Waco Homes under $500,000

Welcome to Waco, Texas – a charming city that beautifully blends rich history, vibrant culture, and a warm community spirit. Nestled in McLennan County, Waco is famous for its iconic landmarks, such as the Magnolia Market at the Silos, where visitors can immerse themselves in the world of home décor and delicious treats. With a population of around 140,000, Waco offers a small-town feel with big-city amenities, making it an ideal place to call home.

Waco's real estate market is thriving, and for those seeking affordability without sacrificing quality, there are plenty of stunning homes available under $500,000. Whether you’re a first-time homebuyer, a growing family, or looking to downsize, Waco has something for everyone. You can find charming bungalows, spacious family homes, and modern townhouses, all nestled in friendly neighborhoods with easy access to parks, schools, and local attractions.

The city's rich cultural scene is complemented by a variety of outdoor activities, including the scenic Brazos River, where residents can enjoy kayaking, hiking, and picnicking. With a strong sense of community and a diverse range of events throughout the year, Waco fosters connections among its residents.

Investing in a home in Waco not only means securing a beautiful property but also becoming part of a thriving community. With homes under $500,000, your dream of homeownership is well within reach in this delightful Texas gem. Explore Waco today and discover the perfect place for you and your family to create lasting memories!

Newest Waco Homes under $500,000

$228,900

3 Beds ⋅ 2 Baths ⋅ 21406594 MLS

Welcome to this beautifully renovated 4-bedroom, 2-bath home in Waco! Offering a fresh, updated feel with plenty of room to spread out, this home combines comfort, functionality, and convenience. The spacious layout provides flexibility for everyday living, entertaining, or creating the perfect home office. Step outside and enjoy the HUGE backyard, offering endless possibilities for outdoor gatherings, pets, gardening, or creating your own backyard retreat. Conveniently located just a short drive from downtown Waco, Baylor University, shopping, dining, entertainment, and popular local attractions, you’ll enjoy easy access to everything Waco has to offer while still having plenty of space to call your own. Whether you’re looking for your next home or an investment opportunity, this move-in-ready property is one you won’t want to miss. Schedule your showing today!

3709 N 22nd St, Waco

$249,000

3 Beds ⋅ 2 Baths ⋅ 21405813 MLS

This one checks a lot of boxes.....new paint, new windows, lots of recent upgrades, pretty landscaping.....two living areas, big kitchen, 3 nice size bedrooms, 2 baths, patio cover, storage shed, all in a super convenient location. Must see this one!

1319 Royal Oaks Dr, Waco

$490,000

3 Beds ⋅ 3 Baths ⋅ 21406915 MLS

Welcome to 3906 Green Oak Drive! This well-maintained 3-bed, 2.5 bath, presents a great opportunity in a charming Waco neighborhood. The living space showcases ample natural light, built-ins, and brick fireplace - bringing both a bright and cozy space to its new buyers. You will also find a spacious kitchen, with island and plentiful storage, a home office, that could transform into anything desired, and generous primary suite, with dual vanities and large shower in the primary bath. A real standout of the property is the beautifully outfitted 2-car air conditioned garage, plus a separate 3rd car garage which has endless possibilities. Offering a sliver of a lake view from the patio, the outdoor space at this home is divine; a climate controlled greenhouse, covered patio, and plenty of privacy are just the start. A must see home that is ready for new owners awaits!

3906 Green Oak Dr, Waco

$127,000

3 Beds ⋅ 1 Baths ⋅ 21407823 MLS

Located in a convenient Waco neighborhood, this 3 bed 1 bath home offers easy access to local amenities while maintaining a quiet, residential feel. Whether you are looking for your first home, wanting to downsize, or seeking a solid addition to your rental portfolio.

