3317 N 23rd St · Waco, TX
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 3/10 · Minor
- Est. fire insurance / yr
- $1,222 – $2,270
Heat risk 7/10 · Major
- Hot days now (above 109°F)
- 7 days/yr
- Hot days in 30 yrs
- 24 days/yr
Wind risk 6/10 · Moderate
- Chance of severe wind over 30 yrs
- 60.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 0 days/yr
- Unhealthy air days in 30 yrs
- 1 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- ARV discount +15.0/15.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Livability +3.7/5.0
- Rent growth +2.3/5.0
- Condition / age +2.2/5.0
- Schools +1.8/10.0
- Appreciation +0.0/10.0
$79,997
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
North Waco Investor Special — Solid Structural Frame Ready for Finish-Out. Lock down an ultra-affordable entry price in an active submarket with this high-margin contractor canvas. Featuring a functional footprint on a manageable city lot, this asset provides an incredible investment for an aggressive fix-and-flip or a high-yield BRRRR portfolio addition. The clean interior layout is primed for immediate cosmetic and mechanical modernizations, allowing builders to manufacture massive forced equity on day one. Highly strategic location with convenient access to the North 25th St retail corridor, local schools, and downtown Waco transit.
Key facts
- Cameron park trails
- Recreation areas
- Riverfront
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $80k. Condition is rated fair.
Deal economics
- At list price, monthly cash flow is $314 ($4k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $80k).
- Recommended offer: $73k (9.0% below list) — sets the bar for market timing.
- Cap rate 11.0% vs local median 3.9% in Waco — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 74/100 on livability (#166 in TX, #4,378 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: crime D, commute F, employment D-.
- Waco ISD (urban): math 20% / reading 24% proficiency, ranked #773 of 826 in TX (top 94%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 81% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Cedar Ridge El (math 16% / reading 21%, grade F, #3,759 of 4,322 statewide, top 88%, 447 students, 96% FRL); G W Carver Middle (math 9% / reading 13%, grade F, #1,634 of 1,662 statewide, top 99%, 393 students, 96% FRL, charter); Waco H S (math 26% / reading 24%, grade F, #1,250 of 1,632 statewide, top 77%, 2,011 students, 88% FRL).
- Market conditions: Rents soft (-0.8%/yr); 546 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals lingering (median 109d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 58% of comp listings sitting > 30 days — soft ceiling on asking rent; 1,014 units permitted in McLennan County in 2024 (200 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $553 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
- McLennan County population projected at +17% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 95 days — a 9% lower offer ($73k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $5k (5%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: property tax is 3.1% of price; built in 1947 — expect roof / HVAC / electrical / plumbing capex.
- Climate carrying-cost: major wind risk, 60% chance of damaging wind over 30y; extreme-heat days projected 7→24/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- It's been on market 95 days. Have you received any prior offers? Is the seller open to a 9% concession, seller financing, or rate buy-down credit?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1947 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
- Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.
Investment metrics
- 1% rule
- 1.54% ✓
- Cap rate
- 11.00%
- Cash-on-cash
- 16.82%
- DSCR
- 1.75
- GRM
- 5.4
CMA / ARV
- ARV (median comp)
- $127,013
- List price
- $79,997
- Delta
- -37.02%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3209 N 23rd St | 0.07mi | 2/1.0 | 818 (-4%) | 8mo | $149,000 | $182 | 84 |
| 3613 N 25th St | 0.24mi | 2/1.0 | 834 (-2%) | 3mo | $164,000 | $197 | 83 |
| 3525 N 25th St | 0.20mi | 2/1.0 | 819 (-3%) | 7mo | $110,000 | $134 | 79 |
| 3528 N 25th St | 0.23mi | 2/1.0 | 924 (+9%) | 4mo | $150,000 | $162 | 70 |
| 3125 N 27th St | 0.34mi | 2/1.0 | 806 (-5%) | 14mo | $75,000 | $93 | 64 |
| 2904 Summer Ave | 0.56mi | 2/1.0 | 864 (+2%) | 14mo | $115,000 | $133 | 59 |
| 2605 Mitchell Ave | 0.61mi | 2/1.5 | 807 (-5%) | 4mo | $164,000 | $203 | 58 |
| 3645 N 25th St | 0.32mi | 3/2.0 (+1) | 962 (+13%) | 6mo | $175,000 | $182 | 49 |
| 2915 Summer Ave | 0.57mi | 2/1.0 | 924 (+9%) | 13mo | $115,000 | $124 | 48 |
| 2724 Mckenzie Ave | 0.59mi | 2/1.0 | 950 (+12%) | 6mo | $105,000 | $111 | 47 |
| 1617 Blackmon St | 0.52mi | 2/1.0 | 720 (-15%) | 7mo | $210,000 | $292 | 45 |
| 2816 Alexander St | 0.71mi | 2/1.0 | 910 (+7%) | 14mo | $180,000 | $198 | 43 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-3.0% appreciation · 0.0% rent growth · sell at horizon
- IRR
- 4.2%
- Equity multiple
- 1.16×
- Total profit
- $3,506
- Equity at exit
- $11,928
- IRR
- 10.3%
- Equity multiple
- 1.68×
- Total profit
- $15,187
- Equity at exit
- $6,917
Cash invested: $22,399 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 87 Strongly Landlord-Friendly
- State Texas
- 87 Strongly Landlord-Friendly · R+5
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 16 active · 12 under contract
- Months of supply
- 12.0 mo (8%/mo absorbed)
- Median asking
- $162,400 ($170/sqft)
- Median days on market
- 79 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -12.1% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 76708
- Home prices YoY
- -26.5%
- Rents YoY
- -0.8%
- Active inventory
- 546
- Price-to-rent
- 5.4×
Monthly cashflow live
- Estimated rent
- $1,232 high interval (Pro) →
- Mortgage (P&I)
- −$420
- Tax from tax record
- −$207 /mo · $2,479/yr
- Insurance
- −$33
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$259
- Net cashflow
- $314
Break-even live
Sensitivity live
| Price | -10% $359 | -5% $337 | +0% $314 | +5% $291 | +10% $269 |
|---|---|---|---|---|---|
| Rent | -10% $217 | -5% $265 | +0% $314 | +5% $363 | +10% $411 |
| Rate | -1.0pp $354 | -0.5pp $334 | base $314 | +0.5pp $293 | +1.0pp $272 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $19,999
- Closing costs
- $2,400
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3101 N 25th St Waco, TX | 2.0 | 1.0 | 790 | $995 | $1.26 | 2d | 1 | 0.22mi |
| 3624 N 23rd St Waco, TX | 2.0 | 1.0 | 860 | $995 | $1.16 | 2d | 1 | 0.26mi |
| 2612 Alice Ave Waco, TX | 2.0 | 1.0 | 964 | $1,200 | $1.24 | 2d | 1 | 0.39mi |
| 3732 N 21st St Waco, TX | 3.0 | 1.5 | 1100 | $1,300 | $1.18 | 2d | 1 | 0.41mi |
| 2408 McKenzie Ave Unit A Waco, TX | 3.0 | 2.0 | 872 | $1,350 | $1.55 | 116d | 1 | 0.45mi |
| 3200 N 17th St Unit 2 Waco, TX | 3.0 | 2.0 | 1041 | $1,400 | $1.34 | 2d | 1 | 0.48mi |
| 2600 McKenzie Ave Waco, TX | 3.0 | 1.0 | 1096 | $1,395 | $1.27 | 116d | 1 | 0.49mi |
