1001 S 16th St · Waco, TX 76706

$150,000

3 bd · 1.0 ba · 1,406 sqft · SingleFamily public records · 88 Days on market

Built 1925 6,098 sqft lot $107/sqft · 20% below area Est $187k · 20% under ↓ 36% since listing

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Why this score? — see what drove the C 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 +21.4/30.0
• ARV discount +15.0/15.0
• DSCR +6.8/10.0
• 1% rule +5.7/10.0
• Livability +3.7/5.0
• Rent growth +3.0/5.0
• Condition / age +2.5/5.0
• Schools +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Corner Double Lot Near Baylor University about 1 Mile from Campus & Downtown Waco. Prime Development Opportunity Near Baylor Located just one mile from Baylor University, this property offers a rare opportunity in one of Waco’s fastest-growing areas. The sale includes two adjacent lots at the corner of S 16th St and Flint Ave, providing excellent potential for redevelopment, new construction, or investment. The property currently features an older home that will require significant renovation and is being sold as-is, making it an ideal candidate for a full restoration project or a new build. With strong demand for housing near the university, the site could be well suited for student housing, multi-family units, or a new single-family development (subject to zoning and city approvals). This highly desirable location places you just minutes from Magnolia Market at the Silos and the revitalized Downtown Waco, both known for their shopping, dining, and tourism appeal. Easy access to Interstate 35 makes commuting convenient while maintaining close proximity to Baylor and central Waco. The offering also includes the neighboring parcel at 1608 Flint Ave (Property ID 171914), providing additional space and flexibility for future development. Driving Directions: From Interstate 35, head west on 17th Street, turn right onto Flint Ave, and the property will be located on the corner of Flint Ave and S 16th

Key facts

• Corner double lot
• New build
• 6,098 sq ft lot

Tags

• CORNER DOUBLE LOT
• PRIME DEVELOPMENT OPPORTUNITY
• SIGNIFICANT RENOVATION
• NEW BUILD
• HIGHLY DESIRABLE LOCATION
• MINUTES FROM MAGNOLIA MARKET

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $150k.

Deal economics

• At list price, monthly cash flow is $223 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Recommended offer: $141k (6.0% below list) — sets the bar for market timing.
• Cap rate 8.1% 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: Bell'S Hill El (math 31% / reading 31%, grade F, #2,429 of 4,322 statewide, top 57%, 760 students, 96% FRL); Cesar Chavez Middle (math 16% / reading 24%, grade F, #1,428 of 1,662 statewide, top 87%, 840 students, 94% FRL); University H S (math 39% / reading 31%, grade F, #954 of 1,632 statewide, top 59%, 1,678 students, 89% FRL).
• Market conditions: Rents rising (+1.9%/yr); 318 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); lower-income renter base — watch delinquency; 1,014 units permitted in McLennan County in 2024 (200 in 5+ unit buildings).
• At $1,603/mo this rent would consume 46% of the median local household income ($42k/yr) (locally 3883% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k 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 88 days — a 6% lower offer ($141k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts; this cycle's ask has dropped $40k (21%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 60% chance of damaging wind over 30y; extreme-heat days projected 7→23/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $141,000 (6.0% below list)

Questions for the listing agent

1. It's been on market 88 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
2. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. 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?
7. 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.
8. 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.
9. 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: 1.07% ✓
• Cap rate: 8.08%
• Cash-on-cash: 6.38%
• DSCR: 1.28
• GRM: 7.8

CMA / ARV

• ARV (median comp): $187,166
• List price: $150,000
• Delta: -19.86%
• 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
1935 Ross Ave	0.32mi	3/2.0	1,350 (-4%)	12mo	$259,999	$193	65
2329 Connor Ave	0.64mi	3/2.0	1,368 (-3%)	1mo	$169,500	$124	61
1615 Connor Ave	0.18mi	3/1.0	1,224 (-13%)	15mo	$155,000	$127	57
2300 Gurley Ave	0.56mi	3/2.0	1,296 (-8%)	1mo	$239,900	$185	56
1813 S 19th St	0.64mi	3/1.0	1,246 (-11%)	1mo	$175,000	$140	50
626 S 12th St	0.42mi	2/1.0 (-1)	1,236 (-12%)	6mo	$525,000	$425	50
1708 James Ave	0.50mi	3/2.0	1,560 (+11%)	6mo	$149,000	$96	49
715 S 8th St	0.65mi	3/2.5	1,492 (+6%)	7mo	$799,000	$536	48
2016 Connor Ave	0.40mi	2/2.0 (-1)	1,265 (-10%)	11mo	$210,000	$166	46
2215 Connor Ave	0.52mi	3/2.0	1,280 (-9%)	14mo	$260,000	$203	45
805 Clay Ave	0.69mi	3/2.0	1,240 (-12%)	6mo	$499,000	$402	39
2311 Mistletoe Ave	0.73mi	3/2.5	1,250 (-11%)	16mo	$209,000	$167	28

