South Waco (Elementary School) Homes under $400,000

Welcome to South Waco, a vibrant and welcoming community nestled in the heart of Waco, Texas. Known for its rich history and warm Southern charm, South Waco is an ideal place for families, especially those with children attending South Waco Elementary School. This well-regarded institution is dedicated to fostering a nurturing and engaging learning environment, providing students with a solid educational foundation. With a focus on academic excellence and character development, South Waco Elementary is an integral part of the community, ensuring that children thrive both in and out of the classroom.

For families looking to settle down in this picturesque area, South Waco offers an array of homes priced under $400,000. This makes it an attractive option for first-time homebuyers, growing families, and those seeking a peaceful retreat without breaking the bank. The real estate market here features a variety of charming properties, from cozy single-family homes to modern townhouses, all designed to meet the diverse needs of residents.

Living in South Waco means enjoying the best of both worlds: a close-knit community atmosphere combined with easy access to the urban conveniences of Waco. Residents can explore beautiful parks, local shops, and delightful dining options, all while being part of a community that values education and family. Whether you’re drawn by the excellent schooling options or the affordability of homes, South Waco is a wonderful place to call home. Come discover the charm of South Waco, where community spirit and family-friendly living thrive!

Newest South Waco (Elementary School) Homes under $400,000

$390,000

3 Beds ⋅ 3 Baths ⋅ 21406251 MLS

Beautifully renovated from the studs up, this 3-bedroom, 3-full-bath home offers 1,374 square feet of thoughtfully redesigned living space with extensive updates inside and out. Located at 920 Hines Avenue in Waco, this move-in-ready home combines the charm of an established neighborhood with the finishes and major system improvements today's buyers are looking for. The bright, open-concept floor plan creates an inviting flow between the living, dining, and kitchen areas—perfect for both everyday living and entertaining. The completely updated kitchen features new cabinetry, granite countertops, modern fixtures, and generous workspace, while new luxury vinyl plank flooring, fresh interior paint, new windows, and updated fixtures provide a clean, cohesive look throughout. Originally a one-bath home, the floor plan has been enhanced with two additional bathrooms for a total of THREE FULL BATHROOMS—a rare and valuable feature in a home of this size. Each bathroom features new cabinetry, fixtures, and finishes. The renovation goes well beyond cosmetic updates. The home was taken down to the studs and includes new electrical wiring, a new furnace, central heating and air conditioning, and numerous additional improvements. The foundation was also completed approximately one year ago, offering added peace of mind. Situated on an approximately 0.28-acre lot, the property provides plenty of outdoor space for entertaining, pets, gardening, or creating your own backyard retreat. Conveniently located near Baylor University, downtown Waco, shopping, dining, entertainment, and major roadways. If you're looking for an extensively renovated, move-in-ready Waco home where much of the hard work has already been done, 920 Hines Avenue deserves a closer look.

920 Hines Ave, Waco

$99,000

3 Beds ⋅ 3 Baths ⋅ 21400243 MLS

2434 S 9TH STREET WACO, TEXAS 76706 IS A DIAMOND IN THE ROUGH AND READY FOR YOU TO MAKE IT SHINE! IT CAN BECOME AN INVESTMENT PROPERTY OR YOU MAY DECIDE TO USE THIS HOME FOR YOUR OWN PERSONAL USE. HOME IS BEING SOLD AS-IS SO AGENTS AND BUYERS PLEASE VERIFY ALL INFORMATION BEFORE PURCHASING. LOCATED NEAR BAYLOR UNIVERSITY AND THE FERRELL CENTER. HOME IS PRICED TO SELL!

2434 S 9th St, Waco

$115,000

2 Beds ⋅ 2 Baths ⋅ 21399952 MLS

Located near Baylor University and central Waco amenities, 1214 Baylor Ave. #205 combines modern updates with low-maintenance condo living. This updated 2-bedroom, 2-bath home features luxury vinyl plank flooring throughout, fresh interior paint, and a thoughtfully refreshed interior designed for comfort and convenience. The kitchen has been completely updated with new cabinetry, quartz countertops, and a clean modern finish, while both bathrooms feature updated cabinets that continue the cohesive design throughout the home. The functional floor plan offers dedicated living and dining space, a private primary suite with ensuite bath, and an easy flow ideal for everyday living. Located within the Casablanca community, residents enjoy gated access, maintained grounds, and access to the community pool, creating a lock-and-leave lifestyle with minimal upkeep. Conveniently positioned near Baylor University, downtown Waco dining, shopping, entertainment, and major commuter routes, this property offers flexibility as a primary residence, game day retreat, or investment opportunity.

