $2299

Airbnb ROI: 0.04%

Traditional ROI: 1.94%

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.

$264,000

Airbnb cash on cash: 7.13%

Traditional cash on cash: 3.84%

Airbnb Rental Income: $3337

Traditional Rental Income: $1774

Airbnb ROI: 7.13%

Traditional ROI: 3.84%

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%

3241 Edmond Avenue

Waco, TX

2 beds | 1 baths | 1,139 sq.ft.

$174,500

Airbnb cash on cash: 5.32%

Traditional cash on cash: 5.18%

Airbnb Rental Income: $1841

Traditional Rental Income: $1322

Airbnb ROI: 5.32%