| 2909 Summer Ave Waco, TX | 2.0 | 1.0 | 858 | $1,300 | $1.52 | 2d | 1 | 0.53mi |
| 1611 Bryan Ave Unit B Waco, TX | 3.0 | 1.0 | 838 | $985 | $1.18 | 109d | 1 | 0.53mi |
| 1611 Bryan Ave Unit A Waco, TX | 3.0 | 1.0 | 838 | $1,040 | $1.24 | 2d | 1 | 0.54mi |
| 1614 Bryan Ave Unit B Waco, TX | 3.0 | 1.0 | 838 | $925 | $1.10 | 109d | 1 | 0.54mi |
| 2313 Mitchell Ave Waco, TX | 2.0 | 1.0 | 804 | $1,150 | $1.43 | 116d | 1 | 0.57mi |
| 2121 Lyle Ave Waco, TX | 2.0 | 1.0 | 1080 | $1,000 | $0.93 | 109d | 1 | 0.66mi |
| 2712 Mitchell Ave Waco, TX | 3.0 | 1.0 | 1120 | $1,300 | $1.16 | 116d | 1 | 0.68mi |
| 2805 Mitchell Ave Waco, TX | 2.0 | 1.0 | 1024 | $1,145 | $1.12 | 109d | 1 | 0.68mi |
| 2504 Lyle Ave Waco, TX | 3.0 | 2.0 | 1028 | $1,475 | $1.43 | 116d | 1 | 0.69mi |
| 1701 Meridian Ave Waco, TX | 2.0 | 1.0 | 957 | $1,395 | $1.46 | 0d | 1 | 0.72mi |
| 2712 Lyle Ave Waco, TX | 3.0 | 1.0 | 1100 | $1,500 | $1.36 | 116d | 1 | 0.75mi |
| 2712 Lyle Ave Waco, TX | 3.0 | 1.0 | 1100 | $1,500 | $1.36 | 139d | 1 | 0.75mi |
| 3125 Reuter Ave Waco, TX | 2.0 | 1.0 | 854 | $1,350 | $1.58 | 2d | 1 | 0.75mi |
| 2601 Herring Ave Unit 1 Waco, TX | 3.0 | 1.0 | 989 | $1,295 | $1.31 | 139d | 1 | 0.76mi |
| 2404 Proctor Ave Unit 2 Waco, TX | 1.0 | 1.0 | 837 | $950 | $1.14 | 109d | 1 | 0.83mi |
| 2402 Proctor Ave Waco, TX | 1.0 | 1.0 | 1000 | $950 | $0.95 | 109d | 1 | 0.84mi |
| 2404 Proctor Ave Waco, TX | 1.0 | 1.0 | 837 | $1,000 | $1.19 | 116d | 1 | 0.84mi |
| 1827 Proctor Ave Waco, TX | 2.0 | 1.0 | 600 | $1,000 | $1.67 | 2d | 1 | 0.87mi |
| 1827 Proctor Ave Unit A Waco, TX | 2.0 | 1.0 | 600 | $1,000 | $1.67 | 116d | 1 | 0.87mi |
| 1827 Proctor Ave Waco, TX | 2.0 | 1.0 | 600 | $1,000 | $1.67 | 109d | 1 | 0.87mi |
| 2225 Windsor Ave Waco, TX | 2.0 | 1.0 | 840 | $1,100 | $1.31 | 139d | 1 | 1.03mi |
| 2227 Windsor Ave Waco, TX | 2.0 | 1.0 | 840 | $1,200 | $1.43 | 2d | 1 | 1.03mi |
| 2621 Windsor Ave Waco, TX | 2.0 | 1.0 | 1108 | $1,175 | $1.06 | 116d | 1 | 1.06mi |
| 2736 Lake Shore Dr Waco, TX | 1.0–2.0 | 1.0–2.0 | 1034 | $1,774 | $1.71 | 0d | 1 | 1.06mi |
| 2714 Windsor Ave Waco, TX | 2.0 | 1.0 | 979 | $1,300 | $1.33 | 139d | 1 | 1.12mi |
| 1808 Windsor Ave Waco, TX | 2.0 | 1.0 | 804 | $1,195 | $1.49 | 0d | 1 | 1.14mi |
| 2224 Cumberland Ave Waco, TX | 2.0 | 1.0 | 768 | $1,075 | $1.40 | 139d | 1 | 1.14mi |
| 1905 N 19th St Waco, TX | 1.0 | 1.0 | 816 | $875 | $1.07 | 116d | 1 | 1.15mi |
| 2225 Trice Ave Waco, TX | 2.0 | 1.0 | 803 | $1,200 | $1.49 | 2d | 1 | 1.27mi |
| 2225 Trice Ave Waco, TX | 2.0 | 1.0 | 803 | $1,300 | $1.62 | 139d | 1 | 1.27mi |
| 1518 Cumberland Ave Waco, TX | 2.0 | 1.0 | 996 | $1,075 | $1.08 | 2d | 1 | 1.30mi |
| 4301 Lakeshore Villa Dr Waco, TX | 2.0 | 1.0 | 932 | $1,050 | $1.13 | 2d | 1 | 1.31mi |
| 3520 Pine Ave Waco, TX | 3.0 | 1.0 | 1027 | $1,425 | $1.39 | 2d | 1 | 1.33mi |
Property features AI
Finance
- Other
- Possession at closing/fundingListing status: Active
- Financial info
- Listing terms: Cash, owner will carry, other
- HOA & community
- No association
Exterior
- Parking
- No covered or carport spacesNo designated parking features listed
- Utilities
- City sewerCity waterElectricity availableNo municipal utility district
- Home design
- Single-family residenceOne storyResidential property
- Construction
- Built in 1947Frame and wood construction
- Exterior features
- Lot approximately 0.168 acres (55 x 133)Subdivision: Melbourne Heights
Interior
- Kitchen
- No appliances included
- Bedrooms
- 2 bedrooms (both on the main level)
- Flooring
- CarpetLaminateWood
- Bathrooms