1214 Baylor Ave Unit 205, Waco

$145,000

1 Beds ⋅ 2 Baths ⋅ 21394736 MLS

Location, location, location! This Waco apartment offers a convenient setting just approximately 3 minutes from Baylor University and 5 minutes from Downtown Waco, providing easy access to shopping, dining, entertainment, and campus activities. The open layout creates a comfortable and functional living space with everything you need for everyday living. Currently tenant-occupied, this property also presents a great investment opportunity for buyers looking to add a rental property in a convenient Waco location. Whether you’re looking for an investment or a future place to call home, this property offers plenty of potential. Schedule your private showing today!

1915 S 10th St, Waco

$265,000

3 Beds ⋅ 2 Baths ⋅ 21392212 MLS

Welcome to this beautifully remodeled 3 bedroom, 2 bathroom home offering 1,160 sqft of thoughtfully updated living space. A covered front porch greets you on arrival, creating a warm and inviting first impression. Inside, you'll find recessed lighting throughout and a stylish kitchen featuring quartz countertops, a coordinating backsplash, and a good size island with space for barstool seating, perfect for everyday meals and entertaining. The primary suite includes a walk-in tiled shower and a connected walk-in closet. The spacious laundry room offers cabinet storage and countertop space for added convenience. Step outside to a covered back porch and a backyard with plenty of room for outdoor gatherings. Located just minutes from Baylor University, Magnolia Market, downtown Waco, and local restaurants and shops, this home is ready for its next owner. Schedule your showing today!

2415 S 9th St, Waco

$175,000

2 Beds ⋅ 2 Baths ⋅ 21390270 MLS

Fully furnished and ready to enjoy, this charming 2-bedroom, 2-bath condo offers comfortable, low-maintenance living in a gated community just minutes from Baylor University. With furnishings included, this property is an ideal option for a primary residence, second home, student housing, or investment opportunity. The community offers a refreshing pool and convenient parking, while the location puts you close to Baylor, downtown Waco, local restaurants, shopping, and easy I-35 access. Whether you're looking for a convenient home near campus or a turnkey investment, this condo offers location, convenience, and flexibility all in one.

1214 Baylor Ave Unit 202, Waco

$350,000

4 Beds ⋅ 5 Baths ⋅ 21385208 MLS

Parent and Investor Buyers!. A Baylor-area rental with a floorplan that keeps itself occupied: 4 bedrooms, 4 full baths and a half bath in 1,575 square feet, so every bedroom has its own bath and its own walk-in closet. Built in 2017, one story, with open living and dining, a kitchen pantry, and vaulted ceilings overhead. Full-size washer and dryer space off the hall, flat screen wiring and a prewired security system already in place. Outside there is a covered front porch, a covered rear porch with awnings, and concrete off-street parking reached from the alley. Central heat and central air, slab foundation, composition roof, city water and city sewer, and no HOA dues. Waco ISD. Roughly five minutes from campus and minutes from downtown Waco. Leased for $2,800 per month through July of 2027.

208 Church Ave, Waco

$350,000

4 Beds ⋅ 5 Baths ⋅ 21385193 MLS

Baylor-area investment home, built in 2017 and set on .197 of an acre. This single-story residence holds 4 bedrooms and 4.5 baths in 1,575 square feet, with a full bath for every bedroom, a walk-in closet in each, and a separate powder bath for guests. The open floorplan links living and dining to a kitchen with a pantry, and vaulted ceilings carry through the main living space. Full-size washer and dryer space in the hall, flat screen wiring and a prewired security system. Covered front porch, covered rear porch with awnings, and a concrete off-street parking pad served by the alley. Central heat and central air, slab foundation, composition roof, city water and city sewer, no HOA. Waco ISD. About five minutes to the Baylor campus and minutes to downtown Waco. Leased for $2,200 per month through July of 2027.

