University (High School) Homes under $500,000

Welcome to the vibrant community of McLennan County, Texas, where education, opportunity, and charming homes come together to create the perfect environment for families and individuals alike. Nestled in the heart of Texas, this region is home to a unique blend of quality living and access to top-notch educational institutions, including the esteemed combined school system of University High School.

University High School is renowned for its commitment to academic excellence and a supportive learning environment. It offers a wide array of programs designed to foster student growth and success, preparing them for higher education and beyond. Families living in McLennan County can take pride in being part of a community that values education and invests in the future of its youth.

For those seeking to establish roots in this thriving area, there are numerous homes available for under $500,000. Whether you’re looking for a cozy starter home or a spacious family residence, McLennan County offers a variety of options to suit every taste and budget. From charming single-family homes to modern townhouses, you’ll find properties that combine comfort and style without breaking the bank.

Living in McLennan County means enjoying a rich tapestry of culture, recreational activities, and a welcoming atmosphere. With its proximity to Waco and the scenic beauty of Texas, this area is not just a place to live; it’s a place to thrive. Discover the perfect home in McLennan County today and become part of a community that prioritizes education, family, and a bright future!

Newest University (High School) Homes under $500,000

$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

$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

$166,300

3 Beds ⋅ 2 Baths ⋅ 21405097 MLS

Seller offering credit towards closing costs!!! This is your opportunity to own a beautifully updated 3-bedroom, 2-bath home offering the perfect blend of character, comfort, and convenience. Renovated in 2017, this move-in-ready home features an open and inviting layout with spacious bedrooms, updated kitchen and bathrooms, new carpet and new interior painting, central gas heating and air conditioning, and attractive wood plank flooring with carpet in select areas. The heart of the home is the expansive family room, highlighted by a floor-to-ceiling stone fireplace that creates a warm and welcoming gathering space. The kitchen was tastefully updated in 2017 and includes a stove, while the HVAC system was also replaced that same year. A new water heater was installed in 2019, and the entryway and dining area received beautiful new wood plank flooring in 2025, adding a fresh, modern touch. Outside, you'll enjoy exceptional curb appeal with a charming covered front porch, attractive stone accents, and mature pecan and oak trees that provide abundant shade while producing pecans seasonally. The large, fenced backyard offers plenty of room for entertaining, gardening, pets, or future outdoor projects. A high metal privacy fence was installed in 2020 for added security and durability. Conveniently located with quick access to Interstate 35, this home is just minutes from Baylor University, Baylor Scott & White Medical Center, H-E-B, Walmart, Beverly Hills Shopping Center, Cameron Park Zoo, the Mayborn Complex, schools and Magnolia Table, shopping. This property offers outstanding value in a highly accessible location.

1924 Connally St, Waco

$299,500

3 Beds ⋅ 2 Baths ⋅ 21401774 MLS

This beautifully remodeled 3-bedroom, 2-bath home offering 1,689 sq. ft. of living space! Completely updated throughout with a NEW HVAC system, NEW roof, NEW wood privacy fence, and fresh finishes throughout. The spacious master bedroom features a huge walk-in closet, while an additional back room to the house offers flexible space for storage, an office, or bonus room. Enjoy a great-sized backyard perfect for relaxing or entertaining. Move-in ready and waiting for its new owners!

1413 Holly Vista St, Waco

$369,900

1 Beds ⋅ 1 Baths ⋅ 21400354 MLS

Beautiful one-bedroom condo in The Edison, ideally located on sought-after Austin Avenue. This inviting second-story residence offers an open floor plan with the kitchen flowing seamlessly into the family room, creating a comfortable space for everyday living and entertaining. The spacious bedroom features a wonderful bath and large walk-in closet. A private balcony overlooks the peaceful courtyard and provides a lovely spot to relax and enjoy the surroundings. Additional features include an elevator for easy access, a separate utility room, beautiful wood-like vinyl flooring throughout, and a welcoming entry. With its wonderful layout, comfortable feel, and exceptional location, this condo offers an opportunity to enjoy easy, stylish living in a desirable building. HOA dues are $150 per month.