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 · 1.86% rent growth · sell at horizon

5-year hold

• IRR: -7.8%
• Equity multiple: 0.72×
• Total profit: $-11,874
• Equity at exit: $22,365

10-year hold

• IRR: 0.3%
• Equity multiple: 1.02×
• Total profit: $798
• Equity at exit: $12,969

Cash invested: $42,000 (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

3-day notice; statewide preemption; one of the fastest eviction climates; Travis County (Austin) slightly slower.

Methodology + full state rankings →

ZIP-level market 76706

• Home prices YoY: -29.1%
• Rents YoY: 1.9%
• Active inventory: 318
• Price-to-rent: 7.8×

Monthly cashflow live

• Estimated rent: $1,603 high
• Mortgage (P&I): −$787
• Tax from tax record: −$194 /mo · $2,323/yr
• Insurance: −$62
• HOA: −$0
• Vacancy / Maint / Mgmt: −$337
• Net cashflow: $223

Break-even live

Break-even rent $1,320

Max offer price $150,000

Occupancy floor 81%

Sensitivity live

Price	-10% $308	-5% $266	+0% $223	+5% $181	+10% $138
Rent	-10% $97	-5% $160	+0% $223	+5% $287	+10% $350
Rate	-1.0pp $299	-0.5pp $261	base $223	+0.5pp $184	+1.0pp $145

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: $37,500
• Closing costs: $4,500
• Reserves months: —
• Total cash needed: —