200 Church Ave, Waco

$298,850

3 Beds ⋅ 4 Baths ⋅ 21390664 MLS

Rare find in Oxford Park, minutes from Baylor University! 3-bedroom, 3.5-bathroom move-in ready condo, gated community, secure parking! Built in 2008, this 2-story condo has been well-maintained and freshly repainted, perfect open floorplan with each bedroom having its own private en suite bathroom and big closets and a half bath off the living room. Attractive community back yard space with fire pit and grill. Also eligible for short-term rental (STR, AirBnb, VRBO), no Special Permit required.

2513 S 2nd St Unit 1B, Waco

$315,000

4 Beds ⋅ 3 Baths ⋅ 21380794 MLS

Welcome to 102 Garden Drive, a spacious 4 bedroom, 3 bath home offering an updated interior near Baylor University. The open living and kitchen area is filled with natural light and features new LVP flooring and granite countertops, creating a comfortable space for everyday living and entertaining. Generously sized bedrooms, great closet space, and three full bathrooms provide plenty of flexibility for family, guests, a home office, or roommates. All appliances remain with the home, adding even more convenience for the next owner. Situated on a larger lot, the home offers plenty of room to enjoy the outdoors, along with a sprinkler system and a new roof installed in 2023. A covered back porch extends the living space outside, while covered parking accommodates up to four vehicles, with a long driveway providing additional off-street parking. Conveniently located near Baylor University, downtown Waco, and many of the area’s attractions. The property is currently leased for $2,700 per month for the current school year. Whether you’re looking for an investment property or a spacious home in a convenient central Waco location, 102 Garden Drive is one you don't want to miss!

102 Garden Dr, Waco

$274,500

2 Beds ⋅ 3 Baths ⋅ 21386274 MLS

Open house on Saturday, September 19, from 10am to 2pm. Currently undergoing an extensive renovation, 600 Bagby Avenue Unit 8E is expected to be completed by the end of October. This end-unit condo at Bagby Square has two master bedrooms, two full baths, and a half bath. What's gettting done with the renovation? All new Shaker-style cabinets, new granite counters, new sinks, new fixtures, new vinyl plank flooring, new French doors to the patio, new interior doors, new recessed lighting, new toilets, new mirrors, new ceiling fans, new door knobs, new range, new microwave, new dishwasher, and more. The popcorn ceiling is gone. The kitchen ceiling has been raised. The HVAC system was replaced in 2024, including some new ducts. A new water heater was installed in 2025. Don't miss the opportunity to get this highly updated condo about as close to Baylor's campus as you can buy. Great for parents or investors. There is a reserved, covered parking space plus additional uncovered parking. The HOA dues include internet, streaming TV, building insurance, exterior pest control, landscaping, and more. Listing agent is an owner.

600 Bagby Ave Unit 8E, Waco

$154,900

2 Beds ⋅ 2 Baths ⋅ 21377573 MLS

SHORT-TERM RENTALS ALLOWED IN THE BAYLOR BUBBLE! Located in District 12 Condos, this well-maintained 2-bedroom, 2-bath condo presents an exciting opportunity for investors, Baylor families, game-day visitors, or anyone seeking a low-maintenance home near the heart of Waco. The desirable two-bedroom, two-bath layout provides flexibility for hosting guests, roommates, or short-term rental stays. Inside, the open-concept living area feels comfortable and inviting, while the spacious kitchen offers abundant cabinetry and storage. Both bedrooms feature generous closets, and two full bathrooms add privacy and convenience. Move-in ready and conveniently located near Baylor University, Downtown Waco, Magnolia, shopping, dining, entertainment, and Waco’s most popular attractions. Whether you’re searching for a Baylor-area home, a game-day getaway, or a potential income-producing STR, this District 12 condo offers location, versatility, and investment potential in one appealing‌‌‌‌‌‌‌‌‌‌‌‌ package.

1362 S 12th St Unit 22, 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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