- 1 full bathroom
- Interior features
- 3 total rooms1 living area1 dining areaOther interior features
- Laundry & utility
- No laundry appliances listed
Listing history 50 events
-
2026-09-24days on market $79,997 Active 95 DOM
-
2026-09-22days on market $79,997 Active 94 DOM
-
2026-09-21days on market $79,997 Active 93 DOM
-
2026-09-20days on market $79,997 Active 92 DOM
-
2026-09-19days on market $79,997 Active 91 DOM
-
2026-09-18days on market $79,997 Active 90 DOM
-
2026-09-17days on market $79,997 Active 89 DOM
-
2026-09-16days on market $79,997 Active 88 DOM
-
2026-09-15days on market $79,997 Active 87 DOM
-
2026-09-14days on market $79,997 Active 86 DOM
-
2026-09-13days on market $79,997 Active 85 DOM
-
2026-09-12days on market $79,997 Active 84 DOM
-
2026-09-11days on market $79,997 Active 83 DOM
-
2026-09-05days on market $79,997 Active 77 DOM
-
2026-09-04days on market $79,997 Active 76 DOM
-
2026-09-03days on market $79,997 Active 75 DOM
-
2026-08-31days on market $79,997 Active 72 DOM
-
2026-08-30days on market $79,997 Active 71 DOM
-
2026-08-29days on market $79,997 Active 70 DOM
-
2026-08-28days on market $79,997 Active 69 DOM
-
2026-08-27days on market $79,997 Active 68 DOM
-
2026-08-26days on market $79,997 Active 67 DOM
-
2026-08-25days on market $79,997 Active 66 DOM
-
2026-08-24days on market $79,997 Active 65 DOM
-
2026-08-23days on market $79,997 Active 64 DOM
-
2026-08-22days on market $79,997 Active 63 DOM
-
2026-08-21days on market $79,997 Active 62 DOM
-
2026-08-20days on market $79,997 Active 61 DOM
-
2026-08-19days on market $79,997 Active 60 DOM
-
2026-08-18days on market $79,997 Active 59 DOM
-
2026-08-17days on market $79,997 Active 58 DOM
-
2026-08-16days on market $79,997 Active 57 DOM
-
2026-08-15days on market $79,997 Active 56 DOM
-
2026-08-14days on market $79,997 Active 55 DOM
-
2026-08-13days on market $79,997 Active 54 DOM
-
2026-08-12days on market $79,997 Active 53 DOM
-
2026-08-11days on market $79,997 Active 52 DOM
-
2026-08-10days on market $79,997 Active 51 DOM
-
2026-08-09days on market $79,997 Active 50 DOM
-
2026-08-08days on market $79,997 Active 49 DOM
-
2026-08-07days on market $79,997 Active 48 DOM
-
2026-08-06days on market $79,997 Active 47 DOM
-
2026-08-05days on market $79,997 Active 46 DOM
-
2026-08-04days on market $79,997 Active 45 DOM
-
2026-08-03days on market $79,997 Active 44 DOM
-
2026-07-31days on market $79,997 Active 41 DOM
-
2026-07-30days on market $79,997 Active 40 DOM
-
2026-07-29days on market $79,997 Active 39 DOM
-
2026-07-27days on market $79,997 Active 37 DOM
-
2026-07-25days on market $79,997 Active 35 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast TX · Resets to sale price
- Current annual tax
- $2,479 · $207/mo
- Projected year-2 tax
- $2,479 · $207/mo
- Expected delta
- $0/yr ($0/mo · 0.0%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 3/10 Moderate
- Heat 7/10 Severe 7 d/yr ≥109°F today · 24 d/yr by 30 yrs out
- Wind 6/10 Major 60% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $14,786
- − Mortgage interest
- −$4,481
- − Property taxes
- −$2,479
- − Insurance
- −$400
- − Repairs & maintenance
- −$1,183
- − Management
- −$1,183
- − Depreciation
- −$2,327
- Taxable income
- $2,733
- Est. tax owed @ 24.0%
- −$656
- After-tax cash flow
- $3,112/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 2 photos
This single-family home requires moderate renovations, including exterior painting and landscaping, to improve its curb appeal and value.