Rent comps 40 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1914 Ross Ave Waco, TX	3.0	1.0	1316	$1,495	$1.14	23d	1	0.30mi
1326 Park Ave Waco, TX	2.0	2.5	1143	$1,400	$1.22	23d	1	0.39mi
1326 Park Ave Waco, TX	2.0	2.5	1143	$1,400	$1.22	16d	1	0.39mi
1342 Park Ave Waco, TX	2.0	2.5	1143	$1,400	$1.22	16d	1	0.39mi
1226 Baylor Ave Waco, TX	2.0	2.0–2.5	1024	$1,337	$1.31	16d	2	0.39mi
1226 Baylor Ave Waco, TX	2.0	2.0–2.5	1024	$1,350	$1.32	23d	2	0.39mi
2021 Gurley Ave Waco, TX	3.0	2.0	1320	$1,500	$1.14	23d	1	0.40mi
1348 S 12th St Waco, TX	2.0	2.0	958	$1,300	$1.36	23d	1	0.41mi
1311 Speight Ave Waco, TX	2.0	2.5	1143	$1,195	$1.05	16d	1	0.42mi
1421 S 12th St Waco, TX	2.0	2.0	928	$985	$1.06	16d	3	0.43mi
1311 Speight Ave #1311 Waco, TX	2.0	2.5	1143	$1,500	$1.31	23d	1	0.43mi
1300 S 11th St Waco, TX	2.0	2.5	1083	$1,209	$1.12	16d	14	0.45mi
715 Cleveland Ave Waco, TX	1.0–3.0	1.0–3.0	845	$1,729	$2.04	16d	23	0.66mi
1905 S 14th St Unit B Waco, TX	4.0	4.0	1200	$550	$0.46	23d	1	0.67mi
1905 S 14th St Waco, TX	4.0	4.0	1500	$3,000	$2.00	23d	1	0.67mi
1912 S 15th St Unit A Waco, TX	4.0	2.0	1400	$1,850	$1.32	23d	1	0.68mi
1909 S 14th St Unit B Waco, TX	4.0	4.0	1680	$1,650	$0.98	46d	1	0.68mi
1909 S 14th St Waco, TX	4.0	4.0	1680	$1,600	$0.95	23d	1	0.68mi
1916 S 15th St Waco, TX	4.0	4.0	1744	$1,800	$1.03	16d	1	0.69mi
1916 S 15th St Unit A Waco, TX	4.0	4.0	1744	$1,800	$1.03	23d	1	0.69mi
1925 S 17th St Unit 1 Waco, TX	4.0	4.0	1856	$2,100	$1.13	23d	1	0.71mi
2601 Flint Ave Waco, TX	3.0	2.0	1356	$1,720	$1.27	46d	1	0.77mi
1923 Austin Ave Unit 5202 Waco, TX	2.0	2.5	1265	$1,395	$1.10	23d	1	0.81mi
1918 S 8th St Waco, TX	3.0	2.0	1061	$1,200	$1.13	23d	1	0.92mi
600 Bagby Ave Waco, TX	2.0–3.0	2.5	1206	$1,795	$1.49	46d	3	0.92mi
600 Bagby Ave Waco, TX	2.0	2.0–2.5	1102	$1,496	$1.36	23d	2	0.92mi
2005 S 8th St Waco, TX	1.0–2.0	1.0–2.0	685	$1,000	$1.46	16d	2	0.93mi
2300 Washington Ave Waco, TX	3.0	1.0	1232	$1,650	$1.34	16d	1	0.97mi
2011 S 7th St Waco, TX	3.0	3.0	1484	$1,800	$1.21	23d	1	1.00mi
2011 S 7th St Unit 6B Waco, TX	3.0	3.0	1478	$2,150	$1.45	46d	1	1.00mi
700 S 4th St Waco, TX	1.0–3.0	1.0–2.0	889	$1,400	$1.57	16d	12	1.01mi
1800 S 5th St Waco, TX	2.0	2.0	900	$1,240	$1.38	23d	1	1.07mi
416 Daughtrey Ave Waco, TX	4.0	4.0	1680	$2,500	$1.49	23d	1	1.12mi
415 N 23rd St Waco, TX	3.0	2.0	1680	$2,000	$1.19	23d	1	1.13mi
716 N 13th St Waco, TX	4.0	2.0	1349	$1,675	$1.24	23d	1	1.17mi
1800 Primrose Dr Waco, TX	1.0–4.0	1.0–2.0	942	$1,133	$1.20	16d	33	1.17mi
615 N 23rd St Waco, TX	2.0	1.0	900	$1,275	$1.42	23d	1	1.24mi
608 N 23rd St Waco, TX	3.0	1.0	1361	$1,695	$1.25	23d	1	1.24mi
2900 Austin Ave Waco, TX	2.0	2.0	1176	$1,195	$1.02	46d	1	1.26mi
804 N 11th St Waco, TX	1.0–2.0	1.0	838	$1,200	$1.43	23d	1	1.26mi

Listing history 27 events

1. 2026-06-21
   days on market $150,000 Active 88 DOM
2. 2026-06-18
   days on market $150,000 Active 85 DOM
3. 2026-06-17
   days on market $150,000 Active 84 DOM
4. 2026-06-16
   days on market $150,000 Active 83 DOM
5. 2026-06-15
   days on market $150,000 Active 82 DOM
6. 2026-06-14
   days on market $150,000 Active 80 DOM
7. 2026-06-13
   days on market $150,000 Active 79 DOM
8. 2026-06-10
   days on market $150,000 Active 77 DOM
9. 2026-06-09
   days on market $150,000 Active 76 DOM
10. 2026-06-09
    price $150,000 Active 75 DOM
11. 2026-06-08
    days on market $160,000 Active 75 DOM
12. 2026-06-07
    days on market $160,000 Active 74 DOM
13. 2026-06-05
    days on market $160,000 Active 71 DOM
14. 2026-06-03
    days on market $160,000 Active 70 DOM
15. 2026-06-02
    days on market $160,000 Active 69 DOM
16. 2026-06-01
    days on market $160,000 Active 68 DOM
17. 2026-05-31
    days on market $160,000 Active 67 DOM
18. 2026-05-30
    days on market $160,000 Active 66 DOM
19. 2026-04-09
    price $160,000 1443-char remark

    Show marketing remark (1430 chars)