711 Austin Ave Unit C, Waco

$215,000

3 Beds ⋅ 1 Baths ⋅ 21400695 MLS

Charming and freshly updated, this spacious 3-bedroom, 1-bath home is just around the corner from Kendrick Park. Fresh paint, new flooring, updated siding and refreshed finishes create a welcoming, move-in-ready space. A new HVAC system and water heater offer added peace of mind, while the carport provides covered parking and an exterior storage closet keeps extras tucked away.

3436 Daughtrey Ave, Waco

$158,900

2 Beds ⋅ 2 Baths ⋅ 21369981 MLS

BAYLOR BUBBLE CONDO — LOCATION, CONVENIENCE & EASY LIVING! Located in the sought-after Baylor Bubble, this 2-bedroom, 2-bath condo offers approximately 832 square feet and a location close to Baylor University, downtown Waco, shopping, dining, entertainment, and all things Baylor! Inside, the functional floor plan features a comfortable living area that flows easily into the dining space and kitchen. The kitchen is finished with granite countertops, white cabinetry, tile backsplash, stainless steel appliances, and ample cabinet storage. Both bedrooms are nicely sized, with the primary bedroom featuring its own private bath with a walk-in shower. A second full bath offers a tub-shower combination. Additional touches include shiplap accents, built-in storage, updated finishes, ceiling fans, and stained concrete flooring throughout the main living areas. This condo comes furnished as the pictures show. The flooring is a tile look finished concrete. Whether you're looking for a Baylor student residence, game-day getaway, personal home, or investment property, this condo offers flexibility in a location that's hard to beat.Close to campus. Close to downtown. Right in the heart of the Baylor Bubble. Sic ’Em!

1214 Baylor Ave Unit 109, 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

$230,000

3 Beds ⋅ 2 Baths ⋅ 21399075 MLS

Brand-new construction in the newly established Craven Estates community in Lacey Lakeview! This move-in-ready model home is now available for purchase and provides a great opportunity for an owner-occupant looking for a modern, low-maintenance home. Conveniently located near Texas State Technical College, I-35, downtown Waco, shopping, dining, and entertainment, this home puts everyday essentials and local amenities within easy reach. The modern exterior features white Hardie plank siding, bold black accents, and a charming covered front porch. Inside, the open-concept floor plan seamlessly connects the living, dining, and kitchen areas, creating a functional and inviting space. The primary bedroom is conveniently located on the main floor, with a bathroom accessible from both the bedroom and common area. Upstairs, two additional bedrooms share a Jack-and-Jill bathroom. With new construction, a functional layout, and a convenient location, this home is ready for its next owner to make it their own. 100% financing may be available for qualified buyers.

84 Crescent, Waco

$159,000

2 Beds ⋅ 1 Baths ⋅ 21399228 MLS

This charming 2-bedroom, 1-bathroom home offers 1,188 square feet of living space and plenty of character throughout. Outside, you’ll find a large concrete driveway, covered carport, chain-link fencing, and a welcoming covered front porch. Inside, the home features newer windows and newer cabinets, along with a spacious dining room and a breakfast nook area just off the kitchen. The primary bedroom includes a walk-in closet, while the bathroom offers a walk-in shower. The generously sized laundry room provides plenty of shelving for extra storage. Step outside to enjoy the covered patio and fenced backyard, complete with a storage shed and apple and fig trees. The property also offers alley access for added convenience. Located just minutes from Downtown Waco, Magnolia Market, local restaurants, and shops, this home puts you close to everything Waco has to offer!

708 S 16th St, Waco

$420,000

6 Beds ⋅ 4 Baths ⋅ 21394298 MLS

Parent and Investor Buyers!!! What a Deal! 6 bedrooms, 4 full bathrooms and 2,205 square feet of living space just down from Baylor University. The open-concept living and kitchen area built for the college life opens from the front entrance and features granite counters, a kitchen island and tile flooring throughout the main living areas. Good sized bedrooms, walk-in closets. Outside, the fully fenced backyard sits on a 0.19-acre lot, a rare amount of private outdoor space this close to campus. Lots of Plenty of parking. Major systems have been updated with new HVAC and a new water heater, and the roof is approximately 4 years old. A strong property in a high-demand location near Baylor.

221 Gurley Ln, 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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