3409 Wood Ave, Waco

$185,000

2 Beds ⋅ 1 Baths ⋅ 21404454 MLS

Charming, timeless, and full of character, this beautiful 1925 brick cottage welcomes you with the warmth and craftsmanship that make homes of this era so special. The classic brick exterior, architectural details, arched brickwork, and large covered front porch create an inviting first impression, while mature trees add to the established feel of the property. Step inside and you will find beautifully preserved original details throughout the home. Original hardwood floors, built ins, detailed molding, vintage chandeliers, and original shiplap ceilings tell the story of the home and give each space a character that simply cannot be recreated. While the vintage details have been thoughtfully preserved, modern conveniences make the home comfortable for today. The kitchen pairs its classic charm with tile flooring and stainless steel appliances, creating a beautiful blend of old and new. Two bedrooms and one bathroom offer a cozy and functional floor plan with spaces that feel warm, welcoming, and full of personality. Outside, the large backyard and gorgeous mature trees provide plenty of room to enjoy the outdoors. Create a garden, entertaining area, play space, or your own peaceful retreat beneath the trees. With nearly a century of history, this special home offers the opportunity to enjoy the craftsmanship and character of the past while making it your own for the next chapter.

3327 Morrow Ave, Waco

$209,900

3 Beds ⋅ 2 Baths ⋅ 21405373 MLS

Property qualifies for $0.00 down, seller willing to help lower the interest rate!!! Welcome to 512 Tyler, a 3-bedroom, 2-bathroom home with real curb appeal in the heart of East Waco. A large front porch sets the tone, perfect for morning coffee or evening visits with neighbors. Inside, the updated kitchen features brand-new stainless steel appliances and granite countertops. Both bathrooms have tiled showers with a 5-in-1 shower system for a spa-like feel. Three comfortable bedrooms give you space to live, work, and host. East Waco is one of the city's most talked-about up-and-coming neighborhoods, with new energy and investment arriving. That makes this home a great fit for first-time buyers, owner-occupants, and investors who want to get in early. Come see it for yourself.

512 Tyler St, Waco

$343,560

5 Beds ⋅ 3 Baths ⋅ 21407038 MLS

Step into the Prosper floorplan at Eagles Landing in China Spring, Texas is a 5-bedroom, 3-bathroom two-story home covering approximately 2,346 sq. ft. The 2-car garage ensures plenty of space for vehicles and storage. As you step inside the foyer, you will see one of the secondary bedrooms and a secondary bathroom before you enter into the heart of the home. The heart of the home is where you will find the open concept family room, dining room, and kitchen. The kitchen features beautiful flat panel birch cabinets, quartz countertops, and stainless-steel appliances. On the second floor you will find the other secondary bedrooms as well as the primary bedroom. The secondary bedrooms have carpeted flooring and as located near the laundry room and secondary bathroom. The primary bedroom has an attached bathroom with a spacious walk-in closet with plenty of room for storage. Like with all our homes, you’ll never be too far from home with our smart home technology thoughtfully designed into every detail. Find security and control through the Qolsys panel, your phone, or voice and when you want to add additional smart home tech, easily integrate with Z-wave or Bluetooth technology. (Prices, plans, dimensions, specifications, features, incentives, and availability are subject to change without notice obligation. Images used are digital renderings and subject to have variations)

10101 Altair Dr, Waco

$286,740

4 Beds ⋅ 2 Baths ⋅ 21406997 MLS

Introducing the Fargo floorplan at Eagles Landing in China Spring, Texas, where every square foot is put-to-use with sophistication and comfort. You’ll be calling the approximately 1,665 square foot, single-story, 2-car garage, and covered patio your new home. The 4-bedroom, 2-bathroom floorplan is perfect for you with the open concept living area. The kitchen, dining area, and living area creates a spacious environment. You’ll find flat panel birch cabinetry and granite countertops in the kitchen. The kitchen includes a breakfast bar and corner pantry. The secondary bedrooms are cozy and carpeted, with plenty of closet space. The laundry room and a secondary bathroom are perfectly place next to these rooms. The primary bedroom will make you feel right at home, with an attached primary bathroom and walk-in closet. Each of our D.R. Horton homes has smart home technology built in. With the smart home technology, you’ll never be far from home. (Prices, plans, dimensions, specifications, features, incentives, and availability are subject to change without notice obligation. Images used are digital renderings and subject to have variations)