    Corner Double Lot Near Baylor University about 1 Mile from Campus & Downtown Waco. Prime Development Opportunity Near Baylor Located just one mile from Baylor University, this property offers a rare opportunity in one of Waco’s fastest-growing areas. The sale includes two adjacent lots at the corner of S 16th St and Flint Ave, providing excellent potential for redevelopment, new construction, or investment. The property currently features an older home that will require significant renovation and is being sold as-is, making it an ideal candidate for a full restoration project or a new build. With strong demand for housing near the university, the site could be well suited for student housing, multi-family units, or a new single-family development (subject to zoning and city approvals). This highly desirable location places you just minutes from Magnolia Market at the Silos and the revitalized Downtown Waco, both known for their shopping, dining, and tourism appeal. Easy access to Interstate 35 makes commuting convenient while maintaining close proximity to Baylor and central Waco. The offering also includes the neighboring parcel at 1608 Flint Ave (Property ID 171914), providing additional space and flexibility for future development. Driving Directions: From Interstate 35, head west on 17th Street, turn right onto Flint Ave, and the property will be located on the corner of Flint Ave and S 16th

20. 2026-04-09
    price $160,000 1430-char remark

    Show marketing remark (1430 chars)

    Corner Double Lot Near Baylor University about 1 Mile from Campus & Downtown Waco. Prime Development Opportunity Near Baylor Located just one mile from Baylor University, this property offers a rare opportunity in one of Waco’s fastest-growing areas. The sale includes two adjacent lots at the corner of S 16th St and Flint Ave, providing excellent potential for redevelopment, new construction, or investment. The property currently features an older home that will require significant renovation and is being sold as-is, making it an ideal candidate for a full restoration project or a new build. With strong demand for housing near the university, the site could be well suited for student housing, multi-family units, or a new single-family development (subject to zoning and city approvals). This highly desirable location places you just minutes from Magnolia Market at the Silos and the revitalized Downtown Waco, both known for their shopping, dining, and tourism appeal. Easy access to Interstate 35 makes commuting convenient while maintaining close proximity to Baylor and central Waco. The offering also includes the neighboring parcel at 1608 Flint Ave (Property ID 171914), providing additional space and flexibility for future development. Driving Directions: From Interstate 35, head west on 17th Street, turn right onto Flint Ave, and the property will be located on the corner of Flint Ave and S 16th

21. 2026-03-26
    price $179,000 1430-char remark

    Show marketing remark (1430 chars)

    Corner Double Lot Near Baylor University about 1 Mile from Campus & Downtown Waco. Prime Development Opportunity Near Baylor Located just one mile from Baylor University, this property offers a rare opportunity in one of Waco’s fastest-growing areas. The sale includes two adjacent lots at the corner of S 16th St and Flint Ave, providing excellent potential for redevelopment, new construction, or investment. The property currently features an older home that will require significant renovation and is being sold as-is, making it an ideal candidate for a full restoration project or a new build. With strong demand for housing near the university, the site could be well suited for student housing, multi-family units, or a new single-family development (subject to zoning and city approvals). This highly desirable location places you just minutes from Magnolia Market at the Silos and the revitalized Downtown Waco, both known for their shopping, dining, and tourism appeal. Easy access to Interstate 35 makes commuting convenient while maintaining close proximity to Baylor and central Waco. The offering also includes the neighboring parcel at 1608 Flint Ave (Property ID 171914), providing additional space and flexibility for future development. Driving Directions: From Interstate 35, head west on 17th Street, turn right onto Flint Ave, and the property will be located on the corner of Flint Ave and S 16th

22. 2026-03-25
    listed $190,000 Active 1430-char remark

    Show marketing remark (1430 chars)

    Corner Double Lot Near Baylor University about 1 Mile from Campus & Downtown Waco. Prime Development Opportunity Near Baylor Located just one mile from Baylor University, this property offers a rare opportunity in one of Waco’s fastest-growing areas. The sale includes two adjacent lots at the corner of S 16th St and Flint Ave, providing excellent potential for redevelopment, new construction, or investment. The property currently features an older home that will require significant renovation and is being sold as-is, making it an ideal candidate for a full restoration project or a new build. With strong demand for housing near the university, the site could be well suited for student housing, multi-family units, or a new single-family development (subject to zoning and city approvals). This highly desirable location places you just minutes from Magnolia Market at the Silos and the revitalized Downtown Waco, both known for their shopping, dining, and tourism appeal. Easy access to Interstate 35 makes commuting convenient while maintaining close proximity to Baylor and central Waco. The offering also includes the neighboring parcel at 1608 Flint Ave (Property ID 171914), providing additional space and flexibility for future development. Driving Directions: From Interstate 35, head west on 17th Street, turn right onto Flint Ave, and the property will be located on the corner of Flint Ave and S 16th

