Waco TX Real Estate - Waco TX Homes For Sale | Zillow (2024)

FAQs

What is the nicest neighborhood in Waco? ›

1. Woodway. Nestled on the outskirts of Waco, the affluent neighborhood of Woodway is a prime destination for those seeking a peaceful and upscale living experience. With its tree-lined streets, well-maintained properties, and proximity to Lake Waco, Woodway is a haven for nature enthusiasts and families alike.

Waco, TX housing is 19% cheaper than the U.S average, while utilities are about 9% pricier. When it comes to basic necessities such as food and clothing, groceries are around 0% in Waco, TX than in the rest of the country, while clothing costs around 0% .

One of the most attractive aspects of Waco is its affordable cost of living. Compared to other cities in Texas, and especially when compared to national averages, Waco offers reasonable housing prices, lower utility costs, and more affordable groceries.

Explore Waco, TX

There are 25 neighborhoods in Waco. Highway 84 West has a median listing home price of $497.5K, making it the most expensive neighborhood. North Waco is the most affordable neighborhood, with a median listing home price of $171.3K.

With a crime rate of 38 per one thousand residents, Waco has one of the highest crime rates in America compared to all communities of all sizes - from the smallest towns to the very largest cities. One's chance of becoming a victim of either violent or property crime here is one in 26.

Much of the tourism flowing into Waco is due to the silos that Chip and Joanna Gaines transformed on their ultra-popular HGTV show “Fixer Upper,” but that's not the only reason people are moving.

Overall, the cost of living in Waco is below the national average by approximately 10%. While the average cost of utilities is slightly higher, the price of things like housing, childcare, and groceries is lower than in many other places. You'll also find that property taxes are much lower than you may expect.

Waco Demographics

White: 59.93% Black or African American: 20.42%

Historically, Waco has been a very poor area. In fact it has sadly been among the poorest counties in Texas for quite some time now. Even though there are many high and median income areas, the diverse socio-economic landscape has balanced out the real estate market to make it amazingly affordable.

Prices of real estate in Waco, Texas have increased 27% year on year. Over the last 12 months, the median rent for a 3-bedroom property has grown by 30%. Its strategic location between Dallas-Fort Worth and Austin has kept home values and demand for rental properties on the boil.

What is the best part of Waco to live in? ›

Bellmead,Lacy Lakeview, China Springs Robinson, Woodway and Hewitt are very good places to live.

Education is the largest employment sector in the Waco area, thanks to Baylor University, McLennan Community College, Texas State Technical College, the 14,000-student Waco Independent School District, suburban schools and private schools.

The cost of living in Waco, TX is -9.3% lower than in Houston, TX. You would have to earn a salary of $54,433 to maintain your current standard of living. Employers in Waco, TX typically pay -10.8% less than employers in Houston, TX.

Waco Demographics

White: 59.93% Black or African American: 20.42% Two or more races: 14.07%

Castle Heights became Waco's first historic district listed on the National Register of Historic Places in 2009, which includes its namesake, the Cottonland Castle, an 1890s Gothic stone structure on Austin Avenue. Today, Austin Avenue remains one of the most desirable neighborhoods in the city.

Woodway is a suburb of Waco with a population of 9,399. Woodway is in McLennan County and is one of the best places to live in Texas. Living in Woodway offers residents a rural feel and most residents own their homes. Many young professionals and retirees live in Woodway and residents tend to lean conservative.

It really depends on what you want to see in Waco, where you stay, etc. If you are coming here primarily for Magnolia, the trolley and Uber can get you anywhere you want to go. Downtown is small and very walkable for someone with normal mobility, with the trolley helping you cover longer distances during the day.