10108 Altair Dr, Waco

$175,000

3 Beds ⋅ 2 Baths ⋅ 21406891 MLS

Charming waterfront retreat in Waco, TX! Discover the perfect blend of comfort and style in this beautifully renovated 3-bedroom, 2-bathroom home nestled on the serene waterfront. Set on a generous 0.85-acre lot, this property offers a unique combination of cozy, country-chic living with upgrades, making it an ideal getaway or forever home. Step inside to witness a seamless combination of rustic charm and contemporary comfort. The thoughtfully updated interior features open-concept living spaces, stunning vinyl floors, and abundant natural light. A true chef’s delight, the kitchen features stainless steel appliances, sleek quartz countertops, and elegant custom cabinetry, perfect for hosting gatherings or enjoying a quiet meal. Relaxation awaits in the spacious primary suite, complete with a luxurious en-suite bathroom showcasing a modern vanity, stylish fixtures, and a walk-in shower. Two additional sizable bedrooms offer versatility for family, guests, or home office needs. Recent renovations have upgraded the HVAC system to ensure year-round comfort, while the inviting open living area flows effortlessly from the indoors to the outdoor oasis. The exterior of this property is equally impressive. The backyard captivates with its well-kept lawn and a sparkling pool, a haven for lazy summer days. Enjoy your morning coffee or evening wine on the enclosed front porch patio, or delight in tranquil views of the water from the open dock. An expansive lot provides endless opportunities for gardening, recreation, or simply soaking in the natural beauty. This charming property offers a rare combination of privacy and accessibility, where every day feels like a retreat. Don’t miss the chance to experience serene living in a vibrant Waco location.

365 Beaver Ln, Waco

$319,310

4 Beds ⋅ 2 Baths ⋅ 21406976 MLS

The Kingston floorplan at Eagles Landing in China Spring, Texas is a 4-bedroom, 2-bathroom single-story home covering approximately 2,032 sq. ft. The 2-car garage ensures plenty of space for vehicles and storage. In this floorplan, you’ll find a home that makes the most of its space. The kitchen features beautiful flat panel birch cabinetry with granite countertops as it flows into the dining area and great room. The bedrooms are carpeted, and the primary bedroom has an attached bathroom with a spacious walk-in closet. The secondary bathroom is practically placed for easy access to from the secondary bedrooms. Find plenty of space in the laundry room, that is through the kitchen and next to the pantry. Enjoy nature from the backyard covered patio that is attached to the great room. Here you can start or end your day relaxing with nature. Like with all our homes, you’ll never be too far from home with our smart home technology thoughtfully designed into every detail. Find security and control through the Qolsys panel, your phone, or voice and when you want to add additional smart home tech, easily integrate with Z-wave or Bluetooth technology. (Prices, plans, dimensions, specifications, features, incentives, and availability are subject to change without notice obligation. Images used are digital renderings and subject to have variations)

10220 Altair Dr, Waco

$319,310

4 Beds ⋅ 2 Baths ⋅ 21404385 MLS

Come see our spacious Elgin floorplan at Eagles Landing in China Spring, Texas. With 4-bedroom, 2-bathroom home featuring approximately 1,612 square feet of living space. The floorplan has an appealing open concept designed to fit your needs. From the welcoming foyer that leads to the open concept kitchen and living room to the primary bedroom with an attractive attached bathroom that has a spacious walk-in closet. With the 2-car garage, you will find plenty of space for storage or parking. Start or end your day with the standard covered patio, where you can sit and enjoy the views of nature from the backyard. The kitchen features beautiful flat panel birch cabinets and granite countertops. Each of the spacious secondary bedrooms are carpeted and cozy. With easy access to the laundry room and the secondary bathroom. This stunning floorplan offers plenty of space is perfect for you and includes a smart home package to keep your home connected. Control and secure your home through the Qolsys smart panel, through your phone, or even with your voice. (Prices, plans, dimensions, specifications, features, incentives, and availability are subject to change without notice obligation. Images used are digital renderings and subject to have variations)

10112 Altair Dr, Waco

$318,370

4 Beds ⋅ 3 Baths ⋅ 21406922 MLS

Welcome to the Madison floorplan at Eagles Landing in China Spring, Texas is a 4-bedroom, 2-bathroom two-story home covering approximately 2,076 sq. ft. The 2-car garage ensures plenty of space for vehicles and storage. (Prices, plans, dimensions, specifications, features, incentives, and availability are subject to change without notice obligation. Images used are digital renderings and subject to have variations)

10408 Altair Dr, Waco

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Listings provided by North Texas Real Estate Information Systems (NTREIS). Listing data has been deemed reliable but is not guaranteed to be accurate by the MLS.

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