23. 2026-02-25
    listed $179,000 Active 1443-char remark

    Show marketing remark (1443 chars)

    Corner Double Lot Near Baylor University about 1 Mile from Campus & Downtown Waco. Prime Development Opportunity Near Baylor Located just one mile from Baylor University, this property offers a rare opportunity in one of Waco’s fastest-growing areas. The sale includes two adjacent lots at the corner of S 16th St and Flint Ave, providing excellent potential for redevelopment, new construction, or investment. The property currently features an older home that will require significant renovation and is being sold as-is, making it an ideal candidate for a full restoration project or a new build. With strong demand for housing near the university, the site could be well suited for student housing, multi-family units, or a new single-family development (subject to zoning and city approvals). This highly desirable location places you just minutes from Magnolia Market at the Silos and the revitalized Downtown Waco, both known for their shopping, dining, and tourism appeal. Easy access to Interstate 35 makes commuting convenient while maintaining close proximity to Baylor and central Waco. The offering also includes the neighboring parcel at 1608 Flint Ave (Property ID 171914), providing additional space and flexibility for future development. Driving Directions: From Interstate 35, head west on 17th Street, turn right onto Flint Ave, and the property will be located on the corner of Flint Ave and S 16th

24. 2026-02-19
    historical
25. 2025-08-19
    listed $175,000 Active
26. 2025-07-07
    listed $250,000 Active
27. 2010-05-25
    soldstatus

ⓘ 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: $2,323 · $194/mo
• Projected year-2 tax: $2,745 · $229/mo
• Expected delta: +$422/yr (+$35/mo · 18.2%)

ⓘ 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 1/10 Low
• 🌡 Heat 7/10 Severe 7 d/yr ≥109°F today · 23 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 60% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,231
• − Mortgage interest: −$8,402
• − Property taxes: −$2,323
• − Insurance: −$750
• − Repairs & maintenance: −$1,538
• − Management: −$1,538
• − Depreciation: −$4,364
• Taxable income: $315
• Est. tax owed @ 24.0%: −$75
• After-tax cash flow: $2,604/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.

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

Amenities C Commute F Cost of living A+ Crime D Employment D- Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Waco, TX
• County: McLennan County · 213,088 people
• City population: 125,319
• Metro: Waco, TX
• Population (ZIP): 41,627
• Household income: $41,656
• Rent vs Own: 61.0% rent · 39.0% own
• Severe rent burden: 3883.0

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 0.64)
• Race & ethnicity: White 49% Hispanic / Latino 31% Two or more races 17% Black 15% Asian 3%
• Hispanic origin (detail): Mexican 29%
• Common ancestry: Lithuanian 1% Iranian 1% Romanian 1%
• Foreign-born: 9% · Canada, Vietnam, China
• Languages at home: 78% English-only · Spanish 19% Other Indo-European 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: ▼ -94.31%
• Current HPI: 230.2557
• Rent YoY: ▲ 1.86%
• 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
▸Technology	5	$198B
▸Engineering / Construction	4	$72B
▸Energy Services	3	$60B
▸Utilities	3	$41B
▸Healthcare	2	$330B

Price history

-36.0% since first listed

9 events — show timeline

• 2026-04-09 Price Changed $160,000 NTREIS
• 2026-04-09 Price Changed $160,000 Unlock MLS
• 2026-03-26 Price Changed $179,000 Unlock MLS
• 2026-03-25 Listed $190,000 Unlock MLS
• 2026-02-25 Listed $179,000 NTREIS
• 2026-02-19 Listing Removed — NTREIS
• 2025-08-19 Listed $175,000 NTREIS
• 2025-07-07 Listed $250,000 NTREIS
• 2010-05-25 Sold (Public Records) — Public Records

Property tax history

+7.1%/yr

Latest (2025): $2,323 · +19.6% YoY. Source: county tax records.