Deferred maintenance Est. $40,000–$120,000 screening
- Major Roof (roof) — The roof appears to be in poor condition with visible damage and missing shingles.
- Major Windows (windows) — The windows are old and appear to be in poor condition, with some showing signs of rot or damage.
- Major Electrical (electrical) — The electrical panel appears to be old and may need to be replaced or upgraded.
- Major Plumbing (plumbing) — The exterior of the house shows signs of water damage, which could indicate issues with the plumbing system.
Repairs flagged
- Major exterior siding — Severe weathering and peeling
- Major exterior paint — Significant peeling and discoloration
- Major landscaping — Overgrown and unkempt
Value-add opportunities
- Both paint exterior — Fresh paint enhances curb appeal and value ↑
- Both landscaping — Well-maintained landscaping improves curb appeal and rental value ↑
ⓘ Rehab cost is a screening estimate — Moderate scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Waco ISD
- NCES district ID
- 4844280
- Math proficiency
- 20% ▼ -14.00%
- Reading proficiency
- 24% ▼ -6.00%
- Median HH income
- $29,208
- Composite
- 17.57/100
- National rank
- #9043
- State rank
- #773 of 826 in TX
Livability — Waco
- Score
- 74/100
- State rank
- #166
- US rank
- #4378
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Waco, TX
- County
- McLennan County · 264,191 people
- City population
- 125,319
- Metro
- Waco, TX
- Population (ZIP)
- 27,790
- Household income
- $68,856
- Rent vs Own
- Severe rent burden
- 15% of renters
Population outlook (McLennan County) Hauer SSP2
- Today (2025)
- 264,191 people
- By 2030
- 273,578 · +3.6%
- By 2040
- 291,506 · +10.3%
- By 2050
- 308,044 · +16.6%
- By 2075
- 349,648 · +32.3%
- By 2100
- 364,779 · +38.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Diverse neighborhood (Simpson 0.63)
- Race & ethnicity
- White 50% Hispanic / Latino 31% Two or more races 20% Black 13% Asian 2%
- Hispanic origin (detail)
- Mexican 28%
- Common ancestry
- Slovak 2% Lithuanian 1% Italian 1%
- Foreign-born
- 11% · Canada, Vietnam
- Languages at home
- 76% English-only · Spanish 21% Other Asian/Pacific 1%
Political lean MEDSL · McLennan
- 2024 margin
- Solid R (+30.9) · D 34.0% · R 64.9% · Other 1.0%
- 2008→2024 swing
- -7.0pp toward R · 2008: -23.9pp · 2024: -30.9pp
- All cycles
- 2024: R+30.9 2020: R+23.4 2016: R+27.1 2012: R+29.8 2008: R+23.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -78.80%
- Current HPI
- 218.9643
- Rent YoY
- ▼ -0.80%
- Metro
- Waco, TX
- State GDP YoY
- ▲ 3.95%
- F500 in state
- 110
Industry mix (Fortune 500 HQ in TX)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Energy | 16 | $1,198B |
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| Technology | 5 | $198B |
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| Engineering / Construction | 4 | $72B |
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| Energy Services | 3 | $60B |
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| Utilities | 3 | $41B |
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| Healthcare | 2 | $330B |
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Price history
-25.0% since first listed7 events — show timeline
- 2026-06-23 Price Changed $79,997 NTREIS
- 2026-06-20 Listed $84,500 NTREIS
- 2026-06-14 Listing Removed — NTREIS
- 2026-06-04 Price Changed $84,500 NTREIS
- 2026-05-21 Price Changed $91,000 NTREIS
- 2026-03-26 Price Changed $97,700 NTREIS
- 2025-12-14 Listed $106,700 NTREIS
Property tax history
+9.2%/yrLatest (2025): $2,479 · +4.8% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…